8 ways to save with Octopus Energy

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We believe everyone should have access to cheaper, greener energy. That's why, at Octopus, we do things differently.

We keep our costs as low as we can and pass the savings on to you.

Here are our top tips to keep your bills down and get more value from being with Octopus.

Constantine riding piggy bank

1. Set up a Direct Debit to save around £80 per year

Setting up a Direct Debit and spreading your payments evenly over 12 months is the most popular way to pay.

Less admin on our side makes it more cost-effective for both of us: so we give you a discount on your rates. The average home on our Flexible Octopus tariff can save around £80 a year.


Prefer not to keep credit on your account? You can set up a variable Direct Debit to pay your bill in full each month, too.

Cute picture of Constantine with a smart meter

2. Get a smart meter

60% of the UK's homes have smart meters already. They make your bills more accurate, they mean you don't need to take readings yourself. But more interestingly – they can unlock hundreds in savings through smart tariffs and projects, and our free rewards scheme Octoplus (more on that later).

Constantine wielding a sword ready to cut down bills

3. Save your energy

Quick and easy changes could bring your bills down by as much as £400 a year.

  • Turn down your boiler's flow temperature 🔥 Turning this little-known knob down to 55° - 60° can save you £54 a year and you'll feel no less cosy. Find out how.
  • Air dry, don’t tumble dry 👖 Ditching the tumble dryer and drying your clothes on a washing line or clothes horse could save you £50 a year.
  • Swap to LED bulbs 💡 LEDs use 70-80% less electricity, and they could save you between £4-10 per bulb, per year!
Inside a home using less lights

4. Get free, personalised home energy advice

Gov.uk have a cool online tool with things you can do to improve your energy efficiency, from double glazing to better insulation.

Best of all: the tips are based on your home's Energy Performance Certificate, so personalised to make the biggest difference. Pop your postcode in to get started:

A screen grab showing a sneak peak of our Octopus Tracker tariff

5. Check you're on the best tariff

If you're on our great-value variable tariff, Flexible Octopus, you can fix your prices online in a few clicks. Your Octopus Energy bills will always let you know if you could pay less on another of our tariffs.

We also have unique smart tariffs that save our customers hundreds a year. Like Octopus Tracker, where your energy price changes daily with the wholesale market (often 30-40% cheaper than standard tariffs!) Hear from happy Tracker customers.

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6. Take part in Saving Sessions

In Saving Sessions, we pay you to use less power in the winter. Cutting down energy use at certain times of day can have a big impact on the planet, the energy system, and your wallet.

Your fellow customers have made over £10 million so far in Saving Sessions.

Constantine riding an Octopoint

7. Get more value with Octoplus

Octoplus is our free rewards programme that can save customers up to £271 a year.

Sign up for tons of perks and giveaways like a weekly free hot drink at Greggs or Caffe Nero, 25% off dinners, and even, wait for it, Free Electricity when the grid's green! If you've got a smart meter, it's a no-brainer really.

Picture of SNAP - our in-app, pokemon-style game.

8. Keep in the loop

We're always coming up with new ways to save you money and help make your home and driving greener. If you want to hear about them:

Worried you'll struggle to keep on top of bills?

Our Octo Assist fund is there to help customers who need it most keep on top of their energy, and keep warm without worrying. Through this £30 million fund, we help those in greatest need with bespoke support like:

  • Free electric blankets - we've given out 60,000 so far, and they typically save customers 20% on their bills
  • Standing charge waivers for 3-6 months
  • Winter Fuel Payments - we're offering bill grants to pensioners who'll struggle without their usual winter payments

If you're worried about your health and safety, don't suffer in silence, take a look at the support we can offer or speak to one of our team.

Find support if you're struggling

Published on 21st November 2024 by:

image of Milly Sullivan

Milly Sullivan

Writer

Hey I'm Constantine, welcome to Octopus Energy!

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