'Agile tariffs' what's it all about? With Zoisa Walton from Octopus Energy.
Everything Electric Podcast
The Fully Charged Show
4.9 • 1.5K Ratings
🗓️ 8 February 2021
⏱️ 61 minutes
🧾️ Download transcript
Summary
Robert talks with Zoisa Walton the CEO for Business from Octopus Energy all about their agile tariff. How individuals and communities can benefit and how the more energy conscious individuals and businesses can benefit more-so.
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Transcript
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| 0:00.0 | Hello and welcome to the Fully Charged Plus podcast. |
| 0:26.8 | We have had guests on this show in the past from a British company called Octopus Energy, |
| 0:34.5 | an energy supplier, and they've been really what they are doing is really interesting. |
| 0:39.2 | I just want to explain to our listeners who are outside the British Isles that we used |
| 0:45.2 | to have the Big Six, they were called the Big Six Energy Suppliers, a couple of French |
| 0:50.0 | companies, Dutch companies, all that stuff, who would supply electricity you'd buy, that's |
| 0:54.2 | who you paid your electricity bill. British Gas was obviously the really big one who sold |
| 0:58.3 | electricity, that's confusing. And so they were the big suppliers in the UK up until probably |
| 1:04.9 | seven or eight years ago, and since then there's been a great many startup companies that offer |
| 1:09.9 | a different service, much more personalised service, but then more recently the incredible |
| 1:15.6 | companies coming to the fore who are taking advantage of all the new technology that we're installing |
| 1:20.0 | on the grid and in the home. And so Octopus Energy are one of those, they're really the leading |
| 1:26.6 | company now, I buy my electricity from Octopus, and there's various tariffs they have allow you |
| 1:36.1 | to make maximum use of the whole sale price of electricity. So I have a thing called Octopus Agile |
| 1:44.7 | which follows the wholesale price of electricity in this country very accurately, and it changes |
| 1:49.5 | every half hour. So you do need to kind of, you know, I'm still getting used to a bit of battery |
| 1:54.0 | management because I've got batteries and cold, when do I charge a car? When the electricity is |
| 1:57.9 | clean and cheap, I've now discovered that isn't always at night, sometimes it's in the middle of |
| 2:02.5 | the day, like at the moment I am paying seven pence a kilowatt hour for electricity, and then about |
| 2:09.3 | an hour and a half, that same electricity will cost me about 33 pence a kilowatt hour. So as you can |
| 2:16.0 | imagine, I'm making sure that I'm not charging a car or charging my batteries then, I will run the |
| 2:20.8 | house off the power walls. So that is really interesting, that is just on an individual level, |
... |
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