Octopus Energy referral: £50 each, or £75 for a business

A household referral normally shares £100: £50 for the new customer and £50 for the referrer. The business scheme shares £150: £75 each. Use the correct home or business quote journey for the premises you are switching.

The credit is not a bank transfer, and the full shared total is not the new customer’s individual reward. Check the split displayed in the quote before continuing.

Further reading: Octopus: referral questions and answers ; Octopus: referring a business

Have a recent bill and your actual annual usage ready. Compare unit rates, standing charges, the length of any fixed term and exit fees. A low monthly Direct Debit can reflect an estimate rather than a lower tariff.

For illustration, a £50 welcome credit would not offset an extra £8 a month over a full year: that would be £96 in additional cost. These figures are fictional and are not a quotation from Octopus. Compare the actual prices for your premises.

Start from the Octopus referral button on this page, then check the referral credit appears in the quote or confirmation. Keep the quote, the referral confirmation and your expected supply start date together.

If the referral is missing, resolve it with Octopus before proceeding on the assumption that it will be added later. A quote obtained through a different comparison or signup route may not carry this referral.

Further reading: Octopus: referral questions and answers

Octopus’s referral guidance ties the reward to the new customer coming on supply and the first successful monthly Direct Debit. A submitted quote or signup alone does not establish that the credit has been earned.

Existing customers and some returning customers are excluded under the programme terms. If you have recently been supplied by Octopus, confirm eligibility directly before switching for a reward.

Further reading: Octopus: referral questions and answers ; Octopus: terms and referral eligibility

Confirm who is responsible for the premises’ energy contract and who can authorise the switch. Keep the current contract end date, notice requirements and any termination charge in the comparison.

Record whether quoted amounts include VAT and whether your comparison uses the same annual consumption. Keep the referral credit separate from the recurring operating cost.

Tristan receives the other £50 for a qualifying household referral, or £75 for a qualifying business referral, as energy account credit. This is a paid referral relationship. No completed switch or received reward is claimed here.