Estimated costs are informational. Provider rates and plan terms may change. Confirm current details directly with the provider.
Before you switch to Octopus Energy
- Company
- Octopus Energy LLC (PUCT certificate #10262), per its Electricity Facts Label.
- Phone
- 1-833-628-6888 (enrollment line, as listed on Power to Choose; checked November 15, 2026). TrueBill can't take enrollments or account questions.
- How to switch
- Sign up with Octopus Energy directly; it arranges the switch, and your current plan ends when the new service starts. Check your current plan's early termination fee first: Texas rules waive it in the last 14 days of a contract and when you move. Your local delivery utility keeps delivering your power either way.
Publicly listed residential plans with valid pricing data, from the state plan feed. Plan data updated November 15, 2026. Confirm current rates with the provider before enrolling.
Octopus Energy is a Houston-based Texas retail brand of the Octopus Energy group, which says it was founded in the UK in 2016 and entered the U.S. market in 2020. Its Texas plans are sold by Octopus Energy LLC. The catalog has typically been built on fixed-rate plans with no base charge, which Octopus markets as 100% renewable.
TrueBill Energy is an independent comparison site and is not affiliated with or endorsed by Octopus Energy. TrueBill Energy does not currently receive compensation from retail electric providers. If referral or affiliate compensation is introduced in the future, it will be clearly disclosed and will never affect plan rankings. See how we make money.
Current Octopus Energy Plans (5)
Every publicly listed Octopus Energy residential plan in our data, with EFL average prices at the three standard usage levels. Plan data updated November 15, 2026.
PUCT complaint score
1/5 - Highest complaint rate (older report). Report 2026-09; 2026-03-01 to 2026-08-31.
Size-adjusted complaint activity; 5 means the lowest complaint rate. This is not a finding that complaints were upheld, a power-reliability score, or PUCT endorsement. It does not affect price ranking.
Official PUCT report (latest publication)| Plan | Term | Type | 500 kWh | 1,000 kWh | 2,000 kWh | Notes |
|---|---|---|---|---|---|---|
| Octo Simple 3 | 3 mo | Fixed | 9.5–17.2¢ | 9.7–16.9¢ | 9.8–16.6¢ | $150 cancel fee |
| Octo Simple 6 | 6 mo | Fixed | 10.3–17.6¢ | 10.5–17.3¢ | 10.5–17.2¢ | $150 cancel fee |
| Octo Simple 12 | 12 mo | Fixed | 11.1–17.8¢ | 11.2–17.5¢ | 11.3–17.4¢ | $150 cancel fee |
| Octo Simple 14 | 14 mo | Fixed | 11.1–18.3¢ | 11.3–18.0¢ | 11.4–17.9¢ | $200 cancel fee |
| Octo Simple 18 | 18 mo | Fixed | 12.9–18.6¢ | 13.0–18.3¢ | 13.1–18.2¢ | $200 cancel fee |
EFL average prices in cents/kWh, including delivery charges. Ranges reflect different delivery (TDSP) territories. Where a Octopus Energy plan is listed without pricing, our review of its pricing formula isn't complete and we don't estimate it. Confirm current rates and terms with the provider before enrolling.
Average prices hide plan-structure differences — a bill-credit plan and a flat-rate plan can share a 1,000 kWh price and behave very differently at your usage. The compare tool estimates every plan at your actual monthly kWh.
Octopus Energy vs. the cheapest plan in each delivery area
Octopus Energy's best showing at 1,000 kWh is Octo Simple 3, #8 of 121 plans in CenterPoint territory and about $41 a month more than the cheapest plan there. Of its 5 plans in our data, 0 use a bill credit, which applies only inside the usage range its EFL sets, and 0 charge a minimum-usage fee below a usage floor. Cancellation fees we have reviewed are listed below; check the EFL for the rest.
| Delivery area | Octopus Energy's best plan | Est. bill | Rank | Cheapest plan there | Est. bill |
|---|---|---|---|---|---|
| AEP Texas Central | Octo Simple 3 | $97/mo | 9 of 116 | Simple Saver 3 (AP GAS & ELECTRIC (TX) LLC) | $57/mo |
| AEP Texas North | Octo Simple 3 | $142/mo | 85 of 118 | SimpleSaver 12 (AP GAS & ELECTRIC (TX) LLC) | $60/mo |
| CenterPoint | Octo Simple 3 | $103/mo | 8 of 121 | Simple Saver 3 (AP GAS & ELECTRIC (TX) LLC) | $62/mo |
| Oncor | Octo Simple 3 | $112/mo | 16 of 124 | Simple Saver 3 (AP GAS & ELECTRIC (TX) LLC) | $62/mo |
| TNMP | Octo Simple 3 | $169/mo | 104 of 122 | Simple Saver 3 (AP GAS & ELECTRIC (TX) LLC) | $80/mo |
Early Termination Fees
We have verified the cancellation fee for 5 of 5 listed Octopus Energy plans: $150 flat; $200 flat. Some fees are flat; others are charged per month remaining on the contract, which changes the math substantially. The exact amount and structure are stated in each plan's EFL and Terms of Service — confirm there before enrolling. Moving to a new address generally lets you exit a Texas contract without a fee when you provide proof of the move.
