COMPARE OCTOPUS ENERGY TARIFF
Octopus Energy helps customers to switch to renewable energy with simple and creative tariffs. Winner of Which? Best Energy Supplier 2023 for the 6th year in a row and now the second largest energy supplier in the UK. As well as ‘traditional’ Octopus tariffs, such as the Flexible Tariff (Energy Price Guarantee), Octopus offers customers smart tariffs that are groundbreaking in the energy market. For our energy market to change we need companies like Octopus Energy to fight for change. They champion their customers and look for ways to save them money while also helping the planet.👏
You can get an online quote and switch by answering a few simple questions. Switching has never been easier to do.
There are lots of reasons why you may want to switch energy suppliers. However, trying to find the cheapest energy deal is getting a lot more complicated! It is more important than ever to hold energy companies to account and demand good service and fair prices. Octopus takes customer service and fair pricing seriously. That’s why they are poles ahead achieving 1st place in the Which? Best Energy Company survey 2023. (British Gas come in 9th place!)
Ofgem is considering a new rule which will require energy suppliers to display customer service data from a third party prominently on their websites. There has been a fall in customer service standards since the energy crisis and Ofgem agrees it’s not acceptable.
Octopus Energy was the only company – of 16 rated in our customer survey – with any five-star ratings from its customers. ⭐️⭐️⭐️⭐️⭐️ This was for the usefulness of its information about energy costs. In all other areas, it achieved very respectable four-star ratings.
Octopus Energy’s customer score of 73% was well above the average of 54%
How did your energy supplier rank for customer service in the 2023 Whicn survey? Demand good service and opt for an energy supplier who is trying to make a difference!
The Octopus Tariff most customers are on – Octopus Flexible tariff.
This Octopus Flexible tariff is referred to as the standard variable tariff. It is a default tariff that all energy suppliers have.
Octopus Energy Unit Price and standing charge on the Energy Price Cap from 1st October 2023 to 31st December 2023.
Energy prices under the Energy Price Cap have now been reduced in price from the 1st of October 2023.
- Electricity – Has come down from 30.22p per kWh to 27.45p per kWh. Whilst the standing charge has remained at 52.18p per day.
- Gas – Has come down from 7.66p per kWh to 7.05p per kWh. Whilst the standing charge has remained at 27.47p per day.
These figures show a comparison of the Octopus Flexible tariff before and after the 1st of October 2023 for South Wales. The Octopus Flexible rate has dropped by around 8% (based on typical usage) which is most welcome.
You can vary the standard Octopus Flexible tariff to include off-peak rates.
If you want to vary the Octopus flexible tariff to include off-peak rates at night, called Economy 7 you can do that too. The current Economy 7 tariff prices are listed below. You will pay more than the Energy Price Cap for the daytime rate BUT you can hustle by shifting a proportion of your energy to off-peak use, such as washing machines and dishwashers. You can click here to download the prices.
If you don’t pay your bill by direct debit the prices vary slightly, you can find them here.
The Octopus Flexible Economy 7 tariff could be a good tariff for customers who have battery storage but no electric vehicle. It is also a great price if you want to pay less overnight to do your laundry and load shift as much as you can.
There is a variety of tariffs beyond the standard variable tariff. It is worth spending a little time considering which tariff is best for you.
Loyal Octopus 12-month fixed tariff.
Sticking with Octopus standard tariffs that require no smart meter the Loyal Octopus fixed tariff offers customers who want the reassurance of a fixed rate a tariff they can switch to and secure a price for the next 12 months.
This is how much the Loyal Octopus 12-month fixed tariff will cost in South Wales. It may vary depending on where you live in the UK.
The Octopus 12 Months Fixed tariff is now the same rate as the Octopus Flexible Tariff. The Flexible tariff reduced in price on the 1st of October 2023 and will change again on the 1st of January 2024, whilst the Loyal Octopus 12 months fixed will stay the same for a year.
- Electricity – 27.45p per kWh with a standing charge of 52.18p per day
- Gas – 7.05p per kWh with a standing charge of 27.47p per day.
