Home » COMPARE OCTOPUS ENERGY TARIFFS 2024

COMPARE OCTOPUS ENERGY TARIFF

Octopus Energy helps customers to switch to renewable energy with simple and creative tariffs. Which? Recommended Energy Supplier 2024 for the 7th 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 Cap), 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.👏

 

Competition is back – No exit fees and a fixed rate which is already a smidge lower than the April 2024 Energy Price Cap.  

There are lots of reasons why you may want to switch energy suppliers.  Trying to find the cheapest energy deal hasn’t been that easy over the last two years. However, things are starting to look up! Octopus Energy has just launched an Octopus 12-month Fixed tariff with you can hop on and off with no exit fees. So you can grab the April reduced prices now!

As a new customer, you can now choose either the Octopus Flexible Tariff or the Octopus 12 Months Fixed Tariff which you can switch away from at any time.

Energy customers are starting to offer more attractive tariffs to entice new customers to switch.  Wholesale energy prices are dropping and it’s now well worth switching to Octopus Energy for a better deal. But Octopus offers a lot more with great customer service and an ethos which puts customers and the planet first.

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. 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.

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%

Which? Best Energy Company survey 2024. (British Gas come in last place!) How did your energy supplier rank for customer service in the 2024 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. It follows the Energy Price Cap and acts like a 3-month fixed rate which changes on;

  • 1st January,
  • 1st April,
  • 1st July
  • 1st October

On the Octopus Flexible tariff, you will pay;

  • Electricity –  28.71p per kWh with a standing charge of 52.17p per day up until 31st March 2024 when prices will drop to approximately 24.51p per kWh with a standing charge of 62.57p on the 1st April 2024.
  • Gas – 7.57p per kWh with a standing charge of 27.47p per day up until 31st March 2024 when prices will drop to approximately 6.25p per kWh with a standing charge of 31.06p per day.

The prices are based on South Wales and they may vary depending on your location. I have copied the daily standing charge and rates from the new Octopus fixed rate which changed in line with the new April 2024 Energy Price Cap announcement on 23rd February 2024. We will have to wait a few weeks until the exact figures are published but this gives you a good guide.

You can find the Energy Price Cap figures for your region on the Ofgem website.

The Octopus 12-month fixed tariff allows you to fix a fraction below the April 2024 Energy Price Cap with no exit fees due to a slight reduction in the daily standing charge.

Sticking with Octopus standard tariffs that require no smart meter the 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. Just remember to review the rates over the next month so you can switch to a cheaper Octopus fixed or flexible tariff if needed.

On the Octopus 12-month fixed tariff you can take the 12% reduction on the April 2024 Energy Price Cap now.

On the Octopus 12 months fixed tariff, you will pay;

  • Electricity –  24.51p per kWh with a standing charge of 62.57p per day.
  • Gas – 6.25p per kWh with a standing charge of 31.06p per day.

The April 2024 Energy Price Cap is;

  • Electricty – 24.51p per kWh with a standing charge of 63.26p
  • Gas – 6.25p per kWh with a standing charge of 31.75p per day.

The 12% drop which is due on the 1st of April 2024 is already reflected in the Octopus 12-month fixed tariff. You can find the Energy Price Cap figures for your region on the Ofgem website.

This is how much the Octopus 12-month fixed tariff will cost in South Wales. It may vary depending on where you live in the UK. The Octopus 12-month fixed tariff is below the April 2024 Energy Price Cap for both gas and electricity but you have to remember that prices are predicted to fall further in July.

Octopus 12 months fixed will stay the same for a year but you can switch to a cheaper fixed deal or any other Octopus Energy tariff with no exit fees!  You’ll have the security of a fixed energy deal with the option just to switch to a cheaper Octopus tariff when it becomes available. If you don’t think you’ll review your tariff in the summer then you may want to stick with the Octopus Flexible tariff for now.

Why would consider taking the Octopus 12-month fixed tariff?

  • You want to stick to a traditional tariff that doesn’t require a smart meter.
  • Pay a little less than the Energy Price Cap. (The standing daily charging is slightly cheaper.)
  • Have the reassurance of a fixed rate but with the ability to hop to a cheaper Octopus Energy tariff when it becomes available.

The only risk in taking this Octopus 12-month fixed deal is that you will forget to check for a cheaper rate.  There are no exit fees and you can switch to another tariff at any time but with prices set to fall further, you have to keep an eye on it. If you take the Octopus 12 months fixed just remember to review your tariff and switch to a cheaper one when available.

You can vary the standard Octopus Flexible tariff to include off-peak rates.

