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Octopus Energy Tariffs

Understanding Octopus Energy tariffs is important for effectively managing your business's energy consumption and securing the most suitable business energy deal. With energy costs being a significant aspect of business expenditure, having knowledge about Octopus Energy's tariff options helps the business to make informed decisions specifically for necessary business needs. By comparing the various pricing structures, contract terms, and additional services offered, businesses can identify the right octopus energy tariff that aligns best with the business's energy consumption patterns, budget constraints, and operational requirements. This informed approach not only helps optimize your energy spending but also enhances the overall energy management strategy, ensuring that businesses will have the necessary resources to support their business activities while minimizing unnecessary expenses.

Who is Octopus Energy?

Octopus Energy is one of the large business energy suppliers that supply their energy to lots of homes and businesses in the UK. Octopus Energy Tariffs provide gas, electricity, and other services to help people and businesses use energy. Octopus Energy is well-known for offering a variety of choices, making it a popular and trusted option for businesses that want dependable energy solutions.

Octopus Energy Tariffs

We offer a business gas prices comparison per kWh from Octopus Energy tariffs, for businesses seeking either the stability of fixed rates or the flexibility of variable rates. Here's a breakdown of the main types of Octopus Energy tariffs:

  • 1. Fixed Rate Tariffs : These Octopus Energy Fixed tariffs offer stability by locking in the energy prices for a set period. This means that even if energy prices go up in the market, business contract rates stay the same. It's like having a price guarantee, which makes budgeting easier because businesses know exactly how much they’ll pay each month. With Octopus Energy fixed Tariffs, businesses are protected from unexpected price increases, giving businesses peace of mind and financial stability.
  • 2. Variable Rate Tariffs : With Octopus Energy variable tariffs, the energy prices can change depending on what's happening in the energy market. If prices go down, businesses will pay less, but if they go up, business energy bills could increase too. While this offers flexibility because businesses can adapt the current business energy plan to market changes, it also means that business energy bills might be less predictable. However, with Octopus Energy variable Tariffs, businesses will have the freedom to switch to different Octopus Energy tariffs or other business energy suppliers without facing any penalties, giving more control over their energy costs.
  • 3. Deemed or Out-of-Contract Tariffs: If Businesses haven't actively chosen an energy tariff, they might be on an Octopus Energy deemed contract. This usually happens when businesses move into a new property that already has its energy supplied by Octopus Energy, and they haven't switched to a new tariff. Octopus Energy Deemed tariffs are often higher than standard rates, so it's advisable to switch to a better Octopus Energy tariff as soon as you realize you're on an Octopus Energy deemed contract to avoid paying more than necessary.
  • 4. Green Tariffs : Octopus energy green energy tariffs for businesses are committed to sustainability. These Octopus Energy tariffs support renewable energy sources like wind and solar power, helping businesses reduce their carbon footprint and contribute to environmental conservation efforts. By opting for Octopus Energy green tariffs, businesses not only align with the corporate social responsibility goals but also demonstrate their commitment to environmental stewardship to their customers and stakeholders.
  • 5. Business Electricity and Gas Contracts : Octopus Energy provides particular energy contracts for businesses of all sizes, offering flexibility in pricing structures, contract lengths, and additional services to meet specific needs. Whether a small business or a large corporation, Octopus Energy tariffs are designed to fit the requirements and help businesses manage their energy costs efficiently. These contracts give the flexibility to choose the pricing structure and contract length that works best for the business, along with additional services to support the energy needs.

Octopus Energy Tariffs in 2024

British Gas Energy Tariffs in 2024 have risen once with the energy price cap. Like most energy companies in the UK, British Gas has to follow rules set by Ofgem about how much they can charge for their energy plans. These rules are called the energy price cap. It was introduced in early 2019 to make sure customers don't pay too much for their energy. The cap sets the highest price that British Gas Energy Tariffs can charge for their standard plans, which are usually the most expensive ones.

Period Price cap level Energy Price Guarantee level Octopus standard variable price
April 2019 - October 2019 £1,254 N/A £1,029
October 2019 - April 2020 £1,179 N/A £1,009
April 2020 - October 2020 £1,162 N/A £978
October 2020 - April 2021 £1,042 N/A £9641
April 2021 - October 2021 £1,138 N/A £1,032
October 2021 - April 2022 £1,277 N/A £1,225
April 2022 - October 2022 £1,971 N/A £1,921
October 2022 - January 2023 £3,549 £2,500 N/A (SVT capped at £2,500 under EPG)
January 2023 - April 2023 £4,279 £2,500 N/A (SVT capped at £2,500 under EPG)
April 2023 - July 2023 £3,280 £2,500 N/A (SVT capped at £2,500 under EPG)
July 2023 - October 2023 £2,074 £3,000 £2,488
October 2023 - January 2024 £1,834 £3,000 £1,819
January 2024 - April 2024 £1,928 £3,000 £1,913

Why Choose Octopus Energy?

