When there’s a lot of renewable energy being produced in the UK, and low demand for it, wholesale energy gets really cheap. Agile Octopus offers the first opportunity for customers to really reap the benefits of this.
There are certain times or day (like overnight, on a sunny afternoon, or a windy morning) when there’s plenty of wind or solar power, and no one around to use it. When supply outstrips demand, Agile prices drop. This goes even further with “plunge pricing” – if energy prices drop below 0p / kWh (which does actually happen from time to time), we pay you to use energy. WE pay YOU.
You can charge your car up using energy far cheaper than any standard fixed price on the market, and do so using clean, low-carbon power that might otherwise go to waste.