Octopus Tracker

SJMALBA

SJMALBA said:

My energy region guesstimate for tomorrow:

Electricity - 31.1p/kWh (hopefully, I'm wrong, and it's lower...)

I'll leave gas to @QrizB.

Actual for today... 30.98p/kWh

Electricity up again today; my guesstimate for tomorrow: 33.5p/kWh

I think we have to wait later in the day to have a go at gas?

morhen

Is there still an upper cap on the amount that can be charged per unit?

bristolleedsfan

morhen said:

Is there still an upper cap on the amount that can be charged per unit?

Current v3 40p kWh E - 11p kWh G

SJMALBA

bristolleedsfan said:

morhen said:

Is there still an upper cap on the amount that can be charged per unit?

Current v3 40p kWh E - 11p kWh G

Same for v2 (I think?).

v1 is still 30p/6p.

tlcgrantham

SJMALBA said:

bristolleedsfan said:

morhen said:

Is there still an upper cap on the amount that can be charged per unit?

Current v3 40p kWh E - 11p kWh G

Same for v2 (I think?).

v1 is till 30p/6p.

Yep I’m v2. If nearer Oct a v4 is introduced no doubt that will be higher.

savers_united

The Gas futures are well up, Russia has been cutting supply's to Germany & Italy amongst as they say they are awaiting return of equipment for  NS1, but the feeling is they are reducing supply to drive up prices.

Tracker could get expensive in the coming days.

BBC News - Gazprom: Russian gas boss says 'our product, our rules' in supply row

https://www.bbc.co.uk/news/business-61830551

Spies

8.2-8.3p tomorrow I think?

QrizB

Spies said:

8.2-8.3p tomorrow I think?

Tomorrow's a tricky one to forecast - Marex lists a high of 265p/therm, a low of 90p and an average of about 185p. With a spread that wide it's hard to guess where in the range Octopus will pick.

If Octopus base their price on:

• the "high", that's 9p/kWh wholesale and a Tracker price around 11.5p/kWh (as 16/03/22)
• the "average", it's 6.3p/kWh and a Tracker price around 8.2-8.4p/kWh (as 13/04/22)
• I'm not going to calculate for the low - but if we get that, we'll all be happy

We'll find out what Octopus says tomorrow!

tlcgrantham

Spies said:

8.2-8.3p tomorrow I think?

8.44pkw/h pretty close both of you🤗🤗

Spies

QrizB said:

Spies said:

8.2-8.3p tomorrow I think?

Tomorrow's a tricky one to forecast - Marex lists a high of 265p/therm, a low of 90p and an average of about 185p. With a spread that wide it's hard to guess where in the range Octopus will pick.

If Octopus base their price on:

• the "high", that's 9p/kWh wholesale and a Tracker price around 11.5p/kWh (as 16/03/22)
• the "average", it's 6.3p/kWh and a Tracker price around 8.2-8.4p/kWh (as 13/04/22)
• I'm not going to calculate for the low - but if we get that, we'll all be happy

We'll find out what Octopus says tomorrow!

They used 193.495 as the therm price in their calcs which is 4.6% over the average therm, would be interesting to see if a trend appears over time.