Octopus Energy reviews: Give your feedback

wild666

Umiamz said:

wild666 said:

Umiamz said:

"add around £190"

Why? Just add the standing charges for gas and electricity together then multiply by 365.

The £190 is the standing charges at 26p per utility per day

That’s approximately true for the gas standing charge but electricity is less than 24p per day.

Depends on what region of the country you are in some are lower, like yours at 24p and some are higher, like mine at 26p per day.

Telegraph_Sam

I haven't checked it out (yet) but I suspect that differences of ~ 1 p / day SC count for relatively little compared with differences in p / kWh.  No doubt someone can enlighten me (using average consumption figures). I was led to believe that us in the North East come relatively high in the pecking order overall.

MWT

These are the cap totals for a 'typical' user with gas & electricity (3100kWh/12,000kWh) sorted in ascending order of cap value...

East Midlands	1228.98
Northern	1231.38
Yorkshire	1231.97
North West	1232.32
Southern Scotland	1237.63
Midlands	1248.5
Eastern	1254.02
Northern Scotland	1259.51
Southern	1261.58
London	1263.66
South East	1274.04
South Wales	1279.63
N Wales and Mersey	1286.55
Southern Western	1297.61
GB average	1256.241
GB average, inc VAT (at 5%)	1319.054

Telegraph_Sam

One rarely gets such a specific reply to one's questions.  Long may we maintain our position in the pecking order. It looks like we are c. £25 below the national average. However whether for the residents of (within) one particular region it is worth focusing on SC's is the point I was raising.

worrywart_3

When is the cap on tracker due to be reviewed will if he April? 

Spies

Just had a fairly lengthy email from greg@octopus, it sounds like they're really working for their customers, I can't imagine edf or eon sending an email like the one received this evening. 

[Deleted User]

worrywart_3 said:

When is the cap on tracker due to be reviewed will if he April? 

Any cap on Tracker and Agile tariffs is solely a matter for Octopus.

Telegraph_Sam

If that means that Tracker and Agile (and Go) are uncapped, what is the distinguishing feature compared with the capped tariffs?

QrizB

Telegraph_Sam said:

If that means that Tracker and Agile (and Go) are uncapped, what is the distinguishing feature compared with the capped tariffs?

Tracker, Agile and Go (etc.) are tariffs you choose, they aren't "deemed" tariffs that you are given if you make no other choice. Only deemed tariffs are capped by Ofgem.

QrizB

You might have seen "the table wot I wrote" ( (c) Morcambe & Wise) with the new Ofgem capped tariffs, by region:

Once these changes filter through, most people on Go and Go Faster will find it cheaper to heat water electrically during the off-peak period rather than by burning gas on an at-the-cap variable tariff.

It remains to be seen how and when Octopus implement these for Flexible Octopus, and what happens to the caps on Agile & Tracker (the Tracker gas cap of 6p/kWh is particularly vulnerable).