Gas & Electricity

[Uwe Already]

If you haven't fixed your gas and electricity do it now before the deals are pulled.

Hehe, thanks a good shout - I looked to fix on octopus but thought to wait for April, saw this had a proper look and saw the offer included a drop in April. So signed up Sunday evening and lo and behold things are changing rapidly https://www.bbc.co.uk/news/articles/c3ewwej0p13o

 

[kaz7]

I have got a nice surprise from OVO, i registered as a vulnerable person answered a few questions and that was it. I
got a message a couple of days ago to say they are sending me a desk heater and an air frier to help me with energy costs and a company has already contacted me to check i am getting all the benefits and grants i can and also looked at my fixed contract and confirmed it was the best one for me

Go OVO !

 

[SilverFox2]

On top of a drop of 21 to 10 percent on vat equivalent for petrol in Spain the vat on electricity is to be removed and today's price on a bottle of butane or propane is frozen.
All await publication but will happen in next 2 or 3 days.

Edit
Hydrocarbon tax on petrol removed temporarily and it's vat equivalent removed.

 

[Pontypool Blue]

I have got a nice surprise from OVO, i registered as a vulnerable person answered a few questions and that was it. I
got a message a couple of days ago to say they are sending me a desk heater and an air frier to help me with energy costs and a company has already contacted me to check i am getting all the benefits and grants i can and also looked at my fixed contract and confirmed it was the best one for me

Go OVO !

Just had my e mail from ovo. My night time electricity is being reduced from 7p to 3.5p.

 

[kaz7]

Just had my e mail from ovo. My night time electricity is being reduced from 7p to 3.5p.

I switched to them a couple of years ago from the twats at EDF, bestest decision i have made energy wise, i am very impressed with them

 

[Blue Maverick]

Just had my e mail from ovo. My night time electricity is being reduced from 7p to 3.5p.

Got similar from Octopus, wil cost me £10 a month to charge my car now!

 

[Pontypool Blue]

Got similar from Octopus, wil cost me £10 a month to charge my car now!

Lol. Yes £2.20 now to charge mine

 

[Blue Maverick]

Lol. Yes £2.20 now to charge mine

Just checked their new tariffs might lock in with whats going on, more than the drop in April but less than now, I reckon they’ll sky rocket come winter

 

[bluetonium]

Just took delivery of my new EV, and British Gas have changed all their EV tariffs and reduced options. They wouldn't let me switch before because they wanted proof I had an EV.

Octopus on the other hand are telling me I can have 5.5p per kwh from April fixed for a year.

Only issue is that I'm in a contact with British Gas until July, at 24.p per kwh all day any day, but half price on Sundays and power plus deduction of 25% for EV charging.

Feel like I need to spend an entire morning working out which option is best here!

 

[Alan Harper's Tash]

Our fixed rate with Octopus finishes in June.

Is it worth changing now to another fixed rate with them? They’re offering a 10 month fix at £20 more a month based on our usage.

 

[BerkshireBlue]

Just took delivery of my new EV, and British Gas have changed all their EV tariffs and reduced options. They wouldn't let me switch before because they wanted proof I had an EV.

Octopus on the other hand are telling me I can have 5.5p per kwh from April fixed for a year.

Only issue is that I'm in a contact with British Gas until July, at 24.p per kwh all day any day, but half price on Sundays and power plus deduction of 25% for EV charging.

Feel like I need to spend an entire morning working out which option is best here!

there is usually an exit fee that you can pay, normally £50 for gas and £50 for electricity. if that works out cheaper/similar to the savings then don't wait

 

[denislawsbackheel]

Our fixed rate with Octopus finishes in June.

Is it worth changing now to another fixed rate with them? They’re offering a 10 month fix at £20 more a month based on our usage.

Snatch their hands off.

 

[Alan Harper's Tash]

Snatch their hands off.

If we do it now, it’d end in January, which could be a brutal rise then, but I guess it’d shield us from mega rises before then.

 

[hampshireblue]

My plan is to increase our DD when prices come down in April so building up some additional credit. If prices go up again in July as they will, that will only apply for 3 months so the real kicker will be at the end of September. Our usage particularly of gas is minimal in the summer months so hopefully by September the war may be over but we will have built up a decent buffer for next winter. We're on a fixed rate but I understand Octopus have agreed to reduce the rates in April.

 

[Two Gun Bob]

Snatch their hands off.

Plus they wont lock him in with exit penalties so win win

 

[Alan Harper's Tash]

Plus they wont lock him in with exit penalties so win win

£50 exit fee for each fuel, but I’ve done it as there’s unlikely to be a better deal offered anytime soon.

 

[youngbob]

Submitted electric & gas meter readings with Octopus this morning. First ones I've submitted in about six months or so. The credit in my account jumped from £4 to £1,500. I've double and triple-checked the meter readings a couple of times and they're both correct. What the fuck has happened here, and how do I use/reclaim that credit?

 

[Two Gun Bob]

£50 exit fee for each fuel, but I’ve done it as there’s unlikely to be a better deal offered anytime soon.

As a rule the Octopus dont normally hit with exit fees, so clearly challenging times.

 

[Alan Harper's Tash]

As a rule the Octopus dont normally hit with exit fees, so clearly challenging times.

First time ever I’ve seen them. I’m late in fixing, so it’s my own fault. Just hoping when the fix ends in January that things have calmed down, otherwise I’m off to the woods to chop some wood.

 

[denislawsbackheel]

Plus they wont lock him in with exit penalties so win win

They introduced £75 exit penalties on new gas/electric contracts a couple of weeks ago.

Octopus Energy FAQs

Why do some fixed tariffs have exit fees?

octopus.energy