Octopus Tracker

Doc_N

Sometimes I wonder whether we might be overthinking this………

Chrysalis

Historically my electric has always been higher than gas even in winter, this year I have used gas far more liberally so has exceeded electric in January and probably same to less extent for February, but over the year, electric will be the biggest cost, especially now my new boiler has no idle power light.

Telegraph_Sam

I'm trying to see if all tallies, tariff quotes with invoices, re prices incl and excl VAT. The tariff quotes are usually inclusive. But Tracker Dec 2023 seems to have vanished from All Our Tariffs Historical (at least for my area the North East). The invoiced unit prices vary by the day, making the task difficult, but  it should be possible to compare the SC's. Can anyone help?

Spoonie_Turtle

Prices for Dec 23 are still available at octopriceuk.app (which despite the name is a website)

Telegraph_Sam

Tks. That's useful to know. I thuink there is more than one such "Octo .." website each with its strenghts and weaknesses.

Valo

I got notice last Friday that my Octopus Tracker April 2024 (Gas) is coming to an end on 02/05/25.

I've called Octopus to see what my options are with regards to a fix with wholesale prices going up in April and was given this quote which I've went with.

Octopus 14m Fixed

6.18 /kWh

29.74p /day

£0 Exit Fee

Obviously it's more than what I'm currently paying with being on Tracker. I've got it setup to start after my Tracker ends, so that way I'm not giving up my ability to move back to Tracker if wholesale costs drop.

​I'm on a fixed income and trying my best to budget responsibly. 

I guess what I'm asking is do you think I've done the right thing or5 should I ask to move to the new Tracker?

masonic

Have you compared New Tracker with Agile, as it is likely the latter will be more competitive unless your peak time usage is high.

Valo

masonic said:

Have you compared New Tracker with Agile, as it is likely the latter will be more competitive unless your peak time usage is high.

No I haven't where should I look to compare them?

QrizB

Valo said:

masonic said:

Have you compared New Tracker with Agile, as it is likely the latter will be more competitive unless your peak time usage is high.

No I haven't where should I look to compare them?

From what you've said you're specifically looking at gas tariffs? If that's the case, I'm sorry but Agile is a red herring; there is no Agile tariff for gas.

Currently, gas Tracker is trending around 0.5p/kWh cheaper than the Octopus fixed rate deals. I don't have a crystal ball and can't say if that's going to continue, improve or get worse.

If you absolutely need a fixed price, take the fix; you can always switch to a cheaper fix if one appears. If you can accept a bit of variability, remain on Tracker.

Telegraph_Sam

Or go for the fix now and decide in April on whether or not to go back to Tracker.
It's worth working out just what difference comes to in practice. For fear of spending a lot of time over saving just a few pounds which are neither here nor there.