We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Octopus Tracker

1…4142444647…808

Comments

  • SJMALBA
    SJMALBA Posts: 1,147 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 29 June 2022 at 9:40AM
    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: 1,147 Forumite
    1,000 Posts Fourth 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: 20,766 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 Coop 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.
    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: 94 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: 94 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: 20,766 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 29 June 2022 at 8:42PM
    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 Coop 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.
    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!!!!!
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture