Evergreen to fixed term
What does it mean for you?
• Your unit prices still change daily but your tariff terms, including your unit price formula and standing charge, will be fixed for 12 months.
• At the end of your fixed term, we’ll email you with all your options – you’ll be able to renew on the latest version of Tracker, choose another tariff or roll onto Flexible Octopus.
• You can leave Tracker at any time without fees by changing tariffs in your account. If you leave Tracker, you can’t rejoin the tariff for another 9 months.
• We've updated Tracker's T&Cs to reflect these changes -review the new terms at https://octo.ps/smart-terms-and-conditions
Changes to the formula will mean on average, daily electricity rates will be generally around 2.3 p/kWh higher and gas rates around 0.38 p/kWh higher.
Charges may vary person to person but here are my rates for 12 months: Electric: 47.95p / Gas: 27.46p per day.
Tracker is still incredibly good value: one of the UK's cheapest tariffs. In December and January, the updated Tracker electricity rates were typically 37% cheaper than our standard variable tariff Flexible Octopus, and gas rates, 40% cheaper.