Octopus Energy to pass Autumn Budget savings straight to customers – automatically

• All variable and fixed tariffs will be reduced from 1st April to reflect policy changes
• Customers don’t have to do anything – changes will automatically be applied
• Octopus urges other suppliers to follow suit to help ease rising energy costs

London, 12th December 2025 – Octopus Energy today confirmed it will pass on the changes from the Autumn Budget 2025 to customers, cutting energy bills from 1st April 2026.

Octopus is the first major energy supplier to guarantee these reductions will be applied automatically across all existing and new fixed and variable tariffs – customers don’t need to lift a finger.

The Autumn Budget policy cuts will remove certain costs from energy bills from April 1st, reducing a typical yearly bill by around £134, relative to what they would otherwise be.

Octopus is calling on other energy suppliers to do the same and ensure that customers benefit transparently. The move is part of the company’s ongoing commitment to making energy simpler, fairer, and more affordable.

Greg Jackson, CEO and Founder of Octopus Energy, said: “Octopus has long called for cuts in policy costs to help bring bills down, so we are delighted to see the government taking action.

“These changes will bring a welcome relief to customers, and we’ll pass them through on all of our tariffs as soon as they kick in, so no one misses out. 

“Octopus customers can rest easy – we’ll do it all automatically. We hope other suppliers will follow our lead so everyone can benefit.”

ENDS

Press Contacts

Octopus Energy Group

press@octoenergy.com

+44 (0)20 4530 8369

About Octopus Energy

Octopus Energy is a global clean energy and technology business, driving the affordable, green energy system of the future. Under its own retail brand, Octopus delivers world-class customer service and cutting-edge energy products to 10 million households globally.

The company is driving the electrification of heat and transport through smart tariffs and innovative clean tech, with operations spanning 27 countries and the entire energy value chain. It operates a £7 billion renewables portfolio as well as thriving EV leasing, heat pump, and solar businesses.

Backed by pension funds, investors and energy giants, Octopus Energy Group businesses deliver cheaper, greener energy and cutting-edge tech to countries and customers worldwide.

For more information, check out our website.