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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Like many should I stay on this tariff
I have heard rumours that in April energy prices 'could' go up by 70%
I was one of the household where the energy firm went bust and we were put with Octopus energy
My current tariff is as follows :-
Flexible Avro
Unit rates. Electricity: 21.80p per kWh , Gas: 4.02p per kWh
Standing charges Electricity: 23.50p per day, Gas: 26.11p per d
Should I consider a fixed tariff ... or is this one a decent one ?
I was one of the household where the energy firm went bust and we were put with Octopus energy
My current tariff is as follows :-
Flexible Avro
Unit rates. Electricity: 21.80p per kWh , Gas: 4.02p per kWh
Standing charges Electricity: 23.50p per day, Gas: 26.11p per d
Should I consider a fixed tariff ... or is this one a decent one ?
0
Comments
-
Which fixes are showing as available to you, and how do the unit rates and standing charges compare?🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25
Balance as at 31/08/25 = £ 95,450.00. Balance as at 31/12/25 = £ 91,100.00
SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
Your flexible tariff will increase by around 54% on April 1st. Compare any fixed tariffs to that and factor in any possible increase in October. Which maybe 20% and upwards.
0 -
You're on a capped variable tariff. At some stage it will increase but will continue to be capped.I very much doubt that you will find a cheaper fixed tariff, although some of the current fixed tariffs *might* be cheaper following the next increase in October.N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.0 -
Daft question..How did you know I was a capped variable tariff and does the mean it will still go up by 54% in April ?0
-
smallzoo2 said:Daft question..How did you know I was a capped variable tariff and does the mean it will still go up by 54% in April ?Because it's called "Flexible Avro", and the forum has been discussing it for months
Yes, it will go up, and (if you're Ofgem's average user) it will go up by around 54%.Octopus will contact you with your new rates, probably in the next few days. you can expect them to be as shown in this table.N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.0 -
smallzoo2 said:Daft question..How did you know I was a capped variable tariff and does the mean it will still go up by 54% in April ?October can change your tariff at any time but can't increase it past the cap.54% is only applicable if you are the exact same usage as the examples by Ofgen. Your actual bill will go up by anything depending on your usage. Your gas for example could go up by nearly 100%.0
-
Thanks everyone... thats really quite frightening... there are going to be millions of people in trouble this year0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards