Octopus Tracker

pfpf

i'm undecided. last week i was "holding firm" till mid feb when contract ends, now i'm thinking of jumping to the fix (electricity only) as 21.99 doesn't seem too bad in the scheme of things and gives some thinking time with no exit fee.
only two months till end of contract so how much can i save switching vs how much more will it cost if i stay? decision day.

what have been the best recent fixes as i expected it currently to be more than 21.99?

Boris_Blank

calleyw said:

la531983 said:

Oh my god its worse again tomorrow. 31.08p goes to 36.37p for me!

mine is 37.07 tomorrow.  Going to have to sit in the dark.  I wanted to do some laundry but its piled up from the last few days as I am not spending that amount.

38.17p in North-East Scotland. 

Pat38493

Boris_Blank said:

calleyw said:

la531983 said:

Oh my god its worse again tomorrow. 31.08p goes to 36.37p for me!

mine is 37.07 tomorrow.  Going to have to sit in the dark.  I wanted to do some laundry but its piled up from the last few days as I am not spending that amount.

38.17p in North-East Scotland. 

Try 41.67p on the latest tracker price for North Wales / Mersey - ouch.  Lucky I am not on tracker right now.

zoonyx

Some complete overreactions happening here.... you've had 24 months at least of being way lower than cap.  It's just a few days.  

"Lucky indeed".  Tell me you shouldn't have been on tracker in the first place without telling me you shoudn't have been on tracker in the first place.

crumpet_man

zoonyx said:

Some complete overreactions happening here.... you've had 24 months at least of being way lower than cap.  It's just a few days.  

"Lucky indeed".  Tell me you shouldn't have been on tracker in the first place without telling me you shoudn't have been on tracker in the first place.

I think it might be different if there was no end date to tracker Dec 23, people would be much more willing to ride it out.  But with that end date just round the corner it's more a question of if it's better to get out now or wait until February.

This is my attitude anyway and I left tracker a couple of weeks ago.

pfpf

but if those "few days" are your last few days on the tariff then why pay more? but with only 2 more months on tariff for me, i don't think i'm "overreacting" i think i'm trying to make a best call decision for myself.

Doc_N

I'll be sticking - but mine doesn't end until the end of March. So far as I'm concerned, this is a temporary blip which is being more or less covered by the lower gas price - and caused by an unfortunate combination of events. If I'm wrong, I'll just take the hit - I knew exactly what I was signing up to. The only thing that annoys me is the constant fiddling with the Tracker formula by Octopus to increase its profits still further. It's a bit like a casino deciding it can improve its profits by adding a few more zeros or double zeros.

Pat38493

zoonyx said:

Some complete overreactions happening here.... you've had 24 months at least of being way lower than cap.  It's just a few days.  

"Lucky indeed".  Tell me you shouldn't have been on tracker in the first place without telling me you shoudn't have been on tracker in the first place.

The latest tracker electricity rate from October 2024, is not a tariff that would really interest me at all - several other Octopus (and other provider) tariffs would work better for me.  Tracker Dec'23 was marginal for me.  My main interest in Tracker these days is to get an indication of Agile pricing ahead of time

zoonyx

Doc_N said:

I'll be sticking - but mine doesn't end until the end of March. So far as I'm concerned, this is a temporary blip which is being more or less covered by the lower gas price - and caused by an unfortunate combination of events. If I'm wrong, I'll just take the hit - I knew exactly what I was signing up to. The only thing that annoys me is the constant fiddling with the Tracker formula by Octopus to increase its profits still further. It's a bit like a casino deciding it can improve its profits by adding a few more zeros or double zeros.

Mines Mid-February so I'm on the edge.  I knew I'd ruffle some feathers with my comment but I do stick by it. Comments like "Oh my god it's worse"... it's just a bit much.  The difference is actually fairly small and evens out across the year.

As for the tracker formula... that is indeed annoying and effectively makes the renewal a bit pointless for me now - I will move to a fixed plan but think there will be better plans available in future.

Spoonie_Turtle

zoonyx said:

Doc_N said:

I'll be sticking - but mine doesn't end until the end of March. So far as I'm concerned, this is a temporary blip which is being more or less covered by the lower gas price - and caused by an unfortunate combination of events. If I'm wrong, I'll just take the hit - I knew exactly what I was signing up to. The only thing that annoys me is the constant fiddling with the Tracker formula by Octopus to increase its profits still further. It's a bit like a casino deciding it can improve its profits by adding a few more zeros or double zeros.

Mines Mid-February so I'm on the edge.  I knew I'd ruffle some feathers with my comment but I do stick by it. Comments like "Oh my god it's worse"... it's just a bit much.  The difference is actually fairly small and evens out across the year.

I think it's fine to express shock, especially when we've been used to not even breaching the SVT for pretty much the whole time.  Chiding people for that would be similar to saying the same thing for Agile customers who are really feeling the high prices at the moment.  We're all human and allowed to express feelings! 

An overreaction would be fearing it's going to wipe out savings we've made from Tracker, which is not the case for at least most of us, if not all.  Certainly those of us on Dec 23.

Short-term feelings, long-term view.

Personally I'm holding on because it looks like we'll have some respite by the weekend, and hopefully things will go back to normal soon with prices below the SVT again like the previous couple of winters.