Soldato
Move now and get £50 by switching to Octopus early
Martin Lewis: A trick for Shell Energy (and Octopus) customers to make some money
If you're a Shell Energy customer, you could make £50 with an easy trick shared by MoneySavingExpert.com founder Martin Lewis on the latest episode of ITV's The Martin Lewis Money Show Live.
www.moneysavingexpert.com
Soldato
I'm surprised Octopus haven't pulled the referral scheme until their takeover of Shell is complete. I should have done this when Bulb were being taken over by them. 
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Oh... It's Martin Lewis' advice isn't it? ie: Use such a refer a friend link to get that £50?
If such codes aren't permitted I'll happily remove (and hartgeh3 will have to find some other means to get that £50 off)?
EDIT: Just looked at the forum T&Cs and can't see any issue?
If such codes aren't permitted I'll happily remove (and hartgeh3 will have to find some other means to get that £50 off)?
EDIT: Just looked at the forum T&Cs and can't see any issue?
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Soldato
You're not allowed to post referral codes.
No.
Mods have clarified that: If someone asks for one, you can offer to send them one, and then DM it to them.
We discussed this in this thread, and mods said you can't offer to send codes out, only in reply to someone who wants one and asks for it.
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You're not allowed to post referral codes.
OK, referral code removed. Again, I looked through the forum T&Cs and couldn't find anything... But hey ho...
OK, referral code removed. Again, I looked through the forum T&Cs and couldn't find anything... But hey ho...
Soldato
I've been with Octopus for a bit over a year and very happy with them so far, I have solar so some tariffs are better for me, but the trackers have been pretty good as long as you've got a smart meter.
I'm with Octopus as well, I'm on the Flexible plan (no solar) just thinking if I should switch a fixed plan.
Soldato
Trackers are good and have routinely been cheaper than flex/svr, the only risk is that in winter the rates could go up unexpectedly and they aren't capped anywhere near the SVR, much higher cap.
Depends if you're willing to risk the odd day that could go above SVR or not I think, but I've been on gas tracker since Feb and it's never been as high as SVR, highest I've seen so far is 6.5p/kWh and that was when SVR was 10p.
If you see rates going up you can lock back onto Flex, but you can't rejoin tracker for 9 months. No exit fees.
As long as you're keeping a rough eye on prices I think it's worth going on tracker rates. Just have to highlight the pros and the cons.
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Thanks, as long as the rates don't go up by a silly amount I feel the same, just wanted to confirm and plus the £75 change of tariff does not help if the prices do change.
Just to give you a idea here are the rates
My Tariff
Tariff cost breakdown
Electricity| Daily standing charge | 53.96p /day |
|---|---|
| Unit rate | 26.52p /kWh |
| Early exit fee | £0 |
| Daily standing charge | 27.47p /day |
|---|---|
| Unit rate | 6.83p /kWh |
| Early exit fee | £0 |
Fixed Tariff
Tariff cost breakdown
Electricity| Daily standing charge | 53.96p /day | |
|---|---|---|
| Unit rate | 28.99p /kWh | |
| Early exit fee (For changing tariff or supplier) |
|
| Daily standing charge | 27.47p /day | |
|---|---|---|
| Unit rate | 6.91p /kWh | |
| Early exit fee (For changing tariff or supplier) |
|
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Soldato
Oh you have to pay £75 per fuel to exit now? hmm that does of course change things a bit.
That doesn't seem like flex plan then, as flex is SVR, but they did do a fixed one that had exit fees associated.
That doesn't seem like flex plan then, as flex is SVR, but they did do a fixed one that had exit fees associated.
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The plan Im on is the Flexible Octopus.
New plan is the Loyal Octopus 12M Fixed.
Octopus never charged a exit fee's in the past, looks like they are following the rest now.
Soldato
Another vote for Tracker here.
Soldato
The one you've linked is not tracker, the tracker tariffs are called tracker and they have £0 exit fee.
https://octopus.energy/smart/tracker/
There is 1 for gas and 1 for electric, you can do them in any combo of 1, the other, or both, in your case I'd say probably just do both.
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Thanks,
I've not looked into Tracker before (let me take a look).
How have you found it over the past year ?
What are the rates like compared to standard variable ?
Would it be a better choice compared the variable flexible plan ?
Soldato
Plug in your area here, good site, also tells you the next day's prices (variable times).
My Smart Energy - Save Money on your Electricity Bill
Be smart - find out about the latest electric smart tariffs and save money on your bill by shifting the time you consume electricity.
mysmartenergy.uk
Thanks, I could only seeing the fixed option when looking at switching tariffs, I could not even find the tracker option.Plug in your area here, good site, also tells you the next day's prices (variable times).
My Smart Energy - Save Money on your Electricity Bill
Be smart - find out about the latest electric smart tariffs and save money on your bill by shifting the time you consume electricity.
Will take a look tomorrow, it seam lower, just wondering how often did the price go above the Ofgem Energy Price Cap, since its not protected ?
also how do I find the Daily standing charge ?
anything else I should be aware of ?