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EV Tariffs | 8 September 2024

EV Charging with Agile Octopus just got easier thanks to Powerverse

We’re not going to lie: The VCHRGD Seven Pro EV charger and smart app from Powerverse are a pretty impressive pairing. This is particularly true when it comes to fitting in with electric vehicle (EV) owners’ goals and lifestyles. But if you think Powerverse can’t make your life even easier – or greener – think again. EV drivers now have greater flexibility and options when it comes to cost, convenience and reducing their carbon footprint. And it’s all thanks to Powerverse’s recent integration with the Agile Octopus electricity tariff.

What is Agile Octopus?

Agile Octopus is a new and innovative tariff from the British sustainable energy group, Octopus. A time-of-use tariff, it charges variable rates throughout the day and night, which are tied to wholesale energy market prices.

Unlike traditional fixed-rate tariffs, the Octopus offering is a fluctuating tariff that changes every half hour to reflect the real-time change in the wholesale cost of electricity.

This means that when wholesale prices are low, usually during low demand or high renewable energy generation, the Agile Octopus rate drops–along with your bills. However, when wholesale prices rise during periods of high demand or limited supply, the rate increases.

Why Powerverse?

Not all EV chargers integrate with this tariff. However, as a smart energy company committed to a sustainable, electric future, Powerverse made it a priority to integrate Agile Octopus with its high-performing VCHGRD charger.

For starters, our smart charging solutions can fully support Agile Octopus’ dynamic pricing, which (as you’ll see in the benefits below) enhances both cost-effectiveness and sustainability.

Moreover, as the Agile Octopus tariff is designed to integrate with a wider smart home ecosystem, it fits perfectly with Powerverse’s roadmap to develop connected energy usage across household devices.

Key benefits of the Agile Octopus and Powerverse integration

The benefits to Agile Octopus customers using Powerverse are many. For starters, users of our smart app will have access to half-hourly updates on energy prices no matter where they are. This means they can stay on top of and in more control of their energy consumption and costs.

But the benefits don’t stop there. When it comes to cost, convenience and staying green and clean, Powerverse can help Agile Octopus users reap big rewards. Here’s how:

Cost Savings

Having an EV is great. Having to charge it at expensive public chargepoints or during high-demand periods? Not so much.

By investing in a home charger such as the VCHGRD and utilising Agile Octopus through our smart app, your charging timetable will automatically adjust to tap into the lower electricity rates the tariff offers, even as they change. As this is a dynamic tariff the electricity rates are set every 24 hours but can shift by the hour.

Powerverse’s unique “Smart Top Up” feature also allows EV owners to automatically start or resume charging when the electricity price drops below a specified threshold, maximising savings with Agile Octopus’s cheaper rates.

Convenience

Love Raya Automatic Scheduling? We hear you. And this tariff slips snuggly into that feature. Once you select the tariff on the Powerverse app, you only need to plug in your EV and “set and forget”. We do the rest.

What’s more, Agile Octopus customers with solar panels can seamlessly integrate them with our solar-ready charger.

Clean, Green Energy

Whether you have solar or not, you can still use this tariff to boost your green goals.

Using the Powergreen option on the Powerverse app, you can shift your energy usage to periods of low-cost and also high-renewable generation. Not only does this help to balance the grid, but it also helps minimise users’ carbon footprint and supports the growth of renewable energy sources.

Additionally, if your EV is plugged into the VCHGRD charger during periods when excess renewable energy is on the grid, then our app will automatically take advantage of this. The icing on the cake? It’ll use Agile Octopus’s “plunge pricing” to ensure you get paid to power up!

Which of Powerverse’s customers will benefit most?

Most Powerverse customers enjoy the flexibility and freedom that Raya and our smart app afford them. Now they can take this up a notch with our integration with Agile Octopus. Our app’s smart features automatically adjust charging based on real-time electricity prices.

So, those days of worrying about how to fit your life around EV charging? Yep, you can say goodbye to them.

Additionally, multi-EV households constantly plugging in to power up will also claim big benefits. Now they’ll be able to spread out and stagger their charging to align with periods of cheaper electricity. And the good part? Powerverse will take care of it all.

Final words

The Agile Octopus tariff is one of many tariffs compatible with the VCHRGD Seven charger from Powerverse. Whichever tariff you opt for, remember that with our intelligent app powered by Raya, your smart energy assistant, you’ll always be offered the best tariffs that align with your lifestyle and goals. You can also monitor and manage electricity usage and costs.

Find out more about our solar-ready VCHRGD Seven charger. Rigorously tested, it’s compatible with all other sustainable tech and has been approved by the Office for Zero Emissions Vehicles.

Additionally, if you’re considering installing solar panels, we’d be more than happy to recommend several trusted partners who can provide and install them for you. 

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Gaurav

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