Energy price rises - what are you paying?

[Mr Whippy]

defblade said:

Thanks for the last few days' posts, folks - it has encouraged me to get off my arse (well, actaully, sit down on my arse) and check Tracker prices vs capped... looks like the tracker prices have only just touched the capped rates a couple of times around here in the last year. We use a fair bit of electric and it's fairly constant across the year, so pretty much a no brainer.
Tracker application in

Now, I'm not going to be checking unit prices every day, or even every week - it's enough to know it's most likely cheaper; money's not that tight... I'm just going to rely on this thread and the Octopus one to wave any major red flags going forwards, so please don't let me down!

I’m tempted by the Octopus tracker still.


A question for those on it.

Assuming shtf is the plan to just be an energy miser until it settles down?

Or if it endures quickly swap to a capped offering (assuming a supplier would want your business, doing swaps in 2022 was near impossible as suppliers were just taking on a liability with your new business)?

[Zoon]

If you can avoid major usage between 4-7PM Agile is cheaper.

[Mr Whippy]

16:00-19:00 is prob peak here.

No battery, though I’ve been tempted. I’m not planning on staying in this house longer than necessary so likely wouldn’t have it pay off.

[markiii]

Could always take the battery with you

[Mr Whippy]

Yes there is that option. Then it’s just the installation/disconnection cost to cover, in theory.

[the-norseman]

I'm currently with Eon next on their next flex , they are now offering me a number of different tarrifs, the "cheapest" one has the same standing charges for gas and electric but the unit rates are lower.

Am I best waiting till this new cap comes into force before comparing? in the past I've just gone with who ever was cheapest at the time and had £0 exit fees. Eon want £150 each fuel exit for their new ones which tells me they know they will catch people out.

unit rates are 28.02p per kwh currently vs 22.41p per kwh electric, 7.29p per kwh currently vs 5.97p per kwh gas.

[Scabutz]

the-norseman said:

I'm currently with Eon next on their next flex , they are now offering me a number of different tarrifs, the "cheapest" one has the same standing charges for gas and electric but the unit rates are lower.

Am I best waiting till this new cap comes into force before comparing? in the past I've just gone with who ever was cheapest at the time and had £0 exit fees. Eon want £150 each fuel exit for their new ones which tells me they know they will catch people out.

unit rates are 28.02p per kwh currently vs 22.41p per kwh electric, 7.29p per kwh currently vs 5.97p per kwh gas.

It's worth comparing against the Cornwall Insights predictions. They've been pretty solid last few quarters. Most fixes I've seen are still above the Q3 and some the Q4 estimates. Fixes to me still look like security rather than VFM.

[the-norseman]

Scabutz said:

It's worth comparing against the Cornwall Insights predictions. They've been pretty solid last few quarters. Most fixes I've seen are still above the Q3 and some the Q4 estimates. Fixes to me still look like security rather than VFM.

Just read the jargon at bottom of the Eon page, it reckons they guarantee their prices will be lower than the cap and will update every 3 months, so to me that doesn't sound like your actually locked it, if it sky rockets again they will be able to put it up.

[FiF]

Scabutz said:

It's worth comparing against the Cornwall Insights predictions. They've been pretty solid last few quarters. Most fixes I've seen are still above the Q3 and some the Q4 estimates. Fixes to me still look like security rather than VFM.

That echoes my thoughts. Still on the variable and underpaying by 150 pcm vs winter levels to get credit balance down now OVO stopped paying interest.

[Mr Whippy]

Does anyone here know what happened with Avro/Octopus?

I had a bit of a debt to Avro, though I’d dispute the size as they always had it wrong. I think it was £350 according to their estimated readings into the whole mess that followed.

Then they collapsed, moved me to Octopus.

Then two weeks later we moved, and new place (new build) was already on BG and running… so I literally paid Octopus what they asked for.
A month after moving I confirmed all was clear and zeroed and cancelled etc, and drew a line under it.


Maybe six months later the mystery £350 appeared as a debt on Octopus account page, under Avro Repayment plan.
Since I would dispute it any way, and they’d not called or emailed me, I left it.


I’ve been on again today and it’s still there, but now about £250 owed under the Avro Repayment Plan.


As I understand it Avro were in administration and now being liquidated.

So who owns this debt? Octopus?

Who is paying this balance down? Elevated standing charges via Ofcom?


I can only assume correcting the readings and owed amounts from Avro, to Octopus, retrospectively, is going to be a fools errand and a waste of my and their time.


And if I pay it off, am I just giving money to liquidators or other money-people, or subsidising BG bonuses…?
Or is ‘society’ going to be better off fractionally sooner?


I might just set up a new Octopus account to be able to use their services again. Resurrecting this Avro (and 2 weeks of Octopus) from previous home, might not be ideal.