We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Octopus Fixed Tariffs 2026

1262728293032»

Comments

  • Sea_Shell
    Sea_Shell Posts: 10,388 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper

    Thanks @gpman , that's going above and beyond.

    Lots to think about.

    However, @pete-20-11 I'm not going to assume our usage stays the same, as a bad winter/spring could quickly undo the small savings.

    If we stay with octopus, it'll be on their standard fix, not a low SC one.

    We don't "need" to save every penny, but we still want to try and get a decent fix.

    How's it going, AKA, Nutwatch? - 12 month spends to date = 3.24% of current retirement "pot" (as at end December 2025)
  • pete-20-11
    pete-20-11 Posts: 1,748 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!

    Fair enough. I just compared the two fixes and decided it was worth it.

    I didn't consider the bad winter element, but then I have air conditioning which I can use instead of gas heating, so I can balance a little between gas usage and electricity usage.

    PPI success. Banding success. Double Dip PCN cancelled! South facing solar (Midlands) and battery. Savings Session supporter (is it worth it now!?)
  • gpman
    gpman Posts: 866 Forumite
    500 Posts Name Dropper

    Not wishing to muddy the waters for you further, but the current Octopus fix

    Octopus 12M Fixed July 2026 v2

    would cost you £1149.06 based upon the previously stated usage.

    Obviously , if you change the usage, the costs will change, and not necessarily in proportion to each other.

    What you need to to is estimate what may be the minimum & maximum usage figures and run the figures. If you are lucky, you will come out with a consistent "winner"; if not you will need to take a view on the results.

    Note that with Octopus (and some other suppliers), you can mix & match their tariffs so have electricity on one tariff and gas on another. You may need to call the supplier to arrange that rather than hoping to achieve it online.

    I read some earlier posts, perhaps on another thread, (which I have not verified) that suggested for gas at least, you'd be better off on the Octopus Low SC tariff for gas compared to their standard fix for usages less than about 80,000kWh (i.e. almost everyone!, so be quick as they will only accept the first 33000 eligible customers). That was based on v1 I think, but v2 is not that much more expensive.

  • pete-20-11
    pete-20-11 Posts: 1,748 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!

    I think someone made a mistake with that figure.

    If you compare the standard fix Vs the low SC fix, the breakeven is 7,500ish kWh of gas.

    PPI success. Banding success. Double Dip PCN cancelled! South facing solar (Midlands) and battery. Savings Session supporter (is it worth it now!?)
  • gpman
    gpman Posts: 866 Forumite
    500 Posts Name Dropper

    Thanks. That figure does seem much more realistic to me.

    Just goes to show everyone need to verify for themselves the accuracy of any comments posted before deciding to act on them.

  • QrizB
    QrizB Posts: 23,952 Forumite
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    edited 11 July at 4:16PM

    I think someone made a mistake with that figure. If you compare the standard fix Vs the low SC fix, the breakeven is 7,500ish kWh of gas.

    Agreed. The much larger value is comparing against the current SVT. I posted the calculations for Southern region a few days ago.

    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 37 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • Sea_Shell
    Sea_Shell Posts: 10,388 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper

    @gpman

    We decided to go with Fuse Energy, although it was the V8 by the time I got round to it!!

    Switch should complete tomorrow.

    How's it going, AKA, Nutwatch? - 12 month spends to date = 3.24% of current retirement "pot" (as at end December 2025)
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.2K Banking & Borrowing
  • 254.7K Reduce Debt & Boost Income
  • 455.8K Spending & Discounts
  • 247.9K Work, Benefits & Business
  • 605K Mortgages, Homes & Bills
  • 178.8K Life & Family
  • 262.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.