£50 Credit for Switching - Octopus Energy
Stop Missing Out on Smart Savings!
Please leave your email address to join our free newsletter. You'll be the first to hear about our latest verified deals from UK and international brands.

Use Our Amazing Tools to Enhance Your Experience
AI Deal Finder
Get instant recommendations with our ChatGPT AI-powered chat to find discounts tailored to you.
Browser Extension
Never miss a bargain again. Our extension notifies you about deals and discounts on the websites you visit.
FitterTools
Tell your preferences through a quick quiz, and we’ll match you with personalised offers to save you money.
Newsletter
Enjoy smart, tailored deals and exclusive offers from BudgetFitter, delivered to your inbox every week.
About Octopus Energy
Octopus Energy UK is an award-winning energy supplier dedicated to making energy fairer, greener, and more affordable for everyone. As a leading cheap green energy provider, Octopus Energy supplies 100% renewable electricity as standard, empowering customers to switch to renewable energy with ease. The company is renowned for its outstanding customer service and innovative smart energy tariffs, which are designed to help users save money by using energy at cheaper, greener times. The entire experience is made simple through an easy-to-use website and app where customers can manage their energy account online. For those ready to make the switch, using an Octopus Energy referral code is a fantastic way to start, with a generous £50 credit offered to the new customer.
Why Choose Octopus Energy?
Octopus Energy has become one of the most trusted and popular energy suppliers in the UK for many compelling reasons:
- Commitment to Renewable Energy: All electricity tariffs are backed by 100% renewable energy sources, including wind, solar, and hydro, making it a top choice for environmentally conscious consumers.
- Award-Winning Customer Service: The company is consistently recognised by Which? and other bodies for its excellent, UK-based customer service, a major differentiator from many larger suppliers.
- Fair and Transparent Pricing: Octopus is known for its fair pricing and a commitment to keeping its standard variable tariff below the Ofgem price cap. They also have no exit fees on their standard tariffs.
- Innovative Smart Tariffs: A key feature is the range of groundbreaking smart energy tariffs. The Octopus Agile tariff, for example, offers half-hourly pricing that tracks wholesale rates, while ‘Intelligent Octopus Go’ provides super-cheap overnight charging for EV owners.
- Generous Referral Scheme: The popular “Refer a Friend” scheme is a cornerstone of their growth, providing a £50 bill credit to both parties when a new customer signs up with a referral link.
Key Octopus Energy Offerings
This innovative cheap green energy provider offers a range of services for modern homes:
- Flexible and Fixed Tariffs: Customers can choose between a flexible tariff that follows the price cap or a fixed tariff that locks in their energy rates for 12 months for price certainty.
- Smart Energy Tariffs: A suite of innovative tariffs that require a smart meter, designed to save customers money. This includes:
- Agile Octopus: Half-hourly pricing that allows users to benefit from cheaper wholesale prices.
- Intelligent Octopus Go: Super-cheap overnight electricity for EV charging and home use.
- Outgoing Octopus: A market-leading export tariff for homes with solar panels to sell their excess energy back to the grid.
- Octoplus Rewards Programme: A loyalty scheme that gives customers “Octopoints” for keeping their account in credit or participating in “Saving Sessions,” which can be exchanged for account credit or merchandise.
Benefits of Switching to Octopus Energy
Choosing to switch to renewable energy with Octopus provides many significant advantages:
- Lower Your Carbon Footprint: Make a positive impact on the environment by using 100% green electricity.
- Save Money on Bills: The combination of fair pricing and innovative smart tariffs can lead to significant savings on energy bills.
- A Hassle-Free Experience: The switching process is handled entirely by Octopus, making it simple and seamless for the new customer.
- Control Your Energy Usage: The intuitive online dashboard and app make it easy to submit meter readings and manage an energy account online, giving customers a clear view of their consumption.
Things to Consider Before Switching
To ensure a smooth transition, potential customers should keep a few points in mind:
- Smart Tariff Requirements: To access the most innovative tariffs like the Octopus Agile tariff, a working smart meter is required. Octopus can install one for free if needed.
- Referral Code Application: The £50 credit from an Octopus Energy referral code is applied after the switch is complete and the first direct debit payment has been successfully made. The new customer must sign up directly through the referral link.
- Variable vs. Fixed Tariffs: Understand the difference between a variable tariff, where prices can go up or down with the price cap, and a fixed tariff, which provides price certainty for a set period.
Tips for a Great Octopus Energy Experience
Customers can get the most out of their energy supply with these tips:
- Use a Referral Link: The easiest way to get the £50 welcome credit is to sign up using a friend’s referral link.
- Explore Smart Tariffs: If a household has an EV, solar panels, or can shift its energy usage away from peak times, one of the smart tariffs can offer huge savings.
- Engage with Octoplus: Take part in “Saving Sessions” when invited to earn extra points and help balance the grid.
- Use the App: The mobile app is the best way to manage the account, track usage, and spin the “Wheel of Fortune” after submitting a meter reading for a chance to win extra credit.
Octopus Energy Customer Support & Policies
Octopus Energy is renowned for its outstanding customer support, which is easily accessible via phone and email. Their UK-based team is known for being friendly, helpful, and efficient. As a multi-award-winning supplier, they have clear, transparent policies and are committed to making energy simple and fair for all customers looking to manage their energy account online.
Switch to a Better, Greener Energy Supplier
For UK households seeking a fairer, greener, and more affordable energy solution, Octopus Energy UK is an exceptional choice. By making it easy to switch to renewable energy and offering innovative smart energy tariffs like the Octopus Agile tariff, they empower customers to save money and help the planet. As a leading cheap green energy provider with award-winning customer service, the experience is designed to be positive from start to finish. New customers should be sure to sign up with an Octopus Energy referral code to receive a generous £50 credit on their new account.
Join the energy revolution and switch to Octopus Energy today!