Octopus Tracker

anon_ymous

https://forums.moneysavingexpert.com/discussion/comment/81912277#Comment_81912277

I find that the free coffee is all gone 90% of the time :(

QrizB

Free coffee is the reason I am sticking with Octopus (for now). It's Cafe Nero for me and latte grande is £4.30 around here → £17.20 pcm → a little below £200 pa

What's your secret for getting four free coffees a week? I think I've managed two in the past year, the codes are always gone!

Also, I thought you could only get regular-sized ones?

(Apologies that this is off-topic, I'm really not sure it's worth a separate thread!)

jadex

https://forums.moneysavingexpert.com/discussion/comment/81912299#Comment_81912299

No secret at all…it is Monday 6:10am alarm clock :)
You can get any size, any milk, any syrup, so I always take the biggest one with syrup (caramel or vanilla)

anon_ymous

https://forums.moneysavingexpert.com/discussion/comment/81912306#Comment_81912306

I used to get coffees more easily before they changed it lol

Lorian

Don't forget the +30p for free for the seasonal beans, the Brazil at the moment is ok.

Crazy_Diamond

I switched from the Octopus tracker for gas to Ecotricity on Monday. It was the best option in the cheap energy club at just 4.31 kwh but a high standing charge of 55p and £75 switching charge. Very glad I switched then as tracker is now showing 6.69 kwh and we were due to go to the even higher new version in April.

Now just a bit worried that Ecotricity can afford the low rates and will not go bust.

Sticking with octopus for electrictity for now as on an ev tariff.

MWT

https://forums.moneysavingexpert.com/discussion/comment/81912856#Comment_81912856

Now just a bit worried that Ecotricity can afford the low rates and will not go bust.

Hopefully that price was based on the energy they had already committed to on the futures market, so short term changes will not really impact them too much.

debitcardmayhem

https://forums.moneysavingexpert.com/discussion/comment/81913184#Comment_81913184

Except do you think that they have committed to say 10% extra in the hope that they will need 10% more because that many people will switch?

QrizB

Except do you think that they have committed to say 10% extra in the hope that they will need 10% more because that many people will switch?

Suppliers generally limit sign-ups to fixed-rate tariffs to match how much energy they've purchased. Once they've got enough customers, they'll close the tariff to new switches.

Doc_N

https://forums.moneysavingexpert.com/discussion/comment/81912856#Comment_81912856

This might give you a little reassurance about Ecotricity:

"Hedging

Ecotricity follow a hedging policy to manage risk effectively. Forward contracts are entered into
for the delivery of electricity and gas to help mitigate uncertainty surrounding wholesale costs.

For customers on variable tariffs, the hedging strategy is driven by the need to purchase power
and gas in advance in order to meet the customer demand, whilst staying in line with Ofgem’s
price cap methodology. This is accomplished via forward bilateral purchasing using a risk
mitigation strategy.

For customers on fixed tariffs, Ecotricity’s strategy is to hedge with a bespoke agreement with a
counterparty for power on a ‘buy-on-demand’ basis.

These contracts will be settled through physical delivery of electricity and gas, rather than cash.

The Company expects to take delivery of the full volume of electricity and gas as contracted and
bears all volumetric risk."

Pretty much as you'd expect and hope.