Quote:
Originally Posted by ianch99
FYI, you can sign up to Octopus Agile again. I have just switched to see how things get on while we have a degree of protection from the Energy Price Guarantee (until end of June). Should be interesting to see how the costs vary.
I see others on a Octopus Tracker tariff for Gas - how does this work?
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Tracker and Agile both use the same source pricing (dailies), but tracker is averaged out cost over day so you get one rate for all day, Agile is 30 min rates so it shifts twice an hour.
Agile also can go negative (you get paid to use) whilst Tracker cant.
Agile is electric only, whilst tracker is gas and/or electric combo.
---------- Post added at 17:20 ---------- Previous post was at 17:13 ----------
Quote:
Originally Posted by Paul
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Was expecting it, all the signs were there its being wound down, the nerfing of EPG, the big sign is the latest COL payments announced actually also do include a payment in 2024 despite the likes of the BBC advertising them as all this year in headlines, that alone suggested they were to be the last one's.
Originally the help came as Labour were absolutely persistent with harassing in parliament during PMQs and the press were (unusually) pestering cabinet members about the poor needing help (very rare in UK politics), Boris even during a over seas diplomatic interview next to finish PM got embarrassed when a reported asked him why he was spending billions on Ukraine whilst at home people couldnt pay their bills. It eventually forced action.
However Labour since Boris resigned have shifted significantly, all pressure from them has stopped, the media have also gone back to just a few left wing papers talking about it, so all pressure is off the government again, there is Martin Lewis who does get TV time, but I expect they will fend him off.
Part of the problem is that the wider population didnt really think it was an issue until last winter, whilst the poorest were likely struggling from the very first part of the crisis and especially after the rise in April 2022. This has led to a mindset where the prices from July onwards are now ok providing the mainstream population are happy enough of which they seem to be.
This mindset is also apparent on the SC, where many people dont seem fussed about the way it has shot up.
Dailies are heading towards pre crisis region of pricing, but its predicted SVR will be end of decade at earliest. Hedging energy is going to continue to have a premium attached to it.