What is a time of use tariff.
Green energy time of use tariff.
Fair prices forever and greener energy from the uk s largest investor in solar generation.
The historical list of all our tariffs searchable by postcode.
At the moment there is only one green energy uk s tide tariff green energy uk is somewhat of a pioneer these days with 100 of their energy generated from renewable sources and their tariff leading the way in terms of encouraging demand balancing.
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A time of use tariff only applies to the usage charge portion of your energy bill.
Save hundreds of pounds a year with octopus energy compared to the average big 6 energy tariff.
A time of day tariff allows energy companies to charge different amounts for electricity depending on the time of day and therefore can encourage better energy demand management.
The tou flexible tariff offers people cheaper electricity prices when demand and energy prices are at their lowest.
Time of use tariffs are a recent development by some energy suppliers to encourage customers to use energy at off peak times.
However there are still benefits to choosing a green tariff as the supplier will match some or all of the electricity you use with the amount they buy from renewable energy generators.
1 kwh will power a desktop computer for around 4 hours or cook in an electric oven for around an hour.
Green energy offers its customers free shares in the company and earlier this year it was the first energy supplier in the uk to offer 100 renewable green gas.
A kwh stands for kilowatt hour.
How many time of use tariffs are available.
The partnership supports octopus energy s octopus go time of use tariff which is designed specifically for ev owners by offering four hours of green electricity to charge up cars at 5p kwh.
Balancing demand across the day supports a more flexible and sustainable electricity system.
What is the tariff comparison rate tcr.
This is the unit used to measure your energy use.
A household s smart meter monitors prices and this data can be used to move some types of energy use to cheaper periods helping to avoid high.
Time of use tariffs or tous encourage customers to use energy at off peak times.