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Octopus Energy Review and Ratings

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Octopus Energy currently holds a Clear Energy Facts Score of 3.5 out of 5. This places them at rank #16 out of 42. Three factors were evaluated: plan quality, pricing transparency, and customer service.

 Octopus Energy is a global retail electricity provider that operates in Texas as part of its U.S. expansion, bringing a technology-driven approach to electricity pricing and customer service. The company focuses on straightforward plans, digital-first tools, and renewable energy offerings, leveraging its experience from multiple international markets to serve Texas customers.

Octopus Energy: What we like

  1. Competitive Rates in Select Areas: In some areas, such as Houston and Dallas, the company offers very competitive rates that rank well in our comparisons. In other regions, pricing tends to be closer to the overall market average.
  2. Consistent pricing across platforms: Their rates are generally consistent across different shopping platforms, making it easier for customers to find their best available plans regardless of where they compare.
  3. Smart thermostat rewards (Intelligent Octopus): Some plans are offered under the “Intelligent Octopus” program with a smart thermostat option, where customers who grant permission may have their thermostat adjusted slightly during short peak periods—changes most users barely notice—while advertising potential annual savings of up to $300.
  4. EV-optimized plans (Intelligent Octopus): They also offer “Intelligent Octopus” options for electric vehicle owners, which—with customer consent to access charging data—optimize charging during greener, lower-cost times and advertise potential annual savings of up to $1,000, depending on usage habits.
  5. 100% renewable plans: All of their current residential electricity plans are offered as 100% renewable.
  6. Highly rated mobile app: Their mobile app is well rated (around 4.5–4.8 stars) and allows customers to track usage, view bills, and make payments easily, with additional smart-device integrations and manual overrides for Intelligent Octopus users.

Octopus Energy: What we don’t like

  1. Mixed review signals: Google reviews over the past year have been generally positive, at roughly a 2:1 ratio of positive to negative feedback; however, the company’s low PUCT score may indicate a higher rate of formal complaints compared to some competitors. While Octopus has over 100,000 reviews on Trustpilot, it operates globally, so only a small portion of those reviews are directly relevant to Texas customers.
  2. Credit/debit card processing fee: A 2% transaction fee may apply to credit or debit card payments. Customers can typically avoid this fee by paying via ACH or by phone, depending on available payment options.
  3. AutoPay requirement on some plans: Some plans require enrollment in AutoPay. If AutoPay is not enabled, a $5 monthly fee may apply.

Ratings for Octopus Energy

Company review breakdown

Octopus Energy logo

Compared against 42 Texas electricity companies rated by Clear Energy Facts.

CEF Score
3.5
3.5/5

Average score compared with other companies we evaluated.

2.9 /5.0

Cancellation fees

Ranked #24 of 42 companies

  • Cancellation fees are about average for the Texas market.
3.0 /5.0

Plans & rates

Ranked #28 of 42 companies

  • Rates are about average when you compare them to the rest of the market.
5.0 /5.0

Transparency

Ranked #1 of 42 companies

  • Good transparency
    Similar rates on Power to Choose and the company’s own website.
  • Good transparency
    Similar rates in Google sponsored ads and on the company’s website.
3.0 /5.0

PUCT complaint record

Ranked #15 of 42 companies

Based on complaint data reported to the Public Utility Commission of Texas.

How We Rate This Company

  • PUCT Rating: This is the official scorecard published by the Public Utility Commission of Texas (PUCT).
  • Plan & Rates: We evaluate each company’s electricity rates by giving more weight to clear True Fixed plans and less weight to other fixed-type plans, using average prices across different contract lengths. Companies with lower average rates score higher, and we exclude complex or gimmicky offers that require special equipment (like smart thermostats, EV devices, seasonal pricing, or “highest usage day” rewards).
  • Cancellation Fees: We compare each plan’s early termination fee against similar plans from other providers and normalize the data. Lower cancellation fees per contract term result in better scores.
  • Transparency: We check how consistently the provider displays prices across the main shopping channels Texans use: Power to Choose, the company’s own website, and Google Ads. If the prices match across these places, the transparency score goes up. If the company advertises one price but charges something different on its site, the score goes down.
  • CEF Score: The overall Clear Energy Facts score is a weighted average of these sub-scores, giving you a single number you can use to compare providers side by side.

Data note: Except for the PUCT Rating (which comes directly from the official PUCT scorecard), all CEF scores are calculated using real, up-to-date plan data from each provider. We recalculate these scores regularly using current Electricity Facts Labels and plan details — we don’t guess or use hidden assumptions.

Clear Energy Facts ratings focus on plan structure, transparency, and pricing. They do not include direct customer service scores. For that, we recommend checking recent Google Reviews and other independent sources, and being cautious with “star ratings” shown on sponsored comparison sites.

Octopus Energy Plans & Current Rates (Jan 2026)

Octopus Energy uses straightforward fixed-rate pricing and offers options across different contract terms. They have also introduced some bill credit plans. The Intelligent Octopus plans themselves are fixed-rate plans with rewards and are clearly labeled for smart thermostat or EV participation on the provider’s website.

Note: CEF selects plans based on value to the customer. For this review, For this review, we aim to avoid redundancy and shorter-term plans. we also generally exclude complex seasonal plans that usually offer poor value, high-rate fixed plans, and high-rate bill credit plans. For a complete list of available plans and terms, always check the provider's website. We display the latest update date for each plan, showing when the EFL and its information were collected. CEF verifies rates twice per week. Always check the provider’s website for the most current EFL and rates.

Enter your ZIP to check Octopus Energy plans

We’ll use your ZIP only to find the Transmission & Distribution Utility (TDU) for your address.

