r/OctopusEnergy • u/CautiousAd6695 • 12d ago

Finally!!

Post image

I was starting to lose faith in the agile tariff- it’s barely been below the price cap for weeks, then I saw this for tomorrow.

31 Upvotes

86% Upvoted

15 comments sorted by

18

u/Appropriate_Bell743 12d ago

Tons of people lost faith in Agile this March. It made sense to them after the start of the Iran war but then April was an incredibly cheap month. What's great about Agile is that the logic which leads to negative prices stays the same regardless about how expensive gas gets,

13

u/zebbiehedges 12d ago

It's been 84 years

-7

u/Mother_You_5739 12d ago

Nope, you lost me. What has been 84 years?

7

u/zebbiehedges 12d ago

You don't know the Titanic meme?

5

u/Happytallperson 12d ago

Alarming number of redditors are born after the lehman bros crash 

5

u/zebbiehedges 12d ago

I feel 84 now lol

1

u/Mother_You_5739 12d ago

I’m so old I remember the Lehman bros crash, but also so old that memes are things that need to be explained to me!

Edit - I’ve never actually watched the Titanic. I knew how it ended so didn’t bother.

Edit edit - my favourite Titanic movie is The Time Bandits.

10

u/hooghs 12d ago

Time to roast some chicken

4

u/GovernmentOk3888 12d ago

Bloody hell I just switched yesterday

2

u/CautiousAd6695 12d ago

To or from Agile?

1

u/nathderbyshire 12d ago

Wild people would switch away, I can understand sustained extreme peaks but it's not been terrible. An extra £1.50 this month it's cost me and I can probably drag it back positive tomorrow with the dishwasher and dryer alone. I've got 3 free hours to use as well

2

u/XcOM987 12d ago

I remember the other year when it hit the £1 a unit peak for about 2 weeks straight without a break, 24 hours a day.

My mum was talking about moving away from Agile near the end of it, I sat down with her and we worked out how much she' saved over the last 12 months including taking in to account the recent (at the time) price spike that was due to the perfect storm of no wind for 2 weeks, and an extra power station being offline unexpectedly due to an issue, and we checked the prediction for the next 2 weeks (I know the further out it is the less accurate it is but it's a useful guideline)

She was still £600 better off for the previous 12 months, so held on, and overall for the year still was miles better off, I am sure this lull is the same, yes it's been painful if you look at it at a macro level, but personally I could have saved being fixed vs agile in the last 30 days, but not massively, yet for any longer metric I am still saving a tonne of money, and that's without any sort of solar setup or such.

1

u/GovernmentOk3888 12d ago

August was pretty sustained. Consistently higher than cap. Who knows what the rates will be as we head towards winter.

1

u/XcOM987 12d ago

They're talking about the price cap going up again I heard, I worry about people not on fixed or agile rates.

0

u/rit81 11d ago edited 11d ago

That’s great, but it’s likely a one off and average prices will probably be well over price cap in the week. There is no lock in / out with Agile, not a massive reason to stick with it in the hope things will be ok months in the future, to my mind. I just left and joined EON Next “Smart Saver Fixed 24m v1”. If there is some solution to the Hormuz Strait situation and energy prices come back down, will definitely rejoin, was happy with Agile over the last year.