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Octopus IOG - Fixing?
The email I've been waiting (dreading?) has now arrived from Octopus. My day time electricity rate is going up by over 20%. But they've offered a one year fix at the new rate for a year. It appears that predictions are that prices are going to continue to go up in the new year so it may be worth doing.
Anyone got any thoughts on this? Has anybody fixed on the new Loyal IOG tariff.
Install 2: Sept 19, 600W SSE
Solax 6.3kWh battery
Comments
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I'm now on the Loyal tariff. It's cheaper than the current 12m fix and comparable to EDF's Go Electric without having to put up with EDF 😆
There's a thread on the Energy forum about IOG Loyal. Several of us have taken it.
Link to thread:
N. Hampshire, he/him. Octopus Intelligent Go elec / Fuse gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 37 MWh generated, long-term average 2.6 Os.2 -
Personally going to give this a swerve & stay on the variable tariff.
Life in the slow lane1
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