Octopus Tracker

masonic

Telegraph_Sam said:

masonic said:

Bendo said:

Not sure why anyone would consider tracker for Electricity though, Agile, even with almost zero effort to load shift easily undercuts tracker for me.

Based on the last 24 days (Total exc standing charge / Total inc standing charge)

Agile: £12.93 / £26.10

Tracker: £14.30 / £25.82

E7 1yr fix: £13.98 / £25.43

Flexible: £17.54 / £29.06

Tracker (the currently available version) comes in close to the fixed E7 tariff I am currently on. Agile is not much use to me at the moment due to the high standing charges - lowest energy cost but high total cost. If Octopus launched a new Agile version with standing charges in line with their other tariffs I'd be all over it.

I don't quite follow. Whilst there's precious little difference, surely these figures (inc SC) show that Tracker is competitive. More to the point, the differences are so small as to be disguised / outweighed by Agile's yo-yo-ing.

They do show that Tracker is competitive, and that there is a reason why someone may consider Tracker for electricity vs Agile. But not me as I am blocked from going on Tracker again until November (though I haven't attempted it, so cannot say for sure). Hence I am staying put on the E7 1yr fix for now, but as I said, Tracker comes very close based on my usage. There is very little point, to my mind, in exposing myself to the risk of high prices, when ordinary prices do not give me any saving.

Doc_N

masonic said:

Telegraph_Sam said:

masonic said:

Bendo said:

Not sure why anyone would consider tracker for Electricity though, Agile, even with almost zero effort to load shift easily undercuts tracker for me.

Based on the last 24 days (Total exc standing charge / Total inc standing charge)

Agile: £12.93 / £26.10

Tracker: £14.30 / £25.82

E7 1yr fix: £13.98 / £25.43

Flexible: £17.54 / £29.06

Tracker (the currently available version) comes in close to the fixed E7 tariff I am currently on. Agile is not much use to me at the moment due to the high standing charges - lowest energy cost but high total cost. If Octopus launched a new Agile version with standing charges in line with their other tariffs I'd be all over it.

I don't quite follow. Whilst there's precious little difference, surely these figures (inc SC) show that Tracker is competitive. More to the point, the differences are so small as to be disguised / outweighed by Agile's yo-yo-ing.

They do show that Tracker is competitive, and that there is a reason why someone may consider Tracker for electricity vs Agile. But not me as I am blocked from going on Tracker again until November (though I haven't attempted it, so cannot say for sure). Hence I am staying put on the E7 1yr fix for now, but as I said, Tracker comes very close based on my usage. There is very little point, to my mind, in exposing myself to the risk of high prices, when ordinary prices do not give me any saving.

Much the same view here.  Loyal Octopus 14M Fixed March 2025 v4 provides electricity at 23.03p and gas at 5.74p for East Midlands.  Tracker would be marginally lower, but at this time of the year any savings would be minimal and I'd lose the safeguard potentially provided by the fix over next winter.

Telegraph_Sam

General concensus of views except that I believe I could switch back into Tracker tomorrow, technically.  Or into Agile. I have yet to do a proper Octopus Compare (a pre-requisit), but in my mind any Agile figures need to be interpreted subject to a "margin of volatility" in order to arrive at a degree of comparability.

pete-20-11

Just switch to agile. Give it a go for a month. See how you get on. 

Telegraph_Sam

I could have posted this comment on the Agile and Fixed forums also:

I happened to notice the following headlines when google-surfing yesterday

"British Gas, EDF, E.On + Octopus customers urged to make £258 change before July"
"Fixed deals are offering rare value right now with some providers pricing well below the price cap in order to win new customers" [Grant Store" or "Grant Story"]

I am on the 14-Month March Loyalty Fix.  Depending on one's interpretation of the above one could argue that now could be a particularly ill-advised time to try to play the market as far as switching between fixed and variable deals is concerned.

pearl123

Today I rejoined Octopus tracker from an Octopus Fixed Tarrif. It look like it gone through, but I wasn't aware to the 9 months rule. Do you know if there is a penalty. Is it worth chatting to them via twitter. 

Spoonie_Turtle

pearl123 said:

Today I rejoined Octopus tracker from an Octopus Fixed Tarrif. It look like it gone through, but I wasn't aware to the 9 months rule. Do you know if there is a penalty. Is it worth chatting to them via twitter. 

No the 'penalty' is, if you leave Tracker (leaving, rather than your tariff coming to an end and not renewing) you just can't rejoin for 9months afterwards.  But there's been some talk about it not applying if one left in the final 49 days of one's previous term, and it's always possible they can manually override it anyway.  It's just there to stop people hopping off for a month or two of high prices before rejoining when the price goes back down.  The standard is 30days between switching smart tariffs, they just put the 9month thing in place when people were joining Tracker in droves because it was recommended by external non-energy-specific websites.

pearl123

Spoonie_Turtle said:

pearl123 said:

Today I rejoined Octopus tracker from an Octopus Fixed Tarrif. It look like it gone through, but I wasn't aware to the 9 months rule. Do you know if there is a penalty. Is it worth chatting to them via twitter. 

No the 'penalty' is, if you leave Tracker (leaving, rather than your tariff coming to an end and not renewing) you just can't rejoin for 9months afterwards.  But there's been some talk about it not applying if one left in the final 49 days of one's previous term, and it's always possible they can manually override it anyway.  It's just there to stop people hopping off for a month or two of high prices before rejoining when the price goes back down.  The standard is 30days between switching smart tariffs, they just put the 9month thing in place when people were joining Tracker in droves because it was recommended by external non-energy-specific websites.

Thank you. 
It appears to have let me re-join before the 9 months. Whether, Tracker is a wise move - I don't know. 
I suppose, I was hoping that energy costs would fall over summer. 

Telegraph_Sam

If energy costs do fall (significantly) over the summer, leaving those on fixes high and dry, then the latter always have the option to switch, if Octopus' no exit fee policy continues to apply. It's what they call riding two horses, if I have understood correctly

SJMALBA

Received notification today that my gas Tracker is coming to an end soon (it's 49 days from the end date) - if I renew now on Tracker April 2025 v2 (by clicking on the email link?), does the current fixed-term run its course, or is it an immediate switch?