If you want to vary either the Octopus Flexible tariff or the Octopus 12-month fixed tariff to include off-peak rates at night, called Economy 7 you can do that too. You will pay more 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 Economy 7 on the Octopus Flexible rate here. (These are the prices if you pay by direct debit.)

There is a variety of tariffs beyond the Octopus traditional tariff but to start your switch to Octopus Energy you just need to choose between the Octopus Flexible Tariff and the Octopus 12-month fixed tariff. (You’ll see the 12% saving now if you take the Octopus fixed rather than waiting until April 2024.)

Octopus Energy Quote and Switch Online – No exit fees on either tariff.

Here is an Octopus Energy dual fuel tariff quote from 26th February 2024 on the Flexible Octopus tariff and the Octopus 12-month Fixed tariff. (This covers both gas and electricity prices, dual fuel.)

These are what I would refer to as traditional energy tariffs.  This quote is based on approximate usage for a medium household using a combination of gas and electricity for their home energy need;

3 bedroom home.

3-5 occupants.

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.) If you take the Octopus 12 months fixed your prices will not change for 12 months but you can switch to another tariff at any time with no penalties.

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 Octopus customers receive a 4% discount on their standing charge.

Switch to Octopus Energy

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.

As an example, 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 March 2024 on the Octopus Flexible Tariff.  If you opt for the Octopus 12-Months Fixed tariff will remain the same for 12 months and will be lower than the Flexible tariff until the 1st April. You can hop tariffs as there are now exit fees.

All traditional and smart tariffs are available to new customers. Yes, you can switch to Octopus Energy using the link above. For any loyal, smart / tracker tariffs, you will have to sign up for the Octopus Flexible tariff or the Octopus 12-month fixed 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 on any Octopus Energy tariffs.

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? No at the moment the Octopus 12-month fixed tariffs are cheaper. However, wholesale energy prices are dropping so a better fixed or flexible rate may be available early summer.  When this happens you can just switch to the cheaper tariff with no penalties.

You can hustle on an Octopus Economy 7 tariff or Octopus smart tariff to  “load shift” your energy use to a cheap overnight Octopus tariff. This will bring the average price you pay per kWh down below the energy price cap.  Also if you are prepared to switch to a tariff that changes daily 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.

customer review on octopus tariffs

Octopus Energy tariffs are available to new and existing customers.

Traditional Octopus Tariffs – No smart meter required.

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.  You can stop scrolling if this is what you are looking for.

For now, there are currently 11 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 9 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 hello@octopus.energy.

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;

Most of the smart tariffs have a 12-month fixed period. You can switch off them at any time but it means if you take one now your daily standing charge will be fixed too. The standing charge is due to increase on 1st April 2024 but you’d protect against this if you took a fixed-term tariff, just be quick!

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 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.

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. There are now no exit fees on any Octopus Energy tariffs.

The rates below will vary depending on your geographical location. The prices quoted for the current Octopus Flexible and Loyal Octopus 12 months fixed are based on prices for South Wales while the predicted price changes are an average national price. (South Wales is always higher than the national average as you can see from the current price cap and the current Octopus Flexible rates)

TO FIX OR NOT TO FIX?
Based on Energy Price Cap.
Electricity per kWh.
National Average Price
Gas per kWh
National Average Price.
Octopus 12 months fixed (Exit fee)
SOUTH WALES
26.85p6.25p
Loyal Octopus 12 months fixed.
(Exit fee)
SOUTH WALES
26.85p6.25p
Octopus Flexible Tariff. (1st January to 31 March 2023)
SOUTH WALES
28.71p7.57p
Octopus Flexible Tariff - (April to 30th June 2024 based on EPC)
SOUTH WALES
26.85p6.25p
Octopus Flexible Tariff - best guess (July to 30th September 2024)
NATIONAL AVERAGE
20.87p5.02p
Octopus Flexible Tariff - best guess (1st September to 31st December 2024)
NATIONAL AVERGAE
22.29p5.10p

New Energy Price Cap Predictions for 2024

The figures above are based on the latest Cornwall Insight Predictions from 21st February 2024 and focus on the price of energy per kWh. (Martyn Lewis refers to these as well.) The Octopus Flexible Tariff is always slightly less than the national average of the Energy Price Cap but I have used the current national average Energy Price Cap rates so it is easier to compare them with the predicted national average Energy Price Cap figures published by Cornwall Insight.

How much will i pay on energy price cap 2024

No one can tell you what is right for you and the world is constantly changing. Cornwall Insights predicts the Energy Price Cap will fall for both gas and electricity in July 2024 before rising slightly in October.

Predictions on energy prices are constantly changing and are a best guess. 

