Octopus Tracker

Archerychick

northernstar007 said:

auction price for tomorrow has dropped, expecting another cheap weekend so hold back all your washing 

Nice! 12.88 for me - moved the car to charge in the early hours

fryedslyce

As yet, I haven't received any email about moving to the new tracker formula.

Telegraph_Sam

SAC2334 said:

Telegraph_Sam said:

Comparing my current Nov 22 v1 North Eastern unit costs with what will hit us on 15 Feb I see that elec will go  up by 9.75% and gas by 19%. Is that fairly typical?

Today its a rise of 14.5% electric and 10.3 % gas between the two versions for Yorkshire region   .I have been getting varying percentage rises with a   lower gas percentage  rise of around 5%  .

I ve done a rough guide to what the April 1 st capped rates will be in Yorkshire region with  Cornwall Insight s  predicting a 16% drop .
That would make Yorkshire region capped rate  around 23 p/kwh electric  and 6.17 p/kwh  gas.
 Flexible has current rates of 27.79 /kwh electric  and 7.35p /kwh gas .
If that is the case I will be sitting it out on Tracker all year and not jumping ship even with  the new formulae starting Feb 15 th

That makes life more difficult, if the increases are not uniform but vary significantly by region.

I wanted to "quantify" the greater volatility of Agile vs Tracker (for the North East) by comparing the respective multipliers. I have a note of my Tracker multiplier but cannot find what to compare it with for Agile. Can it be that there is not one Agile multiplier but 2 or more depending on the time of day?

Spoonie_Turtle

Telegraph_Sam said:

SAC2334 said:

Telegraph_Sam said:

Comparing my current Nov 22 v1 North Eastern unit costs with what will hit us on 15 Feb I see that elec will go  up by 9.75% and gas by 19%. Is that fairly typical?

Today its a rise of 14.5% electric and 10.3 % gas between the two versions for Yorkshire region   .I have been getting varying percentage rises with a   lower gas percentage  rise of around 5%  .

I ve done a rough guide to what the April 1 st capped rates will be in Yorkshire region with  Cornwall Insight s  predicting a 16% drop .
That would make Yorkshire region capped rate  around 23 p/kwh electric  and 6.17 p/kwh  gas.
 Flexible has current rates of 27.79 /kwh electric  and 7.35p /kwh gas .
If that is the case I will be sitting it out on Tracker all year and not jumping ship even with  the new formulae starting Feb 15 th

That makes life more difficult, if the increases are not uniform but vary significantly by region.

I wanted to "quantify" the greater volatility of Agile vs Tracker (for the North East) by comparing the respective multipliers. I have a note of my Tracker multiplier but cannot find what to compare it with for Agile. Can it be that there is not one Agile multiplier but 2 or more depending on the time of day?

Thanks to your friend and mine, Google
https://www.guylipman.com/octopus/formulas.html

QrizB

Telegraph_Sam said:

That makes life more difficult, if the increases are not uniform but vary significantly by region.

They do, and it was noted in this thread by MFB when the new formulae were announced

Telegraph_Sam said:

Can it be that there is not one Agile multiplier but 2 or more depending on the time of day?

The Agile formula is explained here:

https://octopus.energy/blog/agile-pricing-explained/

For 21 hours a day it's a simple multiplier of the wholesale cost. From 4om-7pm there's a fixed "evening peak" supplement added.

That webpage only gives an example of the formula, and I haven't been able to find a complete list of the current factors. There's an old list from (I think) 2020 on Guy Lipman's blog here. (That's the same link Spoonie_Turtle has given, but please note that energy-stats says there was a new formula introduced on 2022.)

Spoonie_Turtle

QrizB said:

Telegraph_Sam said:

That makes life more difficult, if the increases are not uniform but vary significantly by region.

They do, and it was noted in this thread by MFB when the new formulae were announced

Telegraph_Sam said:

Can it be that there is not one Agile multiplier but 2 or more depending on the time of day?

The Agile formula is explained here:

https://octopus.energy/blog/agile-pricing-explained/

For 21 hours a day it's a simple multiplier of the wholesale cost. From 4om-7pm there's a fixed "evening peak" supplement added.

That webpage only gives an example of the formula, and I haven't been able to find a complete list of the current factors. There's an old list from (I think) 2020 on Guy Lipman's blog here. (That's the same link Spoonie_Turtle has given, but please note that energy-stats says there was a new formula introduced on 2022.)

Ooh good spot, sorry I completely missed the GL page was that old.

One would think asking Octopus for the formula for one's region would yield results, as a last resort if Googling doesn't throw up the answer.

Telegraph_Sam

I had studied the agile-pricing page previously but it did not seem to contain my region-specific info. On the other hand the google-lipman duo does seem to make the calculations doable. At first glance my gut feel is that anyone who has to take the 4 - 7 pm penalty hit without the facility to recoup at other times - anyone in this flat consumption situation had best give Agile a wide berth in favour of Tracker. I'd be interested to be proved wrong however.

Telegraph_Sam

I'll take the google-lipman link as gospel unless anyone tells me that it has been superseded in the interim / in 2022

la531983

Under 11p in plenty of regions tomorrow.....

Archerychick

Telegraph_Sam said:

I had studied the agile-pricing page previously but it did not seem to contain my region-specific info. On the other hand the google-lipman duo does seem to make the calculations doable. At first glance my gut feel is that anyone who has to take the 4 - 7 pm penalty hit without the facility to recoup at other times - anyone in this flat consumption situation had best give Agile a wide berth in favour of Tracker. I'd be interested to be proved wrong however.

I agree. I’m on the tracker (currently Nov ‘22 version), and I’m not a high electricity user at all. So for example Jan I used 256 kWh, of which 147 kWh was the car charging. When I compare Tracker (either the Nov or the Dec versions) the days I don’t charge the car it’s within pence of the Agile cost. But if I was to shift the car charging time to the middle of the night I think it would save me a lot. So I agree that it is really a tariff for those who can load shift, which is who it is aimed at.

im going to do an experiment for a couple of weeks when the saving sessions are done with, and move the car to middle of the night, leaving my other usage as is and see what the difference is - want to be sure before I take a leap off Tracker given the 9 month window!