Octopus Energy’s Flux tariff offers several benefits to homeowners who have solar PV and battery storage systems installed in their homes. The tariff is designed to be responsive to the wholesale cost of energy, which means that it can help homeowners maximize their energy savings by allowing them to take advantage of lower energy prices during off-peak periods.
For homeowners who have solar PV and battery storage systems installed, the Flux tariff can be especially beneficial. During times of peak solar generation, excess energy can be stored in the battery and used during times of high energy demand, such as in the evening when people return home from work. By using stored energy during these peak periods, homeowners can avoid buying energy from the grid at higher prices and can benefit from lower prices during off-peak periods.
In addition, the Flux tariff encourages homeowners to be more aware of their energy usage and to shift their energy usage away from peak periods. This can help reduce the strain on the national grid and contribute to a more sustainable energy system. By utilizing stored energy during peak periods, homeowners can reduce their reliance on energy from the grid, which can help them save money and reduce their carbon footprint.
Overall, the Octopus Energy Flux tariff offers a flexible and responsive energy tariff that can be especially beneficial for homeowners who have solar PV and battery storage systems installed. By taking advantage of lower energy prices during off-peak periods and utilizing stored energy during peak periods, homeowners can save money on their energy bills and contribute to a more sustainable energy system. It’s important for homeowners to carefully consider their energy usage and to consult with a professional before switching to the Flux tariff to ensure that it’s the right option for their needs.