Flexible Octopus: tariff explained (2026)
Flexible Octopus is Octopus Energy's standard variable tariff — the one most people land on by default when they join. There's no fixed contract and no exit fees, so the unit rate and standing charge move up or down in line with the Ofgem energy price cap, and your electricity is 100% renewable. Think of it as the low-commitment, no-fuss home base of the Octopus range rather than a clever time-of-use deal.
What is Flexible Octopus?
Flexible Octopus is Octopus Energy's standard variable tariff — the one most people land on by default when they join. There's no fixed contract and no exit fees, so the unit rate and standing charge move up or down in line with the Ofgem energy price cap, and your electricity is 100% renewable. Think of it as the low-commitment, no-fuss home base of the Octopus range rather than a clever time-of-use deal.
Who it’s best for
- People who want the simplest possible setup — one monthly Direct Debit, no contract to track and total freedom to leave or change tariff whenever they like, with no exit penalty
- Anyone who doesn't have an EV, solar panels or a heat pump, and so wouldn't get the full benefit of Octopus's smart tariffs like Agile, Intelligent Octopus Go, Cosy or Outgoing
- Switchers who want a safe, regulated landing spot first and plan to move to a smart tariff later once they've settled in and seen their usage patterns
- Households that prefer price-cap protection over chasing wholesale price dips, and don't want to shift their usage to cheaper time slots to save
How it works
Because Flexible Octopus is a variable tariff, your prices aren't locked in — they track the Ofgem price cap and adjust when it changes (typically each quarter), and the exact unit rate and standing charge also vary by region, so always check the current rates for your area on octopus.energy. You pay by monthly Direct Debit, and crucially there are no exit fees: you're free to switch to one of Octopus's smart tariffs, or to another supplier, at any time without penalty. You don't need a smart meter to be on it, though getting one (free from Octopus) later unlocks extras like Octoplus rewards and the move to time-of-use tariffs. It's the easy on-ramp — start here, then upgrade if and when a smarter tariff suits your home.
Joining Flexible Octopus? Use my referral link and get £50 credit on top.
Get my £50Whichever tariff you start on, joining Octopus through a referral link gets you £50 credit on your account — and £50 for the person who shared it — paid automatically about 2 to 4 weeks after your switch completes and your first Direct Debit is taken, with nothing to claim. Since Flexible Octopus has no exit fees, you can join on it for the £50, then move to a smart tariff later with no penalty.
Rates and availability change regularly — check current prices on octopus.energy. Last reviewed 1 June 2026.
FAQs
How much is the Octopus Energy referral bonus?+
£50 for you and £50 for the referrer — £50 each. Business and charity referrals are £75 each. Octopus sometimes frames it as “splitting £100 with a mate”, which is the same thing: £50 into each account.
Is the Octopus referral code still working in 2026?+
Yes. The scheme is active and we re-verify our code on the 1st of every month. We last confirmed it works on 1 June 2026.
How long does it take to get the £50 credit?+
It’s paid automatically once your switch completes and your first monthly Direct Debit has been taken — usually around 4 weeks after you join. No claim needed.
Ready to switch? Use my link and we both get £50 — it costs you nothing.
Get my £50