GivEnergy and Octopus Flux

Octopus Flux is a three rate electricity tariff combining both import and export.

Octopus Flux is a combination tariff, meaning it's made up of an import and export tariff. The symmetrical import/export tariffs have three price periods throughout the day.

Yes, it is a flexible tariff. This means the unit rate and standing charges can rise and fall with wholesale energy prices.

When the rates of our flexible tariff changes, the price of Flux will also change. We'll always give reasonable notice of any changes to your prices, and there's no exit fees or tie-ins; you're free to switch tariffs or change suppliers at any time.

There's no exit fees or tie-ins, so if Octopus Flux doesn't work for you, you're free to switch tariffs or change suppliers with no penalties at any time.

Yes, you need a SMETS-2 compatible meter - without half-hourly readings we can't create bills and payments for Flux.

Yes, you can join Octopus Flux if you have an electric vehicle. You may also want to look at Octopus Go.

Firstly, there is no requirement to switch your FiT generation contract to Octopus.

Moving to Octopus Flux means:

Generation Tariff - your payments for energy generation will remain the same. You will not lose your generation tariff (and it should equate to the majority of your FiT income anyway).

Export Tariff - you will need to permanently opt-out of 'deemed export' payments. Instead, you'll receive the Octopus Flux export rate (which varies depending on your location) for every kWh actually exported, as measured by your smart meter.

If you receive FiT export payments from a supplier other than Octopus, we'll let you know when you need to contact them to cancel them. Once confirmed, we'll switch you to Octopus Flux.

If you leave Octopus Flux and / or Octopus Energy your 'Generation Tariff' will remain the same and your 'export tariff' will be paid at the Smart Export Guarantee (SEG) rate offered by your new tariff / new supplier.

Have more questions? Request a call back from one of our our highly trained advisors today!