Octopus Tracker

vivalaeric

GreenCustomer said:

For those that were thinking of switching to Octopus fixed tariff- the September version is NLA
Now offering

Loyal Octopus 12M Fixed October 2023 v1
Electricity  31.02 p/kWh  Standing charge:47.95 p/day
Gas  7.57 p/kWh  Standing charge:27.47 p/day

I'm in Southern and been given the following:
Electric: 27.51p / 47.95p
Gas: 6.99p / 27.47p

I didn't accept it. I went for Tracker for electric. I haven't yet decided about gas because I do manual readings - my meter doesn't connect.

GreenCustomer

vivalaeric said:

GreenCustomer said:

For those that were thinking of switching to Octopus fixed tariff- the September version is NLA
Now offering

Loyal Octopus 12M Fixed October 2023 v1
Electricity  31.02 p/kWh  Standing charge:47.95 p/day
Gas  7.57 p/kWh  Standing charge:27.47 p/day

I'm in Southern and been given the following:
Electric: 27.51p / 47.95p
Gas: 6.99p / 27.47p

I didn't accept it. I went for Tracker for electric. I haven't yet decided about gas because I do manual readings - my meter doesn't connect.

They are the September Fixed figures (and the current SVT). Were you given them prior to today?

vivalaeric

GreenCustomer said:

vivalaeric said:

GreenCustomer said:

For those that were thinking of switching to Octopus fixed tariff- the September version is NLA
Now offering

Loyal Octopus 12M Fixed October 2023 v1
Electricity  31.02 p/kWh  Standing charge:47.95 p/day
Gas  7.57 p/kWh  Standing charge:27.47 p/day

I'm in Southern and been given the following:
Electric: 27.51p / 47.95p
Gas: 6.99p / 27.47p

I didn't accept it. I went for Tracker for electric. I haven't yet decided about gas because I do manual readings - my meter doesn't connect.

They are the September Fixed figures (and the current SVT). Were you given them prior to today?

I had been given them in September and they've never changed. That's why I've gone for Tracker for electric and stayed flexible for gas.

bristolleedsfan

vivalaeric said:

GreenCustomer said:

vivalaeric said:

GreenCustomer said:

For those that were thinking of switching to Octopus fixed tariff- the September version is NLA
Now offering

Loyal Octopus 12M Fixed October 2023 v1
Electricity  31.02 p/kWh  Standing charge:47.95 p/day
Gas  7.57 p/kWh  Standing charge:27.47 p/day

I'm in Southern and been given the following:
Electric: 27.51p / 47.95p
Gas: 6.99p / 27.47p

I didn't accept it. I went for Tracker for electric. I haven't yet decided about gas because I do manual readings - my meter doesn't connect.

They are the September Fixed figures (and the current SVT). Were you given them prior to today?

I had been given them in September and they've never changed. That's why I've gone for Tracker for electric and stayed flexible for gas.

12 month fixed rates increased today ish, new rates are reflected if look at change my tariff option within online dashboard.

vivalaeric

bristolleedsfan said:

vivalaeric said:

GreenCustomer said:

vivalaeric said:

GreenCustomer said:

For those that were thinking of switching to Octopus fixed tariff- the September version is NLA
Now offering

Loyal Octopus 12M Fixed October 2023 v1
Electricity  31.02 p/kWh  Standing charge:47.95 p/day
Gas  7.57 p/kWh  Standing charge:27.47 p/day

I'm in Southern and been given the following:
Electric: 27.51p / 47.95p
Gas: 6.99p / 27.47p

I didn't accept it. I went for Tracker for electric. I haven't yet decided about gas because I do manual readings - my meter doesn't connect.

They are the September Fixed figures (and the current SVT). Were you given them prior to today?

I had been given them in September and they've never changed. That's why I've gone for Tracker for electric and stayed flexible for gas.

12 month fixed rates increased today ish, new rates are reflected if look at change my tariff option within online dashboard.

Yeah, you're right. They've kept the same standing charges but the new rates are:
Electric: 31.02p
Gas: 7.57p

It has gone up.

vivalaeric

Flexible gas is still 6.99p tough.

Telegraph_Sam

Is your conclusion that as far as your crystal ball can see this tilts the balance in favour of Tracker if one can put up with the uncertainty? For gas and electric?
And for each does the high / medium / low consumption factor influence the decision?
At present I'm on Tracker for both fuels and no EV.
I guess that whatever applies for one region more or less applies to all.

vivalaeric

Telegraph_Sam said:

Is your conclusion that as far as your crystal ball can see this tilts the balance in favour of Tracker if one can put up with the uncertainty? For gas and electric?
And for each does the high / medium / low consumption factor influence the decision?
At present I'm on Tracker for both fuels and no EV.
I guess that whatever applies for one region more or less applies to all.

I think it's common sense. If the rate has been 40% cheaper for 10/11 months than the cap and it only goes high at the end of November and in December, why would you lock yourself at the cap rates for the whole year? 

spot1034

vivalaeric said:

Telegraph_Sam said:

Is your conclusion that as far as your crystal ball can see this tilts the balance in favour of Tracker if one can put up with the uncertainty? For gas and electric?
And for each does the high / medium / low consumption factor influence the decision?
At present I'm on Tracker for both fuels and no EV.
I guess that whatever applies for one region more or less applies to all.

I think it's common sense. If the rate has been 40% cheaper for 10/11 months than the cap and it only goes high at the end of November and in December, why would you lock yourself at the cap rates for the whole year? 

Last year was unusual in that we had a quite significant but short lived cold spell at the end of November and the first half of December. The rest of the season was milder than average. 

There is no guarantee that this will be repeated - in fact statistically this is quite unlikely. The coldest weather usually doesn't kick in that early, and is typically seen in the first three months of the new year. If we had three months (or more) of cold the rates would be likely to reflect this, and if this was combined with further and perhaps escalating tension in the world's trouble spots (thus threatening the supply of oil and gas in the months to follow), this would do nothing to stop rates climbing higher than they did last year.

FIREDreamer

The_Green_Hornet said:

I also started on 1st July this year. No end date.

Mine neither, switched in February