Octopus Energy introduces UK’s first vehicle-to-grid tariff | Image:Unsplash
Auto Initiative: Global energy firm Octopus Energy has finally introduced the UK’s first mass market vehicle-to-grid (V2G) tariff, Octopus Power Pack, offering free charging for drivers, aiding in speeding up the country’s shift towards green transport.
An average electric car driver will be able to save more than £850 a year in charging costs on Octopus Power Pack compared to charging on a standard variable tariff, the company informed in an official statement.
Octopus Power Pack
The tariff, which is still in beta, uses V2G technology and Octopus Energy’s tech platform, Kraken, to balance charging and discharging when it’s best for the grid, charging up the car with cheap, green electricity during off peak times and exporting back to the grid when its required the most.
All drivers need to do is plug in their car for roughly six hours a day. The rest of the process is automated, leaving drivers with guaranteed free charging.
Octopus Power Pack is available to drivers with V2G compatible electric…