Energy Prices (Strictly NO referrals!)

[HungryHippos]

Prices would have gone up whilst countries were filling winter storage up. Maybe a lot of them have done it now so prices dipping again.

Going to stay on gas tracker myself for a bit, wait and see.

 

[200sols]

First half of September was not very windy.

 

[robgmun]

First half of September was not very windy.

I notice the electricity prices drop the day after a particularly windy day. So I hope for a windy Christmas

 

[Puzzled]

I notice the electricity prices drop the day after a particularly windy day. So I hope for a windy Christmas

Better start early on those brussels sprouts

 

[robgmun]

Better start early on those Brussel sprouts

I set them up, you kick it in the back of the net

 

[chrcoluk]

Back in 2019, OFGEM conducted a review into how various costs are recovered:

Targeted Charging Review: Decision and Impact Assessment

Ofgem publishes decision on Targeted Charging Review.

www.ofgem.gov.uk

In brief, this review moved a bunch of fixed costs from the unit rate over to the standing charge, making the price of energy more representative of the actual costs involved. The changes were supposed to come into effect as of April 2021, but got delayed a year through to April 2022.

There's a campaign by Martin Lewis & MSE to have the changes reverted to help lower income households reduce bills.

There is variable costs like transmission costs that have been moved, if Ofgem consider that fixed I dont know what dictionary they reading from.

 

[Mercenary Keyboard Warrior]

There is variable costs like transmission costs that have been moved, if Ofgem consider that fixed I dont know what dictionary they reading from.

TBH I would say its should be part of the fixed costs, seeing as its basically the infrastructure costs
"The Electricity Transmission part of your bill, which is subject to approval by the energy regulator, Ofgem, covers the cost of building and maintaining the network."

 

[eddyr]

UK Natural Gas - Price - Chart - Historical Data - News

UK Gas increased 0.51 GBp/Thm or 0.41% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on January of 2025.

tradingeconomics.com

Natural gas is creeping up due to Israel/Gaza conflict stirring things up in the middle east, as well as a few other ongoing supply disruptions to the UK and global market.

How are you guys on tracker/flexible?
Reminder to keep an eye on how things develop.

 

[Sinbad2000]

UK Natural Gas - Price - Chart - Historical Data - News

UK Gas increased 0.51 GBp/Thm or 0.41% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on January of 2025.

tradingeconomics.com

Natural gas is creeping up due to Israel/Gaza conflict stirring things up in the middle east, as well as a few other ongoing supply disruptions to the UK and global market.

How are you guys on tracker/flexible?
Reminder to keep an eye on how things develop.

4.92 today

 

[Kelt]

4.8.for gas today, leccy 17.98 on Tracker.

 

[Mercenary Keyboard Warrior]

4.73p gas today but it was the lowest for a few months the other day (6th) so unless Israel gets completely out of hand I don't expect it to move significantly

Not seeing any news about shortages of stored gas in Europe so I expect its fine. The press only like to give you the doom message so the lack of that tells me the opposite is probably true.

 

[dlockers]

I asked Octopus whether you could just fix gas ages ago and haven't heard back.

 

[Mercenary Keyboard Warrior]

I asked Octopus whether you could just fix gas ages ago and haven't heard back.

You should be able to as Octopus Elec and Gas are basically unlinked.
I am not sure they have any specific "fixed" tariffs right now however.

 

[Jokester]

Gas pipeline in Finland has been damaged by “external” reasons, likely to push gas higher in Europe.

 

[dlockers]

You should be able to as Octopus Elec and Gas are basically unlinked.
I am not sure they have any specific "fixed" tariffs right now however.

Yeah I'd think so... quite surprised I haven't received a response.

 

[CaptainRAVE]

Gas pipeline in Finland has been damaged by “external” reasons, likely to push gas higher in Europe.

Can’t imagine whose interest that would be in.

 

[tsobo]

Is the octopus tracker tariff still a good option?

 

[413x]

Can’t imagine whose interest that would be in.

Me either

Spoiler

 

[ci_newman]

Is the octopus tracker tariff still a good option?

On gas, no.

Tracker prices are only just under the Ofgem price cap and are likely to tip over it in the next days / weeks.

For electric, there's probably a few more weeks of being below the price cap but it's rapidly approaching parity.

 

[darkgen]

On gas, no.

Tracker prices are only just under the Ofgem price cap and are likely to tip over it in the next days / weeks.

For electric, there's probably a few more weeks of being below the price cap but it's rapidly approaching parity.

I'm still sitting in the gas tracker for the time being while central heating is off; standing charge on tracker is also at 27p, which is several pence below October cap. I'll cling on to the last second before I make the jump to variable!

I'm also still on Agile, which works for me and the standing charge for that is 22p below the October cap (31p v 53p) !