new octopus 14mth fix

Telegraph_Sam

Word seems to be going around from Martin Lewis and others that one should submit a meter reading by or on 1st July with the price cap change in mind. I guess this doesn't apply to those on fixed tariffs? Also I can't see the logic in doing so if one is on Tracker or Agile unless I'm missing the point

QrizB

Telegraph_Sam said:

Word seems to be going around from Martin Lewis and others that one should submit a meter reading by or on 1st July with the price cap change in mind. 

If you're with Octopus (and this is an Octopus thread) and have a smart smart meter, they'll take a reading for the changeover automatically.

Telegraph_Sam said:

 I guess this doesn't apply to those on fixed tariffs?

Correct, not relevant to fixed tariffs.

Telegraph_Sam said:

Also I can't see the logic in doing so if one is on Tracker or Agile unless I'm missing the point

Also correct.

Telegraph_Sam

2 corrects, unusual 

Telegraph_Sam

USwitch seem to be making a lot of noise about the new unbeatable Fuse tariff. I crunched a few numbers. In my situation I could save about £71 out of a gas spend of £550, and about £52 out of a elec spend of £832. Against which there is an exit fee of £50 on each fuel. Interesting - but I'm not rushing for the door yet