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Octopus Energy refusing to refund my credit

I switched away from Octopus Energy at the end of August 2025.  To date (11th Dec 2025) they haven't paid back the credit on my account (£294.34), despite sending me a Final Bill on 1st November with my credit amount and containing the statement "We will make a payment of £294.34 to your bank account by 17th November".  I have contacted them numerous times by email and they have replied "I want to clarify that the ongoing dispute is currently preventing us from processing any refunds".  There is no suggestion that the dispute is with me and they have not given a timeline for resolution.
Has anyone else had this problem?  What is the best way to get my money back?

Comments

  • marcia_
    marcia_ Posts: 4,120 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    I switched away from Octopus Energy at the end of August 2025.  To date (11th Dec 2025) they haven't paid back the credit on my account (£294.34), despite sending me a Final Bill on 1st November with my credit amount and containing the statement "We will make a payment of £294.34 to your bank account by 17th November".  I have contacted them numerous times by email and they have replied "I want to clarify that the ongoing dispute is currently preventing us from processing any refunds".  There is no suggestion that the dispute is with me and they have not given a timeline for resolution.
    Has anyone else had this problem?  What is the best way to get my money back?
     You need to raise s formal complaint with them using their complaints procedure 

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  • Swipe
    Swipe Posts: 6,155 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    marcia_ said:
    I switched away from Octopus Energy at the end of August 2025.  To date (11th Dec 2025) they haven't paid back the credit on my account (£294.34), despite sending me a Final Bill on 1st November with my credit amount and containing the statement "We will make a payment of £294.34 to your bank account by 17th November".  I have contacted them numerous times by email and they have replied "I want to clarify that the ongoing dispute is currently preventing us from processing any refunds".  There is no suggestion that the dispute is with me and they have not given a timeline for resolution.
    Has anyone else had this problem?  What is the best way to get my money back?
     You need to raise s formal complaint with them using their complaints procedure 
    And insist on a cheque instead if something is preventing electronic payment.
  • QrizB
    QrizB Posts: 22,304 Forumite
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    Also, make sure you get your £80 of guaranteed service payments.
    I note it says "unless there’s a valid reason for the delay that’s outside of our control" but they've not yet claimed that to you.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.
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  • MWT
    MWT Posts: 10,921 Forumite
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    "I want to clarify that the ongoing dispute is currently preventing us from processing any refunds".  There is no suggestion that the dispute is with me and they have not given a timeline for resolution.
    Has anyone else had this problem?  What is the best way to get my money back?
    Was there a dispute raised on the meter readings at the time of the transfer?

  • born_again
    born_again Posts: 23,755 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    How does Octopus closing readings compare to new suppliers opening reading?
    Life in the slow lane
  • Lorian
    Lorian Posts: 6,662 Forumite
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    edited 11 December 2025 at 7:40PM
    Ring them up and ask for you money.
  • bristolleedsfan
    bristolleedsfan Posts: 12,949 Forumite
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    edited 11 December 2025 at 8:13PM
    I switched away from Octopus Energy at the end of August 2025.  To date (11th Dec 2025) they haven't paid back the credit on my account (£294.34), despite sending me a Final Bill on 1st November
    Dates given indicate £40 compensation due for failing to issue final bill within 6 weeks, if that has not  been paid additional £40 compensation due


     
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