Octopus Tracker

BellaBlondykeTheThird

My predictions have the monthly average price of tracker at 18.5p kWh for our region or 38% saving off the price cap prices for electricity.

.....until Octopus send us all the dreaded email 

Telegraph_Sam

This compares with the gastracker 90 day average of 17.94 p and the latest price 18.52 as against the SV 27.8, which according to my Casio represents a quite respectable discount of 33%. There could be differences depending on exactly which tariff and which region etc 

MultiFuelBurner

So the very first whole month of comparing Tracker December 2023 v1 against Agile February 2023 v1 are in.

Caveat no load shifting was performed so the results are even more interesting as with a little (not a lot) of load shifting the savings will be even greater.

For clarity this is the Eastern Region but I would love to see the results from regions with less of an increase in the tracker formula December 2023 v1 like the Yorkshire region.

I do feel Octopus may have put the final nail in the coffin for tracker for the regions most adversely affected by the new tracker formula as without any load shifting and Agile still with it's original formula it appears it may become obsolete.

I will monitor until we are all forced onto the new formula for those interested.

Slinky

Interesting to see, however our electric usage over the past 30 days is only 193kwh (and some of that was downloaded then exported for the savings sessions) so for us it would only be £4-5 saving. Will take a view when we get shoved onto the new tariff as we are in Eastern region also.  Annoyingly a few hundred yards from the free Power Up area.

Spoonie_Turtle

I just did that comparison for ours and shockingly Agile comes out cheaper too, but that is with a cheap month.  I don't know that Is be willing to take the risk, especially if we can't just jump back on Tracker.  Hmm, food for thought - although I have too many other things needing urgent attention right now to truly consider it before we're given notice of moving to the new formula.

Telegraph_Sam

A case of the devil's in the detail.
 I persuaded the energy stats uk man to put Agile and Tracker in a graph for comparison and this is the latest result (for the North East)
https://dashboards.energy-stats.uk/d/5cZqqmf4z/user-dashboard?orgId=1&from=now-90d&to=now&var-area_name=North_Eastern_England
If it reproduces for you it should show that the 90 day average for Agile is 20 p as against 18.9 p for Tracker. I feel that forming a judgement over a shorter time period is questionable. Again it is obvious that Agile is more volatile / more highly geared.
I believe that these graphs show the "most recent" tariffs but not what is over the horizon. It may be that when SC's are taken into account as appears to be what Compare does - but over a shorter time period - that this swings the balance in favour of Agile
As things stand I don't feel that there is an overwhelming case to jump ship to Agile. But others may wish to comment on my initial conclusions. 

Slinky

Another consideration for us would also be how much wear and tear you inflict on the batteries with constant cycling every single day particularly in winter, downloading overnight to avoid that high peak in the afternoon. Plus when we are using the oven, kettle and microwave at the same time there will sometimes be more power being used than can be drawn from the battery AIUI so we risk drawing an element of expensive electric off the grid.

Is there also an issue with weather in the summer? You top up overnight, then get a sunny day where you end up exporting low rate electric back to the grid that you could have been topping up the batteries free...  Or you decide not to top up, get some cloud and run out of battery power at 4pm.

The certainty of Tracker daily single rate seems to suit us at the moment

MultiFuelBurner

Telegraph_Sam said:

A case of the devil's in the detail.
 I persuaded the energy stats uk man to put Agile and Tracker in a graph for comparison and this is the latest result (for the North East)
https://dashboards.energy-stats.uk/d/5cZqqmf4z/user-dashboard?orgId=1&from=now-90d&to=now&var-area_name=North_Eastern_England
If it reproduces for you it should show that the 90 day average for Agile is 20 p as against 18.9 p for Tracker. I feel that forming a judgement over a shorter time period is questionable. Again it is obvious that Agile is more volatile / more highly geared.
I believe that these graphs show the "most recent" tariffs but not what is over the horizon. It may be that when SC's are taken into account as appears to be what Compare does - but over a shorter time period - that this swings the balance in favour of Agile
As things stand I don't feel that there is an overwhelming case to jump ship to Agile. But others may wish to comment on my initial conclusions. 

Gastracker.uk simulation for December 2023 v1 Tracker for region F - North eastern England comes out as an average 19.88p for the past 90 days.

So just shifting hot water or the odd thing will mean Agile even in what was an expensive period where some Agile customer historically and did this winter move to Tracker.....would be a lot cheaper.

I wonder which site  has simulated the last 90 days Tracker December 2023 v1 correctly?

Telegraph_Sam

This is where it gets problematical. Using your same inputs I arrive at 18.83 p. Still lower than Agile's 20 p.
One advantage of using energy-stats uk is that they combine the two data sets into the same presentation.

knight123

In an all electric flat with standard wet radiators and no power storage or solar or anything, and surprisingly Agile is coming out £14 cheaper for the month compared to the new Tracker. Not sure if it's quite enough of a saving for me to make the switch. I'd consider if I lived alone, but my partner isn't a fan of obsessing over these details and timeslots, which I completely understand. I'd imagine the 7 months of the year where we don't use heating would make the difference pretty negligible. 

Happy to pay the slight extra not to worry about having the heating on when people come round at peak hours too!