Energy Prices (Strictly NO referrals!)

[chrcoluk]

Do you think its just a T&Cs thing that they have to state then? On the first page it talks about it can be 100x more.

Yes, they going to warn people when signing up, it might shoot up, it isnt just a disclaimer it is of course an actual risk tracker could become expensive (up to its cap).

Although in my experience it doesnt go from cheap to super expensive over night, it would likely be a process over a period of days/weeks.

If you risk averse then it might not be for you, but you can leave penalty free at the click of a button. You not locked into it.

--

I am not 100% on this, check with Octopus, but I think the caps quoted are pre EPG pricing, so the actual cap is lower than the tariff spec.

 

[Mercenary Keyboard Warrior]

Lowest gas price on Octopus tracker I have seen yet
3.96p today

Gives good indications on whats likely to happen for everyone sooner or later

Will be able to afford to have the heating on over the summer at this rate

 

[ci_newman]

Lowest gas price on Octopus tracker I have seen yet
3.96p today

Gives good indications on whats likely to happen for everyone sooner or later

Will be able to afford to have the heating on over the summer at this rate

Gas powered air conditioning?

 

[jpaul]

gas hob would be great and get rid of the wok embargo electric one currently imposes - can't beat the power output. .... natural gas BBQ for summer, if they exist ?

EU is deciding to irrevocably turn off the Russian gas pipelines to make sanctions more robust and provide LNG infrastructure investors with long term reassurance, we'll see if that has gas futures impact

 

[chrcoluk]

I just agreed to Agile renewal.

Expected circa £7 month increase from July onwards. So from when my existing tariff ends, cap increase from 35p to 100p, and SC increase from 21p to 44p.

Now I have a crappy standard level of SC from July onwards I might join the electric tracker waiting list as that will be slightly cheaper than Agile.

I can see dailies going up again at some point when the EU tops up again in summer and with more Russia sanctions regarding gas pipelines coming. But hopefully i am wrong.

On current average unit rates, my SC increase is circa 13% on overall bill, about an extra 1.5 units day usage equivalent.

 

[the shadow]

Ovo and Good Energy ordered to pay £4m compensation after overcharging

About 18,000 households could receive refunds of up to £181 on electricity and gas bills

www.theguardian.com

 

[Mercenary Keyboard Warrior]

Wow the gas price is really falling, 3.61p for me today on Octopus tracker
I mean I am using naff all but its good to see

If it drops under 3.5p I will be turning my solar diverter off and exporting my surplus rather than sending to my water tank

 

[Duke]

Yes gradually getting back to normal pricing - https://www.bbc.co.uk/news/topics/cxwdwz5d8gxt/natural-gas

 

[jpaul]

Elysium fields of April 21

This is because Ofgem is increasing its default energy price cap from £1,042 to £1,138. The increased cost is likely to push some families into financial difficulty, as research shows that energy bills only need to rise by an average of £85 a year to tip households with children into financial difficulty.

Upcoming July&Oct, like current April, without the £69pm payment still more expensive than winter 2022

Spoiler: unit price

 

[the shadow]

Energy bills could fall to average of £2,053 as Ofgem prepares to lower cap

But campaigners say it will not give much relief to struggling households as government support ends

www.theguardian.com

 

[Firestar_3x]

3.69p for gas and 17.05p for electricity today

 

[MadMossy]

Scottish Power are a bunch on ***** they jacked up my direct debit to over £130/month without even saying a word, even though the account is almost £500 in credit and only uses ~£70 a month currently.

 

[badtooth76]

My year fix with Eon ends next month, there offering me a new one year fix at.

	Electricity	Gas
Daily standing charge	36.10p	14.81p
Unit rate	40.89p per kWh (Day) 12.51p per kWh (Night)	8.23p per kWh

I think that I will still be moving to Octopus at the end of my deal.

 

[TNA]

My year fix with Eon ends next month, there offering me a new one year fix at.

	Electricity	Gas
Daily standing charge	36.10p	14.81p
Unit rate	40.89p per kWh (Day) 12.51p per kWh (Night)	8.23p per kWh

I think that I will still be moving to Octopus at the end of my deal.

That is mad. Nearly 15p for gas. They are having a laugh.

 

[bigmike20vt]

isn't that the standing charge? the unit cost is just over 8p.
I would say it's not terrible , but to make the most of it you really need a decent sized battery to hammer that cheap rate.
that said it's quite a small group of people I would say that it could beat octopus

(those without an EV and without solar BUT with a home battery.. I can't think of another use case where either Go, IO or Flux wouldn't work out better)

 

[chrcoluk]

Octopus mini stopped working about 2 hours ago.

Solid green light which according to FAQs is cant connect to meter, power cycled it, at which it changed to flashing purple (not documented in FAQs), power cycled 2nd time with phone bluetooth on and went back to solid green.

 

[chrcoluk]

On the fix subject, I think fixes during a downward trend on wholesale pricing are likely to be a bad deal.

 

[Simon]

Moved to agile for elec. 39p /7.5p go faster from 9:30 was ok but as I never got around to installing car charger the dishwasher and washing machine wasn’t skewing it enough.

Gas is on tracker

 

[Jay85]

My year fix with Eon ends next month, there offering me a new one year fix at.

	Electricity	Gas
Daily standing charge	36.10p	14.81p
Unit rate	40.89p per kWh (Day) 12.51p per kWh (Night)	8.23p per kWh

I think that I will still be moving to Octopus at the end of my deal.

Mental, even on my tracker rate on Octopus, the unit rate for today is 3.63p! Daily standing charge for me is abit high though at 27.22p.

 

[Jay85]