Using this post we can keep a bit of a list of the innovative energy tariffs currently on the market or coming soon. This list is not an endorsement of these tariffs or the energy suppliers offering them.
There is a lot of innovation in energy metering going on behind the scenes of energy suppliers as well, with half-hourly settlement increasing across the board. This list will focus on including tariffs which offer something innovative to the consumer.
More and more new and innovative tariffs are beginning to be offered by energy suppliers. Some of these tariffs allow savvy smart appliance users to take advantage of low energy prices at specific
Of course that a tariff is innovative does not necessarily mean that the company behind it is a paragon of virtue, and we encourage you to check out Ethical Consumer magazine’s great work ranking suppliers based on a wide range of factors.
- Octopus Go - designed for electric vehicle owners this time-of-use tariff offers cheaper electricity rates at 5p/kWh between 00:30 and 04:30.
- Octopus Go Faster - similar to Octopus Go, but with a 3.5 or 5 hour cheaper slot for 4.5p, 5p, or 5.5p/kWh respectively with hourly starting times from 8:30 to 1:30. You can change to this tariff from Octopus Go.
- Octopus Agile - a dynamic tariff which changes daily, has occaisionally offered negative pricing. This is particuarly interesting for people with multiple smart home appliances.
- Bulb Smart Tariff (currently closed beta) - this tariff is a fairly typical TOU tariff with multiple ‘peak’ and ‘off-peak’ times throughout the day.
- EON Next Drive - targetted for electric vehicle owners, car charging is automated through their app and offers 4p/kWh between midnight and 4am.
- Outgoing Octopus - a new export tariff taking over from the Feed-in-Tariff (FIT) offering dynamic pricing for solar panel energy export.