Octopus Agile

Bendo

bob2302 said:

Bendo said:

Compare works perfectly fine. Just compare your tarrifs. 

Since most people still don't understand this, consider this simple analogy.

Which of these is the better deal?

1. £300 for 1 bottle of malt whisky and 1 bottle of blended whisky (worth £20)
2. £200 for 1 bottle of the same malt whisky

Clearly the answer is (2), despite the fact that (1) is £150 per bottle compared with £200 per bottle.

The blended whisky is the analogue of extra electrical heating, it's a benefit, but a much lower grade one since heating is competing with gas at ~6p/kWh. 

A lot of typing for a meaningless analogy. It was pretty obvious my post was simply about comparing Agile with tracker electric (or indeed any other fixed TOU tariff) usage based on actual used electric.  Nothing to do with shifting heating from gas to electric.

Your analogy may have some validity in the scenario whereby people use extra electric over gas, but still completely pointless as replacing gas heating with electric when electric is cheaper is still a saving. In my case I have the heating of my thermal store controlled by home assistant,  if it's cheaper on electric,  it runs the immersions, if it's cheaper on gas it will run the boiler.

Granted in those scenarios,  it makes a direct comparison more difficult, for me I'm having to base comparisons on yearly spend. The past year since I came off a 2 year fix, SVR would have cost me more than the previous fix but on Agile and tracker gas my spend has been lower.

If there was a cheaper tariff available I'd look into it but ultimately,  to me, with SMETS1 meters, there is no cheaper offering.

For many with SMETS2 Tomato is likely to be cheaper, but given their demonstrated capabilities so far,  I don't see them exiting in the next 6 months.

northernstar007

prices are now out for the next 24hrs, lots of free electric till 11.30am then normal day rates
more than enough time to get the washing done, fill ya boots guys

teaselMay

Pleasantly surprised by those prices

Newbie_John

bob2302 said:

Bendo said:

Compare works perfectly fine. Just compare your tarrifs. 

Since most people still don't understand this, consider this simple analogy.

Which of these is the better deal?

1. £300 for 1 bottle of malt whisky and 1 bottle of blended whisky (worth £20)
2. £200 for 1 bottle of the same malt whisky

Clearly the answer is (2), despite the fact that (1) is £150 per bottle compared with £200 per bottle.

The blended whisky is the analogue of extra electrical heating, it's a benefit, but a much lower grade one since heating is competing with gas at ~6p/kWh. 

Agree some fair points, but this is just one side of the coin. There is also another - when prices are high you reduce your consumption - so it reverses.. takes your usage down, takes your cost down.

Blindly saying "I average 10p/kWh so it's 60% cheaper.." is wrong. It really makes many people think like that.

I think only way to properly compare is to know how much you used last December in kWh (while you were on SVR) then multiply by current £ SVR rate and compare £ to £ with Agile (yeah there will be weather differences, time off etc.)

Otherwise £/kWh is as meaningless as credit score number 🤗

debitcardmayhem

Newbie_John said:

bob2302 said:

Bendo said:

Compare works perfectly fine. Just compare your tarrifs. 

Since most people still don't understand this, consider this simple analogy.

Which of these is the better deal?

1. £300 for 1 bottle of malt whisky and 1 bottle of blended whisky (worth £20)
2. £200 for 1 bottle of the same malt whisky

Clearly the answer is (2), despite the fact that (1) is £150 per bottle compared with £200 per bottle.

The blended whisky is the analogue of extra electrical heating, it's a benefit, but a much lower grade one since heating is competing with gas at ~6p/kWh. 

Agree some fair points, but this is just one side of the coin. There is also another - when prices are high you reduce your consumption - so it reverses.. takes your usage down, takes your cost down.

Blindly saying "I average 10p/kWh so it's 60% cheaper.." is wrong. It really makes many people think like that.

I think only way to properly compare is to know how much you used last December in kWh (while you were on SVR) then multiply by current £ SVR rate and compare £ to £ with Agile (yeah there will be weather differences, time off etc.)

