Octopus Energy Tariffs, Prices & Reviews (2024)
About Octopus Energy
Though only established in 2016, Octopus Energy now supplies over 6 million UK customers with 100% green electricity and optional carbon-offset gas. Green energy supplied by Octopus is backed by Renewable Energy Guarantee of Origin (REGO) Certificates.
Octopus Investments primarily funds Octopus Energy, one of the fastest-growing investment management firms in the UK and the UK’s largest solar power investor. In a number of instances, Octopus Energy has been appointed Ofgem’s supplier of last resort, taking on customers when other providers have collapsed. This includes acquiring 580,000 customers from failed supplier, Avro, at the end of 2021.
Octopus Energy boasts simplicity, transparency and great customer service as part of their model, abandoning lock-in contracts and promising an average email response-rate of 30 minutes. They are also part of the Warm Home Discount scheme. They offer two main home tariffs, their fixed tariff (Octopus Fixed) and standard variable tariff (Flexible Octopus). The tariffs are available as both direct debit and PAYG. Business tariffs and EV tariffs are also available from Octopus Energy. Read on to find out more about tariff prices, Octopus Energy reviews and the latest company news.Octopus Energy Price per kWh
| Electricity | Gas |
| 22.10p | 5.56p |
Average Octopus Energy Prices per Property
| Property Type | Monthly | Yearly |
| 1 bedroom flat | £55.47 | £665.64 |
| 2 bedroom flat | £101.27 | £1215.23 |
| 2 bedroom house | £138.22 | £1,658.63 |
| 3 bedroom house | £195.47 | £2,345.62 |
| 4 bedroom house | £242.58 | £2,910.99 |
Last Updated: 2/8/2024
Monthly and yearly home tariff costs are calculated at 22.1p/kWh for electricity and 5.56p/kWh for gas.
These figures are correct as of August 2024.
If you're looking for business options, there may be different Octopus Energy business electricity rates, as well as additional environmental levies charged.
Octopus Energy Reviews (4.80/5)
Octopus Energy is rated 4.80 / 5 on TrustPilot.Octopus Energy's TrustPilot rating is above the average rating for all of the energy suppliers we have compared.
TrustPilot is a leading customer reviews platform. Some energy suppliers do not have business profiles, so in those cases, ratings have been taken from their consumer profiles. We have filtered the latest reviews by ‘business’ to display the most relevant business-to-business customer feedback.
Check out one of their latest business-related reviews below:
Octopus Energy Fuel Mix (%)
The table displays the most recent fuel mix (%) of Octopus Energy. Fuel mix is the ratio of energy sources suppliers use to generate electricity.
<= Swipe =>
| Coal | Gas | Nuclear | Renewables | Other |
| 0.0% | 0.0% | 0.0% | 100% | 0.0% |
How does their renewable energy mix compare to the UK average?
Octopus Energy has a renewable fuel mix 150% higher than the UK average.
Octopus Energy Latest News
UK’s Octopus Energy acquires two solar farms in USA
GlobalData / Power Technology
The two solar farms in Ohio and Pennsylvania regions have a collective capacity of 100MW.Octopus Energy is bringing Tesla Powerwall perks to its customers
Michelle Lewis / Electrek
Octopus Energy and Tesla’s new partnership means Octopus can install Powerwalls and give its customers with Powerwalls better price tariffs.UK's Octopus Energy enters US renewables market with solar deal
/ Marketscreener.com
British power supplier Octopus Energy has entered the USA renewables market for the first time with the acquisition of two solar energy farms with a site in Ohio and one in Pennsylvania.