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Octopus Tracker

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  • SJMALBA
    SJMALBA Posts: 1,075 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 29 June 2022 at 10:40AM
    June is going out on a high, but not in a good way - today's electricity DA price is, by a significant margin, the highest of the month, meaning a unit rate for me tomorrow of... 42.68p/kWh! :o
    In practice, it'll be 40p/kWh, as the cap has been hit for Tracker v2 & v3 for the first time since I started on Tracker, in the middle of April.
    It also means that the average daily unit rate for electricity in June will be (slightly) higher than SVT:-
    Tracker - 28.26p/kWh
    SVT - 27.9pkWh
  • SJMALBA
    SJMALBA Posts: 1,075 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    tomp2494 said:
    We could be quite close to the cap tomorrow, currently 27.3p per kwh on nordpool.

    ever since I signed up to tracker on 13th june, the prices have shot up
    apologies to everyone 😀
    So it's your fault!


    :D

  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    SJMALBA said:
    June is going out on a high, but not in a good way - today's electricity DA price is, by a significant margin, the highest of the month, meaning a unit rate for me tomorrow of... 42.68p/kWh! :o
    In practice, it'll be 40p/kWh, as the cap has been hit for Tracker v2 & v3 for the first time since I started on Tracker, in the middle of April.
    It also means that the average daily unit rate for electricity in June will be (slightly) higher than SVT:-
    Tracker - 28.26p/kWh
    SVT - 27.9pkWh

    I wonder how many times does it have to breach the 40p cap before they bring out tracker v4?
  • QrizB
    QrizB Posts: 18,296 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    Mstty said:
    I wonder how many times does it have to breach the 40p cap before they bring out tracker v4?
    V1 was over the cap pretty much continuously for almost 8 months, from September to April, but Octopus sat on their hands.
    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!
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    QrizB said:
    Mstty said:
    I wonder how many times does it have to breach the 40p cap before they bring out tracker v4?
    V1 was over the cap pretty much continuously for almost 8 months, from September to April, but Octopus sat on their hands.
    That's good news then fingers crossed👍
  • tomp2494
    tomp2494 Posts: 93 Forumite
    Third Anniversary 10 Posts Name Dropper
    SJMALBA said:
    tomp2494 said:
    We could be quite close to the cap tomorrow, currently 27.3p per kwh on nordpool.

    ever since I signed up to tracker on 13th june, the prices have shot up
    apologies to everyone 😀
    So it's your fault!


    :D

    I'm afraid so!
  • tomp2494
    tomp2494 Posts: 93 Forumite
    Third Anniversary 10 Posts Name Dropper
    What's behind the recent hikes? 
    and can we expect a reasonable drop soon, that lasts for more than just the weekend or 2 days?
  • QrizB
    QrizB Posts: 18,296 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 29 June 2022 at 9:42PM
    tomp2494 said:
    What's behind the recent hikes?
    Supply and demand, mostly in the gas market (which pushes up electricity prices too).
    and can we expect a reasonable drop soon, that lasts for more than just the weekend or 2 days?
    Your guess is as good as mine; if I could forecast commodity prices with any confidence, I'd be lounging on my superyacht admiring my private island! (That's the U-rated version of the fantasy ...)
    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!
  • milo_2020
    milo_2020 Posts: 258 Forumite
    Third Anniversary 100 Posts Name Dropper
    Honestly from Symbio's 9p to the 39.99 today I feel nauseous, all say a prayer for lower wholesale  :D
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    milo_2020 said:
    Honestly from Symbio's 9p to the 39.99 today I feel nauseous, all say a prayer for lower wholesale  :D
    There was a reason they self combusted lol we were on 14p when they went Kaboom!!!!!
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