The 100% green electricity tariff with Plunge Pricing The perfect partner for energy storage systems.
The battery storage system has been designed to work seamlessly with smart “Agile”
tariffs. The
first energy supplier to offer such a tariff is Octopus Energy however the battery system works
perfectly
with any energy provider.
Enjoy cheaper electricity prices when wholesale prices fall.
With Agile Octopus, you get access to half-hourly energy prices, tied to wholesale
prices and
updated daily. So when wholesale prices drop, so do your bills – and if you can shift your daily
electricity
use outside of peak times with the use of a battery storage system, you can save even
more.
Plunge Pricing – it pays you to take excess energy off the grid
When a situation occurs where there is more electricity generated than consumed, energy prices fall. Simple economics of supply and demand. Sometimes these prices drop below zero, and suppliers are paid to take energy off the grid.
Agile Octopus has introduced “Plunge Pricing” – a world first that lets you take advantage of these negative price events, and get paid for the electricity you use.
The battery system can be controlled automatically to take advantage of Plunge
Prices
and super cheap prices. With solar panels and a battery storage system your electric unit price is
either zero
or damn cheap.
Over the last 12 months, unit prices dropped below 2p / kWh 31 times.
At 4pm every day, your unit rates are updated
for the next 24 hours, based on the wholesale market rates. The battery storage
system is then programmed by Octopus Energy to make best use of the cheapest electric, if
needed.
Your solar PV and battery gives you free
electric then, if needed, you use electricity from the grid. The programming of the
battery prevents you from buying expensive rate electric.
Solar PV, battery storage and Agile
Octopus energy could reduce your energy bills by over 85% and ALL your electric comes from a
renewable green source. You win and the environment wins.
The battery system keeps you away from these peak prices.