What types of tariffs are there?
How does Indra handle tariffs?
What types of tariffs are there? ⚡💡
Within the UK there are four major types of tariffs available to customers. These are:
Fixed 🔒
- The price per kWh stays the same throughout the day (though it can change over time).
- Standard variable tariffs fall into this category.
- This is the most common tariff for home energy users, but not ideal for EV charging because you can’t optimize for cheaper times.
Time of use ⏰
- Prices vary depending on the time of the day.
- This tariff is very popular with EV users because they offer cheap overnight windows for charging.
- Most have 2 rates per day, but some have 3 or 4.
- Great for scheduling EV charging when energy is cheaper and greener.
Examples of Time of Use Tariffs include Octopus Go, EDF GoElectric and OVO Economy 7
Agile 🔄
- Prices change every 30 minutes, linked to wholesale energy costs.
- Highly dynamic and influenced by weather conditions.
- Prices are published the evening before, so only certain smart chargers can optimize for this tariff.
Examples of Agile tariffs include Octopus Agile
Smart Charging Tariffs 🔌
- The price depends on how you use the energy, not just when.
- The tariff requires platform integration between your EV or EV Charger and the energy company.
- The energy company controls when your car charges in exchange for very low rates.
Examples of Smart Charging Tariffs include Octopus Intelligent Go, OVO Charge Anytime Bolt-On, EDF Smart Charging Bolt On, EON Next Drive Smart, Scottish Power EV
Indra chargers are compatible with the below Smart Tariffs - click on the links to read more about out integration for each one.
How Does Indra Handle Tariffs? ⚡📱
Tariff information in the Indra platform and app is used for two main purposes:
1. Optimizing When to Charge ⏰
We use your tariff details to schedule charging at the cheapest times, helping you save money.
2. Calculating Charging Costs 💰
Your tariff is also used to provide accurate cost reports in the Indra App, so you can track your spending easily.
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