Octopus code verified 1 June 2026 Independent & unofficial · Est. 2026
Energy Referral Get £50

Octopus Energy referral code for small businesses

If you run a small business, your energy is a real line on the P&L and your supplier's reliability matters as much as the rate — so switching deserves the same scrutiny you'd give any supplier decision. Through an Octopus refer-a-friend link the reward steps up for business and charity accounts to £75 for you and £75 for the referrer, landing as automatic account credit a few weeks after you join.

If you run a small business, your energy is a real line on the P&L and your supplier's reliability matters as much as the rate — so switching deserves the same scrutiny you'd give any supplier decision. Through an Octopus refer-a-friend link the reward steps up for business and charity accounts to £75 for you and £75 for the referrer, landing as automatic account credit a few weeks after you join.

Why Octopus suits small businesses

Small businesses sit awkwardly between domestic simplicity and corporate complexity, and that's exactly where Octopus fits. It's the UK's largest electricity supplier, used by roughly one in four households, a Which? Recommended Provider for years running with an "Excellent" Trustpilot rating of around 4.8 out of 5 — so you're choosing a mainstream, Ofgem-regulated company, not a fragile newcomer that might fold and leave you scrambling. For a sole trader, cafe, salon, workshop or small office, that stability matters because energy is rarely the thing you want to be thinking about. Add 100% renewable electricity that genuinely strengthens your own sustainability story with customers and on tenders, smart tariffs that can flex around how your premises actually run, and an app and support team people rate highly, and Octopus covers the things small businesses care about: predictable admin, real human help when something's off, and green credentials you can stand behind. The £75 referral credit is a bonus on top — it stacks with whatever you save by moving to a better-fitting tariff.

  • Business and charity referrals are worth more: £75 for you and £75 for whoever's link you used, rather than the standard £50 each — so a single switch puts £75 of pure credit on your business account.
  • Get a business quote through Octopus for Business and use a referral link so the code is applied at the start — sign up cold or via a comparison site and the £75 usually goes to them, not you.
  • 100% renewable electricity means you can back up green claims on your website, invoices and tenders with a genuinely low-carbon supplier — useful for B Corp, ESG or simply customers who care.
  • Smart tariffs can suit the way a small business actually uses power: Agile and Tracker follow wholesale prices for shops, workshops or cafes with flexible hours, and Intelligent Octopus Go is built for charging a van or company EV cheaply overnight.

The tariff tip

Most small businesses are best off getting a tailored quote through Octopus for Business first, but it's worth asking about smart options: Agile or Tracker can reward premises that can shift usage to cheaper times, while Intelligent Octopus Go suits anyone charging a van or company EV overnight. Check current rates on octopus.energy, as pricing varies by region and your usage profile.

Switch with my link and pocket £50 while you’re at it.

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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.

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Switch to Octopus & get £50 credit