The Octopus Loyal 12-Month Fixed is less than the predicted January 2024 Energy Price Cap for dual fuel customers. However, prices are predicted to reduce from that increased rate in April 2024. If you do opt for the Octopus 12 Month Fixed tariff there is a £75 exit fee per fuel type if you decide to switch to another tariff within the 12 months.
How much will the Loyal Octopus Fixed tariff cost in your region?
The rates above are for South Wales to find out how much the Loyal Octopus Fixed tariff will cost in your region is really easy just click this link;
- Don’t click get a quote just enter your postcode.
- Use the filter and select domestic and fixed tariffs. (tick 2 boxes)
You will need to switch to the Octopus Flexible tariff first when you move over to Octopus but then you can easily move to other tariffs. All of the tariff rates for your region can be found using the link above.
There is no difference between the Loyal Octopus Fixed rated rate and the Octopus Flexible tariff for the period 1st October to 31st December 2023. The advantage is you won’t have to worry about the next Energy Price Cap announcement on the 1st of January 2024. Winter is always the hardest month for energy bills and I know many people like the reassurance of a fixed deal, especially in the colder months until spring.
Points to consider if you are thinking of fixing your Octopus Energy deal.
The Energy Price Cap is predicted to rise by 4% in January 2024 but no one knows for certain what will happen. If you need pricing security you may find this tariff reassuring as we approach winter. From the 1st of October, the Octopus Loyal 12-month fixed is the same price as the Octopus Flexible rate.
Prices may well drop in the spring of 2024 BUT this is a very important point to remember they will drop from the January 2024 increased price and it is electricity that sees the bulk of the price reduction. If you take the Loyal Octopus 12-month fixed tariff you won’t get that predicted drop but you won’t get the expected 4% increase either during the coldest months.
You will be tied into a 12-month energy deal with an exit fee if you take this tariff now but your rates per kWh will be fixed. In the spring even if prices fall you will still be better off as you didn’t get the January 2024 price increase. This is the period you will use the most energy when it is cold! Plus with electricty predicted to take most of the reduction in the spring of 2024 unless you are an all-electric household, you may find you use a lot less electricity then too. That’s what the headlines don’t explain!!
You can fix one or both fuel types. So you could take a fixed rate for the gas and leave the electricty as the variable rate. It is up to you and it all depends on your individual energy needs.
A final side note to consider before taking the Octopus 12-month fixed deal.
If you have a smart meter you should at least consider the Octopus Tracker Tariff. My personal preference has always been fixed but the rates are so much lower on the Octopus Tracker tariff you can make quite a saving. You can jump ship with no fees on the Octopus Tracker tariff if prices go up so there is no real risk as long as you keep a constant eye on the price you are paying per kWh. My mother is now on this tariff and my two elderly neighbours have saved considerably over the last 12 months but you have to be prepared to monitor the prices each day and it is more of a gamble.
They say the only way to really save money on your energy bill is to use less. I agree BUT if you have a smart meter please at least have a quick look at the Octopus Tracker tariff if you think you can cope with the changing daily rates. (It isn’t as hard as it sounds)
You can combine the Octopus tracker tariff for electricity. as an example, with a fixed rate for your gas. You don’t need both fuel types to be on the tracker tariff.
Octopus Energy Quote and switch online.
Here is an Octopus Energy dual fuel tariff quote from 4th October 2023 on the Flexible Octopus tariff. (This covers both gas and electricity prices, dual fuel.) It is what I would refer to as a traditional energy tariff. This quote for the Octopus Flexible tariff is based on approximate usage for a medium household using a combination of gas and electricity for their home energy need;
3 bedroom home.
2,700 kWh of electricity.
11,500 kWh of gas.
The most popular Octopus tariff is the Flexible Octopus Tariff (standard variable) but once you have made the switch you can switch to any other tariff including smart tariffs. (If you have a working smart meter.)
Get a quote – there are only 4 questions…
and 3 are multiple-choice! 💥👏💚
The price may vary depending on your usage and geographical location region. Just enter your postcode and usage to get a quote. Make sure you use the same link to sign up. If you decide to ask for an email quote and then return here to complete the switch this allows Octopus to track your switch so they can apply the £50 new customer credit.
All customers on the Octopus Flexible tariff receive a 4% discount on their standing charge which remains unchanged in October.
