Octopus Energy

Who are Octopus Energy?

Published on

Contact Octopus Energy and find out about its tariffs

Switching lamp off from bed

Ready to compare?

Octopus Energy is a gas and electricity provider that specialises in renewable energy.

It is the largest investor in solar farms in the UK and built its own solar farm in 2011. Octopus Energy also invests in wind generation, energy through the anaerobic digestion of plants, and rapid response gas generation.

Octopus Energy’s other green credentials include offering 100% renewable electricity and carbon offsetting for its gas tariffs.

Please note: As with all ‘green’ energy deals of this nature, the actual gas and/or electricity provided to the user’s home is the same as for any other user on a non-green tariff. However, green energy companies commit to sourcing an equivalent amount of environmentally-friendly energy as used by their customers, and feeding this into the supply network. 

What tariffs does Octopus Energy offer?

Tariff name

Tariff type*

Average bill value**

Exit fees***

Octopus 12m Fixed

 

Dual Fuel – Fixed

£912

£0/Fuel

Flexible Octopus

 

Dual Fuel – Variable

£923

NA

Green Octopus

 

Dual Fuel – Variable

£933

NA

Super Green Octopus

 

Dual Fuel – Fixed

£973

NA

Tariff information correct as of 14th August 2017

*The range of gas and electricity tariffs includes standard variable rate, fixed rate, ‘green’ and prepayment deals. Click here to find out why we think fixed rate tariffs are worth checking out.

** The average bill is an average price of all 14 energy regions using the Ofgem medium usage of 3100kwh of electricity and 12500kwh of Gas, dual fuel and paying by monthly direct debit.

*** Exit fees are payable on some tariffs when you switch your energy provider before the end of your fixed term contract. Fees are typically £25 - £30 per fuel.

How can I contact Octopus Energy?

Telephone: 0330 808 1080.

Email: hello@octopus.energy

Or visit Facebook or Twitter.

What do I need to do if I want to change my current provider?

Changing your energy provider has never been easier. It takes just minutes to run a quote on our site, and within 17 days you could be up and running with your new supplier. Click here to run a price comparison.

Our video guide below explains how hassle-free the switching process is.

What happens if my energy supplier goes bust?

It is very rare for an energy supplier to go out of business, but it happened in 2016, with the collapse of GB Energy.

As happened then, any future collapse and its consequences would be managed by Ofgem, the energy market regulator. Thanks to Ofgem’s safety net, even if your supplier goes out of business, your gas and/or electricity supply will never be cut off or interrupted.

All UK energy suppliers are regulated by Ofgem.

In addition to guaranteeing continuity of supply, Ofgem works to move customers of a failed company to the best possible deal, with any debit/credit transferred to a new supplier that is chosen to inherit the business.

Read our Q&A on this topic here.


Related energy suppliers