Octopus capped gas tariff

caveat_emptor

I'm in London and pay DD, can anyone tell me what this tariff is? Not the EPG, I know that, but the actual Octopus rate. They are not the same for my electricity.
Have asked Octopus but no reponse so far.

Spoonie_Turtle

https://octopus.energy/blog/energy-price-cap-oct-2022/

Scroll down for the tables

brook_heather

The Octopus rate IS the EPG rate just like every other supplier (remember the EPG has regional variations which are often simplified in the press to one number).  For London it is 10.510p.

https://www.edfenergy.com/sites/default/files/government_energy_price_guarantee_prices._standard_variable_deemed_and_welcome._credit_meters.pdf

[Deleted User]

brook_heather said:

The Octopus rate IS the EPG rate just like every other supplier (remember the EPG has regional variations which are often simplified in the press to one number).  For London it is 10.510p.

https://www.edfenergy.com/sites/default/files/government_energy_price_guarantee_prices._standard_variable_deemed_and_welcome._credit_meters.pdf

Spoonie_Turtle said:

https://octopus.energy/blog/energy-price-cap-oct-2022/

Scroll down for the tables

I don’t think it actually is though - don’t Octopus slightly discount (or is that just electricity)?

Even their own tables sort of say “these are the cap rates but we might be charging something different”

MWT

Deleted_User said:

brook_heather said:

The Octopus rate IS the EPG rate just like every other supplier (remember the EPG has regional variations which are often simplified in the press to one number).  For London it is 10.510p.

https://www.edfenergy.com/sites/default/files/government_energy_price_guarantee_prices._standard_variable_deemed_and_welcome._credit_meters.pdf

Spoonie_Turtle said:

https://octopus.energy/blog/energy-price-cap-oct-2022/

Scroll down for the tables

I don’t think it actually is though - don’t Octopus slightly discount (or is that just electricity)?

Even their own tables sort of say “these are the cap rates but we might be charging something different”

There is a 4% discount to the electricity standing charge (£6/year), gas doesn't get a discount AFAIK.

bristolleedsfan

MWT said:

Deleted_User said:

brook_heather said:

The Octopus rate IS the EPG rate just like every other supplier (remember the EPG has regional variations which are often simplified in the press to one number).  For London it is 10.510p.

https://www.edfenergy.com/sites/default/files/government_energy_price_guarantee_prices._standard_variable_deemed_and_welcome._credit_meters.pdf

Spoonie_Turtle said:

https://octopus.energy/blog/energy-price-cap-oct-2022/

Scroll down for the tables

I don’t think it actually is though - don’t Octopus slightly discount (or is that just electricity)?

Even their own tables sort of say “these are the cap rates but we might be charging something different”

There is a 4% discount to the electricity standing charge (£6/year), gas doesn't get a discount AFAIK.

"The exact % varies a tiny bit regionally, and is spread across both electricity and gas standing charges – but a typical dual fuel customer will get their standing charge just over 4% cheaper than the Guarantee."

No guarantee that it will last for 12 months being as previous loyalty SC discount lasted 6 months

MWT

bristolleedsfan said:

"The exact % varies a tiny bit regionally, and is spread across both electricity and gas standing charges – but a typical dual fuel customer will get their standing charge just over 4% cheaper than the Guarantee."

Yes, you're right, just noticed the calculations I was doing were all dual fuel ...

caveat_emptor

Thanks for your replies. What threw me was that Octopus discount the EPG electricity s/c rate and I tried to find out, unsuccessfully from Octopus, whether they did the same for gas. It seems that there is no dciscount for gas it is the EPG rate. Doh

t0rt0ise

caveat_emptor said:

Thanks for your replies. What threw me was that Octopus discount the EPG electricity s/c rate and I tried to find out, unsuccessfully from Octopus, whether they did the same for gas. It seems that there is no dciscount for gas it is the EPG rate. Doh

The gas s/c is slightly discounted too. The EPG according to EDF is 28.48 while Octopus's is 26.84 for SVT paying by DD.

caveat_emptor

t0rt0ise said:

caveat_emptor said:

Thanks for your replies. What threw me was that Octopus discount the EPG electricity s/c rate and I tried to find out, unsuccessfully from Octopus, whether they did the same for gas. It seems that there is no dciscount for gas it is the EPG rate. Doh

The gas s/c is slightly discounted too. The EPG according to EDF is 28.48 while Octopus's is 26.84 for SVT paying by DD.

Then w-t-h don't Octopus tell me there is a discount? The EPG table Octopus sent to me shows the gas s/c is 28.48 and that's it.
Where did you get your info from? 

[Deleted User]

caveat_emptor said:

t0rt0ise said:

caveat_emptor said:

Thanks for your replies. What threw me was that Octopus discount the EPG electricity s/c rate and I tried to find out, unsuccessfully from Octopus, whether they did the same for gas. It seems that there is no dciscount for gas it is the EPG rate. Doh

The gas s/c is slightly discounted too. The EPG according to EDF is 28.48 while Octopus's is 26.84 for SVT paying by DD.

Then w-t-h don't Octopus tell me there is a discount? The EPG table Octopus sent to me shows the gas s/c is 28.48 and that's it.
Where did you get your info from? 

Octopus EPG tables were (at one point, maybe they still are) just saying “this is the capped level”, they were not saying “this is what you will be charged”.