Energy Provider ?

[Dave Blue]

Is that to pay the actual amount used , monthly ?

Because eon wanted me to set up a direct debit and their estimate was based on the most expensive winter payment so I told em no chance

The direct debit is divided by 12 based on anticipated annual consumption

[SLUDGE FACTORY]

The direct debit is divided by 12 based on anticipated annual consumption

The problem is that with 6 months of the year needing more heating and light a reasonable usage is bumped up

The estimate I was given was 12 x the 120 I use in the winter

So it was taking the piss and several hundred over my actual usage which in the mild months of November and February was very close to spring and summer amounts

I wasn't having that dave

[North Cardiff Blue]

The problem is that with 6 months of the year needing more heating and light a reasonable usage is bumped up

The estimate I was given was 12 x the 120 I use in the winter

So it was taking the piss and several hundred over my actual usage which in the mild months of November and February was very close to spring and summer amounts

I wasn't having that dave

If you are paying too much and build up a credit you can reduce the DD at next review, it's as broad as it's long, as long as it's cheaper in the end.

[SLUDGE FACTORY]

I asked a friend who works for EDF about switching to Octopus and she explained that their staff are not that savvy regarding the accounting side of it even though their Kraken system has been adopted by both e.on and EDF.

Kraken ?

[Taunton Blue Genie]

Kraken ?

Indeed, the accounting system. Named by the Octopus people, no doubt.

[SLUDGE FACTORY]

Indeed, the accounting system. Named by the Octopus people, no doubt.

Thought it was a town in Poland that fell to the nazis

[Taunton Blue Genie]

Thought it was a town in Poland that fell to the nazis

Are you going to Krakow again this evening?

[SLUDGE FACTORY]

Indeed, the accounting system. Named by the Octopus people, no doubt.

Thought it was a town in Poland that fell to the nazis

[SLUDGE FACTORY]

mine as an example is billed 18//19th of the month and the the direct debit for the full amount you owe/ used is taken 4/5th of the next month

I would find that tedious

[SLUDGE FACTORY]

Are you going to Krakow again this evening?

Krackerjack

[goats]

Bump….

[goats]

So my flexible octopus is coming in roughly the same as their loyal fixed, and with prices set to fall in July again I might just stay on my flexible tariff for now. You can guarantee it will rise next October so I might wait until the summer to fix a deal to get through next winter. I’m sure Putin will do something to make it a bit more expensive too……

[SLUDGE FACTORY]

So my flexible octopus is coming in roughly the same as their loyal fixed, and with prices set to fall in July again I might just stay on my flexible tariff for now. You can guarantee it will rise next October so I might wait until the summer to fix a deal to get through next winter. I’m sure Putin will do something to make it a bit more expensive too……

I switched to octopus, same sort of price as eon but easy to deal with

Eon were incompetent

[dandywarhol]

This site is known to be one of the most accurate energy price forecasters
https://www.cornwall-insight.com/pre...asts-for-2024/

[bluesp]

According to Martin Lewis the best fix is currently the EDF 1 year version. I’ve just switched to it from the standard variable tariff from the same provider.

[Taunton Blue Genie]

According to Martin Lewis the best fix is currently the EDF 1 year version. I’ve just switched to it from the standard variable tariff from the same provider.

Same here.

[Des Parrot]

Another vote for Octopus from me. I was with Bulb & when they went bump Octopus took over the account. Their website is very good as is their communication.

[Alan Lung]

Lots of nonsense spouted about smart meters, usually by people who haven’t got a clue about them! They are very good at providing accurate bills, and (contrary to what some tin hatters think), do not impact in any way on your privacy.

Oh dear.

[G rangetown Blue]

Oh dear.

Oh dear what ? …..You know something none of us know?

[G rangetown Blue]

I emailed Octopus, and now they’ve put me on a “loyal customer tariff” ….£120 / month less ! **I chose the variable opinion.

[North Cardiff Blue]

I emailed Octopus, and now they’ve put me on a “loyal customer tariff” ….£120 / month less ! **I chose the variable opinion.

I'm going to switch from Variable to Octopus Tracker April 2024 v1 the unit costs are much cheaper and Martin Lewis has done extensive research says don't get any fixed rate deals.

Brittish Gas have just rung me to retain and offered their best fixed rate similar to Octopus and £175 credit to stop my switch, but I think I'll still proceed and switch to the Tracker.

Electricity
Unit rate:
16.32 p/kWh
Standing charge:
61.19 p/day
Gas
Unit rate:
4.32 p/kWh
Standing charge:
27.47 p/day
Description
Tracker gives you the most transparent energy pricing in the UK. Every day, we update the price of your energy based on an independently published wholesale market price. The unit rate is capped at 100p/kWh for electricity and 30p/kWh for gas (including VAT).

https://www.moneysavingexpert.com/ut...ntly-worth-it/


The Octopus Tracker tariff – prices change daily based on wholesale rates

It's available to existing Octopus customers (though others can just switch first to its standard tariff, then to this) as a dual-fuel, electricity-only or gas-only tariff.

Rates change daily depending on wholesale costs (and where you live), which makes it more of a gamble, but over recent months it would've very substantially undercut the Price Cap.

If it does start to get expensive, you can just switch back to its price-capped standard tariff (though it may take two weeks and you can't go back to the Tracker for nine months). Plus you'll need to get a smart meter if you don't already have one.

While rates are cheaper right now, they can spike suddenly if wholesale costs rise
How much one week's energy would cost
Octopus has recently changed how it calculates unit rates for this tariff