Octopus Tracker

LessThanSte

That's kinda what I'm doing. The savings up until Iran kicked off Vs the cap have more than offset the extra costs since then. I'm not sure what it would've been feasible to get a fixed rate at, but my average rate for the last 6 months is around 20% less than the cap.

For what it's worth tomorrow's rate is back below the gas cap.. And electricity a nice round 10p/kWh. Lovely.

akh43

https://forums.moneysavingexpert.com/discussion/comment/81955434#Comment_81955434

Still on the gas tracker, but only 35 days away from end of contract now. Looked at the newest version of tracker and that is even more expensive than my version so planning to move to flexible and will see how things go when the increase kicks in in July as assume I will be able to go back to the tracker again as within my period when no penalty for leaving. It will be weird going on the price cap after all these years but at least will give me stability for now. Still on Agile for my Electric, which seems to be working out much better for now.

Boohoo

https://forums.moneysavingexpert.com/discussion/comment/81988316#Comment_81988316

The way this Iran situation is going I think it would be wise to switch now as I think you can leave penalty free as you are inside the window.

The price cap will almost certainly go up so look around for a fixed as you will have some certainty for the next year or so unless the company you move to go belly up

akh43

https://forums.moneysavingexpert.com/discussion/comment/81988316#Comment_81988316

I applied to switch from Tracker to Flexible last week and got confirmation that this had been done, but they have said it will apply at the end of my contract in June, not happy with this so contacted them on Instagram and they said

By waiting until the 9th, you’re finishing your term properly. This means if you ever change your mind later and want to come back to the Tracker, you won't be blocked by that 9-month wait!I can still change it for you today if you're in a hurry, but you'd lose that flexibility. Does that make sense, or would you still prefer us to move you over today?

So I have sent them the page where it states I can leave early as they don't seem to know what they put on their website https://octopus.energy/blog/tracker-agile-the-iran-war-and-rising-wholesale-prices-what-you-need-to-know/

FreeBear

https://forums.moneysavingexpert.com/discussion/comment/81988316#Comment_81988316

I bailed on Tracker at the beginning of 2025. Most of my gas consumption is during the winter months, so that's where the savings would be. Looking at https://dashboards.energy-stats.uk/ and reviewing the numbers, it looks like going to a fixed was the correct choice. Looking at electricity, which is a fairly fixed cost from month to month, the savings on Tracker would have been minimal.

Agile is a little to volatile for my taste.

MWT

https://forums.moneysavingexpert.com/discussion/comment/81994293#Comment_81994293

The page you linked says you can move any time but you will be locked out for 9 months if you do move early… ?

bristolleedsfan

Taken from linked page -

oldandwizend

With the imminent announcement of the new capped tariffs is it not very likely that for those who are not already of fixed tariffs and who are prepared to 'gamble' then Tracker could again be an attractive option?

for my region, the average Tracker v Flex tariffs since the start of the Iran (or should that be Trump's)

oldandwizend

Computer glitch so will continue previous comment.

With the imminent announcement of the new capped tariffs is it not very likely that for those who are not already of fixed tariffs and who are prepared to 'gamble' then Tracker could again be an attractive option?

For my region, the average Tracker v Flex tariffs since the start of the Iran (or should that be Trump's) disruptive action, have been 24.9 v 25.23 for electricity and 6.51 v 5.8 for gas.

Unless there is more major disruption to supplies then one would assume that Tracker prices would remain around this average thereby making it again a viable alternative.

QrizB

With the imminent announcement of the new capped tariffs is it not very likely that for those who are not already of fixed tariffs and who are prepared to 'gamble' then Tracker could again be an attractive option?

I don't see exactly how those two bits in bold are related, unless you're expecting the US to agree that Iran has won, withdraw from the Gulf, Iran to open the Straitnof Hormuz and wholesale energy prices to plummet.

It looks to me as though gas prices in particular could remain high for some time. Electricity prices will depend on whether wind and solar decide to co-operate.

For my region, the average Tracker v Flex tariffs ... have been 24.9 v 25.23 for electricity and 6.51 v 5.8 for gas.

That's a 1.5% saving on electricity and a 12% increase on gas.

Unless there is more major disruption to supplies

There are seasonal influences too. Before too long Europe is going to want to start filling its gas storage in preparation for winter 26/27. That usually results in an increase in gas demand in the second half of the year.