Octopus Tracker

QrizB

There are a few of us who have moved to Tracker since the SVTs increased in April. If Ofgem are to be believed October's SVT will be close to the Tracker v3 capped rates.

I've got my gas on Tracker and it's working out quite a bit cheaper than the SVT so far. That could quickly change!

tlcgrantham

No fix currently being offered is significantly below the cap of 11pkw/h. Assuming  Octopus stick to form and don't increase the cap to existing customers it's in effect a 12 month fix with good chance of being cheaper than any fix or variable tariff on offer.

MWT

tlcgrantham said:

No fix currently being offered is significantly below the cap of 11pkw/h. Assuming  Octopus stick to form and don't increase the cap to existing customers it's in effect a 12 month fix with good chance of being cheaper than any fix or variable tariff on offer.

Right now that is true for anyone not already on a better fix.

Better fixes were around earlier this year though so not a clearly better choice for anyone on one of those.

savers_united

tlcgrantham said:

No fix currently being offered is significantly below the cap of 11pkw/h. Assuming  Octopus stick to form and don't increase the cap to existing customers it's in effect a 12 month fix with good chance of being cheaper than any fix or variable tariff on offer.

I was under the impression they have raised the cap on tracker v2 and its only v1 that remains untouched. Only thing that stays the same is the SC. 

tlcgrantham

savers_united said:

tlcgrantham said:

No fix currently being offered is significantly below the cap of 11pkw/h. Assuming  Octopus stick to form and don't increase the cap to existing customers it's in effect a 12 month fix with good chance of being cheaper than any fix or variable tariff on offer.

I was under the impression they have raised the cap on tracker v2 and its only v1 that remains untouched. Only thing that stays the same is the SC. 

I'm on Gas Tracker V2. The cap of 11pkw/h was already in place when I moved to it. Those already on V1, as far as I know, haven't been moved to V2 or V3 or had their cap increased to 11pkw/h. From other posts this seems to be normal practice for Octopus i.e. not increasing prices or caps until the fixed term of the tariff has ended and if you're lucky not even then.

MWT

So far they have not changed the cap or the SC on a version of the Tracker, they have created a new version to change either of those.

So far at least I've not seen anyone report being changed to a new version at the end of the 12 month contract period either...

QrizB

I don;'t know if anyone is interested but my average gas price on Tracker for the period 30th Apr to 30th May was 5.44p/kWh, including VAT.

This time last year that would've sounded outrageously high (see the first page of this thread for examples) but by the standards of 2022 I'm quite happy with it!

Edit: in fact Tracker was a bit cheaper than that, as the first few days of the period I was still on Flexible.

davieba

tlcgrantham said:

savers_united said:

tlcgrantham said:

No fix currently being offered is significantly below the cap of 11pkw/h. Assuming  Octopus stick to form and don't increase the cap to existing customers it's in effect a 12 month fix with good chance of being cheaper than any fix or variable tariff on offer.

I was under the impression they have raised the cap on tracker v2 and its only v1 that remains untouched. Only thing that stays the same is the SC. 

I'm on Gas Tracker V2. The cap of 11pkw/h was already in place when I moved to it. Those already on V1, as far as I know, haven't been moved to V2 or V3 or had their cap increased to 11pkw/h. From other posts this seems to be normal practice for Octopus i.e. not increasing prices or caps until the fixed term of the tariff has ended and if you're lucky not even then.

I signed up for v2 on March right before the v3 came in, the 11p pkw/h is the v3 cap

QrizB

davieba said:

tlcgrantham said:

I'm on Gas Tracker V2. The cap of 11pkw/h was already in place when I moved to it. Those already on V1, as far as I know, haven't been moved to V2 or V3 or had their cap increased to 11pkw/h. From other posts this seems to be normal practice for Octopus i.e. not increasing prices or caps until the fixed term of the tariff has ended and if you're lucky not even then.

I signed up for v2 on March right before the v3 came in, the 11p pkw/h is the v3 cap

Don't V2 and V3 have the same caps, but V2 still has the V1 standing charge? Or have I got that backwards?

bristolleedsfan

davieba said:

tlcgrantham said:

savers_united said:

tlcgrantham said:

No fix currently being offered is significantly below the cap of 11pkw/h. Assuming  Octopus stick to form and don't increase the cap to existing customers it's in effect a 12 month fix with good chance of being cheaper than any fix or variable tariff on offer.

I was under the impression they have raised the cap on tracker v2 and its only v1 that remains untouched. Only thing that stays the same is the SC. 

I'm on Gas Tracker V2. The cap of 11pkw/h was already in place when I moved to it. Those already on V1, as far as I know, haven't been moved to V2 or V3 or had their cap increased to 11pkw/h. From other posts this seems to be normal practice for Octopus i.e. not increasing prices or caps until the fixed term of the tariff has ended and if you're lucky not even then.

11p pkw/h is the v3 cap

11p kWh is the v2 and v3 cap
Difference between v2 and v3 is cheaper standing charge v2