There is a lot of volatility in the world but there seems to be stability at the moment in energy supply. With the milder winter and plenty of gas reserves in Europe, wholesale energy prices have fallen considerably.

Cornwall Insight looks at the political landscapes and makes its predictions depending on what’s happening in the world. These predictions will change again, as situations escalate or diminish and new pressures evolve around the world. The wholesale energy market responds to the world’s delicate political landscape and we will see this impact on our energy bills. So you have to take any predictions with a pinch of salt.

On the Octopus 12-month fixed both gas and electricty are cheaper than the April 2024 Energy Price Cap. There is a Loyal Octopus 12-month fixed available to existing customers but that is the same price at the moment. Prices are predicted to come down further in the summer but, you’d pay less on this fixed deal right now.  You will just need to remember to keep an eye out for a cheaper version of the Octopus 12-month fixed tariff in early summer.

If you can’t cope with pricing uncertainty and you want peace of mind you can take the fixed tariff now and just switch to a cheaper tariff either fixed, flexible or smart when it’s available.

One thing to note is that the standing charge for electricty is set to rise in April.  This is because of the ongoing reform of network charges. Ofgem has lowered the unit rate of energy but has added more to the daily standing charge. This makes it even more difficult for lower energy users to reduce their bills. 

Can I switch Octopus tariffs if I find a better deal?

Yes, you can swap Octopus Energy tariffs very easily there are no exit fees on any of their tariffs. 

Octopus Energy tariff exit fees and additional information.

  • 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)

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.

octopus energy tariffs

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 hello@octopus.energy or DM them on Twitter plus you can call them too.

Are energy prices still going up?

No, wholesale energy prices have dropped considerably over the last year.

The Energy Price Cap from 1st January 2024 is an average of 7.42p per kWh for gas and 28.62p per kWh for electricity.

You can see from the graph how much the Energy Price Cap has reduced since last spring. It is a very personal decision but if you want to stick with a traditional Octopus tariff and you would prefer a fixed rate take the Octopus Fixed tariff now and just remember to check to see if a cheaper Octopus Fixed tariff has become available and swap.

The Octopus Flexible tariff will rise and fall in line with the Energy Price Cap BUT both the Octopus 12-month Fixed tariff and the Loyal Octopus Fixed tariff will not. The price of the Octopus fixed tariff will remain the same for 12 months.

Now that Octopus has reduced the rates of the fixed tariff and they have removed the exit fees it’s a good sign for the consumer!

April 2024 Energy Price Cap

Ofgem reviews and updates the price cap level every three months. The dates when the Energy Price Cap levels will be announced during the next year are:

  • 1 July to 30 September 2024 level, announced by 25 May 2024
  • 1 October to 31 December 2024 level, announced by 27 August 2024
  • 1st January 2024 to 31st March 2025, announced 25th November 2024

The Energy Price Cap is set to fall by 12% on the 1st April. This was announced on the 23rd of February 2024.

Can we be sure energy prices will fall further in 2024?

There is no certainty in the wholesale energy market but prices have been steadily falling over the last few months.

Quick summary;

  • Prices have dropped since their peak, and are continuing to fall.

  • The good news is that wholesale prices have started to come down. From the graph below you can see that if the downward trend continues by the summer of 2024 we should be in a much better place.

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. 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.

If you have a smart meter and switch to Octopus Energy don’t forget to click on the link in your Octopus dashboard and join Octoplus. Octopus is a new reward scheme from Octopus Energy.

OCTOPUS SMART TARIFFS

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.

Octopus heat pump tariff

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 3.92p kWh for gas and 17.50p per kWh for electricity today.  This is the price you will pay on the 26th of February 2024 in South Wales on the December 2023 version 1 of the Octopus Tracker tariff.  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.
25/02/243.96p
24/02/243.96p
23/02/243.96p
22/02/243.96p
21/01/243.85p
20/02/243.85p
19/02/244.00p

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 how the Octopus tracker compares to the Energy Price Cap for the last month in my region for both gas and electricity. They vary a little depending on where you are in the country.

Octopus Energy Agile tariff

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.

Octopus Flux

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. (22/02/2024)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 tariff2am to 5am - 7.13p per kWh

4pm to 7pm - 31.31p per kWh.

All other times 19.22p per kWh
Intelligent Octopus FluxOff-peak (21 hours): 27.1 p/kWh

Peak (4 pm – 7 pm): 36.1 p/kWh

You can read more in my review on Octopus Outgoing. If you have a combination of solar PV and battery storage take a look at this new tariff Octopus Flux.

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.

ripple energy referral code.

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. 

 

 

 

 

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