Octopus Tracker

masonic

Telegraph_Sam said:

More cause for concern about gas than electricity as far as Tracker prices are concerned? Is one more volatile than the other?

Gas tends to be smoother than electricity as there are temporary reserves, but if smoothed over a few days, the swings are similar in percentage terms, but electricity moves more in absolute terms due to the higher base cost. If there was an event that specifically restricted gas supply, then electricity could be spared some of the pain if other methods of generation could pick up some of the slack.

Robgmun

Telegraph_Sam said:

More cause for concern about gas than electricity as far as Tracker prices are concerned? Is one more volatile than the other?

Seems like Gas is more Volatile to market conditions and global political events. In general, electricity does seem to be the more stable of the two nowadays now that Octopus uses more local sustainable sources of electricity like wind and solar etc

la531983

No huge increase on Tracker tomorrow either, despite the low winds. 

masonic

la531983 said:

No huge increase on Tracker tomorrow either, despite the low winds. 

I was surprised today wasn't more expensive, as wind generation is at its lowest between about now and tomorrow afternoon. Wind generation looks to be back up to a healthy level in time for peak consumption, and the whole of next week is looking fairly reasonable at this point.

Temperatures still seem pretty mild. I've not needed to put the heating on so far, although came close this morning. Fortunately, the sun did its bit before I had to.

Telegraph_Sam

Interesting as these points are, considering past correspondence does it not make more sense to think and talk in terms of averages over a more extended period - for Tracker if not for Agile? Recognize that there are 2 different objectives:
1. short term = shall I do the washing today or tomorrow?
2. med / longer term = is there a statistical case for staying on Tracker instead of a fix as winter approaches?
If only I knew ..

northernstar007

another update on my switch
everything has been closed off with SP inc balance is now on zero (i take it they have already sent refunds to my bank acc)
yesterday was transfer date and showing up as complete on octopus inc email confirmed both gas and electric
with half hourly readings set, and readings showing up on my acc, and now tracker is showing up to transfer to
so i ticked the boxes into accept conditions etc
and now just waiting for the system to switch my tariff over, hope its by tomorrow as i need to do some washing and its 17.81kw tomorrow
ps can anyone tell me what the rewards program is on octopus homepage, i idont have solar panels, do i need to sign up, and i done 2 spins on the wheel when i put meter readings in and won £1
1 last other thing, my home display has never worked since first utility fitted it
now with octopus all the tariff prices is show inc how much i am using etc etc what it should do, so i am happy with that aswell

masonic

northernstar007 said:

another update on my switch
everything has been closed off with SP inc balance is now on zero (i take it they have already sent refunds to my bank acc)
yesterday was transfer date and showing up as complete on octopus inc email confirmed both gas and electric
with half hourly readings set, and readings showing up on my acc, and now tracker is showing up to transfer to
so i ticked the boxes into accept conditions etc
and now just waiting for the system to switch my tariff over, hope its by tomorrow as i need to do some washing and its 17.81kw tomorrow
ps can anyone tell me what the rewards program is on octopus homepage, i idont have solar panels, do i need to sign up, and i done 2 spins on the wheel when i put meter readings in and won £1
1 last other thing, my home display has never worked since first utility fitted it
now with octopus all the tariff prices is show inc how much i am using etc etc what it should do, so i am happy with that aswell

OctoPlus is worth having, you can opt into free electricity and saving sessions, and get guaranteed small payouts on your future wheel spins (plus other incentives TBC). It sounds like you had good luck on your initial spins!

It's likely that you'll find yourself on Tracker tomorrow, if you've accepted conditions already. Possibly today's usage will be billed as such.

northernstar007

thank you, great help

masonic

northernstar007 said:

1 last other thing, my home display has never worked since first utility fitted it
now with octopus all the tariff prices is show inc how much i am using etc etc what it should do, so i am happy with that aswell

In answer to this final point, you might be interested in https://octopus.energy/blog/octopus-home-mini/

Supposedly you can get OctoPoints for setting up one of these, and it will allow you to track usage in real time through the app.

Bendo

The latest Hugo app now supports Octopus Tracker and Agile for working out costs.