šŸ™Cut your energy bills nearly in half with Octopus Tracker

Billy Horner said:
Itā€™s not clear to me whether Octopus will introduce a new, cheaper, tracker formula from April ... If they do, itā€™s also currently unclear if they will allow you to switch to that cheaper formula if you renew now.
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Thanks

I hadn't considered them not moving everyone to a cheaper formula in 2 months time, & so I've already switched onto the new tracker.

Leaving one tracker & then being banned from joining another for nine months is something to ponder while I'm in the cooling off period.
 
newusername said:
Thanks

I hadn't considered them not moving everyone to a cheaper formula in 2 months time, & so I've already switched onto the new tracker.

Leaving one tracker & then being banned from joining another for nine months is something to ponder while I'm in the cooling off period.
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Probably only a theoretical risk hopefully. Worst case you could probably leave tracker (fee free) for some cheap fixes if necessary. Since they've started changing with the formula, I don't consider it worthwhile for electricity anymore anyway, especially as there are some cheap fixes around.
 
If you let the tracker for Electric expire and donā€™t renew can you then join when the new tracker rates are done or does it class you as coming off and make you wait 9 months? Iā€™m thinking because you havenā€™t cancelled mid-tracker you could re-join immediately
 
I'm on agile and have heating oil. Volatility for a bit while the world sorts itself out.

Hopefully normalise.

I'm never sure if anything ever drops back to its previous low with these things though.
 
Gas peaked this morning but has started to come down this afternoon. Hopefully it continues in the same vain tomorrow.

The spike will only be temporary and as FG said gas will cheapen in spring/summer with lower usage in any event
 
Any other double tracker people getting nervous...? Gas has jumped up nearly 50% and stayed there. Electricity more volatile but near or even over the cap many days
 
equaliser said:
Any other double tracker people getting nervous...? Gas has jumped up nearly 50% and stayed there. Electricity more volatile but near or even over the cap many days
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Am I right in thinking you can move onto a fixed term whenever you like on the tracker deal?
 
Markviduka said:
Am I right in thinking you can move onto a fixed term whenever you like on the tracker deal?
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yes, but if you leave the tracker you can't rejoin it for 9 months if i recall correctly, unless you leave it at the end of the tracker fix period i.e when it's expiring, but if pepe are worried about costs it's always an option
 
This winter the Tracker tariff hasnā€™t felt great I canā€™t remember the last time we had a couple of free hours. It seems like the EV charging tariffs are taking most of the benefit from the cheaper electricity.
 
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