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Why are Octopus Energy charging me so much?4 min read

Dec 4, 2022 3 min

Why are Octopus Energy charging me so much?4 min read

Reading Time: 3 minutes


You’ll get a good price for your energy, it might not be the absolute cheapest out there, it’s around average, but you’ll be saving the planet with 100% green energy. You can’t put a price on that.6 дней назад

Is Octopus the cheapest energy supplier?

You’ll get a good price for your energy, it might not be the absolute cheapest out there, it’s around average, but you’ll be saving the planet with 100% green energy. You can’t put a price on that.6 дней назад

What is the cheapest tariff with Octopus Energy?

❓Octopus Energy Tariff FAQs The unit rate for electricity with Octopus is 13.15 pence per kWh and the standing charge is 21 pence per day. If you’re on an Economy 7 tariff, the unit rate during the day is 14.49 pence per kWh, while at night it’s 7.76 pence per kWh – the standing charge is the same.

Is Octopus Energy cheaper than British Gas?

They carry the burden of these costs, and they have no option but to pass on to their customers in the form of bigger energy bills. Let’s take a closer look. For Octopus, our standard variable tariff is currently about £121 cheaper than British Gas. That’s £923 vs £1044 for a medium user.

Do Octopus charge cancellation fees?

We will not charge a termination fee.

What does Martin Lewis say about Octopus Energy?

Martin Lewis said on the BBC that this was a ‘decent result’ for Bulb customers. Martin said: “Octopus has a really high customer service rating in polls I’ve done. I did a lot of research and surveys on which companies were best at transferring customers and who made it as painless as possible, and Octopus came top.”

Is Octopus electricity expensive?

If you’re on a variable tariff (like Flexible Octopus): The Energy Price Guarantee will be a discount on your unit prices, bringing them down to around 34p per unit of electricity, and 10.3p per unit of gas. That’s the average across the UK, but there’s slight variation depending on where you live, and how you pay.

Are Octopus putting their prices up?

Is Octopus Energy cheaper with a smart meter?

Smart meters not only make it super easy to manage your energy – they can also help you cut your bills. Here’s how a smart meter can save you money: Every month, one smart customer wins a year’s worth of free energy.

Is Octopus Energy in financial trouble?

Octopus Energy One of the first energy suppliers to confirm they are safe, Octopus Energy’s CEO, Greg Jackson, tweeted to say as a “global, very well-backed company we’re fine”.

Is it worth getting an Octopus smart meter?

We heartily recommend you do, though, as they’ll save you a lot of time and hassle, and can even help you use less energy and at cheaper times. The standard meter you have in your home uses technology that’s decades old.

How much is the standing charge with Octopus?

A standing charge of 27p per day for gas. A standing charge of 45p per day for electricity.

Can I cancel my Octopus fixed tariff?

Is Octopus the best energy supplier?

What is the lowest priced energy source?

According to the IEA’s World Energy Outlook and other research projects, solar and wind energy have continued to occupy the top spots in terms of the cheapest renewable energy sources. Both energy sources cost significantly less than fossil fuel alternatives and continue to become more affordable every year.

Is Octopus Energy still the best?

Why is Octopus charging more than the price cap?

Why is my fixed tariff more expensive than the price cap? The price cap only applies to ‘variable’ tariffs, not ‘fixed’ tariffs. (Every energy supplier must have a variable tariff – here at Octopus, we have our ‘Flexible’ tariff.)

How much do Octopus charge per kWh?

Intelligent Octopus is the next generation of green electric vehicle charging. Intelligent Octopus gives you six hours of cheap, green energy from 11.30 pm to 5.30 am every night at a super low rate of 10p per kWh. With our handy, hassle-free app, you’re in control.

Is Octopus cheaper on direct debit?

We don’t think it’s fair to make everyone cover that extra cost, so we sometimes have cheaper rates for those who choose to pay by Direct Debit. Because we operate a lean and efficient business you’ll still get a great price if you choose to pay a different way. Want to set up a Direct Debit?

Is Octopus Energy price capped?

At Octopus our variable energy tariff is called Flexible Octopus. If you’re on a fixed tariff, the price cap doesn’t affect you, but the Energy Price Guarantee now does.

What time of day is Octopus Energy cheapest?

This means you pay less for any energy you use at night (usually between 12:00am and 7:00am) and more for energy used during the day (usually between 7:00am and 12:00am).