Octopus add "View my balance forecast" how accurate is yours?

Chrysalis

My last 3 monthly bills based on actual readings are all under £80.

My winter usage is almost the same as my summer usage, they have this on my account data for previous years.

Their balance forecast estimates £220 month for summer months and £380 for winter months, oh its so broken lol.

Mstty

Oh hail "Kraken" the saviour of energy software being rolled out to other companies too.

Maybe give them feedback and this will help them develop their software?

Chrysalis

My experience is Octopus dont like been told something is wrong, so I will give it a pass

(they have also already been told their annual prediction is way off for me, I assume this is the same thing, but now they breaking it down month by month).

QrizB

Chrysalis said:

My last 3 monthly bills based on actual readings are all under £80.

My winter usage is almost the same as my summer usage, they have this on my account data for previous years.

Their balance forecast estimates £220 month for summer months and £380 for winter months, oh its so broken lol.

Ah, but they remember that you used to be using 30kWh/day ...

(Sorry!)

charybdis26

Given that I'm currently in credit, an imminent switch from Fixed to SVT, the anticpated but as yet unknown October price hikes, the 6 x £66.66 government top-ups to electricity bills -  I won't be paying too much heed to their suggested £2/month reduction to my DD just yet. Too much uncertainty.

Xbigman

I just took a look and its not there for me. Maybe because I'm on Agile and it would be a bit meaningless. Well done Octopus for trying to add a new feature. 


Darren

QrizB

Xbigman said:

I just took a look and its not there for me. Maybe because I'm on Agile and it would be a bit meaningless.

Not for me either (Go and Tracker, so equally meaningless).

Well done Octopus for trying to add a new feature.

Yes, if it helps illustrate the way budget DDs work it should be a good thing.

Chrysalis

QrizB said:

Chrysalis said:

My last 3 monthly bills based on actual readings are all under £80.

My winter usage is almost the same as my summer usage, they have this on my account data for previous years.

Their balance forecast estimates £220 month for summer months and £380 for winter months, oh its so broken lol.

Ah, but they remember that you used to be using 30kWh/day ...

(Sorry!)

Haha I know why its broken on my account.  Although the winter usage algorithm would still be broken as it assumes everyone uses more in winter vs the summer which doesnt apply to everyone.

Chrysalis

Xbigman said:

I just took a look and its not there for me. Maybe because I'm on Agile and it would be a bit meaningless. Well done Octopus for trying to add a new feature. 


Darren

How are the agile off peak unit rates currently?

Alnat1

I've got something showing on "my account" online that I hadn't noticed before, might be new.

A box above the "refer friends" has appeared, titled Today's Octopus Tracker costs.

Says Electricity £2.63 Gas £0.85 then a pink box "Launcher Tracker" which shows 4 slides but nothing actually launches.

If the costs are an estimate of what I should use today they are both high, yesterday was £0.58 electric and £0.48 gas and the previous days similar amounts

I only went on to tracker last week, maybe it's been there since and I hadn't seen it.