What is the Best Octopus Energy Business Tariff
Last Updated 16th of April 2025
4 minute readIf you’re running a business, choosing the best energy tariff can be confusing. Thankfully, Octopus Energy offers several options designed to suit different needs. In this guide, we will help you determine the best Octopus Energy business tariff for your company.
The best Octopus Energy business tariff depends on your company’s usage pattern, the size of your business, and your sustainability goals. Octopus Energy offers tariffs like Flexible, Agile, and Business Green, each tailored to specific business needs.
Keep reading to explore the details of each tariff, how they work, and which one might be the perfect fit for your business. Understanding these options will help you make an informed decision and save money in the long run.
Find the best Octopus Energy tariff for your business. Click below to compare plans and choose the right fit for your energy needs.
Understanding Octopus Energy Business Tariffs
Octopus Energy, known for its commitment to renewable energy and transparent pricing, offers a range of business tariffs designed to cater to diverse energy needs. Selecting the appropriate tariff involves assessing your business’s energy consumption habits, budget constraints, and environmental goals.
Fixed-Rate Tariffs
Fixed-rate tariffs provide businesses with price stability by locking in unit rates and standing charges for a specified contract period, typically 12 months. This predictability aids in budgeting and financial planning. For instance, Octopus Energy’s fixed-rate tariffs may include:
- Standing Charge: A daily fee covering the cost of supplying energy, such as maintenance of infrastructure.
- Unit Rate: The cost per kilowatt-hour (kWh) of energy consumed.
Example Pricing (subject to change):
- Standing Charge: Approximately 55.06 pence per day.
- Unit Rate: Around 24.64 pence per kWh.
Note: Prices vary by region and are subject to change. It’s advisable to check the latest rates on Octopus Energy’s official website.
Shape Shifters Tariff
The Shape Shifters tariff is a time-of-use plan that offers reduced rates during off-peak hours, encouraging businesses to shift their energy usage to these times. The tariff is divided into three periods:
- Night Rate (Midnight to 7 am): The most affordable rate, ideal for energy-intensive tasks that can be scheduled overnight.
- Day Rate (7 am to 4 pm and 7 pm to Midnight): Moderately priced, suitable for standard business operations.
- Peak Rate (4 pm to 7 pm): The highest rate, reflecting periods of high demand.
By avoiding energy consumption during the peak period (4 pm to 7 pm), businesses can benefit from lower rates during the other periods. This tariff is particularly advantageous for businesses with flexible energy usage, such as manufacturing units or data centres that can adjust operations to off-peak times.
Green Tariffs
For businesses aiming to enhance their sustainability profile, Octopus Energy offers green tariffs that supply 100% renewable electricity sourced from wind, solar, and hydro power. These tariffs not only reduce carbon emissions but also appeal to environmentally conscious customers and partners. Features include:
- Renewable Energy: Assurance that all electricity supplied is from renewable sources.
- Carbon Offsetting: Options to neutralise emissions associated with gas consumption.
Example Pricing (subject to change):
- Standing Charge: Approximately 55.06 pence per day.
- Unit Rate: Around 25.64 pence per kWh.
Note: Prices vary by region and are subject to change. It’s advisable to check the latest rates on Octopus Energy’s official website.
No Standing Charge Tariffs
Octopus Energy also offers tariffs with no standing charge, meaning businesses only pay for the energy they consume without a fixed daily fee. This option is beneficial for businesses with low or irregular energy usage, as it eliminates the cost of maintaining a supply.
Example Pricing (subject to change):
- Standing Charge: £0.00 per day.
- Unit Rate: Approximately 28.63 pence per kWh.
Note: Prices vary by region and are subject to change. It’s advisable to check the latest rates on Octopus Energy’s official website.
How to Choose the Best Octopus Energy Business Tariff for Your Business
Choosing the best tariff depends on several factors, including:
- Energy Consumption: Larger businesses that use more energy may benefit from the Flexible Octopus tariff, while smaller businesses might find the Agile or Business Green tariffs more suitable.
- Sustainability Goals: If your business is focused on reducing its carbon footprint, the Business Green tariff should be your top choice.
- Budgeting: If you prefer predictable energy costs, the Flexible Octopus tariff with fixed pricing could be ideal for businesses with steady energy usage.
Factors to Consider Before Signing Up for an Octopus Energy Business Tariff
Before signing up for any tariff, there are several key factors to consider:
- Energy Usage Patterns: If your business operates irregular hours, tariffs like Agile that fluctuate with market prices could be beneficial. On the other hand, businesses with regular hours might benefit more from a fixed-price tariff.
- Cost Comparison: Always compare the potential savings between tariffs. While a flexible tariff could offer lower rates during off-peak times, a fixed tariff provides more stability and predictability for budgeting.
- Sustainability Commitment: If your business is focused on sustainability, the Business Green Tariff may be the best choice. It ensures that your energy comes from renewable sources, which could help reduce your environmental impact.
- Long-term Benefits: Consider how each tariff could affect your business in the long run. While lower rates from the Agile tariff may look attractive initially, it may not be sustainable for businesses with high energy consumption at peak times.
Why Switch to Octopus Energy for Your Business?
Octopus Energy’s business tariffs offer several advantages over other providers:
- Competitive Prices: Octopus Energy has some of the best rates on the market, and with flexible tariffs, you can save money during off-peak times.
- Sustainability: With 100% renewable energy options, you can make your business more eco-friendly, which is increasingly important to customers and partners.
- Customer Support: Octopus Energy is known for its excellent customer service, which can help you navigate your options and manage your energy usage effectively.
If you want to find the best Octopus Energy business tariff for your company, don’t hesitate to explore their options. Click the link below to get a personalised quote and see how much your business could save.
FAQ
What is the cheapest Octopus Energy business tariff?
The cheapest tariff depends on your energy usage patterns. Generally, the Agile tariff may offer lower rates if you can shift your energy use to off-peak hours.
Can I switch between tariffs?
Yes, Octopus Energy allows businesses to switch between tariffs based on their needs, whether it’s a fixed price or a more flexible plan.
Is there a contract length for Octopus Energy business tariffs?
Yes, Octopus Energy typically offers contracts with fixed terms, but you can also opt for flexible plans that allow for more adaptability.
How does Octopus Energy’s Green tariff work?
The Business Green tariff guarantees that 100% of the energy used by your business is from renewable sources like wind, solar, and hydroelectric power.
Can I get smart meter installation with my Octopus Energy business tariff?
Yes, Octopus Energy offers smart meters to businesses, which can help you track your energy usage more efficiently and make the most of tariffs like Agile.
By taking these factors into account and choosing the right tariff, you can ensure that your business benefits from affordable and sustainable energy.