The Energy Price Cap from 1st October 2023 to 31st December will be 7.05p per kWh for gas and 27.45p per kWh for electricity. (In South Wales) It changes slightly depending on where you live in the country.
Quick and easy switch to Octopus Energy online.
By following the link and answering a few quick questions you will get a quote. Select to have the quote on screen rather than sent to you by email. (You may miss out on the £50 credit if your sign-up isn’t tracked.) If you are happy with the quote you can then confirm if you wish to complete the switch.
I have circled the most important part of the quote which is the price you will pay per kWh for both gas and electricity up until 31st December 2023.
All traditional and smart tariffs are available to new customers. Yes, you can switch to Octopus Energy using the link above. For any fixed, smart / tracker tariffs, you will have to sign up for the Octopus Flexible tariff first and then when the switch is complete ask to be moved to the smart or tracker tariff. It can sometimes take a little time as Octopus needs to make sure they are receiving readings from your smart meter.
Please read my full review of any smart tariffs you are interested in switching to as there is an eligibility criterion.
How long does it take to switch to a new energy tariff with Octopus Energy?
How does it work? Octopus can supply both electricity and gas. The switch is usually completed within 17 days and Octopus takes care of everything. (You will get £50 credited to your bill after you have paid the first direct debit using my link or quoting my referral details)
There’s no need to contact your current supplier Octopus will do that for you. You simply pick your Octopus Energy tariff, supply your meter readings and cancel your direct debit after your final bill has been settled. There are no exit fees if at any point you decide to switch to another provider.
Here’s a quick overview of the Octopus Tariffs available to both new and existing customers.
Everyone consumes energy but household energy usage can vary from one home to another. Unlike other suppliers, as well as traditional tariffs, Octopus has additional smart tariffs that you can consider IF they are right for you. Don’t let the choice put you off, it’s a good thing, honest. Octopus offers amazing customer service, traditional tariffs the same as any other supplier plus smart tariffs if you want to get creative.
Is the Octopus flexible tariff the cheapest Octopus tariff? In lots of circumstances, it is BUT if you can “load shift” with a cheap overnight Octopus tariff you can bring the average price you pay per kWh down below the energy price guarantee. Also if you are prepared to switch to a tariff that changes day to day and involves a little more risk then you could make quite a saving! I will explain how this can be done. At the moment both the Octopus Tracker Tariff and Octopus Agile are very attractive if you have a smart meter and you are happy to move from a traditional tariff.
Octopus Energy tariffs are available to new and existing customers.
Traditional Octopus Tariffs – No smart meter required.
- Loyal Octopus 12-month fixed. (Available once you have switched to Octopus)
- Flexible Octopus / Flexible with Eco 7.
These are the types of tariffs you will find with every other energy supplier. The vast majority of Octopus Energy customers are on these tariffs, the Flexible Octopus being the most popular as it is cheaper. You can stop scrolling if this is what you are looking for.
For now, there are currently 10 Octopus tariffs available to both new and existing domestic customers who want to switch tariffs or find a new energy deal. I give a summary of all 10 tariffs below. If you have any questions you can find me on Twitter or send me an email. Octopus Energy is also very responsive on Twitter or you can email them at firstname.lastname@example.org.
Octopus Smart Tariffs – A smart meter is required.
If you are a new Octopus customer you will need to go on a traditional interim tariff to make sure your smart meter is sending readings first. This will be the Octopus flexible tariff.
Octopus Energy Smart Tariffs;
- Octopus Go tariff, (EV drivers)
- Intelligent Octopus Go (EV drivers)
- Octopus Agile. (Electricity)
- Octopus Flux (Electricity – Solar PV and battery storage)
- Intelligent Octopus Flux (Electricity – Solar PV and battery storage *coming soon.)
- Cosy Octopus Tariff (Electricity – Heat Pump Tariff)
- Octopus Outgoing tariffs (Home solar/wind)
- Octopus Fan Club (You have to live near a wind turbine in Caerphilly, Halifax or Market Weighton)
- Octopus Tracker Tariff – (You can have a tracker tariff for gas, electricity or both.)
The Octopus Tracker Tariff is now open again for switches. You’ll need to be an existing customer but you can now switch to the tariff. I don’t know how long it will be open for so get your skates on.
