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Octopus Energy

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  • Save £300 on your annual energy bills*
  • Over 250,000 people switch every month**

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A growing number of households in England, Scotland and Wales are switching from the ‘Big Six’ energy companies to one of the UK’s growing number of smaller energy firms, and since its launch five years ago Octopus Energy has been signing those customers up at an impressive rate to become one of the biggest energy suppliers outside the big six.

In fact, although it was only founded in 2015 Octopus Energy now boasts over 600,000 domestic gas and electricity customers.

Despite that impressive rate of growth, though, the company hasn’t let its commitment to customer service fall by the wayside – Octopus remains one of the most highly rated energy suppliers in the UK, with 91% of customers giving the company a five-star rating.

If you’re thinking of switching your supplier and would like to find out which energy company might offer you the best deal why not use our energy price comparison service now? It’s free to use, and you’re under no obligation to switch.

I’m currently with Octopus Energy but I’m thinking of switching – can Quotezone.co.uk help me to do that?

Yes, if you’re currently with Octopus Energy but are thinking of switching to a different energy supplier then Quotezone.co.uk’s energy comparison service can help you to compare tariffs and switch online.

I’m with a different energy supplier but I’m thinking of switching to Octopus Energy – can Quotezone.co.uk help me to compare their prices?

Yes, Quotezone.co.uk’s energy comparison service can help you to compare gas and electricity prices from a wide range of suppliers, including Octopus Energy, although with some suppliers you won’t be able to switch through our site.

Depending on the particular supplier you decide to switch to you’ll either be able to complete the switch online via Quotezone.co.uk or else contact the supplier directly to make the switch, but either way you’ll be able to use our comparison service to compare tariffs first.

How much could I save on my energy bills by switching to Octopus Energy?

According to Octopus Energy’s own data its customers save £222 a year on average compared to the average variable rate tariff from the Big Six.

Still, that is really is only an average, and the exact amount you could save able will depend on a wide range variables, including which supplier you’re currently with, the tariff you’re currently on, the tariff you’re planning to switch to and how much gas and electricity you typically consume, so the best way to get an accurate cost saving is to use our energy comparison service to [compare tariffs].

octopus energy
Is it true Octopus Energy has a specific tariff for electric car owners?

Yes, Octopus Energy launched ‘Octopus Go’ in 2018, an electricity tariff that is specifically designed for electric car owners.

Octopus Go offers customers electricity at a unit price of just 5p/kWh between the hours of 00:30 and 04:30 every night. That’s roughly half the price of most Economy 7 tariffs, and means electric car owners are able to charge their cars overnight for around a tenth of the cost of refuelling a regular car.

Does Octopus Energy supply business customers?

Yes, Octopus Energy is able to supply electricity to businesses throughout England, Scotland and Wales, and this electricity is 100% renewable.

The company is now able to supply gas to some business customers too, but this is location-dependent so you would need to check with Octopus if you’re thinking of switching your business gas supply to them.

Does Octopus Energy charge exit fees?

No, Octopus Energy doesn’t tie its customers into lengthy contracts, and therefore doesn’t charge any exit fees when one of those customers decides to switch to another supplier.

Does Octopus Energy support prepayment meters?

Yes, Octopus Energy supports traditional prepayment meters for both its electricity and gas supplies.

Does Octopus Energy support smart meters?

Octopus is currently developing its own smart meter rollout, but in the meantime the company is also able to support some smart meters installed by other suppliers if you’re switching to Octopus and have a smart meter installed.

Specifically, if you’re switching to Octopus from Utilita, Shell Energy, Ovo Energy, E.ON or Bristol Energy and you had a smart meter installed by one of those suppliers that was manufactured by a company called Secure then that meter should work with your Octopus Energy supply.

Does Octopus Energy support the Warm Home Discount?

Yes, Octopus Energy signed up for the Warm Home Discount in 2019, with the first discounts offered during winter 2019.

Ready to switch? Compare energy tariffs now

This information provided by Quotezone is not intended to be and should not be construed as advice. The information is publicly available and is correct as of 9th August 2017

* Ofgem research finds comparing and switching supplier or energy tariff can make a big difference to your gas and electricity bills – with annual savings of around £300 available please see https://www.ofgem.gov.uk/consumers/household-gas-and-electricity-guide/how-switch-energy-supplier-and-shop-better-deal

** Over 250,000 people switch energy company or tariff every month. Please see https://www.energy-uk.org.uk/our-work/retail/switching.html

To see the latest monthly switching stats, please visit Energy UK’s website: http://www.energy-uk.org.uk/publication/293-research-and-reports/switchingreports.html"