Octopus Tracker

Doc_N

https://forums.moneysavingexpert.com/discussion/comment/81933200#Comment_81933200

Yes. Unsurprisingly, Octopus paints a rather unrealistically glowing picture of Tracker by glossing over the way that they’ve hiked up their profit margin over and above the wholesale price. And by drawing a comparison only with the capped prices, and not the much cheaper fixes from other companies that have been available. Such as the 4.62p for gas (and an even lower later offer) from Ecotricity.

QrizB

And by drawing a comparison only with the capped prices, and not the much cheaper fixes

Through the perios they're comparing, I think I read that more than 80% of domestic customers were on the capped SVT. So their comparison is a fair one, in my opinion.

Given the current shortage of "much cheaper fixes" it will be interesting to see how many people are on the SVT when July's cap comes around.

(I was on a much cheaper fix with Zog at the end of 2021, but they went bust as prices surged and I ended up on the SVT with EDF until I switched to Octopus and Tracker.)

SAC2334

https://forums.moneysavingexpert.com/discussion/comment/81930662#Comment_81930662

Sticking with it .Only used £0.9 p of gas yesterday .Its not cold and the heating is not going on .Ukraine was a lot higher and I also did the same and just did not use gas or electric especially when Agile hit £0.99 p quite a few times .

when we get to July first the capped rate is going to be over 6 p and by that time Tracker will be £0.4 p so I don t want to take an 9 month ban

Doc_N

https://forums.moneysavingexpert.com/discussion/comment/81933514#Comment_81933514

I admire your optimism about the July Tracker price and I sincerely hope you're right. The way this is playing out though, thanks to the madmen involved, I fear that 40p might be as likely as 0.4p.

SAC2334

I think Tracker is capped at 12 p a kWh .Agile is capped at £1 which it went too occasionally with the Ukraine thing . I can t remember if we hit the capped on gas over Ukraine .

The fixes looked good in hindsight at around 5 p kWh but they have all gone and even Octopus has introduced an exit fee . Might be a good idea if we continue being led by someone in early stage dementia

t0rt0ise

Gas Tracker is capped at 30p.

JerryW

https://forums.moneysavingexpert.com/discussion/comment/81934116#Comment_81934116

My Apr 25 v1 tracker is capped at 100p for electricity. I have seen it up to 40p once or twice. Don't have gas.

Early stage dementia?!

SAC2334

https://forums.moneysavingexpert.com/discussion/comment/81934124#Comment_81934124

Thank you but any idea what it peaked at during the Russia /Ukraine times ?

QrizB

any idea what it peaked at during the Russia /Ukraine times ?

If I recall.correctly it was covered by the EPG, so it didn't see the full effect.

I think Tracker info from that period is available from the Energy Stats website, if you want to look for it.

Doc_N

https://forums.moneysavingexpert.com/discussion/comment/81934824#Comment_81934824

Is this of any use:

https://agilebuddy.uk/historic/tracker/2022