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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.
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.
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:
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 |
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.
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.
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.
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.
Switching to Octopus Energy Tariffs is a simple process:
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!