Octopus Tracker

Spoonie_Turtle

ChaunceyGardiner said:

tlcgrantham said:

Also comparing previous days figures. I haven’t a clue how to convert that into a exact price as there are various add ons Octopus make. It just gives a rough idea of where tomorrow’s price is going.

The exact formula for your region is on the Tracker FAQ page.

I've never been able to quite get the exact figure doing that, but I 'find in page' the closest wholesale figure on the Guy Lipman site and see what price that worked out for my region.

QrizB

tlcgrantham said:

ChaunceyGardiner said:

tlcgrantham said:

Also comparing previous days figures. I haven’t a clue how to convert that into a exact price as there are various add ons Octopus make. It just gives a rough idea of where tomorrow’s price is going.

The exact formula for your region is on the Tracker FAQ page.

I seem to remember from previous posts on this it’s not clear exactly which figure Octopus use as a range of prices from 19.000 to 40.000 is shown and Octopus may not use the average figure.

That's exactly the problem that SJMALBA and I had when trying to predict the rates.

tlcgrantham said:

Using the formula from Tracker ( thanks ChaunceyGardiner) it seems it could be from just under 2p to around 3p depending which price Octopus use.

We'll find out in just over four hours, unless everyone is asleep!

QrizB

Quoting myself from the 4th of October (last three columns are max/min/avg price):

QrizB said:

 For tomorrow (the 5th) here's a screencap:

The actual price used by Octopus on the 5th (taken from my Tracker bill) was 117p/therm.

But then on the 5th, for the 6th:

SJMALBA said:

Looking at today's wholesale DA gas price range of 75-115, that should mean a UR tomorrow, for my energy region, of somewhere between 4.07 - 5.59p/kWh... maybe.

The price Octopus used on the 6th was 119.1p/therm, higher than the upper end of the day-ahead range.

Today, the day-ahead prices for tomorrow at Marex are:

So the therm price should be between 19p and 40p, which would be 0.65-1.37p/kWh wholesale or (in my region) 2.1-2.9p/kWh retail.

We'll just have to wait and see.

SJMALBA

For me, gas @ 1.91p/kWh, which means a wholesale DA of 18p/therm (or thereabouts), so lower than anything on Marex...?!

Still, 1.91p/kWh!!!

fryedslyce

1.94p/kWh gas & 15.31pkWh for elec.

Nothing this good will last for long.

tlcgrantham

1.86p/kwh for me. Lowest since 10/06/2022.

milo_2020

Insanly cheap, calm before the power shedding 😆

Spoonie_Turtle

15.32p for electricity.  Good day for some extra washing that needs doing.

QrizB

2.07p/kWh for me.

Insanely cheap yet somehow I still feel slightly hard done by compared to all the 1.x prices others have shared

MWT

As ever, gas is cheap when nobody needs it...

A couple of tweets from Greg...