Octopus Energy is a renewable eco-friendly energy company providing gas and electricity. Starting only in 2015, Octopus Energy has over 2 million UK customers and is growing steadily. Octopus Energy has also taken over Bulb customers. In this article, I provide a refer-a-friend offer with a £50 joining bonus (*Disclaimer: £50 goes to me too) and show you some simple steps to sign up.
Why join Octopus Energy?
- Good referral incentives (If you refer someone and they use your referral code, you get £50 and they get £50 too)
- 100% renewable energy (not many energy companies offer this)
- The ability to cancel your contract any time, with no exit fees at any time (This is good, as most companies do have £50 + exit fees in place)
- No disruption to your electricity and gas supply. They’ve will inform your current supplier & do the energy switch on your behalf
- No Engineer or installer visits needed
- Top customer service – Octopus Energy can be contacted quickly by phone, email or even social media and has won customer service awards
The Octopus Energy tariffs
As of January 2023 – Typical tariffs are competitive and are managed online and paid via direct debit. Since the energy crisis, here are two tariffs to pick from:
Octopus Green Business 12M Fixed December 2022
- Eco 7 Electricity *Day Unit Rate – 54.15 p/kWh
- *Night Unit Rate 39.99 p/kWH
- Standing Charge £37.59 p/day
- Electricity Unit rate £51.63 p/kWh
- Standing charge: 37.59 p/day
Octopus Green Business
- Eco 7 Electricity *Day Unit Rate – £44.17 p/kWh
- *Night Unit Rate £12 p/kWH
- £31.61 p/day
Octopus Energy prices
For a low gas and electricity user, £50-60 a month is not unexpected (best to work out current usage and compare above). Simply join up here and compare your current kWh costs with your current provider.
Octopus Energy is speaking to more and more customers who are struggling to pay their bills. The NEA has estimated the current crisis will see an extra 2 million homes around Britain facing fuel poverty. They have already helped over 30,000 customers through our £2.5 million Octopus Assist fund, but many more need help. They are doubling our Octopus Assist fund to £5 million – money that will go directly to customers struggling to pay their energy bills.
Octopus Energy app
You can download the Octopus Energy app on the App Store here. I couldn’t see Octopus Energy on Google Play, so just go on the desktop. Remember to apply the refer a friend code to get £50 for free.
Octopus Energy’s phone number
In an emergency, call 0808 164 1088, between 9am and 5pm Monday to Thursday, or 9am and 4pm Monday to Friday. Email [email protected] for quick help between 8am and 10pm every day.
Joining up to Octopus Energy
Joining up to Octopus Energy can take less than 5 minutes. Firstly, go to Octopus Energy and add your postcode. Then add in your typical electricity and gas usage and ask for a quote. Finally fill in your personal details and your payment details, then the changeover is all set.
Octopus Energy Review
For an in-depth review of Octopus Energy, please read my review on the pros and cons of Octopus Energy.
Octopus Energy Refer a friend offer
Simply join up here and once your account is verified and your first monthly payment goes out we will both get £50 from Octopus Energy.
Octopus Energy Business offer
Octopus Energy also does electricity and gas for business. If you are looking to change suppliers or have just moved office space and want a new one, join up now. Get a £100 referral bonus (we both get £100) for changing suppliers.
When do you get your Octopus Energy referral credit?
The whole process takes approximately 4 weeks. The credit is paid once you are signed up and your first month’s direct debit has been successfully taken. Finally, I hope the above content has been useful. In summary, I’d give Octopus Energy a go, they are renewable, competitively priced and give you the ability to refer friends and family to get £50 for both of you.
Why have energy prices increased so much?
There has been a worldwide shortage of gas and energy supplies, pushing the cost of gas for suppliers. A boost by 250% since the start of the year, with a 50% rise just since August, data shows. According to the BBC, the cold winter in Europe last year put pressure on supplies and, as a result, stored gas levels are much lower than normal. Plus, there’s been increased demand from Asia (which also suffered a cold winter) for liquefied natural gas. Higher gas prices have also pushed up electricity prices because Britain generates around a third of its electricity from burning natural gas.
How to reduce gas and electricity bills at home
According to Energy Saving Trust, we can all save an extra £30 a year by turning off appliances when we’re not using them, rather than leaving them on standby. For more tips, please read the top tips to reduce gas and electricity bills in the UK.
Other referral joining codes
*Enjoy a free coffee, free beer and almost a free pizza on me with some free codes to enter.
*Feast on £20 off your first Hellofresh order, tasty ingredients delivered to your door for fine meals.
*Earn a special £50 joining bonus with ethical energy company Octopus Energy in the review article.
*Rent out your spare space with Stashbee and get £50.
*Grab a free share (up to the value of £200) when joining FreeTrade.
*Remortgaging or looking at a first-time mortgage? Enjoy a £100 amazon voucher when using the Trussle mortgage site.
