Octopus Energy

Octopus Energy

About Octopus Energy

Octopus Energy Group is a sustainable energy company based in London, UK. Established in 2015 with the support of British asset management company Octopus Group, it operates in various countries including the UK, France, Germany, Italy, Spain, Australia, Japan, New Zealand, and the United States. With over three million domestic and business customers as of September 2021, Octopus Energy Group is the fourth largest energy supplier in the UK.

Contact Details

PUCT #10262

Address: 114 Main St, Houston, TX 77002

Octopus Energy

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Table of Contents

Octopus Energy - You have the Power To Choose Your Energy Company

Since 2002, Texans have had the power to choose their energy provider, but not everyone knows that this deregulated energy market can lead to lower prices and better service.

In a deregulated market, customers can break free from their utility company and choose their own electricity provider. This sparks competition, driving providers to offer better rates, improved customer service, and more innovative energy plans.

This gives consumers the freedom to shop around for the best plan and control their energy consumption. However, with over 60 energy companies and hundreds of plans in Texas alone, finding the best option can be a daunting task.

Luckily, SlashPlan is here to help! We compare live rates from multiple energy companies and display them in a simple dashboard, including all those sneaky hidden fees. This way, you can easily compare plans and find the cheapest energy rate that suits your needs.

Octopus Energy Residential Electricity Plans

Take charge of your electricity service and rates with Octopus Energy as your trusted partner. Choose from our energy plans, including Fixed Rate Plans with a set energy cost per kilowatt-hour, or Variable Rate Plans with monthly rate adjustments.

Octo 12

Get excellent long-term value by locking in your rate for 12 months and paying a monthly bill. Please note that an early termination fee of $100 may apply, and a credit check and/or deposit may be required. Be sure to review the Intelligent Octopus Conditions for any additional information.

OctoPrepay 12

Secure your rate for the next 12 months with our 100% pay-as-you-go plan, including a $100 early termination fee. As an autopay service, your account balance will automatically refill as you use energy, making it effortless. Additional terms and conditions may apply to Intelligent Octopus.

Octopus Energy Business Energy Plans

Octopus Energy specializes in residential electricity services and does not offer plans for commercial clients. For the best commercial electricity rates, it is recommended to compare prices from different energy companies in the market.

Looking to establish or switch plans for your business? We can help!

Shopping for a business plan is time-consuming and tedious. SlashPlan can provide you with live rates so you can compare plans quickly and accurately.

At no cost or obligation to you, we will find the top plans from 30+ competing suppliers in your area.

If you choose to sign up, the entire process can be completed online with e-signatures, so you don’t have to waste your precious time and resources.

Go to our Business Energy Comparison page to learn more.

Instant Online Enrollment

Switching energy companies?

Compare low-rate energy plans on SlashPlan

Find The Cheapest Electric Plan

Moving to a new home?

You can now shop for a new plan without paying any Early Termination Fees

Save Money

Save on your next energy bill

Enter your zip code below to compare the best power plans in your area. It's free!

Energy Companies in Texas

Searching for an electricity provider in Texas? Look no further.

Our list of top providers makes it easy for you to compare rates and sign up in a snap. Find your perfect provider today.

Energy Company

Phone Number

(833) 785-7797

1 (800) 871-8100

(866) 926-8192

(855) 784-2426

1 (833) 439-2852

(888) 853-5747

(877) 547-7275

(877) 544-4857

(866) 961-9399

(866) 963-9353

(888) 774-9846

(855) 461-1129

Octopus Energy Reviews

At SlashPlan, we gather reviews and statistics from various sources to assist clients in making informed decisions. If provider statistics are not readily available, we provide links to relevant data sources. Our review sources include PUCT Customer Complaint Statistics, BBB, Google Reviews, Trustpilot, and more.

Octopus Energy Customer reviews on the Better Business Bureau.
Google reviews for Octopus Energy.
Octopus Energy Customer reviews on TrustPilot.

Octopus Energy Service Areas

Octopus Energy provides service to the following utilities and service areas:

Octopus Energy Customer Service

Need assistance? Reach out to Octopus Energy's customer service team at:

Octopus Energy Bill Payment

Octopus Energy offers multiple ways for customers to pay their bills, including website payments, over the phone, by mail, or through cash payment stations.

  • Pay Online: Logged-in users can easily make one-time or set up automatic payments.
  • Pay by Phone: Customers can pay over the phone with a credit or debit card.
  • Pay by Mail: Mail a check or money order to the company's payment address.
  • Pay in Person: Visiting one of the many nationwide cash payment stations.

Octopus Energy FAQ

Octopus Energy provides a variety of options for residential.

They offer fixed-rate and pay-as-you-go plans for residential customers.

Service can typically start either on the same day or the next business day after you sign up for it.

Cancellation fees vary depending on your plan and length of service. Please refer to the EFL document to determine if any early termination fees apply.

If you move to a new house, the cancellation fees will be waived.

Octopus Energy may ask for a deposit when signing up for an energy plan, but only if your credit score doesn't meet their requirements. The good news is, after 12 months of paying your bills on time, your deposit will be returned to you.

If you want to avoid a deposit altogether, you can check out the no-deposit energy options available on our marketplace such as a prepaid plan.

By utilizing internet-connected devices, Octopus Energy's system reduces carbon emissions by pre-cooling or pre-heating your home during times of high energy demand. During peak periods, they lower your energy usage seamlessly. Octopus Energy prioritizes renewable energy sources and adjust your energy consumption to align with peak times of solar and wind power.

Looking for a plan from a different provider?
See other energy plans below:

18.5¢ kWh

25.0¢ kWh

8.3¢ kWh

17.8¢ kWh

12.3¢ kWh

16.7¢ kWh

17.2¢ kWh

10.7¢ kWh

18.6¢ kWh

13.9¢ kWh

13.9¢ kWh

20.8¢ kWh

46.5¢ kWh

13.1¢ kWh

16.8¢ kWh

Please note: The rates above are updated periodically. Current energy rates may have changed since our last update. To get the latest energy rates in your area please go to our comparison page and enter your zip code. Energy rates shown above are for a residential monthly consumption of 1000 kWh in zip code 77043.

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We will send you a reminder 14 days before your current plan expires.

Meanwhile, why don’t you let your friends and family know that they can also save on their electric bills?