Octopus Shape Shifters Business Tariff
The Shape Shifters tariff by Octopus Energy is a smart tariff aimed solely at small businesses.
It is a time-of-use tariff with cheaper off peak period that reward you avoiding peak periods.
By avoiding the 4pm to 7pm peak you’re getting 21hrs of cheaper electricity.
Shape Shifters is split into 3 periods throughout the day
- Night Rate – midnight to 7am is the cheapest rate
- Day Rate – 7am to 4pm and 7pm to midnight is cheaper than standard rate
- Peak Rate – 4pm to 7pm is higher than standard rate, so try and avoid
Bottom line – if you can avoid the 4pm to 7pm peak you’ll be paying reduced prices.
The graphic from Octopus shows how the rates change throughout the day.
Obviously, to take advantage of this time-of-use tariff you will need a smart meter at your business.
You can find way more info and apply to join the tariff on the dedicated page on the Octopus website here:
https://octopus.energy/introducing-shape-shifters/
They also have a page here with great hints and tips how to use less energy at your business and at home.
Referral information and free credit offer
If you find the content of this website useful and are thinking of joining Octopus Energy, please consider using my referral code or ‘buy me a coffee’ to help support running costs of the website.
Using this referral code will gift you £50 of free Octopus Energy credit after signup: https://share.octopus.energy/linen-pearl-869
If you would like to ‘buy me a coffee’ to show support, please use this link: http://buymeacoffee.com/SVHgIbUYM
If you’re considering owning part of a wind farm through Ripple Energy, get £25 of free credit (if investing more than £1000) using my Ripple referral link.
Energy Stats can also be found on Twitter. Please follow us @energystatsuk for daily Agile tariff pricing graphs and summaries.
And we have also started posting the same graphs over on Mastodon. You can find us here: https://mastodonapp.uk/@energystatsuk
Note: The current and past performance of energy pricing is not necessarily a guide to the future.