Which Octopus Energy tariff is right for you?
You may find the choice of Octopus tariffs a little overwhelming but just remember the Octopus Flexible tariff and the Octopus Loyal Octopus 12 months Fixed tariff are the traditional tariffs you are used to. You can stick with these tariffs or when you feel ready try something new. According to Octopus most of its customers are on the traditional tariffs, so don’t panic if the choice of tariffs is making your head spin.
From the 1st of October, the Loyal Fixed is the same as the Octopus Flexible tariff for both gas and electricty. Taking a fixed tariff would avoid any possible rises coming in January 2024 but you will be tied on for 12 months and there is an exit fee.
Points to think about when considering an energy tariff.
It’s important to remember if you are with Octopus Energy and you want to switch to another tariff you can. The only tariff that has an exit fee is the new Loyal Octopus 12-month fixed tariff.
The rates are based on a national average, they will vary depending on your geographical location.
|TO FIX OR NOT TO FIX?|
Based on Energy Price Cap.
|Electricity per kWh.|
National Average Price
|Gas per kWh
National Average Price.
|Loyal Octopus 12 months fixed. |
|Octopus Flexible Tariff. (1st October to 31 December 2023)||27.35p||6.89p|
|Octopus Flexible Tariff best guess. (January to 31st March 2024)||28.25p||7.30p|
|Octopus Flexible Tariff - best guess (April to 30th June 2024)||25.63p||6.95p|
|Octopus Flexible Tariff - best guess (July to 30th September 2024)||24.65||6.87p|
These figures are based on Cornwall Insight Predictions. (The ones Martyn Lewis refers to as well.) The Octopus Flexible Tariff and the Loyal Octopus 12 months fixed are slightly less than the national average of the Energy Price Cap but I have used the current national average price cap rates so it is easier to compare them with the predicted national average Price Cap figures published by Cornwall Insight.
No one can tell you what is right for you. If you can’t cope with pricing uncertainty and you want peace of mind take the fixed tariff but remember there is an exit fee.
You could pay less on an Octopus smart tariff but you will need a smart meter and you will need to keep an eye on your Octopus account as most of these tariffs change price at least daily or have time-of-use pricing. It depends if you want to spend the time doing this to save money or stick with a traditional Octopus tariff.
Can I switch Octopus tariffs if I find a better deal?
Yes, you can swap Octopus Energy tariffs very easily. Until recently there were no penalties but now one has been introduced for the Octopus Loyal 12-month fixed tariff.
Octopus Energy tariff exit fees and additional information.
- Loyal 12-month fixed tariff – £75 per fuel type.
- Tracker tariff – No exit fee but you may have to wait 2 weeks to switch to another tariff. You also can’t go back onto this tariff for 9 months. (To stop people gaming the system)
- Agile tariff – No exit fee, you can swap straight away but you can’t go back onto the tariff for 30 days. (To stop people gaming the system)
- All other tariffs – No exit fee and you can move swap tariffs straight away.
Moving forward each month Octopus Energy tells me when I could pay less. Each time I receive my bill via email I also get an update if there is a cheaper Octopus Energy tariff I could be on.
I am on the Octopus Intelligent tariff for my electricity as I have an EV. Here is an example of an email I had in June from Octopus.
They highlight how much I could save on each new Octopus tariff. You just have to email back and they will switch your tariff if there is a cheaper one! I have done this a couple of times! I have never had a company tell me I could pay them less before AND there is no catch. This is a complete winning formula for me! 🙋♀️💃 👏
If your circumstances change it is easy to change tariffs.
If your home energy needs alter, for example, you buy an electric car, install a heat pump or just decide you want to try and use more energy off-peak it does pay to check if you could pay less on another tariff. Octopus use your past data to determine if the tariff you are on is right for you but they can’t take these factors into account unless they know, each customer is just so unique you have to do a little digging. That’s why I maintain this website to try and make the process easier.
I have switched energy tariffs several times with Octopus and it is really easy to do, you simply email email@example.com or DM them on Twitter plus you can obviously call them too.
Octopus October 2023 Energy Price Cap.
