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Octopus Tracker

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Comments

  • fryedslyce
    fryedslyce Posts: 194 Forumite
    Tenth Anniversary 100 Posts Name Dropper Photogenic
    MWT said:
    fryedslyce said:
    SJMALBA said:
    Electricity up again for tomorrow; for me, it should be 35.14p/kWh, so above EPG but below Tracker v2 UR cap... so, 33.07p/kWh?
    Just checked my Tracker price and it is capped at the EPG rate for my region, so the EPG is definitely the new Tracker cap.
    That depends on which version of Tracker you are on.
    The daily price is capped by the tariff cap for your version and then discounted by the EPG down towards the floor set by the EPG.

     

    I'm on v3, so today's elec was 34.1p, but was reduced down to my regional price of 33.73p
  • Griffindog
    Griffindog Posts: 215 Forumite
    100 Posts Second Anniversary Name Dropper
    fryedslyce said:
    MWT said:
    fryedslyce said:
    SJMALBA said:
    Electricity up again for tomorrow; for me, it should be 35.14p/kWh, so above EPG but below Tracker v2 UR cap... so, 33.07p/kWh?
    Just checked my Tracker price and it is capped at the EPG rate for my region, so the EPG is definitely the new Tracker cap.
    That depends on which version of Tracker you are on.
    The daily price is capped by the tariff cap for your version and then discounted by the EPG down towards the floor set by the EPG.

     

    I'm on v3, so today's elec was 34.1p, but was reduced down to my regional price of 33.73p
    I’m V3 too (Yorkshire), mine was 33.03p.
  • MWT
    MWT Posts: 10,420 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    fryedslyce said:
    MWT said:
    fryedslyce said:
    SJMALBA said:
    Electricity up again for tomorrow; for me, it should be 35.14p/kWh, so above EPG but below Tracker v2 UR cap... so, 33.07p/kWh?
    Just checked my Tracker price and it is capped at the EPG rate for my region, so the EPG is definitely the new Tracker cap.
    That depends on which version of Tracker you are on.
    The daily price is capped by the tariff cap for your version and then discounted by the EPG down towards the floor set by the EPG.

     

    I'm on v3, so today's elec was 34.1p, but was reduced down to my regional price of 33.73p
    V3 and earlier are easy, yes, for those the EPG cap becomes your new tariff cap.

    The two versions after that are not quite as lucky.

  • Spoonie_Turtle
    Spoonie_Turtle Posts: 10,609 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    MWT said:
    fryedslyce said:
    MWT said:
    fryedslyce said:
    SJMALBA said:
    Electricity up again for tomorrow; for me, it should be 35.14p/kWh, so above EPG but below Tracker v2 UR cap... so, 33.07p/kWh?
    Just checked my Tracker price and it is capped at the EPG rate for my region, so the EPG is definitely the new Tracker cap.
    That depends on which version of Tracker you are on.
    The daily price is capped by the tariff cap for your version and then discounted by the EPG down towards the floor set by the EPG.

     

    I'm on v3, so today's elec was 34.1p, but was reduced down to my regional price of 33.73p
    V3 and earlier are easy, yes, for those the EPG cap becomes your new tariff cap.

    The two versions after that are not quite as lucky.

    Cap on July's Tracker is 55p, so with the max discount (assuming it's still 17p despite regional unit rate variations) essentially our cap is now 38p.  Our EPG is over 35p, which would make the functional cap just under 3p extra; not too horrendous but obviously I hope we don't have weeks and weeks of it over winter, of course, especially with electric heating.  That would call for starting to reevaluate whether the dips below still make it worth staying.
  • QrizB
    QrizB Posts: 19,873 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    Gas has been (relatively) cheap today, around 7p/kWh.
    And electricity looks to be (relatively) cheap tomorrow, around 22p/kWh. It's staying windy through the weekend so hopefully it will stay that way!
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • ChaunceyGardiner
    ChaunceyGardiner Posts: 312 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    And electricity looks to be (relatively) cheap tomorrow, around 22p/kWh.
    Which site do you use to get the wholesale electricity price for the Tracker formula?
  • SJMALBA
    SJMALBA Posts: 1,127 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    ChaunceyGardiner said:
    And electricity looks to be (relatively) cheap tomorrow, around 22p/kWh.
    Which site do you use to get the wholesale electricity price for the Tracker formula?



  • ChaunceyGardiner
    ChaunceyGardiner Posts: 312 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    edited 4 October 2022 at 7:02PM
    SJMALBA said:

    https://www.nordpoolgroup.com/en/Market-data1/GB/Auction-prices/UK/Daily/?view=table
    Ah, I misunderstood you last time, I thought that was just for gas. So it's the same figure for both? I get 21p for electricity, but 5.4p for gas, which seems too low.
  • SJMALBA
    SJMALBA Posts: 1,127 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    ChaunceyGardiner said:
    SJMALBA said:

    https://www.nordpoolgroup.com/en/Market-data1/GB/Auction-prices/UK/Daily/?view=table
    Ah, I misunderstood you last time, I thought that was just for gas. So it's the same figure for both? I get 21p for electricity, but 5.4p for gas, which seems too low.
    This is just for electricity, not gas.

  • ChaunceyGardiner
    ChaunceyGardiner Posts: 312 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    This is just for electricity, not gas.
    D'oh! I *meant* to say electricity. I was hoping there was a similar source to work out tomorrow's gas price.
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