🐙Cut your energy bills nearly in half with Octopus Tracker
- Thread starter ThatFragranceGuy
- Start date
Markviduka
Active member
sorted, spoke to customer services and the guy on the phone talked me through and reduced my DD to £200. He said he's been on it since October, he's scored big time.
Markviduka
Active member
No. They can work it out from meter readings. I think there is added incentives for Smart meter customers.
If you don't have a smart meter then they will obviously just have to do the average for the period so if you know electricity is cheap for a day so you plug your car in that day then they won't know that, they'll just have your 30 day usage for the period split evenly between the 30 days. The average rate is less than the price cap so you will still be saving anyway.
If you want a smart meter but don't have one I requested one on Tuesday, had a confirmation later that day they would arrange for one to be booked in, phone call Wednesday morning to say they had a cancellation in my area and then all installed and up and running by the afternoon. That's just electricity, my gas meter was an old smart meter which I have also requested to be upgraded.
As others have shared their referral (which I followed). Thanks @ThatFragranceGuy, I will also share mine. £50 off each bill
Octopus Energy
The UK's most awarded energy supplier. We're doing energy better - for you and the environment.
share.octopus.energy
ThatFragranceGuy
Well-known member
As said above you don't need one but it's better to have one and they seem pretty quick with appointments. It's fine giving regular readings but your smart meter can do it every 30 minutes.
TheOccasionalSpectator
New member
TFG - thanks for the tip. I've just signed up. Unlikely, but slight concern is if they were to pull the tracker before I can transfer from variable tariff as they say its takes up to 16 days to get SMETS2 readings.
It's upto 16 days. Mine installed yesterday took 16 hours (Electric one so Gas might be different). I could see the readings in my Octopus app this morning going back to 1pm yesterday which is when the install was complete.
ThatFragranceGuy
Well-known member
Very unlikely they will pull it -it's been going for months and it's getting them customers so think it'll be on long term.
Everything once done on their end goes through industry flows so you might not see stiff right away, my elec meter took 2 days. My gas meter they've booked an installer to come recommission it on Monday as they can't connect to it even though it's smets2 and sending readings to the DCC, they said it was a bit of of a head scratcher but they're coming Monday so no hardship
TheOccasionalSpectator
New member
Meant I already have smets2 installed (by BG last year) so reckon it will be very quick to ping changeover readings.
ThatFragranceGuy
Well-known member
Should be in theory, but like I say I had smets2 gas and my elec picked up quickly but they've had to find sort out gas
Suppliers should get a closing read easily enough off your smart meter and you provide an opening read to octopus if they can't get it automatically
The final bill process is 4-6 weeks as involves an independent body
You can move to the tracker via Twitter the day you go live so it's really quick - they seem to be online all hours (they were tweeting at 10pm last night)
WeeGord
Well-known member
Been with Octopus a fair while now and always been impressed - just switched over to the tracker today, thanks for the heads up.
Following the trend, if anyone wants to join them and get a free £50 towards their bills, here's my referral link. Cheers folks!
share.octopus.energy
Following the trend, if anyone wants to join them and get a free £50 towards their bills, here's my referral link. Cheers folks!
Octopus Energy
The UK's most awarded energy supplier. We're doing energy better - for you and the environment.
share.octopus.energy
proctors_perm
Active member
I’m going to give it a go, thanks for the link. Here’s another one if someone else is interested
Octopus referral
Octopus referral
VladKinder
Well-known member
Todays rates are:
6.21 kw Gas, which is the lowest this year so far.
25.04 kw Elec, which is down a bit from the last 5 days.
Just to answer a few questions:
No, you don't need a smart meter. I've never had one fitted. But I do take manual readings a couple of times a week to keep straight.
If Tracker prices spike Octopus say you can go back to their Standard Variable with Energy Cap within 24 hours.
