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Octopus Tracker
Comments
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bristolleedsfan said:vivalaeric said:MultiFuelBurner said:tlcgrantham said:vivalaeric said:Hi there,
H
I'm on tracker for electricity and its has been good so far, better than flexible and fixed.
I have smart meters for both electric and gas, but my gas meter doesn't connect (gas meter ground floor and electric meter 1st floor, try tried to fix it by installing) and I've been doing manual readings since last year.
I want to go on tracker for gas too but is it worth to be on tracker and do manual readings, let's say once a week, or should I stay on flexible (6.99p at the moment)?
Thanks
Taken from product guide " We currently require anyone switching to Tracker to have a working smart meter. Unlike with other other smart tariffs, if your smart meter stops sending readings, you won't be forced to switch to another tariff, as we are able to bill based on monthly meter readings"0 -
Right now you have nothing to lose joining Tracker if they'll let you. If prices go higher than the SVT and you don't fancy gambling that they'll drop quickly enough for your liking you can always go onto the SVT (Flexible).
But if you did that, you wouldn't be able to go back onto Tracker for 9 months, which makes it a slightly more complicated decision than just hopping on and off whenever.1 -
bristolleedsfan said:vivalaeric said:MultiFuelBurner said:tlcgrantham said:vivalaeric said:Hi there,
H
I'm on tracker for electricity and its has been good so far, better than flexible and fixed.
I have smart meters for both electric and gas, but my gas meter doesn't connect (gas meter ground floor and electric meter 1st floor, try tried to fix it by installing) and I've been doing manual readings since last year.
I want to go on tracker for gas too but is it worth to be on tracker and do manual readings, let's say once a week, or should I stay on flexible (6.99p at the moment)?
Thanks
Taken from product guide " We currently require anyone switching to Tracker to have a working smart meter. Unlike with other other smart tariffs, if your smart meter stops sending readings, you won't be forced to switch to another tariff, as we are able to bill based on monthly meter readings"1 -
Spoonie_Turtle said:Seeing the results of the fortnightly smart meter health check should allay any fears about them not using actual smart meter data. Boy I wish I'd asked Dolor how he accessed that info, while he was still aroundI was wondering where he'd gone. Was hoping he was on holiday
Agreed, he's a loss. I hope @[Deleted User] is able to read this, at least, and know we're thinking of him.
N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill 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.Not exactly back from my break, but dipping in and out of the forum.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!4 -
MultiFuelBurner said:bristolleedsfan said:vivalaeric said:MultiFuelBurner said:tlcgrantham said:vivalaeric said:Hi there,
H
I'm on tracker for electricity and its has been good so far, better than flexible and fixed.
I have smart meters for both electric and gas, but my gas meter doesn't connect (gas meter ground floor and electric meter 1st floor, try tried to fix it by installing) and I've been doing manual readings since last year.
I want to go on tracker for gas too but is it worth to be on tracker and do manual readings, let's say once a week, or should I stay on flexible (6.99p at the moment)?
Thanks
Taken from product guide " We currently require anyone switching to Tracker to have a working smart meter. Unlike with other other smart tariffs, if your smart meter stops sending readings, you won't be forced to switch to another tariff, as we are able to bill based on monthly meter readings"1 -
tlcgrantham said:MultiFuelBurner said:bristolleedsfan said:vivalaeric said:MultiFuelBurner said:tlcgrantham said:vivalaeric said:Hi there,
H
I'm on tracker for electricity and its has been good so far, better than flexible and fixed.
I have smart meters for both electric and gas, but my gas meter doesn't connect (gas meter ground floor and electric meter 1st floor, try tried to fix it by installing) and I've been doing manual readings since last year.
I want to go on tracker for gas too but is it worth to be on tracker and do manual readings, let's say once a week, or should I stay on flexible (6.99p at the moment)?
Thanks
Taken from product guide " We currently require anyone switching to Tracker to have a working smart meter. Unlike with other other smart tariffs, if your smart meter stops sending readings, you won't be forced to switch to another tariff, as we are able to bill based on monthly meter readings"3 -
Spoonie_Turtle said:Right now you have nothing to lose joining Tracker if they'll let you. If prices go higher than the SVT and you don't fancy gambling that they'll drop quickly enough for your liking you can always go onto the SVT (Flexible).
But if you did that, you wouldn't be able to go back onto Tracker for 9 months, which makes it a slightly more complicated decision than just hopping on and off whenever.
Energy Price Cap changesTime period
Price Cap on NEW typical use figures (1) Price Cap on OLD typical use figures (2) PREVIOUS PRICE CAP RATE
1 Jul 2023 to 30 Sept 2023
£1,976 a year £2,074 a year CURRENT PRICE CAP RATE
1 Oct 2023 to 31 Dec 2023DOWN 7%
£1,834 a year
DOWN 7%
£1,923 a year1 Jan 2024 to 31 Mar 2024
Strong prediction (3)
UP 3.5%
£1,898 a year
UP 4%
£1,996 a year1 Apr 2024 to 30 Jun 2024
Weak prediction (3)
DOWN 4%
£1,820 a year
DOWN 4%
£1,912 a year1 Jul 2024 to 30 Sep 2024
Crystal-ball gazing (3)
DOWN 2%
£1,781 a year
DOWN 2%
£1,872 a year1 Oct 2024 to 31 Dec 2024
Crystal-ball gazing (3)
UP 2.5%
£1,825 a year
UP 2%
£1,922 a year
Following the Energy Price Cap prediction, it would be bad to go Fixed for 12 months at the current price cap (rates). I think Tracker or Flexible it's the one way to not overpay (save).1 -
I found these last two posts very helpful. Please keep me/us updated in these less than simple calculations plus your conclusions!Telegraph Sam
There are also unknown unknowns - the one's we don't know we don't know0 -
@tlcgrantham. For what it's worth I've been on non-smart-meter Tracker gas since Sept 2022 and the most recent bill is Sept 2023. "Price guaranteed until. Not applicable" Interpret that as you will ....Telegraph Sam
There are also unknown unknowns - the one's we don't know we don't know1 -
vivalaeric said:Spoonie_Turtle said:Right now you have nothing to lose joining Tracker if they'll let you. If prices go higher than the SVT and you don't fancy gambling that they'll drop quickly enough for your liking you can always go onto the SVT (Flexible).
But if you did that, you wouldn't be able to go back onto Tracker for 9 months, which makes it a slightly more complicated decision than just hopping on and off whenever.
Energy Price Cap changesTime period
Price Cap on NEW typical use figures (1) Price Cap on OLD typical use figures (2) PREVIOUS PRICE CAP RATE
1 Jul 2023 to 30 Sept 2023
£1,976 a year £2,074 a year CURRENT PRICE CAP RATE
1 Oct 2023 to 31 Dec 2023DOWN 7%
£1,834 a year
DOWN 7%
£1,923 a year1 Jan 2024 to 31 Mar 2024
Strong prediction (3)
UP 3.5%
£1,898 a year
UP 4%
£1,996 a year1 Apr 2024 to 30 Jun 2024
Weak prediction (3)
DOWN 4%
£1,820 a year
DOWN 4%
£1,912 a year1 Jul 2024 to 30 Sep 2024
Crystal-ball gazing (3)
DOWN 2%
£1,781 a year
DOWN 2%
£1,872 a year1 Oct 2024 to 31 Dec 2024
Crystal-ball gazing (3)
UP 2.5%
£1,825 a year
UP 2%
£1,922 a year
Following the Energy Price Cap prediction, it would be bad to go Fixed for 12 months at the current price cap (rates). I think Tracker or Flexible it's the one way to not overpay (save).2
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