With a focus on improving the energy industry by providing energy that’s better for you and the environment while remaining simple and honest, Octopus Energy is a fast-growing energy supplier that first launched in 2016. Although the main focus of this supplier is domestic customers, they do offer business solutions too.
This page provides an overview of Octopus Energy business energy prices and a review of their services from past and current customers.
Octopus Energy Business Electricity Tariffs
With a range of Octopus Energy electricity tariffs available, there are options to suit businesses of all sizes. For small to medium businesses spending up to £20,000 a year on energy, the following tariffs are available:
Octopus 12 month fixed
- Fixed price for 1 year
- Price certainty
- Certified 100% renewable electricity
- No fixed term
- No exit fees
- Fair prices that move with the market
- Certified 100% renewable electricity
For large businesses spending more than £20,000 a year on energy, bespoke solutions are offered.
Current electricity rates
There are several Octopus Energy tariffs available depending on your business needs, here are the current rates on various plans for businesses in the London area:
- Green Business 24 month Fixed Jan 2019: 14.21p/kWh and a standing charge of 21.56p/day. Eco 7 electricity: 11.29p/kWh night rate, 15.19p/kWh day rate and a standing charge of 21.56p/day.
- Green Business 12 month Fixed Jan 2019: 14.09p/kWh and a standing charge of 21.56p/day.
Eco 7 electricity: 11.17p/kWh night rate, 15.08p/kWh day rate and a standing charge of 21.56p/day.
- Flexible Octopus October 2018: 15.41p/kWh and a standing charge of 19.02p/day.
Eco 7 electricity: 9.44p/kWh night rate, 17.35p/kWh day rate and a standing charge of 20.07p/day.
- Goodlord Tenant October 2018: 17.82p/kWh and a standing charge of 22.60p/day. Eco 7 electricity: 11.11p/kWh night rate, 20.57p/kWh day rate and a standing charge of 22.60p/day.
Octopus Energy Business Gas Tariffs
You can also buy your gas from this supplier, with the same tariff options as above. Below are the current gas rates on various plans for businesses in the London area:
- Green Business 12 month Fixed Jan 2019: 3.76p/kWh and a standing charge of 16.80p/day.
- Flexible Octopus October 2018: 3.75p/kWh and a standing charge of 16.90p/day.
- Goodlord Tenant October 2018: 4.60p/kWh and a standing charge of 20.41p/day.
Octopus Energy Company Profile
This energy provider focuses on being good for you and for the planet, they are transparent with their prices and supply 100% of their electricity from renewable sources. The range of tariffs available allows you to find the right one to suit the needs of your business and there are no exit fees should you change your mind.
Despite being relatively new to the UK energy market, Octopus Energy has found its feet and has received five star ratings throughout the Which? customer surveys, even earning a place as a Which? Recommended Provider. To have such a strong position only a few years since launching shows that this fast growing provider is able to handle their customer base with ease and efficiency.
Although the majority of their customer base is domestic, you can use Octopus Energy for business too. They are an excellent choice for business customers, in fact they are responsible for powering huge businesses including Marks & Spencer and Arsenal FC.
There does not seem to be any current offers for customers looking to switch to this provider, however Octopus Energy service ensures that during the switch there will be no disruption to your supply, no engineer visits necessary and no extortionate out-of-contract rates.
Octopus Energy Business Energy Review
Hearing what real customers have to say about their experience with energy suppliers is one of the best ways to find out what to expect. We have taken a look at the Octopus Energy business review pages to see what customers have experienced. Below are positive reviews as well as Octopus Energy complaints from past and current customers.
“Great Supplier.Always so easy to manage my account and information is very clear.” Adele via Trustpilot.
“They are competitively priced while maintaining excellent customer service and a simple to use website.” Octopus Energy Customer via Which?
“Very good. Also very professional and very affordable.” Geoff via MoneySuperMarket.
“I have had small technical issues but very quick and efficient customer service sorts this out easily.” Rosemary via Trustpilot.
“Prices are good.
Support is quick. What is annoying is:
1) Absence of paper bills that were required for my visa applications.
2) Absence of any UI design at their website and mobile app.” Max via Trustpilot.
“Just moving over to them. There’s been a minor hiccup bit the team seem genuinely keen to sort out any problems.” Jane via Trustpilot.
This energy provider has made its mark on the UK energy market in the 3 years they have been operating. They have an honest and transparent approach which has already won them over 400,000 customers within the UK. They are a great option for businesses looking for renewable energy at highly competitive pricing and the Octopus Energy review page on Trustpilot shows a huge 91% of their customers have left 5 star reviews.