Octopus Tracker

nekr0mantik

bristolleedsfan said:

nekr0mantik said:

Unit rates

Electricity: 26.06p per kWh

Standing charges

Electricity: 39.54p per day

London lower SC/higher unit rate 

yup Im London
Tempted to fix as there is no exit fees and then think about moving to TE but we dont know yet if new tracker will be more expensive or not. 

bristolleedsfan

nekr0mantik said:

bristolleedsfan said:

nekr0mantik said:

Unit rates

Electricity: 26.06p per kWh

Standing charges

Electricity: 39.54p per day

London lower SC/higher unit rate 

yup Im London
Tempted to fix as there is no exit fees and then think about moving to TE but we dont know yet if new tracker will be more expensive or not. 

London E Tracker rate cheaper than some regions e.g North West that have higher SC as well as lower unit for flexible and fixed.

Tomorrow ( Tuesday)

North West Tracker 25.38p  - Fixed 25.36 p/kWh

London Tracker 24.14p    Fixed 26.06p per kWh

nekr0mantik

bristolleedsfan said:

nekr0mantik said:

bristolleedsfan said:

nekr0mantik said:

Unit rates

Electricity: 26.06p per kWh

Standing charges

Electricity: 39.54p per day

London lower SC/higher unit rate 

yup Im London
Tempted to fix as there is no exit fees and then think about moving to TE but we dont know yet if new tracker will be more expensive or not. 

London E Tracker rate cheaper than some regions e.g North West that have higher SC as well as lower unit for flexible and fixed.

Tomorrow ( Tuesday)

North West Tracker 25.38p  - Fixed 25.36 p/kWh

London Tracker 24.14p    Fixed 26.06p per kWh

So you think tracker for londoners may still work out cheaper from April? 

Telegraph_Sam

There is a view that come April Tracker could become more expensive relative to rates for a fix.

I'm not convinced that comparing very small short term differences in p / kWh makes sense for variable rate tariffs. Only when these are sustained for a period of time.  With SC's it's different.

Telegraph_Sam

I am operating with one foot in the MSE Tracker forum but having moved to the 14-M Fix tariff whilst comparing both in the weeks ahead. Is there a "companion" blog for fixed people?

Podseas

Gas has a big impact on Elec prices as it powers the turbines when the wind doesnt blow and the sun is behind clouds. Front month wholesale gas prices have fallen from a high of 142p/therm to 106p/therm - a fall of 25%.
If the war in Ukraine ends and Russia resume pumping gas to Europe then gas wholesale prices could fall another 50%. Otoh if no resolutions are found they could start going back up.

Do you want certainty? Then fix.
Do you want chance of prices getting lots cheaper in the next few months? Stay on tracker.

Peco141

Does the Money saving Expert energy club still offer to auto switch people who sign up to the cheapest deal going? 

I'm on the Flexible Octopus for both Electricity and Gas and unclear what do to next.

Slinky

Don't know but topcashback are offering £44 cashback for energy movers today

Peco141

Cheers for this.  Can't seem to get it to load though

Telegraph_Sam

@nekromantik Seems like at present there are as many forecasters urging us to stay with Tacker in order to benefit from peace and goodwill in Ukraine as there are forecasters like Martin L and all stations west shouting at us to fix before it's too late.  That's the plus  of Octopus: unlike EDF & co one can sit on the fence in a fixed rate tarriff until the time is "ripe"  to move back to Tracker without  getting hammered with a £150 exit fee.  You'd need to be canny  to recoup that £££ in terms of p / kWh savings with normal consumption. Layman's view