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Octopus Energy price Hikes 1st May 2026

croakman
croakman Posts: 2 Newbie
Second Anniversary First Post
in Energy

Just had an email from Octopus energy detailing their upcoming price hikes on the 1st May.

Standing Charge up by 3.56%

EV rate 11;30pm to 5.30am up an astonishing 32.7%

Day rate up 8.97%

Overall my bill for the year is up 11.25%

Screenshot 2026-04-20 at 20.01.50.png

Comments

  • TroubledTarts
    TroubledTarts Posts: 578 Forumite
    500 Posts First Anniversary Photogenic Name Dropper

    The percentages add some drama but overnight rate of 6.9p is still very good.

  • SaverRate
    SaverRate Posts: 991 Forumite
    Sixth Anniversary 500 Posts Name Dropper

    I have switched to the EON Next EV Fixed tariff as a result of this price rise. For me it works out a couple of pounds more than the price rise but its fixed for 12 months so will avoid the June/July price rise which I am sure Octopus will take advantage of!

  • Qyburn
    Qyburn Posts: 4,192 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper

    This is Intelligent Octopus Go I think. Any other tariffs finding similar?

  • QrizB
    QrizB Posts: 22,397 Forumite
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    edited 20 April at 8:19PM

    Just had an email from Octopus energy detailing their upcoming price hikes on the 1st May.

    IOG 12m Fixed is still available, if you want to avoid any more surprises. (It's more expensive than your new variable rates, but you know it won't change for a year.)

    EV rate 11;30pm to 5.30am up an astonishing 32.7%

    Don't be so melodramatic. It's up 1.7p per unit and is still fractionally cheaper than it was in March.

    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.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
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