5 plans found for Octopus Energy in CENTERPOINT ENERGY HOUSTON ELECTRIC LLC

Does Octopus Energy have True Fixed rate plans?

Yes — we found 4 True Fixed plans (Check Provider's website for a full list of plans):

Octo Green 12
Octopus Energy logo True Fixed Ranked #6 of 65 True Fixed plans in this TDU & term range
Term: 12 months
Last update: January 29, 2026
Advertised average rates
500 kWh 14.70¢
1,000 kWh 14.20¢
2,000 kWh 14.00¢
Octo Simple 18
Octopus Energy logo True Fixed Ranked #15 of 65 True Fixed plans in this TDU & term range
Term: 18 months
Last update: January 29, 2026
Advertised average rates
500 kWh 14.80¢
1,000 kWh 14.40¢
2,000 kWh 14.10¢
Octo Simple 24
Octopus Energy logo True Fixed Listed on Power to Choose Ranked #12 of 39 True Fixed plans in this TDU & term range
Term: 24 months
Last update: January 30, 2026
Advertised average rates
500 kWh 16.00¢
1,000 kWh 15.50¢
2,000 kWh 15.30¢
Octo Green 10
Octopus Energy logo True Fixed Ranked #7 of 8 True Fixed plans in this TDU & term range
Term: 10 months
Last update: January 29, 2026
Advertised average rates
500 kWh 16.40¢
1,000 kWh 15.90¢
2,000 kWh 15.70¢

Does Octopus Energy have Fixed - Tiered Plans?

They don’t currently list any Fixed - Tiered plans on their website or on Power to Choose for this TDU.

Does Octopus Energy have Free Hours plans?

They don’t currently list any Free Nights / Free Hours plans on their website or on Power to Choose for this TDU.

Does Octopus Energy have Free Weekend plans?

They don’t currently list any Free Weekend plans on their website or on Power to Choose for this TDU.

Does Octopus Energy have Bill Credit plans?

⚠️ Bill-credit plans are usage-dependent: These offers can look cheap at exactly 1,000 kWh or 2,000 kWh but get expensive if you use more or less than the credit window. Clear Energy Facts can model your actual usage pattern — please Log in or Sign up to see whether a bill-credit plan really saves you money.

Yes — we found 1 bill-credit style plan (Check Provider's website for a full list of plans):

Octo Lite 12
Octopus Energy logo Usage Credit Plan
Term: 12 months
Last update: January 29, 2026
Advertised average rates
500 kWh 22.60¢
1,000 kWh 9.60¢
2,000 kWh 15.60¢

Transparency Review in Detail

5.0 /5.0

Transparency

Ranked #1 of 42 companies

Octopus Energy obtains the highest score in transparency because their rates and plans are consistent across all platforms, including their website, sponsored content on Google, and the Power to Choose marketplace. This means you can be confident that if you are interested in a plan with them, the price you find will be similar from any source.

Customer Service Review in Detail

3.0 /5.0

PUCT complaint record

Ranked #15 of 42 companies

In this section we focus on the company’s customer service, using the official complaint data from the Public Utility Commission of Texas (PUCT).

1. PUCT scorecard rating. This score shows how this provider compares to other Texas electricity companies based on the number of customer complaints the PUCT receives about them.

2. What the PUCT scorecard means. The PUCT publishes a scorecard that rates Retail Electric Providers based on their complaint history. It compares a company's market share to its share of complaints filed with the state. Companies that resolve issues before customers feel the need to contact the PUCT receive higher ratings (5 Power Circles), while companies that frequently force customers to escalate issues receive lower ratings.

If a company does not have a PUCT rating (or we show “No rating”), it usually means there is not enough historical data for the PUCT to calculate a score. This typically happens when a company is new to the market or has a customer base too small to be statistically compared to larger providers.

Octopus Energy Reviews
4.0 Stars | 123 reviews

Summary of Real Customer Reviews

At Clear Energy Facts we encourage people to leave reviews on platforms where everyone can read them and companies can respond publicly. From all the options available, we’ve found that Google tends to have some of the most consistent review practices and is a widely trusted source for real customer feedback.

The analysis below is based primarily on Google reviews from roughly the last 12 months, so the information reflects recent customer experiences rather than very old history.

Customer service representatives are described as helpful, knowledgeable, patient, and professional during the sign-up process, account setup, and issue resolution. The process of switching service is noted as seamless and easy. The company offers 100% renewable energy, a solar buy-back program with proactive advice, a fan discount program, and an easy-to-use website for tracking usage.
Customers report positive interactions with helpful service representatives and appreciate features like renewable energy and solar buy-back, while other reviews cite issues with service initiation, wrongful disconnections, high pricing, and unhelpful customer support.

Common questions about Octopus Energy

Is Octopus Energy a good electricity company?

Based on our independent analysis, Octopus Energy currently holds a Clear Energy Facts Score of 3.5 out of 5. This places them at rank #16 out of 42 retail electricity providers we track in Texas. This rating reflects a combination of their plan value, customer service history, and pricing transparency.

Does Octopus Energy have True Fixed rate plans?

Yes. Octopus Energy currently offers True Fixed rate plans. The cheapest True Fixed rate that we have validated is Octo Green 12 at about 13.9¢/kWh around 1,000 kWh with a 12-month term in the Dallas service area. Use the ZIP search above to see the latest True Fixed options available for your area.

Does Octopus Energy offer Free Nights or Free Hours plans?

We do not currently find any Free Nights / Free Hours plans from Octopus Energy.

Does Octopus Energy offer Free Weekends plans?

We do not currently find any Free Weekends plans from Octopus Energy.