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Octopus Tracker

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  • tlcgrantham
    tlcgrantham Posts: 669 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    k_man said:
    Indeed, and from mid April to mid June, the majority of days the gas unit rate was below SVT, with quite a few sub 3p days (not sure we will see many of them for a while).
    Since then it has been around SVT.
    True and going forward it’s unlikely to drop below it very often. When I signed up for Tracker the price was over 10pkw/h most days so I’m surprised to have made such a profit.
  • SJMALBA
    SJMALBA Posts: 1,077 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Electricity DA has hit its highest price in months, which would mean a unit rate tomorrow (for me) of 46.64p/kWh, so the v2 & v3 cap has been hit for the second day in a row (and the third day in the last four).

  • milo_2020
    milo_2020 Posts: 258 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 13 July 2022 at 11:36AM
    Off to Agile I go :) 



  • tomp2494
    tomp2494 Posts: 93 Forumite
    Third Anniversary 10 Posts Name Dropper
    Do I switch to agile? Been on tracked for gas and electric for one month. No savings made.

    Although, I understand it is going to be very warm or hot, and breezy, early next week so maybe prices will come down 
  • Spies
    Spies Posts: 2,267 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    tomp2494 said:
    Do I switch to agile? Been on tracked for gas and electric for one month. No savings made.

    Although, I understand it is going to be very warm or hot, and breezy, early next week so maybe prices will come down 
    This isn't why people are switching, its to try to protect themselves from the October increases.
    4.29kWp Solar system, 45/55 South/West split in cloudy rainy Cumbria. 
  • bristolleedsfan
    bristolleedsfan Posts: 12,646 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    tomp2494 said:

    Although, I understand it is going to be very warm or hot, and breezy, early next week so maybe prices will come down 
    https://www.bloomberg.com/opinion/articles/2022-07-13/europe-s-heat-wave-is-bad-for-energy-prices-but-the-drought-is-worse
  • Sea_Shell
    Sea_Shell Posts: 10,028 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    tomp2494 said:

    Although, I understand it is going to be very warm or hot, and breezy, early next week so maybe prices will come down 
    https://www.bloomberg.com/opinion/articles/2022-07-13/europe-s-heat-wave-is-bad-for-energy-prices-but-the-drought-is-worse
    That's really interesting, thanks.

    Reduction in hydro-power generation is something that hadn't crossed my mind, plus the reliance on air-conditioning which is more prevalent across Europe.

    All that electricity needs generating, somehow.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • milo_2020
    milo_2020 Posts: 258 Forumite
    Third Anniversary 100 Posts Name Dropper
    My AC has been on and will continue to be on all week, avg a day is about 6-10kwh for usage at night (bedroom) and day (downstairs + outbuilding)
  • SJMALBA
    SJMALBA Posts: 1,077 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 13 July 2022 at 1:22PM
    I have received a reply from Octopus to my Tracker unit rate cap enquiry, originally sent to Greg Jackson, but replied to by a CSA (with GJ Cc'd at every stage):-
    'With regards to your query on Tracker tariff, in a nut shell Tracker isn't a fixed tariff, so theoretically it could change, but it's unlikely to. Obviously that doesn't give any guarantees.

    As this tariff is billed to a true daily wholesale rate it can be considered risky or volatile but this is all part of the tariff terms and conditions.'
  • milo_2020
    milo_2020 Posts: 258 Forumite
    Third Anniversary 100 Posts Name Dropper
    They still have not answered the base question which is although it is likely to change (contrary to what they say) will the cap of 11p be adjusted for people already on V3 unlike when V1 and V2 was changed.

    We are not asking if the cap will change or not, we know it will. Go back and ask that specifically :) 
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