Octopus Agile Prices

jaceyboy

Will Agile prices reduce also on 1st October as they are wholesale based?

MSE_Clare

Hi jaceyboy

Agile Octopus is a smart tariff you need to actively switch to (not a standard or default tariff) so is not governed by the Price Cap. The rates will not be directly impacted by the change to the Price Cap on 1 October, however they will continue to change based on half-hourly wholesale prices.

Hope that helps.

Clare Casalis - MSE Energy Expert

This question and answer came about during the MSE Forum 'Ask An Expert' event. It won't be updated so may no longer be correct at time of reading. This info does not constitute financial advice: always do your own research on top to make sure it's right for your circumstances

Ask an Expert: Energy (Sep 2023)

jaceyboy

MSE_Clare said:

Hi jaceyboy

Agile Octopus is a smart tariff you need to actively switch to (not a standard or default tariff) so is not governed by the Price Cap. The rates will not be directly impacted by the change to the Price Cap on 1 October, however they will continue to change based on half-hourly wholesale prices.

Hope that helps.

If prices are coming down I should imagine so will the half hour costs...

la531983

All I can suggest is please don't move to this tariff as you don't understand how it works. 

jaceyboy

la531983 said:

All I can suggest is please don't move to this tariff as you don't understand how it works. 

What? ive been on it for 4 months!!

la531983

jaceyboy said:

la531983 said:

All I can suggest is please don't move to this tariff as you don't understand how it works. 

What? ive been on it for 4 months!!

With all due respect your posts suggest you dont have an full understanding of it. The price cap has absolutely nothing to do with this tarriff.  You could be paying 90/100p for some half hours on this tariff in December whilst most of the country will be paying 27p.

MultiFuelBurner

jaceyboy said:

MSE_Clare said:

Hi jaceyboy

Agile Octopus is a smart tariff you need to actively switch to (not a standard or default tariff) so is not governed by the Price Cap. The rates will not be directly impacted by the change to the Price Cap on 1 October, however they will continue to change based on half-hourly wholesale prices.

Hope that helps.

If prices are coming down I should imagine so will the half hour costs...

You probably represent a number of new to tracker and Octopus people since its popularity was a HotUKDeals. I see many of them on other sites believing tracker prices will fall with the October price cap fall.

That just isn't the case.

jaceyboy

MultiFuelBurner said:

jaceyboy said:

MSE_Clare said:

Hi jaceyboy

Agile Octopus is a smart tariff you need to actively switch to (not a standard or default tariff) so is not governed by the Price Cap. The rates will not be directly impacted by the change to the Price Cap on 1 October, however they will continue to change based on half-hourly wholesale prices.

Hope that helps.

If prices are coming down I should imagine so will the half hour costs...

You probably represent a number of new to tracker and Octopus people since its popularity was a HotUKDeals. I see many of them on other sites believing tracker prices will fall with the October price cap fall.

That just isn't the case.

Nope, I asked Octopus and they have confirmed the prices might drop due to wholesale prices dropping, so there you go!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

jaceyboy

la531983 said:

jaceyboy said:

la531983 said:

All I can suggest is please don't move to this tariff as you don't understand how it works. 

What? ive been on it for 4 months!!

With all due respect your posts suggest you dont have an full understanding of it. The price cap has absolutely nothing to do with this tarriff.  You could be paying 90/100p for some half hours on this tariff in December whilst most of the country will be paying 27p.

Seems you have no idea to me...

la531983

jaceyboy said:

la531983 said:

jaceyboy said:

la531983 said:

All I can suggest is please don't move to this tariff as you don't understand how it works. 

What? ive been on it for 4 months!!

With all due respect your posts suggest you dont have an full understanding of it. The price cap has absolutely nothing to do with this tarriff.  You could be paying 90/100p for some half hours on this tariff in December whilst most of the country will be paying 27p.

Seems you have no idea to me...

Insightful. 

jaceyboy

la531983 said:

jaceyboy said:

la531983 said:

jaceyboy said:

la531983 said:

All I can suggest is please don't move to this tariff as you don't understand how it works. 

What? ive been on it for 4 months!!

With all due respect your posts suggest you dont have an full understanding of it. The price cap has absolutely nothing to do with this tarriff.  You could be paying 90/100p for some half hours on this tariff in December whilst most of the country will be paying 27p.

Seems you have no idea to me...

Insightful. 

Ace ventura