Octopus Energy Refer a Friend Code – 2026

Getting a £50 Octopus Energy referral code

Octopus Energy runs one of the most popular refer-a-friend schemes in the UK energy market. While many suppliers stopped offering sign-up bonuses during the recent energy crisis, Octopus kept its scheme open. If you use a referral link from an existing customer to switch your gas or electricity, you get a £50 credit added to your new account. The person who shared the link with you also gets £50.

The scheme is open to mostly everyone switching a residential supply, including people on prepayment meters and those moving into a new home. Octopus Energy has grown to become the UK's largest energy supplier, serving over 8 million customers across the country. It is known for its customer service and its range of smart tariffs, which can help households cut their bills if they shift their energy use to cheaper times of the day.

How to use an Octopus refer-a-friend link

Claiming the referral bonus is straightforward, but you need to follow the right steps to make sure the system tracks your switch. You cannot just type a code in at the end of the process. Instead, you need to use a specific web link provided by an existing customer.

If you signed up directly through the Octopus website and forgot to use a referral link, you can sometimes add it later. You need to log in to your online account within a few weeks of your switch starting. Look for a pink box or a link in your account settings that says 'Forgot to use a referral code?' and paste the code in there. This usually works better on a desktop computer than on the mobile app.

Who is eligible for the £50 bonus?

Most households can claim the referral credit, but there are a few rules about who qualifies. The main rule is that you must be a new customer switching a residential property to Octopus Energy.

There is no specific staff discount for NHS workers or Blue Light Card holders. However, anyone can use a standard refer-a-friend link, which often provides better value than a standard percentage discount anyway.

Higher rewards for businesses and smart technology

The standard £50 offer applies to normal home energy switches. If you are signing up a business or installing low-carbon technology, Octopus offers higher reward amounts.

For business and charity accounts, the reward is £75 for both parties. Referring a business works in the same way as referring a home: share your personal referral link, and the £75 credit is added when the business completes its switch.

Octopus also runs a separate referral scheme for smart home technology. If an existing customer has had a heat pump or solar panels installed by Octopus, they can refer friends for the same service. If you use their link to get a heat pump or solar system installed, you and the person who referred you each receive a digital £100 gift voucher after the installation is complete. This scheme has become very popular recently, driven by the government's Boiler Upgrade Scheme, which currently offers a £7,500 grant towards the cost of air and ground-source heat pumps.

Choosing the right Octopus tariff and current energy costs

When you use a referral link, you are not tied to one specific tariff. The £50 bonus applies whether you choose a standard variable tariff, a fixed deal, or one of Octopus's specialist smart tariffs. To give you an idea of current costs, the Ofgem price cap for the period from July to September 2026 is £1,663 a year for a typical dual-fuel household paying by Direct Debit.^[1]

Your actual bills will depend on how much energy you use and where you live. Recent changes to the way bills are calculated have altered how we pay for energy. From April 2026, government measures removed around £150 a year of policy costs from the typical domestic energy bill. This was an overall bill saving rather than a saving solely on fixed charges. The costs for the Warm Home Discount were also moved from the standing charge to the unit rate. Looking ahead, the government is setting up a new Bill Discount Scheme for early 2027, which will offer discounts of up to £250 a year to households living near new clean electricity infrastructure.

When you sign up, you can choose from several tariffs. Octopus supplies 100% zero-carbon electricity as standard across all its deals.

Octoplus rewards and extra perks

One of the main reasons people switch to Octopus is to get access to its rewards programme, called Octoplus. It is free to join, but you must have electricity supplied by Octopus, a working smart meter sending half-hourly readings and an active Direct Debit to take part. Once you sign up, you earn points which you can turn into account credit or use for high-street perks.^[1]

As well as this, Octopus runs a 'Wheel of Fortune' game. Eligible Octoplus members can spin the Wheel of Fortune to earn Octopoints. Every spin wins at least 8 points, with a chance to win up to 800,000 points (£1,000). While you will not win every time, it is a good incentive to keep your meter readings up to date if you do not have a smart meter sending them automatically.

If you drive an electric car, being an Octopus customer also gives you access to the Electroverse. This is a single card and app that works across dozens of different public charging networks. Instead of downloading a new app for every charging station you visit, you tap the Electroverse card. The cost of the charge is added straight to your home energy bill, and Octopus customers often get a discount of 5% to 8% on the standard public charging rate.

What happens when you switch?

Switching energy suppliers is much faster than it used to be. Thanks to Ofgem's Faster Switching rules, transferring your supply to Octopus now typically takes around three to five working days. The process is entirely administrative, meaning nobody needs to visit your home to change any equipment.

A common worry is that you might lose your gas or electricity supply during the switch. This does not happen. Your energy supply remains completely continuous because the physical pipes and cables outside your house do not change. The only thing that changes is which company bills you for the energy you use.

Octopus Energy manages the whole switch in the background. They will contact your old supplier to tell them you are leaving, so you do not need to make any awkward phone calls. Once the switch is complete, your old supplier will send you a final bill, and Octopus will start taking your new Direct Debit. If you ever decide to leave Octopus in the future, they generally do not charge exit fees on their standard tariffs, giving you the freedom to move if you find a better deal.

Final thoughts on the Octopus referral scheme