Essentials
You need
- A compatible electricity meter and a currently available product version for your region.
The default variable tariff, tracking the price cap
Price now
26.88p
Typical
This tariff's rate does not change through the day, so there is no next rate, no cheapest and no dearest to show separately.
Also on this product: gas, Economy 7.
| From | To | p/kWh |
|---|---|---|
| 1 Oct 2026, 00:00 | now | 26.880 |
Explore the chart. Hover, focus or select any point to see its exact values.
Each month shows the version of Flexible Octopus you could actually have signed up to then, so the line follows the tariff through its successive versions rather than any one product code. Older versions carry on publishing rates for months after they stop selling; those are not averaged in, because nobody could buy them. Drawn from the stored daily rollups across every payment method the tariff publishes; where a tariff publishes more than one, the rates above show the direct-debit one and this line sits between them.
Explore daily and monthly prices for earlier years when you need them.
Over 12 complete months, this tariff came in under the Ofgem cap in 12 of them.
| Month | This tariff | Cap | Difference |
|---|---|---|---|
| October 2025 | £71.62 | £71.91 | −£0.30 |
| November 2025 | £69.31 | £69.59 | −£0.29 |
| December 2025 | £71.62 | £71.91 | −£0.30 |
| January 2026 | £74.69 | £75.11 | −£0.42 |
| February 2026 | £67.46 | £67.84 | −£0.38 |
| March 2026 | £74.69 | £75.11 | −£0.42 |
| April 2026 | £66.03 | £68.17 | −£2.14 |
| May 2026 | £68.23 | £70.44 | −£2.21 |
| June 2026 | £66.03 | £68.17 | −£2.14 |
| July 2026 | £72.48 | £73.50 | −£1.02 |
| August 2026 | £72.48 | £73.50 | −£1.02 |
| September 2026 | £70.14 | £71.13 | −£0.99 |
Both columns cost the same 2,500 kWh a year on the typical household consumption pattern, on a direct-debit basis — the basis the cap itself is set on. A negative difference means this tariff was cheaper. The cap is a cap on what you can be charged, not a price anyone is billed, so this compares this tariff against the maximum a capped tariff could have charged the same household.
Before you switch
A quick suitability check before you compare the live price with your own home and usage.
Reviewed 24 August 2026
Essentials
Best fit
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Pairing
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Current product version
VAR-22-11-01Regional tariff reference
E-1R-VAR-22-11-01-JSimple, 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.