Been on the tracker for over a year… works well and tbh the cap (on the version I am still on) is very reasonable compared to the current prices.
Quite interesting how much swing there is in the electricity prices - gas seem pretty stable usually at the cap level of the tracker
Inspector I shall check it out, although my fix, which is effectively current price cap is for another year and with a 100 exit fee per fuel. 🙁
New price came through
I just love how they dress it up like they’re doing us a favour. In reality for me and my family it means no proper holiday this year, any Savings we had will now go to some fat fuck in a suit
Decent De1pro v1.45 - Niche Duo - Niche Zero - Decent is the best machine ever made -
Amen to that Jake. We’re sitting on vast shale gas reserves but government won’t use them. French government banned shale gas in France but the French government has nationalised EDF which supports fracking. You couldn’t make it up.
Been reading a lot about heat pumps as we’re renovating a house and it needs a new heating system. I don’t trust the hype and anything pushed by politicians is, in my book, suspect. Anyone remember being urged to get rid of petrol cars and go for diesel because they were less polluting?
Systemic The British gas chairman has done really well and had a massive bonus in addition to his already massive pay. I can see how hard he must have struggled to make a profit in an energy market that is now effectively a 5 company cartel.
They have no incentive to have strategies and costs to:
How brilliant…now they are just like the BBC.
I am glad I opted in to that wholesale prices tracker tariff with octopus earlier on. I also posted that on here on Feb. It massively helped reducing the cost over last couple of months. I am paying now 20p/kw for electricity and 4.8p/kw for gas. It has been floating around these rates for a while now.
I must of missed that
What annoys me the most is there is not competition between companies, you can’t move
There’s nothing you can do
Decent De1pro v1.45 - Niche Duo - Niche Zero - Decent is the best machine ever made -
You need a smart meter
Decent De1pro v1.45 - Niche Duo - Niche Zero - Decent is the best machine ever made -
We are with Octopus on a fixed rate which will finish at the end of the month. Octopus have been in touch and offered me the following rates. I believe that there is a waiting list with a timescale of 6 months for the tracker rates. I am going to contact them and see if this is true.
Hi Steve,
Your fixed tariff is coming to an end on 3rd May 2023. While it’s still a little way off, we thought you’d like to know more about what happens next.
Good to know: The Energy Price Guarantee
The Government has introduced an Energy Price Guarantee that caps variable energy prices at £2,500 for a typical home.
This represents a discount of around £1,000 for a typical home compared to the Ofgem price cap for October to December, and is in addition to the £400 Energy Bill Support Scheme that will reduce all monthly payments between October and March, and the further support already announced for low income or vulnerable households.
In light of these reductions, we’re not currently offering fixed price tariffs — they’re simply not a good choice right now.
Instead, the best option for you is to roll onto our Flexible Octopus tariff at the end of your fixed term. This will happen automatically: you don’t need to do anything.
Flexible Octopus
Flexible Octopus is our always good value variable tariff. It has no fixed term, and prices rise and fall with wholesale costs, typically changing every 3 months.
Flexible Octopus prices are protected by the Government’s Energy Price Guarantee, and Flexible Octopus standing charges are discounted slightly compared to the Energy Price Guarantee rates. Flexible Octopus
£164.69
Estimated monthly cost
Electricity Electricity
Daily charge 48.29 p/day
Unit rate 31.87 p/kWh
Gas Gas
Daily charge 26.84 p/day
Unit rate 10.20 p/kWh
£1976.28
Estimate for the next 12 months
Your account information
When comparing energy quotes, it’s important to base them on the same figures. Here’s our latest estimates of your annual consumption over the next 12 months — we’ve used these figures for your quotes above.
Annual usage
Electricity 2,912 kWh
Gas 7,587 kWh
Account
Payments Monthly Direct Debit
Billing Online
In the current energy crisis, there’s not a lot of difference in prices between suppliers — this is why most comparison sites are not switching customers right now.
In light of this, we recommend you choose a supplier based on the other things that matter to you. We will work hard every day to treat you fairly, help all our customers through this crisis, and accelerate the world’s transition to cheap, truly green energy.
For free, independent advice on your rights and your energy supply, visit Citizens Advice at any time or call 03454 040506.
Kind regards,
Greg, Stuart, James, Rebecca, Jon, Pete, Tara and Mario
The Octopus Energy Leadership Team
Did not realise the tracker now had a list - been using it for the last 18 months I think… worked out a good choice. Interesting how the wholesale rate does dip randomly….
[unknown] Same as mine but with different suppliers for each fuel Eon, keep telling me that my electricity meter has reached the end of its life and have just offered me £50 to have a smart meter fitted before the end of April. Decisions Decisions
[unknown] Same as mine but with different suppliers for each fuel Eon, keep telling me that my electricity meter has reached the end of its life and have just offered me £50 to have a smart meter fitted before the end of April. Decisions Decisions
Inspector Same as mine but with different suppliers for each fuel Eon, keep telling me that my electricity meter has reached the end of its life and have just offered me £50 to have a smart meter fitted before the end of April. Decisions Decisions
Nightrider_1uk keep telling me that my electricity meter has reached the end of its life and have just offered me £50 to have a smart meter fitted before the end of April
So the meter has reached the end. It needs to be replaced therefore. Are you saying that, if you decline the offer to receive £50, they will fit a dumb meter instead? The cynical in me thinks that, if smart meters were great, they wouldn’t be offering you money. 🍭
