Smart Meters and Tariffs

[SnoopZ]

Octoplus Rewards are giving 4 free Rakuten TV movies(1 a month) until then end of June, once the code is activated to purchase a movie you have 30 days to watch each movie. The current code expires today so I just grabbed a movie, I normally source my movies by other means but I'm happy to go legit if possible.

Octopus SVT goes up to 26.37p in the East Midlands next week.
Interestingly, the standing charge will be 48.01p, which is lower.

[SnoopZ]

I wonder what the April 2025 Tracker will be compared to the December 2024 one I've just signed up to?

The current SVT caps for East region are 50.84 Electricity and 36.31 Gas for Standing Charges.

Intelligent Octopus Go overnight rate is remaining unchanged at 7p, but my daytime rate is going up about a penny and a half. I’ve signed up for their fixed rate gas.

I signed up for the fixed rate gas last November, and it was cheaper than SVT or Tracker over the whole of Winter.

Tracker however has dropped below it quite a few times in March. I cant switch back to it because of their stupid 9 month rule.

Electric wise I moved back to Agile from Go in Mid Feb, and since then they have mostly been similar, I'm 19p up over the last month, although the predictor shows I should gain quite a bit more over the next few days.

The general opinion on sites seems to be that Agile is good starting in Spring, through the Summer, and into early Autumn, but not in Winter. That has been my experience as well.

Tomorrow sees the first negative prices on Agile since new years day.

[SnoopZ]

Originally Posted by Paul

Tomorrow sees the first negative prices on Agile since new years day.

Good unit price on my Tracker tomorrow at 14.92.

Yeah, Ive had to revert to checking on my compare app & OctopusHome
Agile buddy is down, and agile predict is broken atm, prices are -5p at one point.

Did my longest round trip yet in my wee Dacia Spring yesterday. Just a fraction under 100 miles, for £1.63 worth of electricity on Intelligent Octopus Go overnight rate. Very pleased that the overnight rate isn’t going up next month!

Lots of Solar Power around in the daytime atm, making for some cheap afternoons on Agile.

[SnoopZ]

Something unusual going on with Octopus 12 month fixed rate tariff in my area, the April 2025 tariff is now on version V4 and limited to the first 30K customers... Electricity 22.95 Standing charge 47.61 with £50 exit fee.

Does anyone know whether I can sign up to this when I've already signed up to the December 2024 tracker which is due to start in 4 days?

Edit-

After contacting them on Twitter I decided to change to this 12 month fixed rate April 2025 V4 tariff because it seems cheaper than my April 2024 Tracker, hopefully i made the right choice, gas maybe a little more expensive but atleast it's fixed and hopefully the April 2025 Tracker won't be better.

Electricity
Unit rate:
22.95 p/kWh
Standing charge:
47.28 p/day

Gas
Unit rate:
5.65 p/kWh
Standing charge:
31.10 p/day

[Jaymoss]

Originally Posted by SnoopZ

snip

I am on November 24v3 looks like I too will be moving over. Messaged them on X

[SnoopZ]

Originally Posted by Jaymoss

I am on November 24v3 looks like I too will be moving over. Messaged them on X

Hope it's easy, my Tracker hadn't started so they said signing up on the app would cancel the Tracker.

£50 exit fee ? Thats new.
I guess they finally realised how much people are hopping around.

The prices are not bad TBH, the Gas is fractionally cheaper than my current deal (5.61 v 5.68).
However, the standing charge is more (31.15 v 29.43) so I wont be tempted.

The electricity is pretty good @ 21.9, with 48.01 standing charge (East Mids).
Agile has been generally been lower than 21.9 for the last 2 weeks, much lower on some days.

Therefore not tempted by that atm either. The current annoyance with Agile is they havent lowered the standing charge.
I'll wait and see what the rest of Spring, and Summer brings. I definitly wont be on Agile next winter, thats one lesson learned.

[SnoopZ]

Originally Posted by Jaymoss

I am on November 24v3 looks like I too will be moving over. Messaged them on X

If you managed to change tariff, you will also need to update your payment amount, mine increased to their estimate so I bumped it back down to £90 a month instead of £96.