you can put the tarif manually into octopus compare app - to compare
Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
- Start date
Of course its not guaranteed, I have accepted this situation since I signed up to it.
I am also not about to jump off it in a panic, will just keep an eye on things, its still better than SVR and tracker rest of day.
But like you said there will people be going crazy over it.
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Soldato
It does appear recently (hopefully its temporary) that Octopus is losing its competitive edge on pricing. I hope they don't get greedy now that they have such a huge market share.
They did change the algorithm at start of year for tracker which bumped its price, but this cost today on Agile is down to the market, still the same algorithm.
As I mentioned in my earlier post, I'm well aware and I've saved 25% vs SVR over the last 6 months. That said, most of the shock is just how high the unit price is, even for the short period.
Absolutely no question combination of tracker/agile has saved me a fair chunk since I started using them, its definitely been worth it.
Soldato
I was referring to their other tariffs rather than Agile.
If these prices are sign of things to come it's probably not worth it.Hold off for a couple of days
According to the Octopus Watch app, I’m still best on Agile, with Go only £15 cheaper over 3 months than SVR…. buuut I have to wonder how much that is influenced by me charging the car during the day on Agile thanks to cheap/negative pricing. I wonder what average rate we’d actually achieve on Go if we were very strict on load shifting overnight. Probably still worse than Agile as we liberally use the dehumidifier for drying clothes
Most of the time I've been watching agile it's definitely the better bet. But if this is a new normal it's probably a mistake. But will hold off I think for a bit and see if this is a new normal or a blip.
Soldato
- Joined
- 23 May 2006
- Posts
- 7,643
other than tomato - which is a relatively unknown - i still think intelligent octopus is as good as anything else out there if you have a compatible EV or charge point.
Also i think it is great that they are expanding their services... Everyone i have spoken to claim octopus do a really good job of installing EV charge points, and their heat pump installs seem decent as well. I also like the things they do such as sending out free electric blankets to the most vulnerable etc, which according to their CEO was cheap for them but generated a ton of good will and publicity.
so even if another company matches them, so long as they dont hugely undercut Octopus personally i will be staying with them because i like the stuff they are doing over and above just selling me electricity and if anyone is going to come up with the next "big" thing, i would put my money on it being octopus.
without octopus and their Kraken software i do not think we would be where we are now with intelligent electricity contracts.
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They seem to be focusing on their intelligent tariffs, their other offerings outside of tracker/agile are pretty poor now.
What tariff are you on at the moment?
Tracker's price is (roughly, as it varies by region) 1.2x the wholesale price, plus an additional 12p. Agile's price is 2.2x the wholesale price, with a 12p premium added between 4pm and 7pm. As a result, Agile is better when wholesale costs are low. Tracker is better when wholesale costs are high.
If you're on Tracker already, I would stick with it personally. There were great savings on Agile over the summer when electricity was relatively cheap. But the price gap between the two tariffs will narrow in Winter. And if Tracker winds up being cheaper, you can't switch back for 9 months. IMO the time to leave Tracker is in January/February, to benefit from spring/summer on Agile and ensure you can get back on Tracker again from the autumn if prices rise.
For those getting excited about agile (and to a lesser extent tracker.
It’s simply down to a temporary lack of wind. Next week could be blowing a hooley and at negative pricing.
It’s really nothing to get excited about, it is just agile doing what agile does.
In summer it’s more stable due to solar on the grid through the evening peak. Winter is more volatile but so is the weather and there is usually more wind kicking about.
It’s simply down to a temporary lack of wind. Next week could be blowing a hooley and at negative pricing.
It’s really nothing to get excited about, it is just agile doing what agile does.
In summer it’s more stable due to solar on the grid through the evening peak. Winter is more volatile but so is the weather and there is usually more wind kicking about.
And bang on cue, got two half hour periods of negative pricing during the early hours of tomorrow, with 23:30-05:30 averaging 1.83p/kWh including the two negative half hour windows (-1.16p and -1.52p).
EDIT: It's times like these I really wish we had a battery system
EDIT: It's times like these I really wish we had a battery system
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Soldato
24p p/kWh today on the tracker here, which is below SVR... just.
Didn’t take long after yesterday’s panic.And bang on cue, got two half hour periods of negative pricing during the early hours of tomorrow, with 23:30-05:30 averaging 1.83p/kWh including the two negative half hour windows (-1.16p and -1.52p).
EDIT: It's times like these I really wish we had a battery system
It was plunge pricing the day before that spike as well
Soldato
21.4p p/kWh (electric )on the tracker for tomorrow
PANIC!!!!
