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Octopus Energy

Explore Octopus Energy Plans and Rates

Written by Dominique Coury

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Edited by Hannah Whatley

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Last Updated:

Explore today's low rates and compare energy plans.

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Browse Octopus Energy’s current electricity rates

Plan NamePlan LengthRate*
Octopus Energy - Octopus Lite 1212 months$0.082/ kWh
Octopus Energy - Octo Volt 2424 months$0.144/ kWh
Octopus Energy - Octo Volt 1414 months$0.144/ kWh
Octopus Energy - Octo Volt 1212 months$0.145/ kWh
Octopus Energy - Octo Volt 1818 months$0.147/ kWh

Please note: All rates above are accurate as of 4/09/2026, 1:56:54 PM CDT for ZIP Code 75001. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

*All pricing shown in cents per kWh

Why choose Octopus Energy

Octopus Energy is a Houston-based energy company that serves deregulated energy customers across Texas. This provider is dedicated to providing affordable green energy plans with transparent rates.

Octopus Energy offers include:

  • 100% renewable energy plans
  • Fixed rates
  • Contracts ranging from 12 to 24 months
  • Bill credit options

Octopus Energy reviews

Our energy experts gave Octopus Energy a 4.1 out of 5 in our provider review. The provider earns perfect scores for its online accessibility and plan options, but struggles in customer service. Octopus’ customer service rating was impacted by its lack of a satisfaction guarantee. Otherwise, this provider has many positive reviews on TrustPilot and Google, with many customers praising its high-quality customer service.

CategoryScore
Customer service2.4/5
Online accessibility5/5
Plan options5/5
Overall score4.1/5

Octopus Energy plans

At Octopus Energy, you can strike a balance between finding an affordable plan and lowering your carbon footprint. Shop Octopus’ transparent plans on Choose Energy by entering your ZIP code.

Octo Volt 12, 14, 18, and 24

Why choose it? The Octo Volt plans are designed to make your life easier. With a simple fixed rate, you can expect predictable energy bills.

  • 12-, 14-, 18-, or 24-month contract terms
  • Fixed rate
  • 100% renewable energy
  • Early termination fee (ETF) ranges from $150 to $250 based on your term length

Octopus Lite 12

Why choose it? Choose the Octopus Lite 12 plan if you regularly use at least 1,000 kilowatt-hours (kWh) to claim the $125 monthly bill credit.

  • 12-month contract
  • Fixed rate
  • $125 monthly bill credit for 1,000 kWh or more usage
  • $150 ETF

Moving or switching your Octopus Energy service

If you’re moving homes, you may be able to keep your Octopus Energy plan. Here’s what you need to know:

  • Moving within Octopus Energy’s service area? If you are moving to a location still within Octopus’ service area, you can keep your plan. Contact Octopus a few weeks before your move to transfer your service to your new home.
  • Moving outside Octopus Energy’s service area? If you move to a location where Octopus does not operate, you’ll have to cancel your plan and switch providers. Fortunately, you won’t be charged a cancellation fee in this scenario. Once you provide proof of move-out, your supplier will waive the ETF. Choose Energy can help you find a new provider up to 90 days before your move.

Cancellation fees

Octopus Energy charges a cancellation fee if you end your contract early. Its fees are:

  • $150 for 12-month contracts
  • $200 for 14-month contracts
  • $200 for 18-month contracts
  • $250 for 24-month contracts

Other Octopus Energy initiatives

In addition to providing cheap energy plans, Octopus Energy offers products to optimize your home’s electricity consumption. Its Intelligent Octopus tool helps you streamline the following activities:

  • Electric Vehicle (EV) charging: Automatically regulate your EV charging to maximize its efficiency through the Octopus app.
  • Smart thermostats: Adjust your heating and cooling patterns to balance comfort and efficiency.
  • Home solar battery: Use the Intelligent Octopus tool to automatically charge and discharge your solar batteries based on solar energy production. Check your battery performance on the Octopus app.

Octopus Energy service areas

You can find Octopus Energy plans in all five major utility service areas in Texas.

Enter your ZIP code to shop Octopus Energy rates available near you.

How to contact Octopus Energy

Contact Octopus Energy if you have any questions about your energy bill or account. Here’s how to get in touch with Octopus:

If you experience a power outage or notice a downed power line, call your utility company for assistance.

Tips to keep in mind when shopping on Choose Energy

Have your past bills ready. Knowing your average consumption patterns will help identify the best Octopus Energy plan for you. You can use our free energy marketplace to compare prices and select a plan aligned with your typical usage.

Review plan details. Read the Electricity Facts Label (EFL) to help you choose a plan. This document contains the price per kWh, utility delivery fees, renewable energy content, ETFs, provider contact methods, and more.

Enroll in minutes. When you shop for an electricity plan on Choose Energy’s free marketplace, you can sign up directly online or by calling our energy experts at the number on your screen. Either way, this quick process makes it easy to secure affordable energy in your area from top providers like Octopus Energy.

Frequently asked questions about Octopus Energy

What types of plans does Octopus Energy offer?

Octopus Energy specializes in renewable energy plans with fixed rates and transparent pricing. Contract options range from 12 to 24 months.

Does Octopus Energy have an app?

Yes, Octopus Energy has an app that lets customers monitor their energy usage, pay their bills, and connect to smart home services.

Does Octopus Energy offer services to help reduce my energy bill?

Octopus Energy’s Intelligent Octopus is an energy optimization tool that helps you save money on your electricity bill. Optimize your EV charging station, smart thermostat, and home batteries, all within the Octopus app.

How can I compare Octopus Energy plans?

Choose Energy makes it easy to compare and secure an Octopus Energy plan on our free marketplace. You can compare plans, rates, and enroll in minutes.

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