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Octopus Energy takes on Avro customers

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Comments

  • It's a fair deal Octopus are giving a serial switcher ex Avro customer like me especially in current climate. I had a good run with First utility, Bulb and then Avro but nothing good lasts forever, I really hope Octopus make a good job of being the SoLR, It will surely help keep the 'traditional' big 6 in check and I personally would not have wanted to end up at BG.

    For me I've already accepted my energy costs are going up and I 'think' my DD will be around £190 with my usage which is £50 more than my last DD I was paying Avro, I've factored that extra cost in already and if prices come back down to sensible levels I think? Octopus are intelligent enough to offer some decent fixed tariffs. (sometime next year hopefully) 
  • xlnc99
    xlnc99 Posts: 1,673 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    Excuse me for trying to help people save money and warn them about how expensive OCT is. I mean, just doing quotes show at least a dozen cheaper tarrifs then OCT. 
    Fixed or variable? Show me a variable tariff that's cheaper than Octopus and you may have a point.
    Why would u go for variable at this moment in time? Prices are going on way and that is up! Variable is a no go for anyone so before you know your bill will sky rocket
    The reason to go for variable right now is they are significantly cheaper, due to the cap preventing an appropriate price being charged. The fixed tariffs available for new customers will cost substantially more for the approaching winter.
    Yes they are cheaper now but you can guarantee they will sky rocket in the next month or two. The cap means nothing - all that means is to stop ridiculous prices, like the very extreme. But that does not stop variable prices shooting up and it will no doubt be more then the fixed prices come or two months time. By then the fixed prices will also increase for new customers
    No. When a price is essentially already at the cap it DOES prevent the price shooting up, until the cap itself is increased.

    Yes but the CAP is probably so high and expensive that it wont reach there. My point is the CAP is just for extortionate measures rather then anything else. People getting to wrapped up in this cap issue. Even with the cap in place companies are charging ridiculous amounts
  • xlnc99
    xlnc99 Posts: 1,673 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    edited 25 October 2023 at 9:41PM
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    Excuse me for trying to help people save money and warn them about how expensive OCT is. I mean, just doing quotes show at least a dozen cheaper tarrifs then OCT. 
    Fixed or variable? Show me a variable tariff that's cheaper than Octopus and you may have a point.
    Why would u go for variable at this moment in time? Prices are going on way and that is up! Variable is a no go for anyone so before you know your bill will sky rocket
    The reason to go for variable right now is they are significantly cheaper, due to the cap preventing an appropriate price being charged. The fixed tariffs available for new customers will cost substantially more for the approaching winter.
    Yes they are cheaper now but you can guarantee they will sky rocket in the next month or two. The cap means nothing - all that means is to stop ridiculous prices, like the very extreme. But that does not stop variable prices shooting up and it will no doubt be more then the fixed prices come or two months time. By then the fixed prices will also increase for new customers
    If you believe that a £10 a year increase in costs is ‘skyrocketing’ then yes Octopus could give 30 days notice of that amount of increase. At the point, the tariff would equal the Cap which is ‘fixed’ until April 2022 UNLESS Ofgem decides to change the Cap to make it more representative of wholesale prices. No one is making consumers stay with Octopus. They are free to switch suppliers once Octopus has taken over the supply from Avro. 
    Its not the £10 increase that is the problem but rather the current prices. Whats a £10 increase from their already high prices - nothing. Its marketing strategy to make you belive. For example a low price company can have a £200 increase and still be cheaper then a company that is very expensive has a £100 decrease the following year

    Your looking at the wrong things - you just need to look at the tarrifs nothing else
  • Ultrasonic
    Ultrasonic Posts: 4,265 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    Excuse me for trying to help people save money and warn them about how expensive OCT is. I mean, just doing quotes show at least a dozen cheaper tarrifs then OCT. 
    Fixed or variable? Show me a variable tariff that's cheaper than Octopus and you may have a point.
    Why would u go for variable at this moment in time? Prices are going on way and that is up! Variable is a no go for anyone so before you know your bill will sky rocket
    The reason to go for variable right now is they are significantly cheaper, due to the cap preventing an appropriate price being charged. The fixed tariffs available for new customers will cost substantially more for the approaching winter.
    Yes they are cheaper now but you can guarantee they will sky rocket in the next month or two. The cap means nothing - all that means is to stop ridiculous prices, like the very extreme. But that does not stop variable prices shooting up and it will no doubt be more then the fixed prices come or two months time. By then the fixed prices will also increase for new customers
    No. When a price is essentially already at the cap it DOES prevent the price shooting up, until the cap itself is increased.

    Yes but the CAP is probably so high and expensive that it wont reach there. 
    No. It's where we're at NOW, bar the generosity of Octopus to offer slightly less than this fir the Avro customers being discussed.
  • xlnc99
    xlnc99 Posts: 1,673 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    edited 25 October 2023 at 9:41PM
    bagand96 said:
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    Excuse me for trying to help people save money and warn them about how expensive OCT is. I mean, just doing quotes show at least a dozen cheaper tarrifs then OCT. 
    Fixed or variable? Show me a variable tariff that's cheaper than Octopus and you may have a point.
    Why would u go for variable at this moment in time? Prices are going on way and that is up! Variable is a no go for anyone so before you know your bill will sky rocket
    The reason to go for variable right now is they are significantly cheaper, due to the cap preventing an appropriate price being charged. The fixed tariffs available for new customers will cost substantially more for the approaching winter.
    Yes they are cheaper now but you can guarantee they will sky rocket in the next month or two. The cap means nothing - all that means is to stop ridiculous prices, like the very extreme. But that does not stop variable prices shooting up and it will no doubt be more then the fixed prices come or two months time. By then the fixed prices will also increase for new customers
    If you believe that a £10 a year increase in costs is ‘skyrocketing’ then yes Octopus could give 30 days notice of that amount of increase. At the point, the tariff would equal the Cap which is ‘fixed’ until April 2022 UNLESS Ofgem decides to change the Cap to make it more representative of wholesale prices. No one is making consumers stay with Octopus. They are free to switch suppliers once Octopus has taken over the supply from Avro. 
    You can lead a horse to water, but you can't make it drink.

