• Octopus Energy are doing their tracker tariff again, based on wholesale prices.
    With wholescale prices being lower at the moment, this represents a pretty big saving at the moment - (e.g. 24.01p/kWh for electricity and 6.62p/kWh for gas for me in Hampshire today).
    Compared to the average of 34p/kWh for electricity and 10p/kwh for gas that is pretty standard.

    As it is a tracker, it can fluctuate, but looks low at the moment, and expected to be lower than the above prices. Also can switch on and off it with 5 minutes notice.

    The energy price guarantee doesn't apply when the price is below the 34p / 10.3p prices, but will kick in when the tracker prices hit that level, so the tracker is a bit of a no brainer because currently any tracker prices up to 51.9p/kwh for electricity and 17p/kwh for gas would be reduced down to 34p / 10.3p anyway.

    The EPG offers 17.9p/kwh discount against electricity and 6.7p/kwh discount against gas.

    Need to keep an eye on it, because there is a maximum cap at 100p/kwh and 30p/kwh for gas.

  • I don't see why but it doesn't say in the FAQs.

    We've only got a smart meter for electric because we couldn't have one for gas, so I've just asked them if we can join and whether you need a smart meter, so I'll let you know.

  • The tracker tariff can use a standard meter, they average.

    https://octopus.energy/smart/tracker/

    from the FAQ

    Do I need a smart meter?

    No, although it does make it easier, otherwise you need to submit monthly readings and an average for the month will be applied.

    *** Agile Octopus does require a smart meter though.

    https://octopus.energy/agile/

    My £50 each link --> https://share.octopus.energy/ready-cub-171

  • No, apparently not.
    Obviously it’s difficult to have an accurate day by day usage without a smart meter, but I believe that you get an averaged rate between your meter readings.

    Octopus installed replacement smart meters for me within a week, so unless you’re against smart meters for some reason, you can get them changed in fairly short order.

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