Plan Structures Octopus Energy Offers
In today's listings: 5 Octopus Energy plans are publicly listed in our data right now — all fixed-rate with no bill credits or time-of-use windows.
Octopus's catalog has typically centered on Octo Simple plans: one fixed energy rate and no base charge, so the average price moves little between 500 and 2,000 kWh. The same plan name has been offered at many term lengths, and some versions have been listed as Octo Green. Two other structures have appeared: Octopus Flex, a 12-month seasonal peak/off-peak plan, and Octopus Lite 12, a bill-credit plan we tracked from May to early August 2026. Use the live table to see which structures are listed now, then read that version's EFL.
Contract Options
In today's listings: Contract lengths listed right now: 3, 6, 12, 14, and 18 months.
Octopus has listed a wide spread of fixed terms: 3, 5, 6, 8, 9, 10, 12, 14, 18 and 24 months across the plan history we've tracked, with the shorter terms rotating in and out. Its cancellation fees have been flat amounts tied to the term rather than charges per remaining month — typically $150 for terms up to 12 months, $200 for 14 and 18 months, and $250 for 24 months.
Does Octopus Energy Use Bill Credits?
In today's listings: No bill-credit plans appear in Octopus Energy's listings right now.
Bill credits have been rare in Octopus's catalog. The exception we've tracked was Octopus Lite 12, seen from May to early August 2026, which advertised a $125 credit in months with 1,000 kWh or more; one Oncor version listed 22.7¢ per kWh at 500 kWh against 9.8¢ at 1,000 kWh. Octo Simple and Octopus Flex versions have not carried usage credits or minimum-usage fees. If a credit plan returns, model the months your usage would fall below the threshold.
How bill credits work, with a worked example from today's plans
Free Nights & Time-of-Use
In today's listings: No free-period or time-of-use plans appear in Octopus Energy's listings right now.
Octopus has not listed a free-nights plan in the public feed we track. Its time-of-use plan has been Octopus Flex: a 12-month fixed plan with peak (6 a.m.–10 p.m.) and off-peak (10 p.m.–6 a.m.) rates in two seasons. Off-peak has not always been cheaper: some versions, including TNMP in July 2026 and Oncor from late October 2026, priced it above peak in the March–May and September–November season. Octopus also markets Intelligent Octopus, a smart-device feature for thermostats, EV chargers and home batteries; it has not appeared as its own plan in the listings we track.
Renewable Positioning
Octopus markets its Texas electricity as "100% green energy" and says all of its plans come from renewable sources at no extra cost. The EFL we read for one of its fixed plans stated "This product is 100% renewable." Octopus also markets solar buyback; that EFL said it buys excess distributed renewable generation "at the Real Time Settlement Price Point." Check the renewable-content line on the specific plan's EFL; renewable marketing does not mean a home receives power through a separate grid.
What to Check Before Picking a Octopus Energy Plan
Some Octopus Flex versions have priced the 10 p.m.–6 a.m. rate above the daytime rate in the spring and fall season. Read all four seasonal rates on the EFL before moving usage to nighttime.
Octopus has listed 3-, 5- and 6-month fixed plans. A short term can end in a high-price month; note the expiration date and check the Terms of Service for what happens when the term ends.
Octopus's cancellation fees have been flat amounts ($150, $200 or $250 by term length) rather than a charge per remaining month. On a three- or six-month term, $150 is a large cost relative to the months left.
Octo Simple has been listed at as many as ten term lengths, with prices that differ by term and delivery area and that Octopus has revised often. Compare by term and EFL version, not by plan name.
Who Octopus Energy May & May Not Fit
- Households that want a flat rate with no base charge or usage credit, so low-usage months aren't penalized
- Shoppers who want a short fixed term and will track its end date
- Homes with heavy overnight use that confirm on the specific EFL that Octopus Flex's off-peak rates are below its peak rates
- Households expecting free nights: Octopus Flex has had discounted, not free, off-peak hours, and not in every version
- Shoppers looking for a bill-credit plan; Octopus has rarely listed one
- Anyone likely to leave a short-term contract early, since the flat fee doesn't shrink with the months remaining
Based on the plans available in our data today — provider catalogs change. Rank plans by estimated cost at your usage rather than by brand.
Where Octopus Energy Plans Are Listed
Octopus Energy's current listings appear in 5 deregulated delivery territories. Your delivery utility (TDSP) is fixed by your address and charges the same regulated delivery rates no matter which provider you pick — TrueBill includes them in every estimate.
Frequently Asked Questions About Octopus Energy
What is Octopus Energy's cancellation fee?
How does the Octopus Flex plan work?
Are Octopus Energy plans 100% renewable?
Where does Octopus Energy offer plans in Texas?
Is 833-628-6888 Octopus Energy's number?
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Estimated costs are informational. Provider rates and plan terms may change. Confirm current details directly with the provider.