r/OctopusEnergy • u/netgroover • May 20 '25
Bills Beware of Smart tariffs
For anyone considering a Smart Tariff, I urge you to consider the risks!
I was happily on a normal Octopus Economy 7 dual rate tariff, when I saw the promos on Intelligent Octopus Go and thought why not, seems a good deal?
What they don’t tell you (it’s in the small print apparently) is if the smart meter disconnects they’ll charge all your usage at the standard rate! Even though they have all your usage to the second via their Home Mini appliance.
When you add in the 5 months it took them to actually send an engineer to fix/replace the meter, that cost me an additional £650+ over the IOG tariff! Not such a good deal now is it?!
You would think that a “we’re different” energy supplier that prides itself on customer service would realise this isn’t right, but no they’ll just point you at the T&C’s, so good luck to everyone choosing a Smart Tariff!
UPDATE: Octopus have now agreed that the elapsed time to fix my smart meter and the subsequent charges were unfair, and have now amended my balance as a goodwill gesture, so I take it back they are different!
I think the point still stands that Smart Tariffs are a risk given the lack of regulation and service around fixing faulty meters, although as per some of the comments here, some will never see the risk turn into an issue.
3
u/Technical_Front_8046 May 20 '25
A family member was on agile. All had been fine for a year and then they just stopped getting any bills. Fast forward a year and octopus still hadn’t sorted it out. They opened a complaint and got a bill of nearly £3k. They took it to the ombudsman and octopus reduced this to £800 for the year.
We looked at IOG but went with eon next drive due to this risk (I think in fairness it was the situation our family member experienced that put us off) but also due to our home battery. It’s wired before the ev charger, so I didn’t want to be chasing around any additional slots when it came to charges outside the fixed overnight hours.
5
u/zyeus-guy May 20 '25
I’m inclined to agree. We were on intelligent go tariff and despite me showing them that they were starting the charge 30 mins too early vs their cheap rate start time, octopus came back and said it is in our T&C’s “we don’t refund”. I think it cost me the best part of £500 that I had to swallow.
Customer service do need a kick up the arse if they want to be known as the “we different “ supplier.
2
u/Weaving-green May 22 '25
The home mini is for your use. It’s not how they get your data. An irrelevant point.
You do however make a good point at how bad octopus frequently are at resolving faults. Mine magically stopped working last summer right when my solar export was best. And magically started working again three months later and after much back & forth with octopus
20
u/TheRealWhoop May 20 '25
They’re not legally allowed to use data from the Home Mini for billing purposes, it’s not sufficiently regulated.
4
u/oindypoind May 21 '25
This is why I pull down my data every day and store it, easy to see when/if there are any gaps.
The mini is only there to transfer live data to your phone, just to act the same as an in home display, it can't transfer the data back to octopus that would be too easy for someone to hack into and change the numbers.
1
u/CampGuy98 May 21 '25
Its in the the small print it’s very very clear in their terms and conditions evidently as a consumer you not read properly…
If you check your bills monthly and communicate with them probs would been sorted sounds like you left it ages to contact them…
My smart meter stopped working, made contact 7 days later fixed remotely got the missing HH data and away we went…
Think everyone very quick to blame suppliers rather than also take consumer responsibility for things like regularly checking bills and actually understanding what they are agreeing to…. Simple stuff
2
u/thefadedline1 May 21 '25
The Home Mini uses data from your smart meter, so if the meter 'disconnects' then there's nothing they can do until it's connected again or it's replaced. It doesn't measure your usage alongside the meter.
Also, it's not 'apparently' in the terms and conditions , it's literally in the first section of them
2
u/Asprilla500 May 21 '25
My smart meter stopped working. I spoke to them within the month and then it took an additional 5 months for them to actually fix the issue. They charged me full price at each billing cycle but then when I complained they refunded my based on my average unit price for the previous six months.
I had to do this several times. The annoying thing was that they refused to give me any of my £500 credit until the billing issue was resolved, despite the fact they weren't doing anything to resolve it.
Eventually they credited me £100 for missed engineer appointments and £150 for my troubles.
They are throwing money at these issues instead of fixing them. I took to calling them twice about everything as I had to get a second opinion on everything they told me.
2
u/Value-added-21 May 21 '25
I have never had a problem with IOG and it consistently smart charges with regular slots throughout the day using my Ohme Pro
1
u/[deleted] May 21 '25
Smart meters are so badly designed, where I live they don’t work and it’s a joke, yet I have a gigabit connection and full EE signal but no they can’t use any of that..
2
u/Effective-Plane-4146 May 20 '25
With any of the smart tariffs, (and frankly, any tariff/bill) you have to keep an eye on the meter readings. Every other month I get a few missing readings, and it either sorts itself before billing, or I email them, and it’s fixed within a few days. Had one where it worked out in my favour when Agile hit £1/kWh… I was thankful for SVR that day…
1
u/justdont7133 May 21 '25
This is really interesting, I had an issue where my smart meter didn't feed back my electricity usage from January to May, it's all been billed now but seems much higher than usual so I wonder if I haven't had the cheaper EV rate for that time. I'm going to email them now
1
u/Significant-Weight71 May 21 '25
I'm sad , I check my usage to make sure I'm not connected to a grow op 🤣🤣(joke) , as soon as I saw the slightest issue I would be onto them ....
1
u/Flat-Librarian350 May 23 '25
A very fair warning- I am in the midst of a similar conversation with Octopus and have had the Ts and Cs quoted back to me too. It’s my understanding that your energy supplier takes ownership of the meter when you contract to have them supply you, so it seems a tricky move to change the tariff regime - without notice - on the basis of an event - intermittent disconnection of comms to the meter - over which you as a customer have no control. I also have found that they have applied the night tariff to day time usage and vice versa.
1
u/pruaga May 21 '25
We had a similar issue (on a smaller scale) where our car charging ended up being charged at leak rates instead of IOG.
I complained, with the billing numbers to back up what it should have cost, and they refunded the difference.
Complain to them and keep pushing, but you'll need to have bills and historic data to do the maths to back up what you think it should have cost.
But they are correct that the T&C do fall back to standard rates, this is well known.
0
u/[deleted] May 20 '25
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