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Octopus Tracker

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Comments

  • LessThanSte
    LessThanSte Posts: 46 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker

    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
    akh43 Posts: 1,651 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic

    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
    Boohoo Posts: 1,827 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    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
    akh43 Posts: 1,651 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 11 May at 12:26PM

    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
    FreeBear Posts: 18,426 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic

    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.

    Any language construct that forces such insanity in this case should be abandoned without regrets. –
    Erik Aronesty, 2014

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • MWT
    MWT Posts: 10,963 Forumite
    10,000 Posts Sixth Anniversary Name Dropper

    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
    bristolleedsfan Posts: 12,956 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    Taken from linked page -

    Screenshot (653).png
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