Octopus Energy - Free £50 Bonus When You Switch
via Octopus Energy
Updated 7 Apr 2026
Get £50 credit on your energy bill when you switch to Octopus Energy via the 'Get This Offer' button. No exit fees if you decide to leave.
Overview
Octopus Energy is the UK's largest energy provider. Switch your gas or electricity to them via the 'Get This Offer' button and receive £50 credit on your energy bill. There are no exit fees if you decide to switch away later.
How to Claim
- Sign up to Octopus Energy via a the 'Get This Offer' button
- Enter your postcode and answer questions about your current energy use to receive a quote
- Confirm the switch and enter your meter ID/serial numbers (find these on an old bill)
- £50 credit is applied to your account after your first direct debit is taken (typically within 2 weeks)
Requirements
- Must sign up via a the 'Get This Offer' button
- Must have a smart meter, standard meter, or economy 7 meter
- Must switch your gas and/or electricity supply to Octopus
- Available to residential customers in the UK
Important Terms
- The £50 is applied as bill credit, not cash
- No exit fees — you can switch away at any time
- The switch typically takes 2-3 weeks to complete
- Octopus handles the entire switching process
- £50 is credited after your first direct debit is taken
Tips
- Enter your actual energy usage from an old bill (not estimated ranges) to keep direct debit payments accurate
- You can reduce your monthly direct debit in your online account if payments seem too high
- You don't need to contact your current supplier — Octopus handles everything
- Smart meter customers can claim a free weekly coffee (Caffe Nero or Greggs)
- Octopus also offers EV tariffs and smart export tariffs for solar panels
Frequently Asked Questions
This page may contain affiliate links. If you sign up through our link, we may earn a small commission at no extra cost to you. We only recommend offers we genuinely believe are worthwhile.
Estimated Reward
£50 credit
Trustpilot
Similar Offers
Revolut
Revolut - £20 Free (Sziget Festival 2026)
Sign up to Revolut, spend £1, and receive a free £20 reward - available to new customers until 31 December 2026.
InvestEngine
InvestEngine - Free £20 – £200 Bonus for Investing £100
Deposit & invest £100+ to receive a random bonus of £20 - £100
Trading212
Trading212 - Free Share Worth Up to £100
Sign up, deposit £1, receive a free share worth up to £100