Loyal Octopus Fixed No Exit Fee Anymore...Worth FIxing

IAMIAM
IAMIAM Posts: 1,310 Forumite
Fifth Anniversary 500 Posts Name Dropper
Just done this and fixed with the presumption of checking regularly and re-fixing as and when prices continue to drop as there is now no exit fee.

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Comments

  • Get on the tracker its much cheaper.
  • IAMIAM
    IAMIAM Posts: 1,310 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    which one?
  • QrizB
    QrizB Posts: 16,506 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 10 February 2024 at 4:26PM
    IAMIAM said:
    which one?
    Gas Tracker for gas, electricity Tracker for electricity?
    https://octopus.energy/smart/tracker/
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 33MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • IAMIAM
    IAMIAM Posts: 1,310 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Thanks. Decided on 12 month loyal fixed
  • BellaBlondykeTheThird
    BellaBlondykeTheThird Posts: 286 Forumite
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    edited 11 February 2024 at 12:27PM
    This did make me laugh
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The OP may be risk-averse (as indicated by them wanting a fixed tariff in the first place), so Tracker would not be suitable.
    Some people prefer to pay a premium for the security of a 12m fix.
    No free lunch, and no free laptop ;)
  • MeteredOut
    MeteredOut Posts: 2,762 Forumite
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    Get on the tracker its much cheaper.
    That is potentially terrible advice, without knowing the OP's usage or situation. Just because Tracker has been great for those in the past year or so, those that sign up now are on the less beneficial December formula (I've seen figures of it being ~20% more expensive in some areas) and there is NO guarantee the good rates seen last year will happen going forward.

    So, certainly advise people to investigate Tracker, but simply telling them to go onto it is dangerous advice.
  • BellaBlondykeTheThird
    BellaBlondykeTheThird Posts: 286 Forumite
    100 Posts Name Dropper Photogenic
    edited 12 February 2024 at 11:36AM
    I wouldn't call it "dangerous" advice

    I mean don't put your fingers in a lovely socket or play golf in a lightning storm (that's dangerous advice)

    Tracker you can leave within 2 weeks (potentially immediately that hasn't been tested in anger yet I don't think)

    It's lacking in details advice not dangerous imo
  • MeteredOut
    MeteredOut Posts: 2,762 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 12 February 2024 at 1:16PM
    I wouldn't call it "dangerous" advice

    I mean don't put your fingers in a lovely socket or play golf in a lightning storm (that's dangerous advice)

    Tracker you can leave within 2 weeks (potentially immediately that hasn't been tested in anger yet I don't think)

    It's lacking in details advice not dangerous imo
    "Get on the tracker its much cheaper." is dangerous advice. Not life-threatening dangerous, but financial dangerous. Those that blindly follow such advice are unlikely to monitor usage and won't leave within 2 weeks.
  • IAMIAM
    IAMIAM Posts: 1,310 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 12 February 2024 at 2:37PM
    Can we stop with this 'dangerous advice' rubbish. I know drugs are bad for you, i am not going to take them because someone online says they are good for you. People are not stupid. The End.
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