OctoTariffs

Tariff overview

Octopus Flexible tariff rates

The default variable tariff, tracking the price cap

Current product version

VAR-22-11-01
Used for the rates shown on this page.
Also on this product:gasEconomy 7

Current regional picture

Compare all 14 regions

Official GSP boundaries, shaded by the current all-day unit rate.

View exact rates as a table
Current unit rate by region
RegionCurrent unit rate
Eastern Englandnot available
East Midlandsnot available
Londonnot available
Merseyside and North Walesnot available
West Midlandsnot available
North East Englandnot available
North West Englandnot available
Southern Englandnot available
South East Englandnot available
South Walesnot available
South West Englandnot available
Yorkshirenot available
Southern Scotlandnot available
Northern Scotlandnot available

Long-term context

The last 48 months across Great Britain

Flexible Octopus monthly rates averaged across the regions of Great BritainFlexible Octopus monthly rates averaged across the regions of Great Britain from Nov 2022 to Oct 2026. Ranges from 21.59p to 52.51p per kWh. Most recent period Oct 2026: 27.06p per kWh.21.59p29.32p37.05p44.78p52.51pNov 2022Nov 23Oct 24Oct 25Oct 202627.06p latest

Explore the chart. Hover, focus or select any point to see its exact values.

Points are interactive: hover, focus or select one for exact values. The line is the plain average of the regional monthly means — all 14 regions, in every month — and the shaded band runs from the cheapest of those regions to the dearest in that month. So the band is the spread BETWEEN regions, not the spread within a month — a regional page’s chart shows the latter. Nobody pays the line; it describes the country rather than a bill.

About Flexible Octopus

Simple, straightforward electricity pricing: one rate all day, no contract, no complexity. Unlike time-of-use tariffs, Flexible Octopus charges the same rate whether you use electricity at 3am or 3pm, so there is no peak or off-peak to track and bills stay predictable. As a standard variable tariff, Flexible Octopus is subject to Ofgem's price cap, which means your rates can't exceed the maximum set by the regulator. Rates are reviewed quarterly, you get advance notice of changes, and there are no fixed terms or exit fees.

Before you switch

Is Flexible Octopus a fit?

A quick suitability check before you compare the live price with your own home and usage.

Reviewed 24 August 2026

Essentials

You need

  • A compatible electricity meter and a currently available product version for your region.

Best fit

Works best if

  • You value a simpler rate structure over active half-hourly scheduling.

Check carefully

Watch out for

  • Standing charges, eligibility, product versions and future rates can change the outcome.

Pairing

Compatible export choices

  • Check the current Octopus smart-tariff terms before pairing any export product.

Make the final check

How to verify or switch

  1. Check the exact tariff name, product version, regional quote, eligibility and current terms with Octopus Energy.
  2. Use OctoTariffs history and calculators as evidence, not as a supplier quote or guarantee of future cost.
EvidenceEligibility and tariff sourcesShow sources

Source details

Good to know

Questions, answered

What is Flexible Octopus?
Flexible Octopus is Octopus Energy's standard variable rate tariff. Unlike Agile or Go, you pay the same rate all day regardless of when you use electricity. Rates are reviewed and may change quarterly.
How often do Flexible Octopus rates change?
Flexible Octopus rates are typically reviewed quarterly (every 3 months) and may change in line with wholesale energy costs and the Ofgem price cap. You'll always be notified before any rate changes.
Is there a contract with Flexible Octopus?
No, Flexible Octopus has no fixed term contract. You can switch to another tariff or supplier at any time without exit fees.
Do I need a smart meter for Flexible Octopus?
No, Flexible Octopus works with any meter type: standard, prepayment, or smart. However, having a smart meter gives you access to more accurate billing and usage insights.
How does Flexible compare to Agile?
Flexible offers simplicity: one rate all day, predictable bills. Agile offers potential savings but requires actively shifting usage to cheaper periods. Flexible is better if you can't or don't want to change when you use electricity.
Is Flexible Octopus subject to the price cap?
Yes, Flexible Octopus rates are subject to Ofgem's energy price cap, which limits what suppliers can charge for standard variable tariffs. This provides protection against extreme price increases.