Octopus refer a friend: £50 credit when switching 2024 code

If you’ve decided to switch suppliers to Octopus Energy, I’m sure you won’t be disappointed. And use my Octopus refer a friend link when you join and you’ll earn £50 cashback to your account (and I’ll earn £50 credit too). Plus, when you join, you can refer your friends too!

Octopus referral code quick link

Always check with your friends first to see if they have an Octopus refer a friend code – I am a stranger on the internet, after all. But, if not, you can use mine and I’ll appreciate it! My code smart-fox-386 and is under the name of Peter Chatfield, account number A-3FFA3062. Or click on the button below.

£50 from Octopus

Octopus Energy recommend a friend

A couple of years ago saw a bit of a shake-up in the gas and electric market, with many smaller firms going out of business and no longer providing energy.

But one of the companies still going strong is Octopus Energy. And although switching your provider might not save you as much money as it once did, it does come with some other benefits.

Let’s take a look at what Octopus Energy is all about and why I recommend them so strongly.

Who is Octopus Energy?

Octopus is fairly new to the energy market, having only started in 2015. However, they’ve come a long way over such a short period and now reach over 4.9 million customers.

Octopus doesn’t just focus on lower prices but customer service too. Since 2018, and for six years on the trot, it has been a Which? Recommended Provider (WRP) for energy.

Octopus has also been given awards by The Association For Renewable Energy & Clean Technology and named as uSwitch supplier of the year several times. Take a look at my Octopus Energy review to find out more.

How to join Octopus

Signing up for Octopus Energy is a simple process.

1. Click on this link
2. Enter your postcode and click ‘get a quote’
3. Select whether you need gas and electricity or electricity only
4. Share the type of meter you have – either standard, Economy 7 or smart
5. Enter how much energy you use. If you have actual figures, this will give you a more accurate quote. If not, you can add some details about your general usage
6. Click ‘quote me’. You can view your quote on the webpage or send it to your email address.
7. Choose the tariff you want and sign up.

When do you receive your £50 credit?

Octopus will pay your £50 once your supply has started and you have made your first monthly direct debit.

What if you have a prepay meter?

You can still receive £50 credit from Octopus by using a referral link. You can either get in touch with Octopus (see contact details below) and send them direct debit details, which allows them to process the referral credit as a refund. Or, you can be sent a key or card with £50 as pre-loaded credit.

What are the benefits of Octopus Energy?

So, why should you consider joining Octopus?

A selection of tariffs

• flexibleOctopus – a flexible tariff that changes can change depending on wholesale prices.
• Loyal Octopus – a fixed price tariff so you know what you’re paying for the next 12 months.
• Agile Octopus – this is based on wholesale prices. You get access to half-hourly energy prices, which means that costs can spike at peak times, so it’s more suitable for people who can change their usage.
• Octopus Go – gives you cheaper electricity between 00:30 and 04:30 every night.
• Intelligent Octopus Go – this tariff gives you six hours of cheaper electricity at night. However, you will need a compatible electric car to qualify. Find out more about Intelligent Octopus.
• Octopus Tracker – this is based on daily wholesale prices. How much you pay could change in a short period.

Easy to track your energy

Each month, Octopus will send you a statement about how much energy you have used by email. If you miss it, don’t worry. You can also log into your account and find it there. Octopus also provides a handy app to check these things if that’s how you prefer to keep an eye on your account.

Request a refund online

If you’ve built up credit with Octopus, just visit your account online and click the request refund button. Octopus will check that everything is good to go and will refund you, usually within seven to ten working days.

Green energy

If you’re not bothered about customer service or prices, how about the fact that Octopus uses 100% green electricity as standard? And they’re backed by Octopus Investments, the UK’s largest investor in solar power, responsible for nearly 40% of the nation’s large-scale solar generation.

Switching isn’t the only way to save money. Take a look at how to cut 40% off your energy bills.

Lots of ways to keep in touch

If you have any questions or issues, you can contact Octopus by email at hello@octopus.energy or through Twitter (or should that be X). They tend to be quite quick to reply, but it depends on how in-depth the answer needs to be.

If you would prefer to speak to somebody, you can call Octopus on 0808 164 1088.

Is it difficult to switch providers?

Not at all. In some cases, it will take just a few minutes. You just need your address and bank details. Even if you don’t know how much energy you use, Octopus can estimate it for you by using the size of your house. It’s best to have a bill from your current supplier with your annual usage, as this will give you a more accurate figure, but it isn’t essential. Your switch will usually be complete within three weeks.

There is no need for an engineer to visit, you won’t lose the supply of your electricity and Octopus will inform your old supplier that you are leaving.

Do you need a smart meter?

No, you don’t. Basic Octopus tariffs will work with any meter. However, if you want to use one of their more advanced tariffs such as Intelligent Octopus Go, you will need a smart meter. If you don’t have one, Octopus can install one for you.

And if you’re not sure about the benefits, take a look at my post on whether smart meters are worthwhile.

Save even more money with Octopus Energy refer a friend

As I mentioned above, you’ll get an extra £50 credit to your account if you sign up using a referral or Octopus promo code.

And once your account is open, you can start recommending Octopus to your own friends and receiving even more credit.

How do I refer a friend to Octopus Energy For £50 credit?

All you need to do is log in to your account and find your unique Octopus refer a friend code – it will be at the bottom of the homepage. Forward it to friends and when they join, you’ll both receive £50 when their first month’s direct debit has been successfully taken. Octopus will email you to keep you updated.

Is there a £100 Octopus referral link?

You may have read about Octopus offering new users £100 credit on joining. Well, it is true and is often used to celebrate World Octopus day. But it’s not 100% certain they’ll do it every year though. The last time I saw it offered was back in 2020.

£100 referral bonuses are available if you open a business account with Octopus.

My Octopus Energy referral code for 2023

If you want to see how much you can save, click on the image below, which contains my Octopus Energy referral link, or use my code smart-fox-386. If you do sign up, we both receive £50 credit when your first direct debit is taken.

£50 from Octopus

And why not take a look at whether solar panels are worth installing?

Please note that all opinions are my own and not associated with Octopus Energy.

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