Octopus Energy tariffs

Fixed and variable tariffs

Octopus sells fixed tariffs, where your unit rates and standing charges stay the same for the contract period, and variable tariffs, where rates move with the Ofgem price cap. Fixed tariffs give certainty; variable tariffs give flexibility, usually with no exit fee.

It also offers smart tariffs — such as Octopus Go for electric vehicle owners — with cheaper overnight rates. These need a compatible smart meter and suit households that can shift usage to off-peak hours.

Why rates differ by region

Energy prices vary across Great Britain's 14 electricity distribution regions because network costs differ. That's why our table lists Octopus tariffs region by region — the rate in London is not the rate in North Wales or Scotland.

Always check the rates for your own region, or enter your postcode on Octopus's website for an exact quote.

What to check before you switch

Compare the unit rate and the standing charge together — a tariff with a low unit rate but a high standing charge can cost more overall for a small household. Check any exit fee on fixed tariffs, and remember that the Ofgem price cap limits variable tariffs, not fixed ones.