Most tariffs have a simple structure: cheap at night, expensive at peak. You might have a four-hour window where electricity costs half the usual price.
So you’d schedule your dishwasher, EV charger, or even your bread maker to run during that window. It’s like having a secret coupon code for your appliances.
Martin Lewis issues '£200 worse off' warning to energy customers on two
Rhetorical question: who wouldn't want to save 20% on their bills just by setting a timer? It’s almost too easy.
The "Octopus Agile" Example
There’s a famous tariff called Octopus Agile that Martin Lewis often highlights. It changes prices every 30 minutes based on wholesale costs.
One day, power might be free for an hour if the wind is blowing hard. The next day, it might spike during a cold snap.
It’s like playing the stock market, but with your kettle. For nerdy planners, it’s genuinely addictive.