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Octopus Energy referral code

Get £50 bill credit when you switch to Octopus Energy using a refer-a-friend link.

Octopus Energy's refer-a-friend scheme (also known as recommend-a-friend) gives new customers £50 off their first energy bill, plus £50 for whoever shared the link. I switched to Octopus in September 2019. The £50 credit landed in my account about a month after my first direct debit, with no code to type or form to fill.

Last tested on by Seb Place.

Part 1

The offer

Octopus Energy logo

Octopus Energy

The UK's best rated energy company. Octopus specialises in sustainable energy, with award-winning customer service and prices that stay competitive rather than rock-bottom.

Or copy the referral link below:

Reward

Get £50 when you switch energy supplier to Octopus Energy. Or, get £75 when you switch your business over.

How it works

  1. Click the referral link on this page
  2. Enter your postcode and choose your Octopus Energy tariff
  3. Confirm your details: Octopus handles everything with your old supplier
  4. Your energy supply switches within 2–3 weeks with no interruption
  5. £50 credit is applied to your account after your first direct debit payment

4.8 / 5

My rating for this deal

This rates the Octopus Energy referral itself: what you get, what you have to do to get it, and how long it takes to arrive. It isn’t a rating of Octopus Energy as a company.

Why this rating

The strongest scheme on the site: it attaches to a switch you were making anyway, and the credit arrives on a timetable Octopus actually keeps. The only thing keeping it off a perfect score is that bill credit can’t be withdrawn, so the value stays locked to an account you have to keep holding.

Part 2

Is it for you?

Octopus Energy referral summary

Reward
£50 account credit
Reward type
Bill credit
Requirement
Switch energy supply to Octopus
Time to receive
After first direct debit payment

Would you actually save by switching?

Your rates at the 1 July to 30 September 2026 price cap vs Octopus Flexible, plus the £50 referral credit.

Household energy use

Typical is Ofgem’s 2026 medium household: 2,500 kWh of electricity and 9,500 kWh of gas a year.

Choose your region to see the estimate.

Open the full calculator for custom usage, postcode lookup and rate-by-rate detail

Direct Debit rates as billed. Price cap: Ofgem, 1 July to 30 September 2026. Octopus Flexible: Octopus Energy API, checked 7 September 2026. Estimates, not quotes: your actual usage decides your bill.

Octopus Energy referral pros and cons

Pros

  • Highest Trustpilot rating of any UK energy supplier (4.8/5)
  • £50 referral reward for both you and the person you refer
  • 100% zero-carbon electricity as standard
  • Award-winning customer service with short wait times
  • Smart tariffs like Octopus Go offer cheap overnight rates for EV owners
  • No exit fees on most variable tariffs

Cons

  • Fixed-rate tariffs are not always available
  • Smart tariff savings depend on having a compatible smart meter
  • Referral credit applies to your energy account only, not as cash

What is Octopus Energy?

Octopus Energy is a UK energy supplier serving 6.8 million UK households (April 2024) on electricity Octopus reports as 100% zero-carbon. They are Ofgem-regulated, Which? recommended for nine consecutive years, and operate under the energy price cap.

Octopus was founded in 2015, and that household count makes it the largest UK electricity supplier (opens in new tab) by market share. The award is a Which? Recommended Provider (opens in new tab) rather than a survey placing.

The practical consequence of Ofgem (opens in new tab) regulation is that the standard variable tariff cannot charge above the government-set maximum, whatever happens to wholesale prices.

How does the Octopus Energy referral scheme work?

The Octopus Energy referral scheme (sometimes called recommend-a-friend) gives both the new customer and the referrer £50 in bill credit. You receive the credit after your first direct debit payment. There is no limit on referrals. Business customers get £75 instead of £50. There is no £100 energy referral: that figure belongs to the separate Smart Tech scheme for heat pump and solar installs.

The switch itself takes 2 to 3 weeks with no interruption to supply, and the credit follows the first direct debit rather than the switch completing, so the two dates are usually a few weeks apart.

Business customers switching to Octopus Energy for Business get the higher reward on the same link, with no separate business referral to find.

On the £100 people search for: it is not the energy referral. Octopus's own referrals page (opens in new tab) words it as “You get £50 credit, your friend gets £50 credit”, and £75 each on a business switch. The £100 is real, but it belongs to a different scheme: the Smart Tech referral for heat pump and solar installs. Referral sites publishing “£100 business credit” or “up to £75” for an energy switch have merged the two.

