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Octopus Tracker

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  • masonic
    masonic Posts: 27,286 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    QrizB said:
    masonic said:
    A choice will need to be made, come what may.
    "If you choose not to decide, you still have made a choice."
    Rush - Freewill.

    A man of good taste!
  • masonic said:
    masonic said:
    FreeBear said:
    matt_drummer said: 2,000 kWh at 23p instead of 18p is only £100 extra a year, £8.33 a month.
    Or the price of a decent bottle of wine (or a case of cheap plonk). I know what I'd prefer.

    If I was that bothered I would devote the time I spent worrying about something I cannot change on something more productive, such as earning some extra money to pay for the moderately increased electricity cost plus the bottle of wine and a slap up meal to go with it!
    How productive or profitable do you consider it to argue against people saving money on the moneysavingexpert forum?
    I am not arguing against anything.

    The question was - what will happen when a current tariff is not available?

    The answer is - not much, as it is not much different from the one that is available now unless a person uses massive amounts of electricity, and even then, in percentage terms, still not much.

    There is no option, that Tracker tariff will vanish and be replaced by the new one.

    Money saving can come in various forms, rather than using time deliberating over something that is a dead end, a person could use that time focussing on something that increases income to cover an unavoidable increase in costs.

    So, maybe not money saving in the strictest sense, but money increasing, it has the same result.

    Eventually there is only so much money you can save, there's no such limit on what you can earn.
    A choice will need to be made, come what may. Doing nothing will default the customer to SVT, which could cost them more than a trivial amount, whereas cheaper options have severe tail-risks. So it is not surprising to see a fair bit of debate around what to do for the best.


    But there are limited options, it is only SVT, the new Tracker or Agile for somebody that doesn't need E7, has no EV, has no battery storage and doesn't like other options such as TE.

    It can't take that much deliberation I would have thought when the difference between any of them is pretty small. 
    Or switch elsewhere just as I have recently done as have a few of the most vocal posters on this thread over the years.
  • matt_drummer
    matt_drummer Posts: 2,013 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 20 December 2024 at 4:47PM

    Or switch elsewhere just as I have recently done as have a few of the most vocal posters on this thread over the years.
    How much can you really save per kWh?

    I am fortunate, I have a large amount of battery storage and just bought my wife an ev so could switch to IOG and buy all my electricity at 7p per kWh.

    I was on Octopus Cosy before so I have roughly halved my electricity costs.

    But with no ev, no battery storage, little interest in load shifting and no appetite for TE, what are your options?

    Where do the big savings come from?

  • @matt drummer “How much can you really save per kWh?”
        
    10p per kWh so far with TE Lifestyle with no ev,battery,solar but some load shifting. This means I’ve saved an appetising £70+in 7 weeks. 🤗
  • @matt drummer “How much can you really save per kWh?”
        
    10p per kWh so far with TE Lifestyle with no ev,battery,solar but some load shifting. This means I’ve saved an appetising £70+in 7 weeks. 🤗
    But the topic of the conversation is somebody with little interest in load shifting and no appetite for TE.

    What options do they have?

    They are fretting about what will happen when their current Tracker tariff comes to an end in February.

    That is what I am getting stick about.
  • Largs
    Largs Posts: 430 Forumite
    100 Posts Second Anniversary Name Dropper
    masonic said:
    FreeBear said:
    matt_drummer said: 2,000 kWh at 23p instead of 18p is only £100 extra a year, £8.33 a month.
    Or the price of a decent bottle of wine (or a case of cheap plonk). I know what I'd prefer.

    If I was that bothered I would devote the time I spent worrying about something I cannot change on something more productive, such as earning some extra money to pay for the moderately increased electricity cost plus the bottle of wine and a slap up meal to go with it!
    How productive or profitable do you consider it to devote time arguing against people discussing saving money on the moneysavingexpert forum?
    It's not so much that, it's the I have underfloor heating, I have an electic car, I have solar panels, I have this, that and then next things to show how much things I have but I will take cold showers and sit in the dark.  I will come on here and keep going on and on like a broken record but always trying to save a couple of pence.  Well it becomes a bit of a YAWN.  There is no point being the richest man in the cemetary.
  • masonic
    masonic Posts: 27,286 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 20 December 2024 at 6:39PM
    Largs said:
    masonic said:
    FreeBear said:
    matt_drummer said: 2,000 kWh at 23p instead of 18p is only £100 extra a year, £8.33 a month.
    Or the price of a decent bottle of wine (or a case of cheap plonk). I know what I'd prefer.

    If I was that bothered I would devote the time I spent worrying about something I cannot change on something more productive, such as earning some extra money to pay for the moderately increased electricity cost plus the bottle of wine and a slap up meal to go with it!
    How productive or profitable do you consider it to devote time arguing against people discussing saving money on the moneysavingexpert forum?
    It's not so much that, it's the I have underfloor heating, I have an electic car, I have solar panels, I have this, that and then next things to show how much things I have but I will take cold showers and sit in the dark.  I will come on here and keep going on and on like a broken record but always trying to save a couple of pence.  Well it becomes a bit of a YAWN.  There is no point being the richest man in the cemetary.
    If you feel that strongly about it, then there is always the option to delete this site from your bookmarks. I don't think that was anywhere close to the point Matt was driving at.
    FWIW, I don't have underfloor heating, an electric car, or solar panels. I don't have access to mains gas, or other fuels. But I don't take offence at those that do who are trying to reduce consumption, whatever their motivations.
  • If it was about one person in particular there is the ignore option :)  I rarely use it myself but it is a good tool, if the person you need to ignore posts on a board where there are enough others knowledgeable and active enough to counteract the rubbish they post.
  • masonic said:
    Largs said:
    masonic said:
    FreeBear said:
    matt_drummer said: 2,000 kWh at 23p instead of 18p is only £100 extra a year, £8.33 a month.
    Or the price of a decent bottle of wine (or a case of cheap plonk). I know what I'd prefer.

    If I was that bothered I would devote the time I spent worrying about something I cannot change on something more productive, such as earning some extra money to pay for the moderately increased electricity cost plus the bottle of wine and a slap up meal to go with it!
    How productive or profitable do you consider it to devote time arguing against people discussing saving money on the moneysavingexpert forum?
    It's not so much that, it's the I have underfloor heating, I have an electic car, I have solar panels, I have this, that and then next things to show how much things I have but I will take cold showers and sit in the dark.  I will come on here and keep going on and on like a broken record but always trying to save a couple of pence.  Well it becomes a bit of a YAWN.  There is no point being the richest man in the cemetary.
    If you feel that strongly about it, then there is always the option to delete this site from your bookmarks. I don't think that was anywhere close to the point Matt was driving at.
    This was not really my point and I am really not driving at anything.

    There is a law of diminishing returns.

    I don't think the Tracker tariff is particularly advantageous over the SVT and if it changes a little in February then it  really isn't that much of a big deal.

    There isn't much to save unless you have some way of taking advantage of really low rates, either with battery storage or serious load shifting.

    Energy costs are pretty stable, there's nothing to save.

    Agile is OK if you can delay your life when costs are high but not everybody wants to, or can do that.

    Tracker is really now pretty much the SVT.

    The extensive deliberation by some people mystifies me.

    There are minimal savings to be had unless you go extreme in some way and the savings are even less when you use barely anything to start with.


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