New to Octopus and Agile

CSI_Yorkshire

Chrysalis said:

In the summer I was pegged at the 35p cap almost all the time, in December many days were below the cap for long periods, there was even some plunge pricing where I got paid to use electric.

Also company bailouts, loans tend to get written off, or equity stakes sold back to private sector at large discounts, or quite often as seen recently funded by the consumers/taxpayers.  Please dont try to paint a different picture to reality, it makes you come across as someone with a vested interest.  But at least we agree on the availability of the tariffs.

A vested interest in what?  Making sure that people considering these relatively new and unusual tariffs go into it with their eyes open and considering the implications.

Yes, no problem admitting that I have an interest in that.

Why are you so interested in stopping people having the information?

CSI_Yorkshire

Chrysalis said:

CSI_Yorkshire said:

Chrysalis said:

In the summer I was pegged at the 35p cap almost all the time, in December many days were below the cap for long periods, there was even some plunge pricing where I got paid to use electric.

Also company bailouts, loans tend to get written off, or equity stakes sold back to private sector at large discounts, or quite often as seen recently funded by the consumers/taxpayers.  Please dont try to paint a different picture to reality, it makes you come across as someone with a vested interest.  But at least we agree on the availability of the tariffs.

A vested interest in what?  Making sure that people considering these relatively new and unusual tariffs go into it with their eyes open and considering the implications.

Yes, no problem admitting that I have an interest in that.

Why are you so interested in stopping people having the information?

I mean painting a poor reality on why you think its ok for companies to get bailed out but have an issue with consumers wanting assistance.  You either against on both or support both, if you only support business bailouts it indicates a vested interest.

I did edit that out the post as I felt it was provocative but have to reply now, it seems that point bothered you more than the rest of the post though which is interesting.

That I responded to your personal attack rather than your anecdote?

Funny that.

Stop trying to gaslight what you have decided my opinion might be.  I have at no time said that I only support business bailouts, nor that I think it's ok for companies and not consumers to get assistance.  You have invented both points.

I simply said that the government assistance last year (and in fact the COVID assistance as well, but I didn't mention that) has created the impression in some people's minds that the government will always step in to solve their problems again in the future, hence leading them to make riskier choices.

To try and make that statement, which I write in the intention of helping people not make the risky choices, sound like some hyper-capitalist "I love business" cheer is complete rubbish.

You're usually a relatively sensible contributor advocating support for those that need it.  What on earth has made you read this implication in my posts and start with the gaslighting?

Chrysalis

I think I will end it here on the subsidies subject, as I dont think this thread should be sidetracked by the comments related to this.  I dont mind coming to reason in a DM if you want. I will be civil.  I will apologise here for the provocative nature of the comment though (why is why I edited out, sadly not quick enough).

Spoonie_Turtle

Chrysalis said:

Dolor said:

Chrysalis said:

Bear in mind a 20% jump on something very small isnt panic time.  You can go from say 17p to 22p from one day to the next and that is bigger than 20% but still way better than SVR.

As Dolor said some people are just way too risk averse so these tariffs arent for them.

My worry is that people have jumped onto the Agile/Tracker train based solely on what has happened to prices in the past. 

Switching to Agile last year worked for many because the capped price was lower than the Ofgem Cap: that is no longer the case.

Recent events in Australia show how reactive wholesale prices can be when there is a perceived risk to supply. Agile and Tracker may well work out cheaper than other tariffs over the longer term but there may well be many price bumps on the road. 

Ironically for me I am finding the opposite, everyone I know has no interest in tracker (cant get any referrals), they either just dont understand the way it works, or just seem happy enough to pay extra as the old system is something they are used to, 

I haven't recommended Tracker (or Agile) to anyone because people need to know exactly what they're signing up for.  I think anyone sufficiently engaged with their energy use to understand the tariffs are quite likely to come across the tariffs themselves.  I absolutely do not want to bear any responsibility (even partial) for someone getting in a pickle through not understanding them.

[Incidentally one particular person who has always been tech-savvy whom I assumed would likely already be on Agile or at least Tracker, actually didn't even have a smart meter and begrudged getting them when their meters needed replacing!]

[Deleted User]

I haven't recommended Tracker (or Agile) to anyone because people need to know exactly what they're signing up for

There have been a number of posts on this very forum from people asking why they cannot do a price comparison which includes Agile and Tracker? I do recommend both tariffs to family and friends; however, not to those that I suspect do not give their energy statements more than a cursory glance.

Chrysalis

[Deleted User] said:

I haven't recommended Tracker (or Agile) to anyone because people need to know exactly what they're signing up for

There have been a number of posts on this very forum from people asking why they cannot do a price comparison which includes Agile and Tracker? I do recommend both tariffs to family and friends; however, not to those that I suspect do not give their energy statements more than a cursory glance.

Yes I havent just blindly suggested it to anyone, I provide lots of information.  The tariffs are not for those who will just ignore whats going on for several months.

ralla_98

Very true, you need to keep an eye on the rates and what you’re typically paying. To help me avoid the high cost periods I look at my email look ahead from Octorati each day. Rates were quite expensive in November but have come down a lot recently. 

mmmmikey

ralla_98 said:

Very true, you need to keep an eye on the rates and what you’re typically paying. To help me avoid the high cost periods I look at my email look ahead from Octorati each day. Rates were quite expensive in November but have come down a lot recently. 

Hi and welcome to the forum :-) Not sure if you're aware but you're commenting on quite an old thread. Nothing wrong with that but there is another active and more recent thread here that you may find interesting:

https://forums.moneysavingexpert.com/discussion/6433912/octopus-agile#latest