Otherwise £/kWh is as meaningless as credit score number 🤗

That’s why agile won’t work for us, we can’t shift some stuff due to medical / health reasons.
However tracker dec23 has been good for gas, until next week when it ends☹️

Spoonie_Turtle

debitcardmayhem said:

Newbie_John said:

bob2302 said:

Bendo said:

Compare works perfectly fine. Just compare your tarrifs. 

Since most people still don't understand this, consider this simple analogy.

Which of these is the better deal?

1. £300 for 1 bottle of malt whisky and 1 bottle of blended whisky (worth £20)
2. £200 for 1 bottle of the same malt whisky

Clearly the answer is (2), despite the fact that (1) is £150 per bottle compared with £200 per bottle.

The blended whisky is the analogue of extra electrical heating, it's a benefit, but a much lower grade one since heating is competing with gas at ~6p/kWh. 

Agree some fair points, but this is just one side of the coin. There is also another - when prices are high you reduce your consumption - so it reverses.. takes your usage down, takes your cost down.

Blindly saying "I average 10p/kWh so it's 60% cheaper.." is wrong. It really makes many people think like that.

I think only way to properly compare is to know how much you used last December in kWh (while you were on SVR) then multiply by current £ SVR rate and compare £ to £ with Agile (yeah there will be weather differences, time off etc.)

Otherwise £/kWh is as meaningless as credit score number 🤗

That’s why agile won’t work for us, we can’t shift some stuff due to medical / health reasons.
However tracker dec23 has been good for gas, until next week when it ends☹️

Sorry if you've already mentioned before, but do you know for sure it won't work?  We tend to cook during the peak yet according to Octoous Compare, Agile works out cheaper for us than virtually all the other options open to us (except Dec 23 Tracker, which is our current tariff).

masonic

Spoonie_Turtle said:

debitcardmayhem said:

Newbie_John said:

bob2302 said:

Bendo said:

Compare works perfectly fine. Just compare your tarrifs. 

Since most people still don't understand this, consider this simple analogy.

Which of these is the better deal?

1. £300 for 1 bottle of malt whisky and 1 bottle of blended whisky (worth £20)
2. £200 for 1 bottle of the same malt whisky

Clearly the answer is (2), despite the fact that (1) is £150 per bottle compared with £200 per bottle.

The blended whisky is the analogue of extra electrical heating, it's a benefit, but a much lower grade one since heating is competing with gas at ~6p/kWh. 

Agree some fair points, but this is just one side of the coin. There is also another - when prices are high you reduce your consumption - so it reverses.. takes your usage down, takes your cost down.

Blindly saying "I average 10p/kWh so it's 60% cheaper.." is wrong. It really makes many people think like that.

I think only way to properly compare is to know how much you used last December in kWh (while you were on SVR) then multiply by current £ SVR rate and compare £ to £ with Agile (yeah there will be weather differences, time off etc.)

Otherwise £/kWh is as meaningless as credit score number 🤗

That’s why agile won’t work for us, we can’t shift some stuff due to medical / health reasons.
However tracker dec23 has been good for gas, until next week when it ends☹️

Sorry if you've already mentioned before, but do you know for sure it won't work?  We tend to cook during the peak yet according to Octoous Compare, Agile works out cheaper for us than virtually all the other options open to us (except Dec 23 Tracker, which is our current tariff).

Same. I have over 20% of my usage in the Agile peak and even without reducing this I'd make a small saving vs the newer Tracker tariffs.

debitcardmayhem

Hospital visits etc and other reasons,  no time to  able to keep up with those and worry about trying to get my electric below the average 16.1p / kWh I pay now.

Spoonie_Turtle

debitcardmayhem said:

Hospital visits etc and other reasons,  no time to  able to keep up with those and worry about trying to get my electric below the average 16.1p / kWh I pay now.

Wow, what tariff are you on to get that low?

masonic

Spoonie_Turtle said:

debitcardmayhem said:

Hospital visits etc and other reasons,  no time to  able to keep up with those and worry about trying to get my electric below the average 16.1p / kWh I pay now.

Wow, what tariff are you on to get that low?

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