Octopus Electricity and Gas Tariffs
Find out about Octopus Energy’s tariffs and see whether its green energy offering and competitive prices really do help you save money. Check how its tariffs work, what their benefits are, and whether they suit your energy usage compared to other suppliers.
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Octopus Energy electricity tariffs
Octopus Relax: Same price 24 hours a day
This is a tariff with a uniform price across the 24-hour period, meaning that the cost per kWh remains constant regardless of the time of day. This makes it easier to manage your consumption, as you don’t have to worry about time-of-use variations.
Octopus 3: Fixed price for each period
It is based on a fixed price for each period, which means that the cost of energy varies depending on the time of day. This allows you to time your consumption to coincide with the cheapest times, thereby optimising your electricity bill.
Octopus Flexi: Market-based tariff
The tariff is adjusted in line with market trends, which means that the price of electricity may vary depending on current conditions and is reflected in different costs depending on the period.
Octopus Solar: Solar Tariff with surplus
Octopus Solar offers the ‘Solar Tariff’, a solar electricity tariff with a consumption rate of 0.197 and a contracted power rate of 0.095 €/kWh. Ideal for those looking for a simple tariff or who make the most of different time-of-use bands, as appropriate.
Octopus Gas Tariffs
Octopus Energy RL1 Gas Tariff
Designed for households with low natural gas consumption, typically those that use gas for cooking and hot water, but not for gas heating. This tariff offers a stable and competitive price per kWh, ensuring predictability in your monthly bill.
Octopus Energy RL2 Gas Tariff
Designed for households with average natural gas consumption, ideal for homes that, in addition to cooking and hot water, have gas heating. It offers a fixed price per kWh, allowing customers to keep their energy costs under control.
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Frequently asked questions? We’ve got the answers
What tariff options does Octopus Energy offer?
Octopus Energy offers a range of tariffs, such as Octopus Relax (a flat rate 24 hours a day), Octopus 3 (a fixed rate for each period) and Octopus Flexi (a market-based tariff), allowing you to choose the one that best suits your consumption habits.
Do the tariffs have a minimum contract period?
No, all Octopus Energy tariffs are offered without a minimum contract period, allowing you to switch tariffs or suppliers without any long-term commitments.
What does it mean when a tariff has different prices for different periods?
With tariffs such as Octopus 3 and Octopus Flexi, the cost of electricity varies depending on the time of day, with rates divided into different periods (Peak, Standard and Off-peak). This allows you to time your usage to coincide with the cheapest periods and minimise your bill.
How are power charges applied to the bill?
In addition to the cost per kWh consumed, daily charges based on the contracted power are included; these may vary depending on the period (for example, with different rates during periods of higher or lower demand).
How can I sign up and what documents do I need?
The sign-up process is carried out online via the Octopus Energy website. Generally, you’ll only need your personal details, information about your energy usage and, in some cases, basic documentation to verify your identity.
All you need is a recent bill, your national identity card, your CUPS number and an IBAN. In just a few minutes, you can choose your tariff and complete the sign-up process on their website or with the help of a comparison tool. Octopus takes care of the whole switch. There are no power cuts or penalties, and activation usually takes between 1 and 3 weeks, depending on your distributor and when your current bill is settled. If you have any queries, you can call the Octopus Energy freephone number to get answers to all your questions.
