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Octopus Plans and renewals

Jun 14, 2020
395
64
Durham
Update

Rang them up and at first they made no sense and just told me about my “current” Go Tariff. I told them I already know what I’m currently getting but what about this email with “new tariff quote”

The advisor then went onto say that the quotation in the email is for a fixed plan and NOT the Go Tariff. I explained that the link from my email took me straight to this page, even the advisor said it was misleading.

I asked them to spell it out and they confirmed that the only price going up, would be my gas unit and NOT the leccy.

I guess time will tell.
 

Js1977

Member
Aug 13, 2020
299
147
Dorset
Update

Rang them up and at first they made no sense and just told me about my “current” Go Tariff. I told them I already know what I’m currently getting but what about this email with “new tariff quote”

The advisor then went onto say that the quotation in the email is for a fixed plan and NOT the Go Tariff. I explained that the link from my email took me straight to this page, even the advisor said it was misleading.

I asked them to spell it out and they confirmed that the only price going up, would be my gas unit and NOT the leccy.

I guess time will tell.
Nice. If so Ill be happy. However, I just bought over 100kg of coal with next summer in mind . Worst comes to worst, ill just make use f it through winter... Its exciting :D
 
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meavydev

Member
Jun 19, 2019
130
80
Berkshire
The problem is that electricity is going up at the moment due to the silly way they set pricing.
The most expensive generator sets the kWh price... so gas generated electricity.
So all the wind-farms are cashing in at the moment.
Time for them to scrap this silly method of pricing. Perhaps it was when they were subsidising nuclear?
 
  • Disagree
Reactions: btc1k

Swall101

Member
Sep 16, 2021
14
14
Hampshire U.K.
Hi all…. Was with Peoples Energy until they collapsed. Being moved over to BG as SoLR on price cap. All the advice is do not bother switching. However as a new EV owner and charge point being installed next week I’m guessing switching is indeed the right option? If that’s the case I’m guessing Go is what I’d switch to, is it still easy to change to Go Faster to take advantage of some evening cheaper rate and can that be done straight away as soon as switch goes through?
 

amnlinc

Member
May 31, 2021
45
23
Lincolnshire
Hi all…. Was with Peoples Energy until they collapsed. Being moved over to BG as SoLR on price cap. All the advice is do not bother switching. However as a new EV owner and charge point being installed next week I’m guessing switching is indeed the right option? If that’s the case I’m guessing Go is what I’d switch to, is it still easy to change to Go Faster to take advantage of some evening cheaper rate and can that be done straight away as soon as switch goes through?
I enquired about to faster last week and got a quick email reply with a link to a form. They said it would take a few days after it was submitted. I decided not to change at the moment as I would have the new day time rate (25p) rather than the old one (15p)
 
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Adopado

Active Member
Aug 19, 2019
4,293
3,251
Scotland
Hi all…. Was with Peoples Energy until they collapsed. Being moved over to BG as SoLR on price cap. All the advice is do not bother switching. However as a new EV owner and charge point being installed next week I’m guessing switching is indeed the right option? If that’s the case I’m guessing Go is what I’d switch to, is it still easy to change to Go Faster to take advantage of some evening cheaper rate and can that be done straight away as soon as switch goes through?

Once your meter readings are being received by Octopus.
 
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spooksman

Member
Jan 24, 2020
239
181
Manchester
Did I see somewhere that when on Go Faster the 'display' is kind of wrong (showing the daytime rate for some of the period) even though billing is correct?
 

Irata

Member
Oct 16, 2020
514
301
UK
Did I see somewhere that when on Go Faster the 'display' is kind of wrong (showing the daytime rate for some of the period) even though billing is correct?

Yes. The display always shows the peak rate, but the display has nothing whatsoever to do with billing and the billing is correct.
 
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Durzel

Active Member
Jul 17, 2019
3,546
2,549
Bath, UK
How does one find out when one’s Octopus plan is coming to an end? I daren’t contact them to find out and can’t find it obviously on the app/website.
 

meavydev

Member
Jun 19, 2019
130
80
Berkshire
Just a follow up about why electricity pricing is going up due to gas (From the OfGem site):

  1. Strong increase in gas prices as explained in the Gas prices (Day-ahead contracts) chart. Gas prices drive electricity prices as gas-fired generation is the marginal fuel in GB, so it sets wholesale power prices.
 

phil4

Member
Sep 8, 2020
336
190
UK
Just a follow up about why electricity pricing is going up due to gas (From the OfGem site):

I'd heard this... that basically all leccy is priced at what Gas generated leccy is priced at. Seems fundamentally broken to me. I wonder if it's because the old fossil fuel burning generators didn't want to be undercut massively by Solar and Wind, and so rigged the system so they're all charged at the same rate.

Seems comical to me... but there you go.
 

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