Octopus Fixed Tariffs 2026

Scot_39

The fixed vs fixed again is looking - as per the EOn in MSE article - as if its based on low TDCV (albeit for now the old one - so the future versions - IF any - might use the newly reduced 1600 and 6000 for low TDCVs).

IIRC Ofgem were leaning to restricting the offer from all electric users at one stage - seems from the Octopus examples above - quoting new e7 versions - they are allowing it for low all electric users.

I dont know why I missed it earlier from quote examples - but the Octopus offer is limited to 33,000 customers. EOn was 25k, EDF ?

And the minimum consumptions are 666, 2836 gas - will that be high enough to exclude solar / battery homes ?

More details here

https://octopus.energy/blog/low-standing-charge-tariff-trial/

vic_sf49

As I use about 900 KWh per year, I've just taken that as my electric fix.

£30/yr saving over everything else on offer.

Last fix ended in March, and I'd been on the SVR (Flexible Octopus) since, hoping for something better before winter.

Switched tariff via the app too, which saved me emailing them.

(Gas is already fixed, until November.)

Lorian

Today we have

Octopus 12M Fixed July 2026 v2

And

Octopus 12M Fixed Low SC July 2026 v2

Prices of course having risen (I presume both did I only checked the former)

vic_sf49

https://forums.moneysavingexpert.com/discussion/comment/82063571#Comment_82063571

ETA, Sorry, I should have said that that £30/yr saving, was only against Octopus SVR and regular fixed tariff, based off my own maths.

I did also have a check of the mse cheap energy club, and there were a few that were close, and a Fuse one that would have cost nigh on the same, and Fuse's SEG export is 1p better.....

But I REALLY like the Octopus mini and live data. My billing is accurate, and they bill me per calendar month, after I requested that years ago.

So yes, I could earn some more on export, and Fuse may be good on all those other things, but sometimes, you just want to stick with what you know, and what works.

I'm all for money saving, but the tentacled ones have hooked me in, with the mini.

Scot_39

https://forums.moneysavingexpert.com/discussion/comment/82063581#Comment_82063581

I think they got to v8 on the standard June fix.

Given UK natural gas up about 10p a therm in last 2 days (today after last nights round ? just c 2.3p but back to 119p/therm from a recent spot low of 92p - but realistically 100p level post MoU)

And just checked the quote for EM region for SR / Gas I posted above - SC's the same but rates up

Standard

SR 23.32 to 24.25 - up 0.93p

Gas 6.17 to 6.56 - up 0.39p

Low SC

SR 26.93 to 27.86 - up 0.93p - so same

Gas 7.3 to 7.69p - up 0.39p - so same

Havent crunched the numbers - but suspect that means sticking with the old 1800/7500 kWh TDCVs - for now ?.

barker77

https://forums.moneysavingexpert.com/discussion/comment/82063637#Comment_82063637

also octopus buying way more renewables than fuse too!

Sea_Shell

About that break even point...

"12M Fixed vs 12M Fixed Low SC: Low SC is cheaper up to 1779 kWh/yr of electricity, up to 7522 kWh/yr of gas."

We're Low(ish) users. E = 1120, G = 8986

Not sure it's worth the gamble, as we're on the bubble, and we'd possibly only save a few £

We're East Midlands, so I appreciate the figures may vary slightly.

Current fix ends early September... decisions decisions.

pete-20-11

https://forums.moneysavingexpert.com/discussion/comment/82065775#Comment_82065775

Just do the maths. Assume your usage won't change. Look at the normal and low SC fixes and compare the two.

Sea_Shell

Thanks @[Deleted User] , that's going above and beyond.

Lots to think about.

However, @pete-20-11 I'm not going to assume our usage stays the same, as a bad winter/spring could quickly undo the small savings.

If we stay with octopus, it'll be on their standard fix, not a low SC one.

We don't "need" to save every penny, but we still want to try and get a decent fix.

pete-20-11

https://forums.moneysavingexpert.com/discussion/comment/82066049#Comment_82066049

Fair enough. I just compared the two fixes and decided it was worth it.

I didn't consider the bad winter element, but then I have air conditioning which I can use instead of gas heating, so I can balance a little between gas usage and electricity usage.