Octopus Energy scores highly with customers, too. It boasts an outstanding average score of 4.8 out of 5 on independent user review site TrustPilot, from over 32,000 customer reviews (August 2020) – with an impressive 92 per cent of those reviewers rating Octopus ‘excellent‘.
Is Octopus a good energy supplier?
Octopus Energy reviews from customers were so positive that the supplier also scooped up the Energy Supplier of the Year Award for 2021, pulling out an Overall Customer Satisfaction score of 92% in the survey. Of the 15 award categories, Octopus Energy took the top spot in seven.
How reliable is octopus energy?
Octopus Energy has been a Which? Recommended Supplier for three years running, and has a whopping five stars on Trustpilot, with 92% of 32,000 reviewers rating it excellent (August 2020). Users have consistently praised the company’s user-friendly, transparent information and its prompt customer service.
Why is Octopus energy so expensive?
While the electricity Octopus supply our customers is backed by renewable generation, the cost of all electricity rises and falls together. As the price of energy from traditional energy sources rises, the price of renewable energy rises with it.
Who is octopus energy owned by?
Octopus Group
Octopus Energy Group is a British renewable energy group specialising in sustainable energy. It was established in 2015 as a subsidiary of Octopus Group, a British asset management company.
Octopus Energy Group.
| Type | Private |
|---|---|
| Parent | Octopus Group |
| Website | octopusenergy.group |
Will Octopus energy go bust?
Is Octopus safe from collapse? Octopus founder Greg Jackson has reassured customers on Twitter. Responding to a question about whether the firm was at risk, he said: No as a global, very well backed company we’re fine but plenty more are not.
Is Octopus energy likely to bust?
Octopus Energy
One of the first energy suppliers to confirm they are safe, Octopus Energy’s CEO, Greg Jackson, tweeted to say as a global, very well-backed company we’re fine.
Is Octopus energy cheaper than British Gas?
For Octopus, our standard variable tariff is currently about ?121 cheaper than British Gas.
Which is the best energy supplier UK?
Here we look at the best energy companies in 2021:
- Outfox the Market. The best energy supplier for 2021 as rated by customers is Outfox the Market.
- Octopus Energy.
- Avro Energy.
- People’s Energy.
- Pure Planet.
- Npower.
- Scottish Power.
- SSE.
Is Octopus energy cheap?
Octopus Energy prides itself on being affordable and customers in our survey tend to agree. Its four star rating is very respectable, though one firm achieved five stars on this measure. It offers a competitive tariff but I could possibly get a better price if I was prepared to have poorer customer service.
Who is the cheapest energy provider in UK?
Top 10 cheapest energy tariffs
| Rank | Supplier | Type |
|---|---|---|
| 1 | Spark Energy | Fixed |
| 2 | Utility Warehouse | Variable |
| 3 | ScottishPower | Fixed |
| 4 | ScottishPower | Fixed |
Which is best bulb or octopus?
Honestly, there’s not a great deal of difference between the two brands, as they’re very similar to one another. In terms of price and green-ness, Bulb wins the race by a small margin plus they have a much better app for you to use too.
Do octopus Energy install solar panels?
Panel Power supports all businesses with a solar PV installation up to 150kW peak capacity. However, it is important to remember you will need to have your import also supplied by Octopus for us to buy any exported electricity you may have.
Is octopus taking over Engie?
Octopus will add ENGIE UK’s domestic energy customers to its ranks over the next few months, where they will continue to enjoy renewable electricity as standard, and benefit from Octopus’s award-winning customer service.
How does Octopus energy rate?
?Octopus Energy Tariff FAQs
The unit rate for electricity with Octopus is 13.15 pence per kWh and the standing charge is 21 pence per day. If you’re on an Economy 7 tariff, the unit rate during the day is 14.49 pence per kWh, while at night it’s 7.76 pence per kWh – the standing charge is the same.
Is Octopus electricity Green?
So just how green is Octopus Energy?We’re supplying 100% green electricity to customers now, and investing in new renewable generation. It’s important to understand that when you join a renewable supplier, there isn’t a special ‘green grid’ that sends renewable-only generated energy to your home.
Which energy companies are in trouble UK?
Energy suppliers that have collapsed in the past 14 months
- Effortless September 2020.
- Tonik Energy October 2020.
- Yorkshire Energy December 2020.
- Simplicity Energy January 2021.
- Green Network Energy January 2021.
- Hub Energy August 2021.
- PfP Energy September 2021.
- MoneyPlus Energy September 2021.
Which UK energy companies are likely to go bust?
Zog Energy becomes 25th UK supplier to go bust in three months
| Date | Energy supplier | New supplier |
|---|---|---|
| 7 September 2021 | PFP Energy | British Gas |
| 7 September 2021 | MoneyPlus Energy | British Gas |
| 9 August 2021 | Hub Energy | E.ON Next |
| 27 January 2021 | Green Network Energy | EDF |
What energy companies are in trouble?
Pure Planet, Ampower, Zebra Energy and Neon Reef are believed to be among the companies at risk of collapse, affecting hundreds of thousands of customers.
How many customers do octopus energy have?
We’re doing energy better for you and for the environment.
Since then, we’ve been picking up 50,000 customers a month on average, and now supply energy to over 2 million UK homes (and counting).
Who are the top six energy companies?
Before 2021
| Company | Ceased trading | Customers transferred to |
|---|---|---|
| Iresa | July 2018 | Octopus Energy |
| OneSelect | December 2018 | Together Energy |
| Our Power | January 2019 | Utilita Energy |
| Robin Hood Energy | September 2020 | British Gas |
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