Personally, if something geo-political happens to cause a huge spike and I can't get through to Octopus I will do a switch back to Shell SV and then cancel the switch if I can get through to Octopus and/or prices calm down.
In the past Tracker prices have been more than the SV with EC maybe 2 or 3 days a month, so don't get concerned and jump back and forth on tariffs if this happens.
Like the stock market, the odds are in your favour as long you show patience and don't panic sell (or in this case switch).
If you want to know current prices in App:
Click on Usage (lightning symbol middle bottom)
Then under Your Tariff click on the two Octopus Tracker with a purple/pink lightning symbol and the light blue gas symbol.
£50 each still:
share.octopus.energy
6.21 kw Gas, which is the lowest this year so far.
25.04 kw Elec, which is down a bit from the last 5 days.
Just to answer a few questions:
No, you don't need a smart meter. I've never had one fitted. But I do take manual readings a couple of times a week to keep straight.
If Tracker prices spike Octopus say you can go back to their Standard Variable with Energy Cap within 24 hours.
Personally, if something geo-political happens to cause a huge spike and I can't get through to Octopus I will do a switch back to Shell SV and then cancel the switch if I can get through to Octopus and/or prices calm down.
In the past Tracker prices have been more than the SV with EC maybe 2 or 3 days a month, so don't get concerned and jump back and forth on tariffs if this happens.
Like the stock market, the odds are in your favour as long you show patience and don't panic sell (or in this case switch).
If you want to know current prices in App:
Click on Usage (lightning symbol middle bottom)
Then under Your Tariff click on the two Octopus Tracker with a purple/pink lightning symbol and the light blue gas symbol.
£50 each still:
Octopus Energy
Octopus customers pay less: Cheaper than price-cap prices, rewards for using less when the grid is stressed, and smart tariff savings for your home, car or battery
share.octopus.energy
ThatFragranceGuy
Well-known member
Even if they do go above SVR rates, the EPG discount then kicks in - they would have to go above SVR rates + the EPG discount levelTodays rates are:
6.21 kw Gas, which is the lowest this year so far.
25.04 kw Elec, which is down a bit from the last 5 days.
Just to answer a few questions:
No, you don't need a smart meter. I've never had one fitted. But I do take manual readings a couple of times a week to keep straight.
If Tracker prices spike Octopus say you can go back to their Standard Variable with Energy Cap within 24 hours.
Personally, if something geo-political happens to cause a huge spike and I can't get through to Octopus I will do a switch back to Shell SV and then cancel the switch if I can get through to Octopus and/or prices calm down.
In the past Tracker prices have been more than the SV with EC maybe 2 or 3 days a month, so don't get concerned and jump back and forth on tariffs if this happens.
Like the stock market, the odds are in your favour as long you show patience and don't panic sell (or in this case switch).
If you want to know current prices in App:
Click on Usage (lightning symbol middle bottom)
Then under Your Tariff click on the two Octopus Tracker with a purple/pink lightning symbol and the light blue gas symbol.
£50 each still:
Octopus Energy
Octopus customers pay less: Cheaper than price-cap prices, rewards for using less when the grid is stressed, and smart tariff savings for your home, car or battery
ThatFragranceGuy
Well-known member
I've updated the OP with step by step and tried to cover off most the questions that I've seen on this thread so far, how to join, how to switch to tracker, how to set up alerts; the url with prices etc
Octopus have confirmed that the April price increase of £500 to the epg won't impact wholesale unit prices, just the point that the discount for EPG kicks in at so if wholesale remains low we'll save even more. Looking like a beaut so far!
Octopus have confirmed that the April price increase of £500 to the epg won't impact wholesale unit prices, just the point that the discount for EPG kicks in at so if wholesale remains low we'll save even more. Looking like a beaut so far!
ThatFragranceGuy
Well-known member
Android users - a way to get alerts via the Octo-Aid aid app community discord server
Octo-Aid Discord Server (also works for Android Users)
As a lot of you already know, there is an Octo-Aid discord server (only started yesterday). I'm going to open it up with a link below to join, to try and get some feedback on how its going.
