OctopusPeaker plan
We've brought back the 40 cent per kWh Peak export rate for Winter - and for twice as long as last year.
The 40 cent Peak rate starts on 1 April 2025 and runs until 30 September 2025.
Instead of getting paid the same buy back rate for exported electricity all day, this plan rewards customers for exporting electricity at peak times when demand is at its highest. Put your battery to work for the benefit of your wallet and help balance the grid.
This plan suits households with a battery (including a Vehicle to Grid capable EV) who can export into the peak and shift their electricity usage to off-peak times of day. By shifting your usage out of the peak and maximising your exports during this time you can get the most value out of this plan.
Why choose OctopusPeaker?
Competitive Solar Buy-back
Maximise the value of your solar investment with our leading buy-back rates of 40c p/kWh for Peak export, 10c p/kWh for Off-peak export & 5c p/kWh for Night export.
Smart Energy Tools
Use our dynamic web and mobile app to monitor your energy usage, manage bills, and form insights that help you save.
No Lock-In Contracts
Life is full of changes, so why tie yourself down? With OctopusPeaker, you can leave anytime without penalty.
Expert Energy Specialists
Our friendly team of energy specialists are here to help with personalised advice and fast, reliable support when you need it.
To get started
Get Rates for your property: Simply enter your address and choose a plan.
Sign Up in Minutes: Signing up to OctopusPeaker is quick and hassle-free.
Access the Octopus App: Once you’re signed up, you’ll have access to our innovative mobile app and dashboard to track your energy usage and explore ways to save.
Enjoy Flexible Freedom: Stay with us as long as you like, or change plans with us once per year if your needs change.
FAQs
Electricity exported to the grid is more valuable at peak times due to the high demand during this period. With the OctopusPeaker plan we are rewarding customers with a leading buyback rate during the peak if they are able to export any excess electricity.
We provide you a breakdown of your peak, off-peak and night export on your bill, as well as import usage during the same time periods. This breakdown will give an idea of your usage and export throughout the day for you to decide whether you could get value from this plan. You would likely still need to shift usage to off-peak to benefit the most out of this plan.
Peak export: 7am - 11am and 5pm - 9pm, weekdays
Off-Peak export: 11am - 5pm and 9pm - 11pm, weekdays; 7am - 11pm weekends.
Night export: 11pm - 7am, every day
Anyone is free to join this plan, however it is unlikely you would be able to make the most of the higher peak export rate unless you have a battery to store excess electricity. Even on this plan, you are still more likely to benefit by prioritising self-consumption of solar then exporting any excess.
Our peak times correspond to the peak times we see nationally on our electricity grid. Demand is typically higher during weekday mornings and evenings, rather than the weekends and our times reflect this. We do not charge a peak rate for import over the weekends either, it is off-peak and night rates only.
Yes, however the government is phasing out the low user plans.
Yes, you can still be on this plan. Whether the plan is right for you is determined by how much you can shift your usage out of the peak and maximise your export during this time. It won’t affect our control of your EV through Intelligent Octopus.
Yes, you can still be on this plan. Whether the plan is right for you is determined by how much you can shift your usage out of the peak and maximise your export during this time. It won’t affect our control of your hot water.
The larger your system, the more you could benefit from this plan. Like any solar, self-consumption is a priority, followed by exporting any excess.
Yes, you can switch plans once over a 12 month period if the plan isn't working for you.
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