We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

I *think* Octopus has offered me a decent fixed rate

A_Star
A_Star Posts: 361 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
My Octopus Go (cheap 4 hours overnight, used mainly for car charging) comes to an end March 22nd.  They've emailed me the below offer.

Based on Martin's video saying a fix would need to be 44% more than today's cap, or 59% more if we assume the cap will increase again, then I think this is a pretty good switch.

I'd appreciate if someone could cast their eye over it and confirm my thinking.  It's difficult to compare because on the face of it, the flexible rate is better because it's below the current cap.

Comments

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.4K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.3K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.