Pink Duck
Active Member
Energy suppliers are due to contact customers shortly about the impact on expected October rates, including fixed and possibly option to switch to standard variable without penalty.
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IO is a fixed tariff. If fixed are reduced, I don’t see why it wouldn’t be.What about Intelligent? From what I understand that is also fixed (mine is until next year).
Agree. The averaged rate is 29p or there abouts.I'll be quite surprised if Octopus change the rates of Go/Intelligent.
Point 15 has been updated. It is looking like ‘all’ fixed tariffs will get the discount which suggests all go, go faster and IO will be reduced to below the price cap. That’s astonishing.Energy suppliers are due to contact customers shortly about the impact on expected October rates, including fixed and possibly option to switch to standard variable without penalty.
If I get 30% off, my rates will become 3.5p/10.91p; I really can't see that happening. I won't speculate anymore, and will wait until I hear from Octopus.I'll be quite surprised if Octopus change the rates of Go/Intelligent.
More accurately, they're ToU tariffs. That I suspect, along with Octopus' long-standing position that the 5p/7.5 rate represents particular value, makes me think they'll leave them alone.IO is a fixed tariff. If fixed are reduced, I don’t see why it wouldn’t be.
You would be one of very very few in the UK in that position. I wouldn’t put it past a blanket discount, a small few people will have extreme low rates, but it will be easier managed.If I get 30% off, my rates will become 3.5p/10.91p; I really can't see that happening. I won't speculate anymore, and will wait until I hear from Octopus.
Still ‘fixed’ term tariff. Time will tell haha.More accurately, they're ToU tariffs. That I suspect, along with Octopus' long-standing position that the 5p/7.5 rate represents particular value, makes me think they'll leave them alone.
One of those where I'll be delighted to be be proved incorrect
Updated factsheet published: Energy bills support factsheet: 8 September 2022
If Go is fixed then it seems amazing
The thing to note is the government are giving Octopus 17p per unit: Octopus lose nothing. So fingers crossed!
That box is confusing. The 37p is the standing charge. The “dynamic rate” means the 40p/7.5p rate. You have the correct rate, don’t worry.I’m so confused. I’ve just moved my tariff to Octopus Go and according to the app pay the following: 37.65p (dynamic unit charge) and between 4.30am thru to 00.30 I pay 40.13pkwh. Before I fixed there was a period of very low pkwh between 00.30 thru to 4.30am. That’s now disappeared. Have Octopus already factored in the changes? And more importantly is this good as I’m fixed for 1 year?!
It does look like that on the app, login to the website and you will see the off peak rate, it doesn’t show in the appI’m so confused. I’ve just moved my tariff to Octopus Go and according to the app pay the following: 37.65p (dynamic unit charge) and between 4.30am thru to 00.30 I pay 40.13pkwh. Before I fixed there was a period of very low pkwh between 00.30 thru to 4.30am. That’s now disappeared. Have Octopus already factored in the changes? And more importantly is this good as I’m fixed for 1 year?!
Does that mean Octopus have to pay us 9.5p for off-peak charging?
If the reduction applies to us at all it will only apply to the peak rateDoes that mean Octopus have to pay us 9.5p for off-peak charging?
Haha I nearly posted this question myself yesterday evening, and then found the same answer that the site shows the cheap rate, unlike the app (I wasn’t too worried as the app states the day rate against the expected hours, which definitely indicates getting the expected tariff, but still an annoying glitch in the app currently).It does look like that on the app, login to the website and you will see the off peak rate, it doesn’t show in the app
App
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Website
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