    This poster has had the situation explained many times over yesterday and today but for some reason the message isn't getting through.

    I get the situation i just dont agree and i cant understand why everyone is happy to go with OCT. NEON REEF 16p for Electricity which is so cheap. No-one will beat that compared to OCT who will be around 23p at least.

    Why would u stay?  Please explain to me why you wont go with NEON. Ive not heard of them before yesterday but if they go bust in 3 months then switch again
  • xlnc99
    xlnc99 Posts: 1,673 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    Excuse me for trying to help people save money and warn them about how expensive OCT is. I mean, just doing quotes show at least a dozen cheaper tarrifs then OCT. 
    Fixed or variable? Show me a variable tariff that's cheaper than Octopus and you may have a point.
    Why would u go for variable at this moment in time? Prices are going on way and that is up! Variable is a no go for anyone so before you know your bill will sky rocket
    The reason to go for variable right now is they are significantly cheaper, due to the cap preventing an appropriate price being charged. The fixed tariffs available for new customers will cost substantially more for the approaching winter.
    Yes they are cheaper now but you can guarantee they will sky rocket in the next month or two. The cap means nothing - all that means is to stop ridiculous prices, like the very extreme. But that does not stop variable prices shooting up and it will no doubt be more then the fixed prices come or two months time. By then the fixed prices will also increase for new customers
    No. When a price is essentially already at the cap it DOES prevent the price shooting up, until the cap itself is increased.

    Yes but the CAP is probably so high and expensive that it wont reach there. 
    No. It's where we're at NOW, bar the generosity of Octopus to offer slightly less than this fir the Avro customers being discussed.

    Genorisity? You are kidding right? No-one knows what they offering as of yet. They say it wont be as high as their own tarrifs well thats because they fully well know no-one is going to stick with them if it was! Even no - with the decrease and discount for ex avro customers it will still be very high
  • Ultrasonic
    Ultrasonic Posts: 4,265 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 27 September 2021 at 3:59PM
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    Excuse me for trying to help people save money and warn them about how expensive OCT is. I mean, just doing quotes show at least a dozen cheaper tarrifs then OCT. 
    Fixed or variable? Show me a variable tariff that's cheaper than Octopus and you may have a point.
    Why would u go for variable at this moment in time? Prices are going on way and that is up! Variable is a no go for anyone so before you know your bill will sky rocket
    The reason to go for variable right now is they are significantly cheaper, due to the cap preventing an appropriate price being charged. The fixed tariffs available for new customers will cost substantially more for the approaching winter.
    Yes they are cheaper now but you can guarantee they will sky rocket in the next month or two. The cap means nothing - all that means is to stop ridiculous prices, like the very extreme. But that does not stop variable prices shooting up and it will no doubt be more then the fixed prices come or two months time. By then the fixed prices will also increase for new customers
    No. When a price is essentially already at the cap it DOES prevent the price shooting up, until the cap itself is increased.

    Yes but the CAP is probably so high and expensive that it wont reach there. 
    No. It's where we're at NOW, bar the generosity of Octopus to offer slightly less than this fir the Avro customers being discussed.

    Genorisity? You are kidding right? No-one knows what they offering as of yet. They say it wont be as high as their own tarrifs well thats because they fully well know no-one is going to stick with them if it was! Even no - with the decrease and discount for ex avro customers it will still be very high
    No. As many have explained we know what the offer is.
  • johnbhoy70
    johnbhoy70 Posts: 238 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    edited 27 September 2021 at 3:56PM
    Maybe ask yourself the question why many of us on a money saving forum who have heard of Neon plenty times in here have not moved to them??
  • xlnc99
    xlnc99 Posts: 1,673 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    xlnc99 said:
    Excuse me for trying to help people save money and warn them about how expensive OCT is. I mean, just doing quotes show at least a dozen cheaper tarrifs then OCT. 
    Fixed or variable? Show me a variable tariff that's cheaper than Octopus and you may have a point.
    Why would u go for variable at this moment in time? Prices are going on way and that is up! Variable is a no go for anyone so before you know your bill will sky rocket
    The reason to go for variable right now is they are significantly cheaper, due to the cap preventing an appropriate price being charged. The fixed tariffs available for new customers will cost substantially more for the approaching winter.
    Yes they are cheaper now but you can guarantee they will sky rocket in the next month or two. The cap means nothing - all that means is to stop ridiculous prices, like the very extreme. But that does not stop variable prices shooting up and it will no doubt be more then the fixed prices come or two months time. By then the fixed prices will also increase for new customers
    No. When a price is essentially already at the cap it DOES prevent the price shooting up, until the cap itself is increased.

    Yes but the CAP is probably so high and expensive that it wont reach there. 
    No. It's where we're at NOW, bar the generosity of Octopus to offer slightly less than this fir the Avro customers being discussed.

    Genorisity? You are kidding right? No-one knows what they offering as of yet. They say it wont be as high as their own tarrifs well thats because they fully well know no-one is going to stick with them if it was! Even no - with the decrease and discount for ex avro customers it will still be very high
    No. As many have explained we know exactly what the offer is.
    Please share - (dont be generic and say less then what they are offering their customers)
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