Today's Gas is 4.95 kWh, which is obviously less than half the energy cap price.
Still a waiting list, but the electricity only Agile tariff is still available which offers very low off peak rates (got for EV owners).
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Is Agile Octopus cheaper than the Energy Price Guarantee?
As it's a very complex tariff, it's difficult to give a definitive answer on whether it can save you money and how much. It all depends on the rates you get, how wholesale energy prices are changing, how much you use and when you use it.
To try to answer this, we looked at the unit rates from the Agile tariff and compared them with the
Energy Price Guarantee (EPG) rate for the Midlands region over the week of 13 to 19 February...
Under EPG you'd pay:
- All day: 33.83p a kilowatt hour (p/kWh)
- Standing charge: 49.15p a day
Under Agile Octopus you'd pay:
- Peak times (around 6am to 10am and 4pm to 8pm): 33.73p/kWh
- Off-peak times: From 10.74p/kWh to about 30p/kWh
- Average: 28.11p/kWh
- Standing charge: 45.07p a day
As you can see, the peak Agile unit rate never went higher than the unit rate under the EPG during the week we carried out our assessment – and its standing charge is lower than the EPG's standing charge.
And if Agile's rates were to rise above what you'd pay on the EPG rate for your region, you'll benefit from the discount on the unit price under the EPG. Though, as this is a fixed discount, you could still pay more than the EPG if Agile's rate is particularly high to start with. "
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