Octopus Tracker

flyingscotno1

Mstty said:

flyingscotno1 said:

Based on October predictions and January too, there may be some value in Octopus tracker as time goes on, if not immediately. 

Yeah it's a bit of a mind bender, given that I think the price cap will be somewhere near those capped rate tracker come Jan 2023. But that is some 5 months away in which you will potentially be paying more than cap.

Mind blown, brain cell needs a rest

Agreed. Depends what wholesale rates do however with the tracker - but would anyone bet on them stablising?

tomp2494

Well today is the first day in a little while the price is below the 40p. It's about 36p for me today. Looks like tomorrow will be slightly under too, at 37p or 38p.

Mstty

Out of interest is it the same calculation and price on the latest tracker product? As in are they all the same when it comes to the daily price just the caps different.

SJMALBA

tomp2494 said:

Well today is the first day in a little while the price is below the 40p. It's about 36p for me today. Looks like tomorrow will be slightly under too, at 37p or 38p.

37.48p/kWh for me today; 39.21p/kWh tomorrow.

July was an expensive month for Tracker; August is off to an even worse start than July...

tomp2494

SJMALBA said:

tomp2494 said:

Well today is the first day in a little while the price is below the 40p. It's about 36p for me today. Looks like tomorrow will be slightly under too, at 37p or 38p.

37.48p/kWh for me today; 39.21p/kWh tomorrow.

July was an expensive month for Tracker; August is off to an even worse start than July...

Indeed. I can't see there being any days where the price is at or below the current cap! I reckon it's high 30's or the 40p cap from here on in.

Just have to hope Octopus don't put up the prices after the new caps are announced! 

SJMALBA

For me, Tracker's average daily unit rates in July:

Electricity - 36.95p/kWh (SVT is 27.9p/kWh).

Gas - 9.34p/kWh (SVT is 7.33p/kWh)

Haven't received my bill yet, but on the basis of the provisional charges, it looks like Tracker will cost circa £7 more than SVT for July, and that's the lowest energy use month of the year.

Chrysalis

niktheguru said:

Its rather crazy how many of octopus' call centre and email staff don't know how these tariffs work. When I enquired re tracker gas I was also given incorrect information. I was also told there was a "waiting list" and I had to sign up online.....they then emailed me the tracker online link which unsurprisingly says I need to call them to sign up. (which i had already done) I have been on tracker a couple of years ago and know how the tariff works, its a shame their staff dont and give out misleading information to many customers!

Yeah, well I left it and decided to leave it be, a week or so later got a reply saying they seen my emails and they put me on v3.  So now I am on agile and v3.

tlcgrantham

I thought the good times had returned when I checked the Guy Lipman Gas Tracker page when it showed todays price at 6.61p/kwh but later the Octopus site showed 10.51p/kw/h. Still it’s the cheapest for 2 weeks.

SAC2334

milo_2020 said:

I think in January we will see a larger rise than expected, the October one has gone up twice since the estimations came out from Cornwall. I can't see it coming down - it's not in big corporations favor anyway to reduce the cost, why would they when people will go into debt and pay it?

I wonder who will be footing the bill with all the jumped meters?

As a meter reader for 20 years I can say that  all the "jumped meters " will quadruple this year  and so will the subbed and reversed gas meters . Who foots the bill ? the honest payers foot the bill of course like they always have done

Mstty

The good thing is gas usage is low right now or should be for everyone and only 2 months til October and the expected 14-15p kwh price cap rate should make all on gas tracker v3 feel better.