Tags: Octopus Night Rate

4 FAQs about Octopus night rate

What is the Octopus smart tariff?

Unlike other Octopus smart tariffs, the new Cosy Octopus Tariff has three energy rates, as well as the daily standing charge: Off-Peak Rate: 4 am to 7 am and 1 pm to 4 pm – 20.38p/kWh – 40% cheaper than Day Rate. Peak Rate: 4 pm to 7 pm – 54.36p/kWh – 60% higher than Day Rate.

What time does octopus change to day rate?

The times quoted in writing to me by Octopus for day rate are 00:30 - 03:30 and 08:30 - 22:30 and for night rate are 03:30 - 08:30 and 22:30 - 00:30. Having a change to day rate during the night seems a bit odd. This has been queried with Octopus but they are clear this is correct. It makes setting of appliances a bit more chancey at night.

What is the night rate for octopus?

We're on an Octopus fixed rate which offers a night rate of 11.31 p/kWh between 00.30 and 07.30. BUT, that is only between October and March when the UK is not on British summer time. During the period March to October, when the clocks go forward, the night rate is between 01.30 to 08.30. They don't tell people this.

What is the octopus rate?

Get a selection of trending threads sent straight to your inbox daily, weekly or monthly! We're on an Octopus fixed rate which offers a night rate of 11.31 p/kWh between 00.30 and 07.30. BUT, that is only between October and March when the UK is not on British summer time.

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