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Octopus Energy Review and Ratings

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Read our Octopus Energy Review and Ratings. Octopus Energy currently holds a Clear Energy Facts Score of 3.5 out of 5, ranking #18 out of 42. We evaluate 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.
  7. Lower disconnection and reconnection fees: In the unfortunate situation that a customer is processed a disconnection and reconnection, Octopus REP fees are much smaller compared to the rest of the market; you still have to pay the TDU charges, but the REP charges are low.

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.

2.7 /5.0

Cancellation fees

Ranked #24 of 42 companies

  • Cancellation fees are about average for the Texas market.
3.3 /5.0

Plans & rates

Ranked #26 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 #14 of 42 companies

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

Octopus Energy Non Recurring Fees Analysis

This is a comparison of the non-recurring fees for Octopus Energy. These charges are detailed within the Terms of Service (TOS) and contain critical information regarding penalties for missed payments or other circumstances. Understanding these fees is essential, as some providers enforce harsh penalties while others are more considerate.

This information is updated at the beginning of every quarter. We pull these figures from Oncor TDU plans via Power to Choose or directly from the provider's website. However, a provider's TOS is generally identical across all plans and TDU zones.

Fee Octopus Energy Market (Median)
Late Payment Charge 5% 5%
Insufficient Funds / Returned Payment Fee $35 $30
Disconnection Notice Fee $0 $19.95
Disconnection + Reconnection Fee $10 $50

Octopus Energy Plans & Current Rates (Apr 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, 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.

4 plans found for Octopus Energy in ONCOR ELECTRIC DELIVERY COMPANY

Does Octopus Energy have True Fixed rate plans?

Yes — we found 3 True Fixed plans (Check Provider's website for a full list of plans):

Octo Green 12
Octopus Energy logo True Fixed Ranked #10 of 65 True Fixed plans in this TDU & term range
Term: 12 months
Last update: March 25, 2026
Advertised average rates
500 kWh 13.40¢
1,000 kWh 12.90¢
2,000 kWh 12.70¢
Estimated Monthly Bill

Small apartment: Winter months usually use 500 kWh or less (no electric heater). Summer months are usually between 750 and 1,000 kWh.

Medium home: Winter months usually use 750 kWh or less (no electric heater). Summer months are usually between 1,250 and 2,000 kWh on average.

250 kWh 500 kWh 750 kWh 1,000 kWh 1,250 kWh 1,500 kWh 1,750 kWh 2,000 kWh 2,250 kWh 2,500 kWh
$35.54 $66.85 $98.16 $129.47 $160.78 $192.09 $223.40 $254.71 $286.02 $317.33
Octo Simple 18
Octopus Energy logo True Fixed Ranked #27 of 65 True Fixed plans in this TDU & term range
Term: 18 months
Last update: March 25, 2026
Advertised average rates
500 kWh 14.60¢
1,000 kWh 14.20¢
2,000 kWh 14.00¢
Estimated Monthly Bill

Small apartment: Winter months usually use 500 kWh or less (no electric heater). Summer months are usually between 750 and 1,000 kWh.

Medium home: Winter months usually use 750 kWh or less (no electric heater). Summer months are usually between 1,250 and 2,000 kWh on average.

250 kWh 500 kWh 750 kWh 1,000 kWh 1,250 kWh 1,500 kWh 1,750 kWh 2,000 kWh 2,250 kWh 2,500 kWh
$38.69 $73.14 $107.60 $142.06 $176.51 $210.97 $245.43 $279.88 $314.34 $348.80
Octo Green 10
Octopus Energy logo True Fixed Ranked #3 of 4 True Fixed plans in this TDU & term range
Term: 10 months
Last update: March 25, 2026
Advertised average rates
500 kWh 15.00¢
1,000 kWh 14.60¢
2,000 kWh 14.40¢
Estimated Monthly Bill

Small apartment: Winter months usually use 500 kWh or less (no electric heater). Summer months are usually between 750 and 1,000 kWh.

Medium home: Winter months usually use 750 kWh or less (no electric heater). Summer months are usually between 1,250 and 2,000 kWh on average.

250 kWh 500 kWh 750 kWh 1,000 kWh 1,250 kWh 1,500 kWh 1,750 kWh 2,000 kWh 2,250 kWh 2,500 kWh
$39.73 $75.22 $110.72 $146.21 $181.71 $217.20 $252.70 $288.19 $323.69 $359.18

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: March 25, 2026
Advertised average rates
500 kWh 22.90¢
1,000 kWh 10.00¢
2,000 kWh 16.00¢
Estimated Monthly Bill

Small apartment: Winter months usually use 500 kWh or less (no electric heater). Summer months are usually between 750 and 1,000 kWh.

Medium home: Winter months usually use 750 kWh or less (no electric heater). Summer months are usually between 1,250 and 2,000 kWh on average.

250 kWh 500 kWh 750 kWh 1,000 kWh 1,250 kWh 1,500 kWh 1,750 kWh 2,000 kWh 2,250 kWh 2,500 kWh
$59.35 $114.47 $169.59 $99.71 $154.84 $209.96 $265.08 $320.20 $375.32 $430.44

Octopus Energy vs. The market

We don't have direct comparisons to other companies at this moment.

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 #14 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
3.9 Stars | 126 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 knowledgeable, patient, professional, and helpful. Agents provide detailed explanations during the sign-up process, which is noted as being seamless and easy. Representatives have resolved billing questions by sharing data, helped with technical needs, and amended previous service issues. The company proactively sent information on how to sell back energy at higher rates. The website is cited as being easy to use for tracking usage and paying bills, and the company offers renewable energy and competitive rates.
Customer experiences are varied, with reviews citing helpful and professional representatives who facilitate a simple onboarding process, alongside reports of billing irregularities, high costs, and unhelpful service interactions.

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 #18 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 12.9¢/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.