Octopus Energy / Octopus Energy for Business business energy supplier profile
Octopus Energy for Business supplies UK electricity and gas with a direct-to-customer model, positioning itself around simple, transparent, zero-carbon business tariffs, award-winning service, and smart products for SMEs and larger commercial sites. Its business offering includes multi-site management, Shape Shifters, Electric Match, Wind Works, and export tariffs for customers generating their own power.
Last updated · Talk to our team on 0161 521 3400
Snapshot, in plain English
Is Octopus Energy / Octopus Energy for Business right for your business?
Licensed for 11 years with accounts currently filed. Sizing detail not yet independently researched, but the Companies House profile shows an established, active licensee suitable for single-site SME and mid-market multi-site contracts. Run standard counterparty due diligence before a 3-year commitment above £250k spend.
Risk band reasoning: Active, 11 years trading, accounts current.
| Your business | Fit | Why |
|---|---|---|
| Single site SME | Fit | Often competitive on single-site fixed rates. |
| Multi-site SME | Fit | Most mid-market suppliers handle multi-site billing. |
| I&C £250k to £1m spend | Possible | Check counterparty viability over a 3-year term. |
| I&C above £1m spend | Not suited | Below the scale threshold for I&C tenders. |
Quick facts
| Trading name | Octopus Energy / Octopus Energy for Business |
|---|---|
| Licence holder | |
| Supplies | Gas and Electricity |
| Website | octopus.energy |
| Business phone | 0808 164 1088 |
| Email / contact | business@octopus.energyContact page |
| Rate status | Quote required |
Company data
Live data on the licence-holding companies behind Octopus Energy / Octopus Energy for Business, compiled by Purely Energy's independent research team and refreshed monthly.
Octopus Energy / Octopus Energy for Business out-of-contract and deemed rates
Not publicly published / quote required
Octopus Energy / 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 / Octopus Energy for Business may suit
Best fit for SMEs, multi-site operators, and larger commercial businesses that want green energy, smart tariffs, and direct account management. The offering also suits businesses with on-site generation or flexible electricity usage, but published business pricing is limited and often quote-based.
Trading name and licence-holder notes
The licensed entity is Octopus Energy Limited, but customer-facing trading is under the Octopus Energy brand and Octopus Energy for Business. The company page and business join pages reference the same legal entity and company number 09263424.
Switching from Octopus Energy / Octopus Energy for Business to a fixed business contract
UK businesses can switch gas and electricity supply away from Octopus Energy / 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 / 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 / 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 / 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 / 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.
FAQs
Who supplies energy under the Octopus Energy / Octopus Energy for Business brand?+
The Ofgem non-domestic licence is held by OCTOPUS ENERGY LTD., ultimately part of Octopus Energy Limited (Company No. 09263424). The trading name on your bill or contract may differ from the licence holder, which is normal and reflects how UK energy is regulated.
What is the Octopus Energy / Octopus Energy for Business business contact number?+
Octopus Energy / 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 / Octopus Energy for Business publish out-of-contract rates?+
Octopus Energy / 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 / Octopus Energy for Business?+
In most cases, businesses can switch gas and electricity supply away from Octopus Energy / 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 / 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 / Octopus Energy for Business a UK-licensed supplier?+
Yes. Octopus Energy / 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 / Octopus Energy for Business against these other UK non-domestic gas and electricity licensees on the same directory.
- 100GreenGREEN ENERGY (UK) LTD.
- Axpo UKAXPO UK LTD.
- BGI Trading LimitedBGI TRADING LTD.
- BP Gas Marketing LtdBP GAS MARKETING LTD.
- Brook Green Trading LtdBROOK GREEN TRADING LTD.
- Coulomb Energy Supply LimitedCOULOMB ENERGY SUPPLY LTD.
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.