The new Energy Price Cap from 1st October is now an average of 6.89p per kWh for gas and 27.35p per kWh for electricity. In South Wales, the price is 7.05p per kWh for gas with a daily standing charge of 27.47p and 27.45p per kWh for electricity with a daily standing charge of 52.18p. The Octopus Flexible tariff will vary slightly depending on your geographical location.
The Octopus Flexible tariff will rise and fall in line with the Energy Price Cap BUT the Loyal Octopus Fixed tariff will not. The price of the Octopus fixed tariff will remain the same for 12 months. You would only really take this tariff at the moment if you want price security.
Are energy prices still going up?
This is a yes and no answer as we head into winter. Over the last few months, wholesale energy prices have fallen. It is difficult to predict what will happen in the wholesale energy market and these impact our own energy bills at home but the Energy Price Cap is going down by an average of 8% in October 2023. They will change again on the 1st of January 2024 unless you fix your rate now and rise by a predicted 4%.
Cornwall Insight predicts that the Energy Price Cap will rise by around 4% in January before falling by around 4% by the time we reach the April Energy Price Cap. The unit price for Gas takes the brunt of the increase. The important point to remember is that if you fix your energy tariff now for 12 months you won’t see the January 2024 predicted increase nor will you see the drop in price in the spring BUT this drop is 4% from the predicted increase price!
It is all crystal ball predictions but currently, the drop in price of the Energy Price Cap in the spring and summer of 2024 seems to be about the same as the predicted increased prices in January when some would argue you would use more energy as it is colder!
If you only have electricty and not gas you won’t see as much of an impact, so take a closer look at the predictions. In fact, it is electricty that is predicted to fall faster in the spring.
For customers on the Octopus Flexible tariff, you won’t have to do anything your rate will automatically change in line with the new prices.
October to 31st December 2023 Energy Price Cap
Prices throughout the country vary slightly but just to give you an example the gas price in South Wales has dropped by less than 1p per kWh from 1st October 2023 but my electricty will drop by around 3p per kWh. The good news is the standing charge will remain the same. (Even though that is already high it is good news that it isn’t going up further.)
The issue is even though headlines are saying energy prices under the Energy Price Cap are going down we won’t receive the £66 credit each month going forward next winter so bills. Prices are still really high compared to 2 years ago.
Will energy prices fall further in 2024?
Prices have dropped since the peak, but still remain higher than before the energy crisis.
The good news is that prices come down since last winter but as demand increases as we approach winter they will start to rise before dropping back down in the spring and summer of 2024.
From the graph above you can see how much wholesale prices have come down since they peaked in late summer/early autumn 2022. The problem is wholesale energy prices are still a lot higher than before the energy crisis. Just remember the £66 government support the majority of households received each month last winter has now gone! This will mean bills will look very similar to last winter.
A quick overview of Octopus Smart tariffs.
This part of the page will give an overview of all the Octopus smart tariffs that are available. There is no one Octopus tariff that is right for everyone, you may find switching your Octopus tariff with the seasons of benefit too. Each Octopus smart tariff has its own page on the site which gives clearer and fuller information, why not grab a cuppa and have a read?
Smart Tariffs are without a doubt the future. This is an article by Cornwall Insight that highlights how modifying our energy use will not only save us money but in the future could avoid the need to construct the equivalent of four additional gas-fired power stations in 2030.
Cosy Octopus Tariff
The Cosy Octopus tariff is designed for heat pump owners and is a Variable time-of-use tariff with two price dips during the day. The dips are known as “boost periods” from 04:00 – 07:00 and 13:00 – 14:00. There is also a “peak period” from 16:00 – 19:00). Outside these times there is another price per kWh. So in total, there are 3 pricing periods, along with a standing charge.
If you want to get a quote you can find the rates for your area on the Octopus website under Cosy Octopus. Just scroll down and enter your postcode. You may be asked to show proof of heat pump ownership to go on this tariff.
You can also find out more in my full review of the Cosy tariff.
Octopus Energy Electric Vehicle tariff
Perfect for charging an electric vehicle at night.
