Great value (with great values!)

Octopus value tentacle handshake

From day one, we've been on a mission to make energy fairer, greener and cheaper – and since then, we’ve stayed committed to keeping prices low.

But we’re more than just the ‘cheapest energy deal': we're obsessive about bringing you great value for life.

Here's how we pass all that good stuff on to you:

Constantine the pink octopus on piggy bank

Fair prices for the long term

When you're with Octopus, you can be sure you're getting a great deal. Our fixed prices are typically within 5% of the cheapest deals on the market.

We’re the only large supplier to have always meaningfully kept our prices below the energy price cap. That’s a limit on the amount of money suppliers can charge for your energy and something we campaigned for in the first place – saving customers billions in the process.

Windturbine on green hill with pink love hearts above

Smarter, greener energy

Our smart tariffs allow customers to save by shifting their energy use to times when renewable energy is most abundant.

On Octopus Tracker, customers can access daily wholesale prices and plan their energy use around price dips. Customers typically saved £320 in 2024.

On Agile Octopus, we even pay customers to use energy in plunge pricing events. When the grid’s full of green electrons, prices drop – giving you cheap or even free energy to stop it going to waste.

We also have special tariffs to help customers with EVs, heat pumps and solar panels save, too.

So is it worth it? Absolutely. Customers on our smart tariffs and schemes have already saved over £100 million in total, simply by shifting their energy use.

Clear, transparent communication

We’ve worked hard to make sure energy prices are fair. Not just for our own customers, but EVERYONE. (Remember the price cap we mentioned earlier? We campaigned for it way back in 2017 and helped it become law: it means suppliers aren't allowed to make a huge profit off your energy).

We price sensibly so we can stick around for the long haul. Any margin we make is slim. That means if our energy prices go up, it’s because they have to, but we'll always tell you why – often straight from the horse's mouth – and keep fighting for better value in background. Just like our CEO Greg is doing here.

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Octoplus, our free rewards programme

Great value doesn’t always mean money off your bills – sometimes it’s a free coffee, a cheeky sausage roll, or a cinema voucher. With Octoplus, our free rewards programme, smart meter customers get over £200 worth of perks every year.

It also unlocks access to Saving Sessions – where you get paid to use less energy during peak times. The scheme's built up quite the fanbase, with customers saving over £10 million just by doing small things like skipping the cooker or switching off the kettle for an hour.

Then there’s Free Electricity – where we flip the switch and pay you for using extra energy in a one-hour session to stop clean, green energy from going to waste. It’s still fairly new, but customers have already saved around £912k – and we’re just getting started.

All in all? Since launching, Octoplus members have unlocked over £20 million in rewards. A truly bonkers amount – which is why joining is a no-brainer.

Treasure chest with lots of Octoplus rewards spilling out

All those extra perks

Like going for dinner, it's not just the main meal that counts – it’s the unexpected sides, service and all the added extras that make the Octopus experience special.

For starters, we have a referral programme where customers can earn £50 each way for sharing the love.

Then there's our free footie kits. As part of Octoplus, we've given out over 27,000 free kits to grassroots teams, making sure everyone has a chance to enjoy the sport they love — without it costing them (or their parents) a penny.

Finally, what about a spin on our Wheel of Fortune? Each month, thousands of winners land anything from 1p to £1,000 off their bill, just for sending a meter reading. Bon appetit.

Parachutes bringing down solar panels, heat pump, EV charger

One stop shop for smart home tech

We do more than energy. From solar panels and heat pumps, to EVs and EV chargers, we sell, install, and in the case of our Cosy heat pumps – even build smart tech too.

Once set up, you can also squeeze every drop of value from your tech by joining a smart tariff. Whether it's Intelligent Octopus Go, that gives EV drivers super cheap charging rates, Cosy Octopus, which helps heat pump owners streamline their electricity bills, or one of our industry-leading solar export tariffs – there's plenty to choose from. And you can manage it all our one app.

Plus we’re on hand 24/7 for all the aftercare too!

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Great value means never having to compromise on great service

We’ve spent years putting together a super-capable, friendly team, empowered by a smart system of our own design. Our energy experts know Octopus inside out and have the tools to solve your questions from start to finish.

You can always reply to our emails too. (We don’t believe in “no-reply”). If there’s ever a problem, just let us know. We value your opinion and want to hear about it.

Of course we don’t get it right every time, but the way we look after customers means we’ve been Which? Recommended eight years running – the only supplier they’ve ever recommended more than twice.

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Octo Assist: extra support when things get tough

Great value means more than low prices, it’s about making sure no one gets left behind. That’s why we created Octo Assist, our multi-million pound support fund for customers who need extra help.

Whether it’s a one-off payment to ease the pressure, a standing charge reduction, or even a free electric blanket to stay toasty through the colder months – we’re here to help when it’s needed most.

Share the love and get £50 off your next bill

We're so proud that you trust us to look after your energy. And hope you feel you're getting great value. If you do, don't forget you can get even more value as a reward for letting your friends and family know about us.

Just log into your Octopus energy account, grab your referral link, and share away! If anyone signs up using your link, you'll get £50 off your next bill, and they'll get a £50 to kickstart their energy account too. Squids in all round.

Published on 17th April 2025 by:

image of Milly Sullivan

Milly Sullivan

Writer

Hey I'm Constantine, welcome to Octopus Energy!

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