UK non-domestic supplier profile

Octopus Energy for Business business energy supplier profile

Octopus Energy for Business is Octopus Energy’s business supply arm for SMEs and larger commercial customers, offering electricity and gas with a focus on direct sales, renewable power, smart products, and portfolio management for multi-site customers.

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Some entries on this profile rely on third-party sources and may have changed. Always confirm rates and contract terms with the supplier directly before relying on them.

Last updated 16 May 2026 · Talk to our team on 0161 521 3400

Snapshot, in plain English

Is Octopus Energy for Business right for your business?

Early-stage or restructured

Licensed for 22 years, accounts currently overdue. Sizing not yet independently researched. Strong recommendation to use Companies House Quick Look below before signing any contract above SME single-site scale.

Risk band reasoning: Statutory accounts are overdue at Companies House.

22 yrs tradingRisk band: ConcernLast accounts filed 2024-04-29Next accounts due 2025-04-29Status: Active

Your business	Fit	Why
Single site SME	Fit	Often the segment these suppliers target.
Multi-site SME	Possible	Check multi-site billing capability and credit limits.
I&C £250k to £1m spend	Not suited	Counterparty failure risk too high for this commitment size.
I&C above £1m spend	Not suited	Not viable at this scale.

Verify on Companies House (free public record)

Quick facts

Trading name	Octopus Energy for Business
Licence holders (3)	OCTOPUS ENERGY OPERATIONS 2 LTD.Gas + Elec Co. 05070887 OCTOPUS ENERGY OPERATIONS LTD.Gas + Elec Co. 14415312 OCTOPUS ENERGY TRADING LTD.Electricity Co. 09263368
Supplies	Gas and Electricity
Website	octopus.energy
Business phone	0808 164 1088
Email / contact	business@octopus.energy Contact page
Rate status	Quote required

Company data

Live data on the licence-holding companies behind Octopus Energy for Business, compiled by Purely Energy's independent research team and refreshed monthly.

Independent research on Octopus Energy for Businesshasn't been published yet. Our monthly refresh will publish it at the next run.

Octopus Energy for Business out-of-contract and deemed rates

Not publicly published / quote required

Octopus Energy for Business published rate page

If you are on deemed, default, rollover, variable, or Out-of-contract rates, ask for a written renewal quote and compare it against live market prices before agreeing a new contract.

Where your p/kWh actually goes

Indicative split for a UK I&C electricity bill in 2026, sourced from Cornwall Insight's non-commodity cost research. Your meter, region and contract type shift the exact mix, but the four components are always present.

Wholesale energy, 38%Gas or power bought on the wholesale market. The figure most coverage focuses on.
Non-commodity costs, 53%Network charges (DUoS, TNUoS), policy levies (RO, FiT, CfD, Capacity Market), CCL and balancing costs.
Supplier margin, 6%What the supplier earns. Always priced into the unit rate.
Broker margin, 3%What we earn for tendering and managing the contract. Shown separately on every Purely Energy quote.

Who Octopus Energy for Business may suit

Good fit for UK SMEs through to larger commercial users seeking direct supply, renewable electricity, and account management across multiple sites; published business materials also reference half-hourly and non-half-hourly customers.

Trading name and licence-holder notes

The licence-holder for Company No. 05070887 appears in Ofgem’s licence lists as Octopus Energy Operations 2 Ltd, but Octopus’s business terms pages route deemed/out-of-contract pricing and supply terms through Octopus Energy Limited / Octopus Energy for Business rather than a separate consumer-facing brand for this company number. I did not find a public business-facing page that uses 'Octopus Energy Operations 2 Ltd' as the trading name.

Switching from Octopus Energy for Business to a fixed business contract

UK businesses can switch gas and electricity supply away from Octopus Energy for Business once their fixed contract ends, or after resolving any open objection or termination-window issue. The process is the same for every supplier on the non-domestic market, but a few checks done in the right order make the transfer materially faster.

1. Find your contract end date. It's on your last renewal letter or the most recent bill from Octopus Energy for Business. Most non-domestic contracts have a 1 to 6 month termination window before that date, outside of which you may auto-roll onto a new fixed term.
2. Get your MPAN and MPRN ready. The 21-digit MPAN (electricity) and 6 to 10-digit MPRN (gas) uniquely identify each meter and are needed for any competing quote. Both appear on your bill.
3. Compare against the live market. Octopus Energy for Business doesn't publish standard out-of-contract rates, so request a written renewal quote first and benchmark it against live market prices before agreeing anything. Purely Energy can run your meters against the wider UK panel and come back with the cheapest fixed offers.
4. Settle the final bill and clear any objections. Octopus Energy for Business will issue a final bill within 6 weeks of supply transferring. If a balance is outstanding, they can object to the switch under industry rules, so clear it before the transfer date to avoid a hold.
5. Sign the new contract. Once the new supplier has your MPAN/MPRN and signed contract, the transfer typically completes within 4 to 8 weeks. There is no break in supply, you simply receive your first bill from the new supplier.

Need help with any of these steps? Our team handles the paperwork end-to-end as part of every quote.

Need help comparing Octopus Energy for Business?

Purely Energy can check your current rates, compare renewal options across gas and electricity suppliers, and review whether switching could reduce your business energy costs.

Get a bespoke quote

FAQs

Who supplies energy under the Octopus Energy for Business brand?+

Octopus Energy for Business is the customer-facing trading name for a group of related Ofgem licences held by OCTOPUS ENERGY OPERATIONS 2 LTD., OCTOPUS ENERGY OPERATIONS LTD. and OCTOPUS ENERGY TRADING LTD.. Multiple licence holders is normal for larger UK energy groups and reflects how the supply business is structured for regulatory and operational reasons.

What is the Octopus Energy for Business business contact number?+

Octopus Energy for Business can be reached on 0808 164 1088 or by email at business@octopus.energy. The official contact page is https://octopus.energy/business/.

Does Octopus Energy for Business publish out-of-contract rates?+

Octopus Energy for Business does not appear to publish a standard deemed or out-of-contract rate online. Business customers should request a written renewal quote in advance of their contract end date and compare it against live market prices.

Can I switch away from Octopus Energy for Business?+

In most cases, businesses can switch gas and electricity supply away from Octopus Energy for Business at the end of a fixed-term contract or after resolving any objections, debt, termination-window, or meter-data issues. The safest route is to check your contract terms, final bill position, and renewal dates before starting a transfer.

How long does it take to switch from Octopus Energy for Business?+

Once a new supplier has the meter point details (MPAN/MPRN) and a signed contract, a non-domestic switch typically completes within 4 to 8 weeks. Supply does not break: the new supplier takes over billing on the transfer date.

Is Octopus Energy for Business a UK-licensed supplier?+

Yes. Octopus Energy for Business is on the Ofgem non-domestic licensee register for both gas and electricity. Ofgem maintains the official register at ofgem.gov.uk.

What are out-of-contract business energy rates?+

Out-of-contract rates are the prices a business pays when no fixed-term contract is in place with its supplier. They can be materially higher than negotiated contract rates, so businesses should check their contract end date and renewal window before they expire.

Other UK gas and electricity suppliers

Compare Octopus Energy for Business against these other UK non-domestic gas and electricity licensees on the same directory.

Or browse the full UK business energy supplier directory.

Sources

Public data this profile is built from. Always verify rate and contract details on the supplier's own website before relying on them.