How to Grab a Double Energy Discount Right Now
The April 2026 Energy Price Cap Just Dropped
It is 25th April 2026, and the new Energy Price Cap has just been announced. This is good news if you are thinking about fixing a deal because you can grab a double discount with very little effort.
Posted by: Sarah Chambers
Why Octopus 12-Month Fixed February v6 Is a Top Deal
The Octopus 12-Month Fixed February v6 is already 5.1% below the January 2026 Energy Price Cap. That means you are starting with a low rate before the April Price Cap drop even takes effect.
What the April Price Cap Drop Means for You
On 1st April 2026, the Price Cap will fall by around 7% and this applies to almost all tariffs in the UK. This is due to a government policy change where certain costs are removed from energy bills and handled elsewhere.(Most likely in our tax)
How to Get the Double Discount
Fix your tariff now with Octopus Energy, and you get a 5.1% saving compared to the January Price Cap. Then the extra 7%t from the April drop will automatically be applied to your unit rate. That is two discounts with almost no effort.
| Octopus Flexible Tariff (January 2026 Price Cap) | Octopus 12 months Fixed Tariff 2026 - February v6 | Tracker Tariff September 2025 v 1 |
|
|---|---|---|---|
| Gas | 6.11p | 5.37p | 5.24p |
| Electricity | 28.18p | 25.0p | 24.29p |
| Rates per kWh | 1st January to 31st March 2026 | Fixed for 12 months. NO EXIT FEE. | 25th January 2026 |
No Need to Wait
It really does not make sense to wait. There are no exit fees so you can switch anytime if you need to. This reduction comes from policy rather than wholesale prices, so it is guaranteed.
Quick Takeaway
This is just a quick update and I will go into more detail tomorrow. For now the takeaway is simple: Octopus Energy’s 12-Month Fixed February v6 is the best deal around. You get zero exit fees and that double discount will automatically apply from 1st April 2026.
Quick Links