Octopus Energy's referral scheme is one of the most generous in the UK energy market. When you switch to Octopus using a referral link from an existing customer, both you and the person who referred you receive £50 credit. Here's everything you need to know about how it works.
What is an Octopus Energy Referral Code?
Although commonly called a "referral code," Octopus Energy actually uses referral links rather than codes you type in. Each Octopus customer receives a unique URL that they can share with friends, family, or online.
When someone clicks your referral link and successfully switches to Octopus, the system automatically tracks the referral - you don't need to enter any codes manually during signup.
How Does the Octopus Referral Scheme Work?
Step 1: Click a Referral Link
Find a referral link from an existing Octopus customer (like mine below). When you click it, you'll be taken to the Octopus Energy website with the referral automatically tracked in the background.
Step 2: Complete Your Switch
Follow the standard switching process by entering your details, choosing your tariff, and completing your application. You don't need to remember any codes or tick any boxes - the referral is already linked to your application.
Step 3: Wait for Your Switch to Complete
Your switch typically takes 21 days. During this time, Octopus handles all communication with your old supplier.
Step 4: Receive Your £50 Credit
Within 4-6 weeks after your switch completes, £50 credit is automatically added to your Octopus account. This credit reduces your energy bills going forward.
Get £50 Off Your Energy Bills Today
Use my personal Octopus Energy referral link and we both receive £50 credit.
Get £50 Credit →Who Can Use an Octopus Referral Link?
The referral scheme is available to:
- New customers switching from another supplier
- New customers moving into a property for the first time
- Customers with both electricity and gas or just one fuel type
- Properties with any meter type (smart meters, Economy 7, standard)
- Renters (if you pay the bills directly)
- You're already an Octopus customer (existing customers can't re-refer themselves)
- You've previously been an Octopus customer (the scheme is for new customers only)
When Do I Get My £50 Credit?
The timeline for receiving your referral credit:
| Timeline | What Happens |
|---|---|
| Day 0 | You click referral link and complete application |
| Day 1-21 | Your switch processes (Octopus manages everything) |
| Day 21 | Switch completes, you're now an Octopus customer |
| Week 4-6 | £50 credit appears in your account automatically |
You'll receive an email notification when the credit is applied. The credit automatically reduces your future energy bills - you don't need to do anything.
How is the £50 Credit Applied?
The referral credit works as account credit that reduces your bills:
- Applied as a one-time £50 credit to your account balance
- Automatically deducted from future bills
- Works with any tariff (Flexible, Tracker, Fixed, Agile, etc.)
- Visible in your online account and Octopus app
- Cannot be withdrawn as cash - it's purely for reducing energy costs
Example:
The £50 credit is added to your account balance. If you pay by Direct Debit:
- Your account shows: £50 credit applied
- Fixed Direct Debit: You still pay your usual monthly amount, but the credit reduces your overall balance
- Variable Direct Debit: Your payment adjusts to reflect the credit
- Result: The £50 reduces what you owe over time, not necessarily in one month
Think of it like store credit - it sits on your account and reduces your overall energy debt.
Can I Refer Multiple People?
Yes! Once you're an Octopus customer, you receive your own unique referral link that you can share with anyone. There's no limit to how many people you can refer.
Where Can I Share My Octopus Referral Link?
Once you're a customer, you can share your referral link:
- With friends and family directly
- On social media (Twitter, Facebook, Reddit)
- In community groups or forums
- On your own website or blog
- Via email or messaging apps
What If My Referral Credit Doesn't Appear?
If you used a referral link but haven't received credit after 6 weeks:
- Check your account: Log into your Octopus online account or app to see if credit is showing
- Check your email: Octopus sends a notification when credit is applied
- Wait a bit longer: It can take up to 8 weeks in some cases
- Contact Octopus Energy support: Email them with your account number and the referral link you used
Octopus customer service is excellent and will investigate any missing credits. Most issues are resolved within a few days.
Octopus Referral vs Other Energy Suppliers
How does Octopus's referral scheme compare?
| Supplier | Referral Bonus |
|---|---|
| Octopus Energy | £50 for you + £50 for referrer |
| British Gas | No referral scheme |
| EDF Energy | No referral scheme |
| E.ON | Varies (typically £25-50) |
| OVO Energy | £50 for you + £50 for referrer |
Common Questions About Octopus Referral Codes
Do I need to enter a code during signup?
No. Simply click the referral link before starting your application. The referral is tracked automatically - there's no code to type in.
Can I use multiple referral links?
No. You can only benefit from one referral link per switch. Using multiple links won't increase your credit.
Does the referral affect my tariff price?
No. Using a referral link doesn't change your tariff pricing. You pay the same rates as any customer would for that tariff.
Can I combine referral credit with other offers?
Yes. Referral credit can be combined with any promotional tariff rates or other Octopus offers.
What happens if my switch fails?
If your switch doesn't complete (for example, if you cancel), neither you nor the referrer receives credit. The referral only pays out when a switch successfully completes.
Is the Octopus Referral Scheme Worth It?
Absolutely. The £50 credit is genuine money off your energy bills with zero downsides:
- No extra cost to you
- No commitment required beyond standard switch
- No effect on your tariff pricing
- Automatically applied - no forms or claims
Whether you're switching to Octopus for their award-winning service, renewable energy, or competitive pricing, you might as well get £50 credit at the same time by using a referral link.
Ready to Save £50?
Join over 6 million households with Octopus Energy. Use my referral link to get your £50 credit.
Start Your Switch →Final Thoughts
Octopus Energy's referral scheme is straightforward and generous. Unlike complicated cashback schemes or promotional offers with hidden terms, this is simply £50 credit applied to your account when you switch using someone's referral link.
The scheme benefits both parties equally, costs nothing extra, and requires no additional steps beyond clicking the referral link before you start your application. If you're planning to switch to Octopus anyway, using a referral link is an easy way to reduce your first few months of energy bills.