How to get and use an Octopus Energy referral code

If you are switching to Octopus as a new customer, click a trusted referral link and the £50 tracks automatically: there is no code to type. If you are already an Octopus customer, your own referral link lives inside your account or app, and you share it directly. Both of you get £50 when a friend completes their switch.

Switching to Octopus as a new customer:

  1. Click a trusted referral link, such as the one on this page
  2. Enter your postcode and choose a tariff
  3. Confirm your switch details: Octopus handles everything with your old supplier
  4. The bill credit lands automatically after your first direct debit clears

Already an Octopus customer? Your own link lives inside the Octopus Energy website or app under "Refer a friend". That URL is your Octopus referral code, which is why a search for a code to type turns up nothing.

For a screen-by-screen walkthrough with screenshots of every step, see how to switch to Octopus Energy.

Who is Octopus Energy best for?

Octopus Energy is best for UK households who want renewable energy, excellent customer service, and competitive prices. EV owners benefit from cheap overnight rates on Octopus Go, and solar panel owners can earn money exporting excess energy.

The renewable electricity comes without a premium attached, which is the part that is not obvious from the marketing. Solar export is paid through Octopus Outgoing, a separate tariff from whatever you import on. And anyone who has spent an afternoon on hold with a legacy supplier is buying the service rating here as much as the price.

Octopus Energy business referral: get £75

Octopus Energy for Business offers a separate referral reward of £75 for business customers who switch using a referral link. The same link on this page works for both domestic and business sign-ups: Octopus detects your meter type and applies the correct reward.

Who qualifies:

  • Sole traders, freelancers and micro-businesses
  • SMEs with commercial energy meters
  • Multi-site operations, where each site counts as a separate referral

What comes with it:

  • 100% zero-carbon electricity as standard
  • Business-specific tariffs like Shape Shifters, which guarantees 21 hours of cheaper electricity a day outside the 4-7pm peak
  • A no-standing-charge tariff option for lower-usage businesses

The switching process is the same as domestic: Octopus handles everything with your current supplier. Our full guide on why your business should switch to Octopus Energy covers business tariffs, solar export options and Saving Sessions.

Octopus Energy tariffs at a glance

Octopus Energy offers seven main tariffs: Flexible Octopus (standard variable), Fixed Octopus, Agile Octopus (half-hourly pricing), Octopus Go (cheap overnight rates for EVs), Intelligent Octopus (smart EV charging), Octopus Tracker (daily wholesale rates), and Cosy Octopus (heat pump tariff). Your referral reward applies regardless of which tariff you choose.

TariffBest forHow it works
Flexible OctopusMost householdsStandard variable rate, capped by Ofgem
Fixed OctopusBudget certaintyLocked rate for 12 months (when available)
Agile OctopusFlexible usagePrice changes every 30 minutes based on wholesale rates
Octopus GoEV ownersCheap overnight rate (usually 4 hours) for charging
Intelligent OctopusSmart EV chargingAutomatically shifts charging to cheapest slots
Octopus TrackerEngaged switchersFollows daily wholesale price, can be very cheap
Cosy OctopusHeat pump ownersCheap rate windows matched to heat pump usage

Our full Octopus tariff guide compares them in detail.

How Octopus Energy compares to other suppliers

Octopus Energy is the highest-rated UK energy supplier on Trustpilot, above E.ON Next, British Gas, and EDF. Unique smart tariffs like Tracker and Go set them apart from all competitors.

Trustpilot (opens in new tab) scores compared:

The tariff range is the other gap: nothing at British Gas or EDF matches the smart-tariff spread in the table above.

Part 3

How it compares

Octopus Energy referral at a glance

Your reward£50 account credit
Friend's reward£50 account credit
Reward typeBill credit
RequirementSwitch energy supply to Octopus
Time to receiveAfter first direct debit payment
Referral limitUnlimited

Octopus Energy key facts

Octopus Energy vs E.ON Next referral

FeatureOctopus EnergyE.ON Next
Reward£50 account credit£50 retail voucher
Reward typeBill creditRetail voucher (M&S, Sainsbury's, Argos, and more)
RequirementSwitch energy supply to OctopusSwitch energy supply to E.ON Next
Time to receiveAfter first direct debit paymentAbout 4 weeks after first direct debit payment
Referral limitUnlimited5 per day / 25 per year (£1,500 annual cap)
Trustpilot4.8/54.5/5
View E.ON Next referral
Seb Place

Referral Plug founder · Personal finance writer and UK consumer savings specialist

I specialise in finding people the best deals to cope with the ever-increasing cost of living. I like to review companies from everyday industries like banking and energy and try to provide a fresh mix of facts and unbiased opinions.

Last updated: · Fact-checked and reviewed for accuracy

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