Octopus Tracker

Slinky

Ouch.  We're East and it's looking like 3.34-3.35p on electric, and 0.2p on gas. Doesn't seem like all that cheap offshore wind and nuclear helps our rates.  Got to hope the sun comes out a bit more for our solar usage.

Xbigman

Is the Agile formula changing too? I switched to Tracker for electric because the Tracker prices were consistently around 1.2p cheaper than I could achieve on Agile. It might be worth switching back when they change existing customers over.


Darren 

Pat38493

Slinky said:

Ouch.  We're East and it's looking like 3.34-3.35p on electric, and 0.2p on gas. Doesn't seem like all that cheap offshore wind and nuclear helps our rates.  Got to hope the sun comes out a bit more for our solar usage.

If I'm understanding these changes correctly, this means that for Merseyside, NW, Cheshire, prices goes up by 2.5p.

Looking at my data on the Octopus Compare app, this would have made Agile cheaper than Tracker even in the recent 3 weeks where I had switched to Tracker and was not doing any deliberate load balancing (assuming the standing charge is the same on both tariffs).  Unfortunately the new tariff won't download for me into Octopus compare but I just added 2.5p to the average historical rate on the tracker side.

If the formula Agile does not get increased in the short term, I guess this at least makes sense from a net zero point of view - previously Tracker was effectively undercutting Agile for the majority of users which probably isn't the nudge that's needed.

Maybe my maths is wrong but this is what it looks like to me.

Pat38493

Xbigman said:

Is the Agile formula changing too? I switched to Tracker for electric because the Tracker prices were consistently around 1.2p cheaper than I could achieve on Agile. It might be worth switching back when they change existing customers over.


Darren 

Up to now, I think they have just said that the Agile standing charge is increasing to be the same as Tracker, but the formula hasn't changed.

As per my post above, it looks like it might be the same for me - Agile might actually become the better option if they don't increase the agile formula as well.

northernstar007

MultiFuelBurner said:

northernstar007 said:

MultiFuelBurner said:

northernstar007 said:

RosieRooBear said:

Based on today's prices for my region (Southern England) with the new tracker prices, my gas would be up 0.2p and my electricity would be up 2.56p. 

so thats what its roughly working out to this increase for everyone?

No different areas have a different formula.

East of England 3.2-3.4p more when they make the change as an example.

hope i dont sound thick, but how do you work it out, i'm on the octopus site with new and old prices but its sayin its per k/w etc cant see the exact increase as you have put for each area

Best way is to use gastracker.uk and switch between November 2022 v1 and December 2023 v1 and then chose your region and then look at others you will see a vast difference depending on where you live. 

Maybe it will influence where you live next 

so the difference between the 2 prices now is what its going up by? gotcha, in the north east its a lot cheaper than south west but they do get a lot better weather than us so i will move down there if  i win the lottery

mmmmikey

Pat38493 said:

Xbigman said:

Is the Agile formula changing too? I switched to Tracker for electric because the Tracker prices were consistently around 1.2p cheaper than I could achieve on Agile. It might be worth switching back when they change existing customers over.


Darren 

Up to now, I think they have just said that the Agile standing charge is increasing to be the same as Tracker, but the formula hasn't changed.

As per my post above, it looks like it might be the same for me - Agile might actually become the better option if they don't increase the agile formula as well.

The only thing that has changed for new Agile customers is the standing charges - unlike Tracker, the formulae haven't changed. So it seems likely that existing Agile customers will get their standing charges changed too early in next year, but watch this space. The bottom line is that Agile is likely to become a more attractive option again for many Tracker customers, although that certainly won't be the case for everyone. I'll be back to Agile as soon as the savings sessions end as its really only the savings sessions that make Tracker worthwhile for me. Once the Tracker prices goes up the benefit of Tracker will be marginal if they exist at all (for me).

fuelcrusher

What do you guys do when you see missing data. I'm currently trying to get data manually pulled for two separate times. The first is one half hour slot on the 8th which I'm not hopeful for as neither Hugo nor Bright is seeing this data either. Next is the entire day of the 11th, which both Hugo and Bright do see, but Octopus don't, I think this manual pull should be successful.

Now my understanding is that with just one missing slot they will average my bill. We load shift between days in our household so this will cost me extra. But I don't feel confident in stopping load shifting just to find I do get billed correctly and then we've cost ourselves extra.

My current understanding is that if you send a manual reading you'll trigger a bill. If I did that now it'd be an averaged one of around 10 days. Then I'd assume that you'd revert back to specific timed billing until your next normal bill date?

I'm sure this scenario is common so what do others do?

double_dutchy

knight123 said:

They seem to have updated the FAQ to give a bit more clarity for existing customers:

I see that the FAQ now says:

"it’s moving back to a 12 month fix because current regs don’t really work with the dynamic nature of Tracker — specifically, without a fixed term it will be subject to the price cap, resulting in unworkable complexity with daily wholesale prices"

Given that my tracker doesn't have a fixed term does that mean, at this time, that the 100/30p tracker caps are effectively trumped by the price cap?

bristolleedsfan

double_dutchy said:

knight123 said:

They seem to have updated the FAQ to give a bit more clarity for existing customers:

I see that the FAQ now says:

"it’s moving back to a 12 month fix because current regs don’t really work with the dynamic nature of Tracker — specifically, without a fixed term it will be subject to the price cap, resulting in unworkable complexity with daily wholesale prices"

Given that my tracker doesn't have a fixed term does that mean, at this time, that the 100/30p tracker caps are effectively trumped by the price cap?

....................................

Telegraph_Sam

My interpretation of this that if I selected to move to Tracker originally and was "allocated" a non- fixed term tariff, then I am not protected by the price cap. I suspect that there would be disadvantages if I was now to request a move to a fixed term tariff at this stage.