hewielewie
Well-known member
Why should he?Hes gone deaf.
Why should he?Hes gone deaf.
So you not paying any Standing charges then ? How did you get out of that ? Leccy SS now 57p a day so that's over 210 missing from your formula alreadyIt's really simple. Your DD is calculated as: your expected usage x unit rate divided by 12. It's not complex. Plug whatever unit rate you can get for a fix, tracker, or whatever and insert it into the formula and you will find your comparable DD amount.
Everyone else, stop feeding the troll. The amount of hot air he spews should keep unit rates down at least.
I don’t know many energy providers that don’t let you adjust your DD
I'll get more enjoyment out of the grand I've saved in 6 months I find it quite enjoyable beating the system most people are on, or helping them get off that system too.Can we factor in the loss of life enjoyment taken by the daily monitoring of gas and electricity unit rates. There’s got to be more to life than this
I had £400 credit with Eon, so I requested £300 back via their online details and they repaid it inside a week.British Gas wouldn’t let me reduce online only put it up, even though I was £600 in credit. Had to go onto online chat, 500 in the queue ahead of me when I first got on, managed to reduce by £90 a month.
Yes, you are right. I just assume the standing charge is the same for the tracker as it is the price cap so for comparison I leave them out but they would need to be included for the direct debit.So you not paying any Standing charges then ? How did you get out of that ? Leccy SS now 57p a day so that's over 210 missing from your formula already
It's really easy to make a spreadsheet with a few columns for exampleYes, you are right. I just assume the standing charge is the same for the tracker as it is the price cap so for comparison I leave them out but they would need to be included for the direct debit.
Edit: Just checked and the standing charge is actually lower at 41.61p on the Tracker vs Flexible tariff 49.77p
The government has cocked this up massively by not talking in unit rates,
Absolutely, and it's a shame that hiding behind basic numbers and insinuations like this works with so many folk, and that they're allowed to get away with it.It’s deliberate.
Means they can claim bills are falling when they are not.
If the prices go up you have the option to come off it penalty free.Got to reiterate that it's always good to have a discussion and debate these things properly. Scrutiny is good - not bad. The tracker is obviously working for some, but it is a tracker. If prices go up - the tracker goes up. Those prices have the potential to go higher than a variable tariff or a fixed tariff. It's all well and good saying you can just leave - but what happens if people feel obliged to stick it out. There's psychology at play that could hit people's pockets. Even more so if you've turned down a fixed rate deal you were comfortable with. That deal probably won't be available for those running from the tracker in a rising market.
It's also worth noting that Octopus themselves and entities such as Money Saving Expert make it clear there is risk involved. Indeed, MSE suggest it's difficult to know if you will actually save any money. That's a very different narrative to what's been put out on here. Octopus say the tracker has represented around a 4% saving on the average bill. That's maybe £80-£100 which doesn't sound quite as good as what some have said they are saving. There's no guarantee that the tracker won't go the other way.
I don't really see a problem with TFG making some affiliate money. TFG and Andy are just doing their thing. Sometimes they are right and sometimes wrong. I'd think about giving each of them a job if they needed one. But they wouldn't be on the forums or social media as much - I'd be clamping down on that a bit.
A.K.A The Tucker Carlson ploy
Every post he makes is a sad fabrication. It's odd that someone would spend so much time, to try and either deceive, troll, or post so much about things with no experience or knowledge, and only on topics which will cost people money in a cost of living crisis (if they listened). How embarrassing.If the prices go up you have the option to come off it penalty free.
You claimed to have spoken to people who were paying more on the tracker, perhaps you could explain how that's even physically possible considering the unit rate and standing charge has been consistently lower? Of course the answer is because you made that up, so no such conversation actually took place of course.
Or maybe you could ask one of the people in the large thread who have switched what their bills have gone up since joining? Of course you'll struggle, because they haven't gone up.
Or maybe you could check the average savings on gastracker.uk crowd sourced data?
No deal is £700 cheaper than the price cap, plus £50 for joining. Prices went up over winter last year, it was still below price cap majority of winter. The thread clearly calls out that prices can rise and if it's something you're not comfortable with it's not the product for you, so thanks for rewording the warning people were already given.
Even if someone joined now, at what is likely to be the trackers most expensive period, they would still be on course to save money long term as tracker, as you say, is variable but follows the wholesale price. If prices do go up, so will the price cap, so they'd pay more if they weren't on the tracker.
Anyone taking a fix is basically fixing at the current price cap which is hardly a bargain.
View attachment 65438