(Proof of EV ownership is required along with a smart meter)
There are two dedicated Octopus EV tariffs;
- Octopus Go 9.0p per kWh rate for four hours every night (between 12.30 and 4.30 am)
- Intelligent Octopus Go 7.5p per kWh for a minimum of 6 hours every night (between 11.30 pm and 5.30 am)
I switched from Octopus Go in early 2022 to Intelligent Octopus Go tariff as it offers a longer discounted period BUT it is still fairly new in comparison to Octopus Go and there are specific requirements for switching. You will need either a compatible EV OR a compatible EV charger. They are adding more vehicles and chargers as they develop the software.
The day rate on both the Octopus Go tariff and the Intelligent Octopus Go tariff dropped by around 9-10p per kWh on the 1st of July but it hasn’t yet had a price reduction post the new October Energy Price Cap rates. At the moment there is a premium added to the day rate so you have to load shift or you will be paying more per kWh during the day than say your neighbour if they are on the standard variable.
Octopus Energy Tracker tariff.
The Octopus tracker tariff rate changes every day. Don’t confuse it with the Agile tariff which changes every 30 minutes. You have one consistent price for 24 hours starting at midnight. The tracker tariff is based on wholesale prices NOW.
On the Octopus Tracker tariff, you will pay 4.03p kWh for gas and 15.96p per kWh for electricity today. This is the price you will pay on the 4th of October 2023 in South Wales. It is definitely worth checking out this Octopus tariff as the price per kWh is around 20% cheaper than the Energy Price Guarantee on average over the month. So the savings on your energy bill could be quite considerable.
There is a cap of 30p per kWh for gas and £1 per kWh for electricity. You can find more information on the Octopus FAQ page for the tracker tariff.
Here are the Octopus Tracker gas tariff prices for the last week just to give you an idea.
|Octopus Gas Tracker Tariff.||Price per kWh.
MAX PRICE 30P PER KWH.
You can switch back between tariffs without any penalty with Octopus. So you could try the tracer tariff if you note prices are starting to drop but it is a gamble. You won’t be able to return to this tariff for 9 months if you switch away from it and the switch to another tariff could take 2 weeks.
You can see Octopus tracker prices for the last month in my region for both gas and electricity. They vary a little depending on where you are in the country.
Shift your energy use outside the 4-7 pm peak to save money.
The Octopus Energy Agile tariff allows you to use energy when consumption is low bringing down prices to a minimum, sometimes even free. Shift your energy use outside the 4-7 pm peak to save money and use cleaner, greener energy when there is less demand on the grid. Plus “plunge” pricing when wholesale prices go negative could even pay you to use energy!
This tariff changes every 30 minutes don’t confuse it with the Octopus Tracker tariff which changes once a day.
The Agile tariff lets customers take advantage of all your smart devices like Amazon Alexa so you can choose to use home appliances such as your washing machine and dishwasher when energy is cheapest. More importantly, you can use energy when there is less demand on the grid or there is an excess of energy making it far greener.
Octopus Agile November version 1.
The Agile tariff changes quite frequently. The version currently available is Octopus Agile November version 1. It is capped at £1 per kWh.
Is the Octopus Energy Agile tariff right for you?
No one can tell you if the Octopus Agile tariff is right for you. Every home has different energy usage patterns. Some households may find it tricky to shift energy usage away from peak times. You may simply have to prepare meals during these times. However, you may have a variety of appliances that you could use when there is less demand on the national grid to reduce your average price per kWh.
The most you will be charged is up to £1 per kWh. You really have to watch prices closely to know if it’s a good time to be on this tariff. If things get too sticky you can switch back to the Octopus flexible tariff at any time.
You can see Octopus Agile historical prices in my full Octopus Agile review.
You can read further about the benefits of off-peak energy on the Ofgem website.
Octopus Flux Tariff.
The Octopus Flux tariff replaced the Tesla Energy Plan. Unlike the Tesla plan, you aren’t restricted to a particular make of battery storage or solar PV to benefit from this tariff. It was launched on the 14th of February 2023 and has so far been received with a mixed response. However, after only a very short period of time, it has become a very popular summer tariff for Octopus customers who have solar panels and battery storage.
If you don’t consume all of your solar and you have excess to export to the grid you could get a really healthy rate compared to many other export tariffs.
