Harness the power of the sun like never before with Octopus Flux energy tariff.
A revolutionary energy tariff, Octopus Flux is tailored exclusively for homeowners with solar and battery systems. Dive deeper and discover how Octopus Flux can supercharge your renewable energy journey while significantly reducing your energy bills! So if you have Solar Panels and a battery already this could be the tariff for you, if you don’t have solar yet then request a quote today.
What type of energy tariff is Octopus Flux?
Octopus Flux is not just any regular energy tariff. Designed meticulously for solar panel and storage owners, it’s a unique three rate combination tariff. By consolidating your import and smart export guarantee tariffs into one, Octopus Flux offers flexibility that aligns with the dynamic wholesale energy market. So, when Octopus’ flexible tariff witnesses a change, Octopus Flux will follow suit.
How does Octopus Flux work?
Unlock the potential of your solar energy system with Octopus Flux. Here’s how it optimizes your energy consumption and savings:
Super Cheap Rates: Between 02:00 – 05:00 every day, benefit from highly discounted rates. This is the ideal time to juice up your battery, and if you own an Electric Vehicle, charge it up too.
Peak Rate: From 16:00 – 19:00, you are introduced to the peak rate. Make the most of this window by discharging your battery and selling your surplus energy back to the grid.
Flat Day Rate: All other times of the day are covered by a standard flat day rate.
Remember, Octopus Flux and Electric Vehicles are a match made in heaven!
How do I sign up for Octopus Flux?
To embark on this sustainable journey with Octopus Flux, ensure you have:
If you’re a UK homeowner or business owner eager to leverage this innovative energy tariff, consider getting a free solar panel quote from MyHomeSolar’s award-winning team. Begin your solar adventure with us!
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Getting a solar panel installed from MyHomeSolar using Octopus Flux
Make your renewable energy dreams come true with MyHomeSolar. We make it seamless to integrate Octopus Flux into your solar panel setup. Remember, having solar panels is a prerequisite for Octopus Flux, but they needn’t be installed by us. However, if you don’t use MyHomeSolar then you must ensure that the installer is part of MCS and that you are provided by an MCS certificate as you will need the certificate to get Octopus Flux.
10 FAQ’s about Octopus FLUX Tariff
What is Octo Flux?
Octo Flux stands out as a distinct three rate electricity tariff designed with a modern energy consumer in mind. Merging both the import and export components of your energy usage, it provides homeowners with a comprehensive solution, especially those with solar panels. This unique combination offers an intuitive way for consumers to manage their energy needs and gain the most out of their renewable sources.
Is it a flexible tariff?
Absolutely! Octopus Flux is designed to adapt to the ever changing dynamics of the energy market. This means that the unit rate and standing charges associated with the tariff have the flexibility to rise and fall in tandem with wholesale energy prices. Such a design ensures that users are always aligned with the current energy market, maximizing their benefits.
What happens if the flexible tariff rates change?
Change is a constant in the energy market. As Octopus’ flexible tariffs undergo shifts, so will the pricing of Flux. But transparency is key. Every Octopus Flux user will receive timely notifications about any impending changes, ensuring no surprises. Plus, the freedom to switch tariffs or even suppliers at any point gives users the ultimate flexibility without any exit fees or tie ins.
What are the prerequisites for Octopus Flux?
Octopus Flux is curated for the informed and prepared homeowner. To avail of this tariff, there are some essentials, a smart meter to capture detailed consumption data, a solar system to generate green energy, a home battery for storage, the MCS document detailing your solar system’s specifications, and a confirmation that your local energy network was made aware of your solar installation. These requirements ensure a smooth experience with the Octopus Flux tariff.
Can I join Octopus Flux with an electric vehicle
Certainly! Octopus Flux is not just limited to your home’s energy consumption. If you’re an electric vehicle owner, you’ll be delighted to know that the tariff is designed to be compatible with EVs. This means that you can efficiently manage your vehicle’s charging needs while optimizing costs, making Octopus Flux a holistic energy solution.
How do I switch to Octopus Flux?
Transitioning to Octopus Flux is a breeze. Start by registering your interest and adding your name to our waitlist. As we’re on the brink of launching online sign ups, it won’t be long before our dedicated team reaches out with the next steps to initiate your switch. Your green energy journey with Octopus Flux is just around the corner!
Do I need a smart meter?
Yes, a smart meter is a foundational requirement for Octopus Flux. These meters provide detailed half hourly readings, vital for the tariff’s precise billing and payments. If your home isn’t equipped with one yet, fret not! Octopus offers a complimentary installation service, ensuring you’re set up without any additional costs.
What happens to my FiT generation contract if I switch to Octopus Flux?
Your transition to Octopus Flux comes with assurance. While your FiT (Feed in Tariff) generation contract remains untouched, ensuring consistent payments for energy generation, there’s a slight shift in the ‘deemed export’ payments section. Users are required to opt out from these and, in exchange, benefit from the Octopus Flux export rate. This rate is calculated for every kWh actually exported, using real time data from your smart meter.
Is there an export limit?
While Octopus Flux itself doesn’t impose a cap on the export rate or the total monthly electricity export, your solar system’s inherent design might. Solar systems are designed keeping in mind the breaker’s limit in your home, typically ranging between 40 and 100 amps. This ensures that the system never overloads, maintaining safety and efficiency.
Is the super cheap period affected by daylight savings?
Seasonal changes and daylight savings won’t play spoilsport with your Octopus Flux rates. The super cheap period steadfastly remains from 02:00 – 05:00 UK local time, and the peak period from 16:00 – 19:00 UK local time, all year round. While your In Home Display might sometimes show variations, trust in our billing system. It’s designed to consider such external factors, guaranteeing that your bills are always accurate.
Embrace a brighter, sustainable future with Octopus Flux and MyHomeSolar. The sun is shining, and the future looks green!