Guys I found out this week that Octopus Energy have a Tracker tariff which follows the wholesale prices rather than the price cap - you have to be careful and monitor the wholesale price of course but as most know the wholesale price of gas & electric has been below the cap for a while.
Cap on gas is 10.3p unit rate while electricity is 34p, but over the past month wholesale gas has been running at 6.6p and electricity around 24p
So for anyone stuck on the cap this could be an option to see a saving on bills of effectively a third right now.
I was with Octopus already so was an easy 5 minute call to switch over onto their flexible tariff.
More details here…
www.hotukdeals.com
Here’s a daily tracker on the wholesale price to keep an eye on it…I’m in the North West so just search your region to get your prices
See the latest prices and graphs for Octopus Tracker.
mysmartenergy.uk