  • • Reliability: Octopus Energy is renowned for its commitment to high service standards and reliability as a leading business energy supplier. Businesses can trust Octopus Energy tariffs to deliver consistent and quality energy services, ensuring uninterrupted support for their operations.
  • • Customer Service: Octopus Energy offers comprehensive customer support through various channels, including phone, email, and online assistance. Businesses can rely on responsive and knowledgeable customer service representatives to address inquiries promptly and resolve any issues efficiently.
  • • Smart Solutions: Octopus Energy Tariffs provide access to cutting-edge smart meters and energy-saving devices, empowering businesses to manage and reduce their energy usage effectively. By harnessing smart technology, businesses can gain valuable insights into their energy consumption patterns and identify opportunities for optimization and cost savings.
  • • Rewards: As valued Octopus Energy customers, businesses can enjoy rewards and discounts on various services and products. These incentives enhance the overall value proposition of Octopus Energy tariffs, providing businesses with additional benefits beyond energy savings.

Super Green Octopus Fixed 12 Months tariff

With this Octopus Energy Tariff, businesses will get an Octopus Energy fixed Tariff for 12 months, making budgeting easier. Manage your account online and pay conveniently through direct debit. Plus, enjoy 100% renewable electricity and carbon offsetting for gas, supporting sustainability efforts. This Octopus Energy tariff is available for single-rate electricity and Economy 7 customers. For electricity, the unit rate is 13.15 pence per kWh with a standing charge of 21.00 pence per day. Octopus Energy Economy 7 electricity Tariff offers a day unit rate of 14.49 pence per kWh, a night unit rate of 7.76 pence per kWh, and a standing charge of 21.00 pence per day. For gas, the unit rate is 3.35 pence per kWh with a standing charge of 18.90 pence per day.

Octopus 12 Months Fixed tariff

With this Octopus Energy Tariff, businesses will get an Octopus Energy fixed Tariff for 12 months, providing stability and predictability for your energy bills. Manage your account conveniently online and pay through direct debit. This Octopus Energy tariff is available for both single-rate electricity and Economy 7 customers, offering flexibility to suit energy needs for business. For electricity, the unit rate is 12.77 pence per kWh with a standing charge of 18.90 pence per day. Economy 7 electricity provides a day unit rate of 14.49 pence per kWh, a night unit rate of 7.76 pence per kWh, and a standing charge of 18.90 pence per day. Gas is charged at a unit rate of 3.03 pence per kWh with a standing charge of 18.90 pence per day.

Green Octopus Fixed 12 Months tariff

With this Octopus Energy Tariff, Businesses will benefit from Octopus Energy fixed Tariff for 12 months, offering stability and predictability for your energy bills. This Octopus Energy tariff provides flexibility to suit the business's energy needs. For electricity, the unit rate is 13.76 pence per kWh with a standing charge of 21.00 pence per day. Economy 7 electricity offers a day unit rate of 15.22 pence per kWh, a night unit rate of 7.86 pence per kWh, and a standing charge of 21.00 pence per day. Gas is charged at a unit rate of 2.89 pence per kWh with a standing charge of 21.00 pence per day.

Flexible Octopus tariff

This Octopus Energy Tariff offers you the flexibility of choosing your contract length to suit business energy needs. Manage the account easily online and pay conveniently through direct debit. Available for both single-rate electricity and Economy 7 customers, this Octopus Energy Tariff provides options to match energy usage patterns. For electricity, the unit rate is 13.22 pence per kWh with a standing charge of 18.90 pence per day. Economy 7 electricity offers a day unit rate of 15.33 pence per kWh, a night unit rate of 7.41 pence per kWh, and a standing charge of 18.90 pence per day. Gas is charged at a unit rate of 2.91 pence per kWh with a standing charge of 18.90 pence per day.

Switch to Octopus Energy Tariffs with Lloyd Energy

Switching to Octopus Energy Tariffs is a simple process:

  1. Obtain a quote online by entering your postcode and energy usage details.
  2. Select the business energy tariff that best fits your requirements.
  3. We'll take care of the switch for you, ensuring a smooth transition by liaising with your current provider.

For further details or to begin with Octopus Energy tariffs, visit our website or reach out to our customer service team. We're committed to assisting you in finding the perfect energy solution for your business!

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