Octopus Octoplus rewards & Wheel of Fortune explained

Reviewed by the Energy Referral team ● Code verified 1 June 2026 Re-verified on the 1st of every month.

Octoplus is Octopus Energy's free loyalty programme, and its best-known perk is the monthly Wheel of Fortune spin that every eligible customer gets just for being on supply. This guide explains exactly what Octoplus includes, how the Wheel of Fortune actually works, what you can realistically expect to win, and how the wider rewards (like Saving Sessions) fit together. We will keep it honest about the small print, then show you how, if you are not yet a customer, you can stack a one-off £50 welcome credit on top by joining through a referral link.

What Octoplus actually is

Octoplus is Octopus Energy's rewards and loyalty scheme, and the important thing to know up front is that it is completely free and there is nothing to sign up for separately. If you are an Octopus electricity or energy customer, you are in Octoplus automatically, and everything appears inside your online account and the Octopus app. It bundles together a few different perks under one banner: the monthly Wheel of Fortune spin, paid Saving Sessions during winter, and occasional one-off treats and partner offers. Octopus built Octoplus partly to say thank you for staying and partly to nudge everyday energy behaviour in a greener direction, which is why several of the rewards are tied to using less power, or using it at quieter times of day. None of it is a tariff, so it sits on top of whatever plan you are on, whether that is a standard variable tariff or a smart tariff like Agile or Tracker.

How the Wheel of Fortune works

The Wheel of Fortune is the headline perk and the one most people log in for. Once a month, eligible customers get a free spin of a virtual wheel inside the Octopus app or online account, and whatever the pointer lands on is credited to your energy account automatically. Most spins land on a small amount of account credit (often described in pennies or a pound or two), and there are rarer, larger prizes mixed in to keep it interesting. It is genuinely free money rather than a competition you pay to enter, but it is best understood as a small monthly thank-you, not a meaningful chunk off your bill, so it is wise to set your expectations accordingly. Your spin typically becomes available at the start of each month and you simply tap the wheel to claim it; whatever you win goes straight onto your balance with no voucher codes or manual claims to chase. If you forget to spin, you may lose that month's go, so it is worth making it a quick monthly habit.

Saving Sessions and the rest of the rewards

Beyond the wheel, the most valuable part of Octoplus for many households is Saving Sessions. During colder months when the national grid is under strain, Octopus invites customers to cut their electricity use during short, pre-announced windows, and pays them for the energy they avoid using compared with their normal pattern. Customers with a smart meter that sends half-hourly readings can take part, and earnings build up as account credit or points you can redeem. It rewards simple actions like delaying the dishwasher, the tumble dryer or EV charging by an hour or two. Alongside this, Octoplus occasionally runs other treats such as partner discounts and seasonal giveaways. The common thread is that the bigger rewards reward flexibility and lower or better-timed usage, which is also why pairing Octoplus with a smart tariff and a smart meter tends to get you the most out of it.

Who qualifies and the honest small print

To get the most from Octoplus you generally need an online account or the Octopus app, since that is where the wheel and Saving Sessions live, and a smart meter is required to take part in Saving Sessions because Octopus needs your half-hourly readings to calculate what you saved. The Wheel of Fortune itself is widely available to customers without much fuss, but exact eligibility, prize values and how Saving Sessions are run can change from year to year, so treat the specifics as a moving target and check the current details in your account. We deliberately are not quoting prize amounts or per-session payments here because Octopus tweaks them and they vary, and you should rely on what is shown in your own app rather than any fixed figure online. The short version: it is free, it is real, and it is a nice extra rather than the main reason to choose a supplier. The main reasons are the things Octoplus sits on top of: 100% renewable electricity, an Excellent Trustpilot rating of around 4.8 out of 5, years of being a Which? Recommended Provider, and being the UK's largest electricity supplier, used by roughly one in four households.

Not a customer yet? Stack a £50 welcome credit on top

Here is the part that genuinely pays more than a few months of wheel spins. Octoplus is a thank-you for existing customers, but new customers can claim a separate one-off £50 account credit simply by joining Octopus through a referral link. If you join via a friend's referral link, you get £50 credit and they get £50 too (£50 each), and business or charity switches are £75 each. It is paid automatically, roughly two to four weeks after your switch completes and your first monthly Direct Debit is taken, with no form to fill in. The one catch worth repeating: the link has to be used directly. A genuine referral link looks like share.octopus.energy/word-word-number and applies the code for you automatically, but if you sign up via a price-comparison site, a shortened URL, or by typing the Octopus web address in yourself, the £50 usually will not apply. Switching is protected by Ofgem and the Energy Switch Guarantee, your supply is never interrupted because it is the same pipes, wires and meter, and it completes in about five working days. So you can pocket the £50 now and enjoy your free monthly Wheel of Fortune spin afterwards as an ongoing bonus. If you found this guide useful, using our referral link is what keeps it free, and it gets you the full £50 at the same time.

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.

Is this an official Octopus Energy offer?+

Yes — refer-a-friend is Octopus’s own scheme. Energy Referral is an independent guide, not affiliated with Octopus, but the link takes you straight to Octopus’s website where you sign up directly with them.

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