Octopus Tracker

Pat38493

Not for long - the SVR will go up soon and I suspect the prices this week are below what the new SVR will be.

Also - as has been pointed out many times, what you pay on any one day doesn't matter - it's what you pay over the whole year.  If you already saved money every day, why worry about one or two days when it's more expensive?

SJMALBA

Electricity above SVT tomorrow, for the first time this year for me (now on April 2024 v1).

Telegraph_Sam

I can't follow the logic in Octopus offering me a free period today 1 - 2 pm, at a time when the electricity price is relatively high (such as when there is not a supply surplus)
Compare is putting me on Tracker marginally ahead (that means below) of Agile. Surprising. No EV nor battery storage but with solars

MP1995

It's not high on Agile and that's the indicator of when prices are cheap during the day not tracker.

Tracker could be largely obsolete within a year if Octopus continue to review and add costs to the formula so always worth trying it out now on compare but pretending you are on agile for a few days to see what you can save when tracker is no longer worth the risk.

masonic

Telegraph_Sam said:

I can't follow the logic in Octopus offering me a free period today 1 - 2 pm, at a time when the electricity price is relatively high (such as when there is not a supply surplus)
Compare is putting me on Tracker marginally ahead (that means below) of Agile. Surprising. No EV nor battery storage but with solars

Wholesale price is 1.8p/kWh, so quite cheap against a monthly average of 6.0p/kWh. Oddly, 2-3pm today is even cheaper.

Telegraph_Sam

@mp1995: Yes but if prices are "high" (or low)then that will be reflected in the Tracker daily average price I get charged without me having to look up the hourly Agile price. I believe that both are linked by a formula to the wholesale price. And my Tracker price has been yo-yo'ing between mid range and touching high after a "cheap" interval a some time back. So there is still a question mark why Octopus has chosen today to offer me their freebie ( coinciding with a low consumption period - they are not stupid)

Telegraph_Sam

I've just seen that my price has dropped from 18..7 = normal) today to 16.4 - which qualifies as low, tomorrow.

MP1995

Telegraph_Sam said:

@mp1995: Yes but if prices are "high" (or low)then that will be reflected in the Tracker daily average price I get charged without me having to look up the hourly Agile price. I believe that both are linked by a formula to the wholesale price. And my Tracker price has been yo-yo'ing between mid range and touching high after a "cheap" interval a some time back. So there is still a question mark why Octopus has chosen today to offer me their freebie ( coinciding with a low consumption period - they are not stupid)

You have been given the wholesale price above, that's why. It needs no further explanation prices were cheap and Octopus said to everyone have some free energy.

MP1995

Telegraph_Sam said:

I've just seen that my price has dropped to 16.4 - which qualifies as low

I'd be horrified of that on Agile low is under 10p. High is a daily average of 15p.

I see you have ignored my suggestion once again of pretending you are on Agole for a few days, shifting just a little bit and then comparing.

Telegraph_Sam

My Compare has been on strike for several days but has today seemed to recover. Whenever possible I compare Tracker with Agile. Taking account of the greater volatility it's telling me that most times I am marginally better off with Tracker, certainly over the longer time periods