Energy Suppliers, Suppliers of Energy. Gas / Electric

Same i'm on the tracker too with Octopus and I think I may just switch to there fixed, it seems the same price as all the other according to MSE energy club.

I’m paying £5 more per month, but this is against the current price cap. When it goes up I should start saving. The octopus prediction was over £100 for the year.

I fixed. I have no idea whether I should or not but people have mentioned it so I thought I'd follow the crowd.

Are you with octopus? They give you a pretty clear breakdown.

I am, it did. It seems cheaper based on the new charges that have just come in but obviously they change quarterly.

It seems easy to come out of it though so why not.

Yep, no exit fees is a real plus.

I find the Octopus Compare App quite helpful. You can compare tariffs and it will scrape your info and you can see the costs across their tariffs.

OctoAid is another good app imho.

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OVO have a tariff that if you take their boiler care out has a standing charge about 30p a day cheaper across the gas and electric. If you are a low user and don't mind having boiler cover could work out as a good deal.

We did a two year fix with Ovo a month ago, with what’s going on in the world at the moment we thought it was worth hedging bets. The last time we did a two year fix was June 2020 and that saved us an absolute fortune.

The tracker has been great for me...got on in the early days and saved a small fortune compared to the various price caps.

Obviously there is no way to compare the tracker to any of the fixed deals...as the tracker changes every day...basically I'm gambling on the chances of world war 3 right?

I did the same a couple of days ago too

After taking a proper look at things today, the 12m fixed deal with Octopus is only marginally more expensive than today's tracker price. Prices are also already quite a bit above where the tracker was a year ago - so seems likely they will go higher still, even without the uncertainty in the middle east. I've fixed, but will try and get back on something else on the other side of the cold months.

There are several different tracker tariffs depending on when you joined. The older one are better, the newer ones are pretty marginal value.

switching to Octopus, is there a way to pay for it using a credit card instead of direct debit?

They may make it very difficult but you should be able to request to pay on demand (ie pay when you get your bill). Will probably need to call them, most suppliers much prefer DD set ups but can’t exclude PAYG customers even if they don’t make it easy to join

Your Octopus Energy Referral code
Use this link to sign up to Octopus - https://share.octopus.energy/smart-finch-595

Switching code in case you need it. Usually you can top up your account with credit card if you want to it you’ll probably still need a direct debit setup

Ask to be moved to a variable direct debit.

You used to only get good deals if you pay through DD, don't know if it's still the case?

ah fine, not easy then, sticking with DD

Octopus had a free 1 hour of electricity today between 1-2pm.

Not sure I had many more things I could run/charge:

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Yeah I think we are entering a short era where those with a home power bank, or electric car can make some gains by being very flexible with their demands. Possibly even make money if you still have an export tariff from years back.

. know various folk on new new estates that can't get decent chargers fitted as local grid basically won't support it

I mean, using 18kw during that session saves us about £5.40.

If you have a large, easily controllable battery and the octopus agile tariff, you could fill the battery when you could at the very low prices <3p/kw, and export at high demand times and sell at >30p/kw.

We have the fixed 15p/kw tariff which is excellent in combination with the overnight 7p intelligent octopus tariff.
Any excess solar gets sold, all our home use is from the battery, and car gets charged overnight.

We've been paying £25 a month for the last 18 months or so for gas and electric. (covers standing charges) and carrying over £500 credit into the colder months.

Asked octopus about Agile so many times, won't cover our area, basically no tariff does. And we are on electric resistance heaters as very not easy to install air source pump due to old building, conservation area, only place for pump is gonna be noisy for neighbour and nearest service engineer is a 3 hour drive= would like it, but basically not workable.

So stuck on almost the cap basically at all times. However because there is no incentive to use peak time power, just use the hell out of peak time power when needed. For everyone's loose.

Tomato energy. New company with a daft name however if you....
Have an EV or plug in hybrid
Have a battery bank
Have electric panel heaters or salt furnace

Get on their lifestyle tariff. They have 3 different variations. Giving normal day rate, half price day rate and an few hours in the night at 5p rate.
For us they do an electric heater one that gives you 3 hours in morning and 3 hours in early evening at 14p a unit instead of 25p (cap) which gives us a saving of about 2£k a year compared to last year.

Don't think there is a referral scheme yet but will put up a code if there is one (used to be £50 credit each way).