Octopus Flux customers are rewarded for exporting electricity at peak times and importing electricity off-peak. It is a dual-band tariff with one standing charge.
You can see the rates in my full review of the Octopus Flux tariff.
Intelligent Octopus Flux.
This Octopus tariff as the name suggests is a variation of the Octopus Flux tariff. Like the Intelligent Octopus tariff, Octopus Intelligent Flux uses tech to take control of your home battery and automates both import and export.
Intelligent Octopus Flux pairs with your battery to optimise the charging and discharging of your battery to save you money and help balance the grid.
Octopus will export electricity from your home battery when you will make the best return. This is great news for those who want to reduce the pay-back period on their home battery without the hassle of programming and checking times and prices.
The Intelligent Octopus Flux tariff was launched on the 19th of July 2023 and is open to expressions of interest. Some people have been contacted already and have been asked if they would like to take part in the first trial of the tariff.
Octopus Outgoing Tariffs
For those with solar panels who want to sell their excess energy.☀️
Octopus Energy offers both standard Outgoing and smart SEG tariffs. Simply select the tariff that is right for you.
|Octopus Energy Outgoing Tariffs Rates. (01/10/2023)||Per kWh Exported|
|Octopus SEG (If you have no import tariff.)||4.1p|
|Octopus Outgoing Lite (Combined with Go tariff)||8p|
|Octopus Outgoing Fixed tariff.||15.0p|
|Octopus Outgoing Agile.||Variable - half-hourly pricing based on day-ahead wholesale rates. (see table below)|
|Octopus Flux tariff||2am to 5am - 7.13p per kWh
4pm to 7pm - 31.31p per kWh.
All other times 19.22p per kWh
|Intelligent Octopus Flux||Off-peak (21 hours): 27.1 p/kWh
Peak (4 pm – 7 pm): 36.1 p/kWh
Octopus Fan Club.
If you will near an Octopus wind turbine in Caerphilly, Halifax or Market Weighton you can receive discounted energy by joining the Octopus Fan Club.
Octopus are looking to build more fan club wind turbine and has set up a page where landowners can get in touch, they called Winder. They say it’s just like Tinder but for people who love wind turbines.
The future of energy.
We all consume energy and throughout this energy crisis, we have all tried to reduce our energy consumption. It has hit people on lower incomes harder but the rise in energy prices has been so catastrophic that it has forced everyone to consider how they use energy. We need to become more creative in using energy when it is cheaper and greener. By doing this it will be better for our pockets and the planet. We need innovation, be it through new home battery storage solutions, more efficient solar panels or creative tariffs that do more than simply offer us an incentive to switch suppliers. Energy suppliers like Octopus need to lead the way and force other suppliers to offer us more. We need them to invest in more renewable energy and help us save money while also creating a future for our children.
My final thoughts on switching to Octopus Energy.
You’ll get great customer service with Octopus Energy. It might not be the biggest energy supplier around, and it hasn’t been around the longest, but you’ll be with an energy supplier who really gives 110% to both their customers and their commitment to net zero. You just can’t put a price on that!
Posted by Sarah at www.octopusreferral.link
How to contact Octopus Energy.
Octopus Energy Email 👉 hello@Octopus.Energy
Octopus Energy Free Telephone number 👉 0808 164 1088 (Monday to Friday: 9 am-5 pm) UK-based staff.
Now let’s get down to business with FREE STUFF.
How can I get a free cuddly Octopus from Octopus Energy?
Once you have signed up to Octopus Energy if you want to get your hands on a free cuddly Octopus they will send you one in the post, although it can take a few weeks depending on stock. Her name is Constantine. (I am not joking)
Borrow a free thermal imaging camera from Octopus Energy.
If you would like to borrow a thermal imaging camera to find out where the heat is escaping from your home or workplace you can request one here.
Spin to win.
Also, don’t forget you get a chance to win a cash prize when you enter your meter reading with “spin to win.”
Octopus Energy Refer a friend.
Once you have chosen to switch to Octopus Energy as a new customer using a referral link, you’ll be given £50 credit on your first bill. You will also get and your own personal referral code to share with friends and families. For every person that switches with your code, you both get £50 credited towards your next bill. It takes just two minutes to switch and your code is effective immediately.