One of many largest challenges the UK faces on the street to a greener grid is house heating.
At the moment, home heating accounts for round 14% of our complete carbon emissions. Till house heating is galvanized it received’t have the ability to reap the advantages of cleaner, greener vitality.
In fact, some early movers have already made the shift to greener applied sciences: houses with warmth pumps, or these with battery storage and photo voltaic.
That’s why we created Cosy Octopus so warmth pump customers who’re versatile with their utilization can save an additional £85, on high of the clear, inexperienced warmth pump effectivity financial savings.
Cosy Octopus is a tariff with double dip Cosy Hours daily: six hours of tremendous low-cost electrical to heat your house.
How does it work?
- A day charge, set at the usual Octopus Versatile charge in your area.
- Two cosy intervals of tremendous low-cost charges between 0400 – 0700 and 1300 – 1600 daily, 40% cheaper than the Octopus Versatile charge in your area.
- A peak charge between 1600 – 1900, 60% above the Octopus versatile charge in your area.
Integrating warmth pumps with good tariffs makes them cheaper to run
Octopus doesn’t imagine that “inexperienced” ought to simply be one other approach of claiming “costly”. That’s why we’re on a mission to empower our prospects to make inexperienced selections that additionally save them money.
We’ve been pioneers on the earth of good time-of-use tariffs. Pairing distinctive in-house tech with revolutionary choices, we’ve created a world first half-hourly time of use tariff, helped EV drivers pay pennies for his or her mileage, and enabled prospects to profit from tariffs which get cheaper the extra the wind is blowing.
Agile Octopus was our first foray into the world of cutting-edge pricing. The tariff helps cut back pressure on the UK grid by incentivizing prospects to maneuver their vitality use out of peak demand instances every day.
Crucially, it rewards prospects to make use of energy when there’s loads of renewable vitality being produced which may in any other case go to waste.
Air supply warmth pump customers particularly have been in a position to benefit from this tariff to warmth their house and scorching water on the most cost-effective, greenest instances, unlocking vital financial savings.
Why does flexibility matter?
The grid should at all times be balanced. Provide – vitality put into the grid by turbines – and demand – the vitality being utilized by everybody linked – should at all times match as much as keep away from energy cuts or injury to the grid.
Flexibility, the power to superb tune provide and demand, means the grid can adapt rapidly to sudden or sudden adjustments.
For too lengthy, this flexibility offered just by turning soiled fossil gasoline technology on and off when it’s required. Whereas these strategies are fast to reply when wanted, they arrive at an enormous environmental price.
So why not simply exchange the entire present fossil gasoline infrastructure with renewable vitality straight away? We are able to’t make the solar shine or the wind blow at any time when we would like. To easy out the peaks and troughs of provide and demand, we will as an alternative look in direction of particular person flexibility. This implies discovering methods to retailer inexperienced vitality in batteries and different gadgets, and launch it out into the grid when it’s wanted.