On the Discord server there is a category for Notifications, and in this category is a channel for each region. Gas and Electric tracker rates will be automatically posted each day here as soon as they are available, so pick your region and turn on notifications for that channel.
There is also a couple of other text channels and a forum available to use to ask any questions or just have a general discussion. I'm thinking of disabling the facebook groups chats feature possibly and having Discord for chats instead (depending on what people think). As always this facebook group will be the main community.
As Discord is available on android, this also means that you can now get tracker notifications until Octo-Aid becomes available on the Play Store. I'll also look at adding Agile to Discord as well shortly and anything else that is requested.
Server link;
discord.gg
You can disable/enable notifications on a channel basis
Octo-Aid Discord Server (also works for Android Users)
As a lot of you already know, there is an Octo-Aid discord server (only started yesterday). I'm going to open it up with a link below to join, to try and get some feedback on how its going.
On the Discord server there is a category for Notifications, and in this category is a channel for each region. Gas and Electric tracker rates will be automatically posted each day here as soon as they are available, so pick your region and turn on notifications for that channel.
There is also a couple of other text channels and a forum available to use to ask any questions or just have a general discussion. I'm thinking of disabling the facebook groups chats feature possibly and having Discord for chats instead (depending on what people think). As always this facebook group will be the main community.
As Discord is available on android, this also means that you can now get tracker notifications until Octo-Aid becomes available on the Play Store. I'll also look at adding Agile to Discord as well shortly and anything else that is requested.
Server link;
Join the Octo-Aid Discord Server!
Check out the Octo-Aid community on Discord - hang out with 187 other members and enjoy free voice and text chat.
You can disable/enable notifications on a channel basis
ThatFragranceGuy
Well-known member
For any data geeks out there, someone on the octo-aid community has created a google sheets tracker. they've only done gas so far, but shows average and historic prices in a nice chart - theyre adding electric shortly.
docs.google.com
OctoAid | Sheets
Gas_Tracker_Dashboard Gas Tracker Dashboard Eastern,Flexible Rate:,10.31 Todays Rate:,3.5805,Average Rate:,5.047472601,Mode Rate:,10.30974,Highest Rate:,10.97649,10/12/2022 Tomorrows Rate:,3.5805,Median Rate:,4.6095,Standard Dev.,1.580265766,Lowest Rate:,3.3075,20/02/2024 East Midlands Todays Rate:
Just had an email wanting me to confirm switching to tracker.
It states;
Current Elec 69.42 kwh
Standing charge 46.95per day
Tracker average for the year 53.96 kwh
Standing charge average 17.96 per day
Current Gas 17.09 kwh
Standing charge 26.84
Tracker average for the year 17.09 kwh
Standing charge average 15.08 per day.
Looks like I will be saving quite a bit but confusingly they want to increase my Direct Debit by an extra £100 per month.
Originally I was with Eon and paying £185 per month, and over £300 in credit. Im now expected to pay £317 per month.
That's a large increase considering I'm supposed to be saving money. I assume I will be building up credit again before my D/D drops again.
It states;
Current Elec 69.42 kwh
Standing charge 46.95per day
Tracker average for the year 53.96 kwh
Standing charge average 17.96 per day
Current Gas 17.09 kwh
Standing charge 26.84
Tracker average for the year 17.09 kwh
Standing charge average 15.08 per day.
Looks like I will be saving quite a bit but confusingly they want to increase my Direct Debit by an extra £100 per month.
Originally I was with Eon and paying £185 per month, and over £300 in credit. Im now expected to pay £317 per month.
That's a large increase considering I'm supposed to be saving money. I assume I will be building up credit again before my D/D drops again.
Markviduka
Active member
Wouldn’t worry about they did exactly the same thing with me. I just called them and reduced the direct debit. I think they do it to cushion any spikes in price changes