Some good news in the latest predictions

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MsttyMstty Forumite
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Good not fantastic 


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  • MsttyMstty Forumite
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    Could this mean some lower than EPG fixes appearing on the market soon?

    I wouldn't put it past the forward thinking Octopus machine.
  • MattMattMattUKMattMattMattUK Forumite
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    Mstty said:
    Could this mean some lower than EPG fixes appearing on the market soon?
    I doubt it purely because there is little to no incentive for the suppliers to do so. The EPG means that they can sit pretty and the number of people potentially moving will remain very low.
    Mstty said:
    I wouldn't put it past the forward thinking Octopus machine.
    I think Octopus seem to be wanting to really push into ToU tariffs at the moment, they have their EV tariffs and have just launched their heat pump tariff (Cosy), as well as their dynamic tariffs, I expect they play to push into more granular ToU tariffs in the future rather than bog standard fixes. 
  • CanNeverThinkOfAUsernameCanNeverThinkOfAUsername Forumite
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    Oh this does look like good news!
  • EssexHebrideanEssexHebridean Forumite
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    A cautious "That looks hopeful" then... 
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  • MsttyMstty Forumite
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    Mstty said:
    Could this mean some lower than EPG fixes appearing on the market soon?
    I doubt it purely because there is little to no incentive for the suppliers to do so. The EPG means that they can sit pretty and the number of people potentially moving will remain very low.
    Mstty said:
    I wouldn't put it past the forward thinking Octopus machine.
    I think Octopus seem to be wanting to really push into ToU tariffs at the moment, they have their EV tariffs and have just launched their heat pump tariff (Cosy), as well as their dynamic tariffs, I expect they play to push into more granular ToU tariffs in the future rather than bog standard fixes. 
    Maybe someone like Octopus will see this as a way of getting a larger market share, they are known for their forward thinking.

    I suspect April 1st would be a good time for them or another company to pull a rabbit and return to a bit of competition?
  • spot1034spot1034 Forumite
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    Mstty said:
    Mstty said:
    Could this mean some lower than EPG fixes appearing on the market soon?
    I doubt it purely because there is little to no incentive for the suppliers to do so. The EPG means that they can sit pretty and the number of people potentially moving will remain very low.
    Mstty said:
    I wouldn't put it past the forward thinking Octopus machine.
    I think Octopus seem to be wanting to really push into ToU tariffs at the moment, they have their EV tariffs and have just launched their heat pump tariff (Cosy), as well as their dynamic tariffs, I expect they play to push into more granular ToU tariffs in the future rather than bog standard fixes. 
    Maybe someone like Octopus will see this as a way of getting a larger market share, they are known for their forward thinking.

    I suspect April 1st would be a good time for them or another company to pull a rabbit and return to a bit of competition?
    Indeed there will be quite a lot of resentment when bills go up against a background of much lower wholesale prices. If any company can manage to offer a meaningful discount, there wouldn't be any shortage of takers.
  • MikeJXEMikeJXE Forumite
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    I am moving at the beginning of February and Octopus supply the energy

    I have already had email conversations with them and requested Variable DD whole monthly bill

    They say yes we can do that 
  • The_Green_HornetThe_Green_Hornet Forumite
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    Considering that it was only last August that Cornwall Insight were predicting a price cap of £6,616 for Q2 23 that is some turnaround.
  • CanNeverThinkOfAUsernameCanNeverThinkOfAUsername Forumite
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    I remember a few years ago now on the 1st April the Ofgem price cap went up, but Octopus put the tariffs down. They never do things the 'normal' way! haha
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