Cheapest Octopus Tariff 2024

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deciding what os the cheapest octopus energy tariff in 2024


Octopus Energy has a multitude of energy tariffs to choose from but what’s the cheapest Octopus Energy tariff in 2024?

There are several Octopus tariffs which range from your traditional fixed and flexible tariffs to smart tariffs. Some are designed to change with the availability of energy on the national grid whilst others help you reap the benefits of green technology but which one is the cheapest?

It’s a bit like asking what’s the cheapest mobile or broadband package. It all depends on your home energy use and setup. Someone working from home, for example, may have more flexibility than a colleague who doesn’t get home until 5 pm and needs to cook the kids’ tea.

Should there be just one tariff that’s easy to understand or does Octopus offer something different for everyone?

@sarah_go_green Replying to @Shadow #trackertariff #octopusenergy #energypricecap #ofgem #energyprices #moneysavingtips #standingcharge #bestfixeddeal @Octopus Energy ♬ original sound – sarah_go_green

Are cheaper prices reserved for Octopus customers with green tech such as solar panels and Electric Vehicles?

Octopus Energy has a fixed rate 6% below the April 2024 Energy Price Cap.  It has no early exit fees and there’s more requirement to have a smart meter installed. You can switch to this tariff as a new or existing customer.

If you have a smart meter you can save a substantial sum on the Octopus Tracker or Octopus Agile tariffs.  There’s no need for any green tech. However, there are Octopus tariffs if you have some too.

You’ll have to be prepared to ride the wholesale wave to make the most of these time-of-use tariffs but the doors are not closed if all you have is a smart meter.

Octopus smart meter customers can also sign up for Octoplus rewards and offers.

Paul commented on this video when I posted it on X.

Paul has a smart meter and is an Octopus Energy customer. He has no solar panels, battery storage or EV nonetheless he’s saved 40% on his energy bill in 2024.

I live in an apartment so the only smart tariff that works for me is “tracker” Early days but in the first 6 weeks my bills are about 40% less. Not time of use obvs but a very SMART tariff. – Paul Giles, 8th May on X.(Previously known as Twitter)

How did someone only pay 7.22p per kWh for his electricty in April 2024?

Firstly, you’ll need a smart meter. But with no battery storage, solar panel or EV just a smart tariff one of my followers on X got his average price per kWh to 7.22p in May 2024. The Energy Price Cap is around 24p per kWh! He did this by shifting his energy use to cheaper half-hourly slots on the Octopus Agile tariff.

Follow me on TikTok and X for tips on how to reduce your Octopus Energy bill.

I can be found on social media as Sarah_Go_Green and I have been an Octopus customer for 6 years. I’m featured on the Octopus website and their YouTube channel as a solar customer. I’ve been on the BBC news, published in the Telegraph for owning part of a wind turbine.

Recently I’ve been in Bloomberg simply for being an energy geek.  I love renewable energy and make it my mission to reduce my family’s home energy bills while improving our carbon footprint. I’ve got around 7,000 followers across X and TikTok where I talk about electrifying my home and reducing my Octopus energy bill. I can help you too! I’ve done a quick voice note below to say hello. (3 minutes long.)

Customer review.

My website is not managed or owned by Octopus Energy. It is just a website created by, Sarah Go Green, a mum,  home energy geek and a very happy Octopus Energy customer.

You can read further independent Octopus Energy reviews on Trustpilot where 89% of customers give them 5 stars.

Other posts by Sarah;

Intelligent Octopus Go -The most popular EV tariff in th UK.

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