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Price Change Summary
Price Change Summary
Energy prices from July and what they mean for you
From July 1, your energy prices will reduce around 17% on average, because wholesale costs
between February and May dropped from their winter peak. A personalised breakdown of your
new prices is included with this letter.
This price drop (and future price forecasts) is already factored into our regular payment
checks, so it has been reducing your monthly payments for a while now. We won’t adjust your
payments right now, but we’ll continue to run our checks – if it looks like you could do with an
adjustment, we’ll send you a recommendation.
While the energy crisis has meant there hasn’t been much in the way of cheaper offers, it’s
always worth considering switching tariff or supplier. Energy analysts Cornwall Insights expect
energy prices to fall slightly (around 7%) in October. But of course that’s not a certainty, and
prices could go the other way.
If you simply can’t afford to risk prices rising again, we are offering fixed price tariffs to existing
customers – you can see more details, including a price comparison, alongside your prices. Drop
us an email to hello@octopus.energy if you'd like to make the switch. The fixed prices we can
offer change unpredictably and regularly – often daily – based on the latest wholesale costs.
We will continue providing real customer support to help where we can through lower prices
– we’re the only large supplier to continually charge less than the price cap throughout the crisis
– as well as our Octopus Assist fund. If you are struggling, you must get in touch – you can
apply or find out more about our support fund, standing charge help, electric blanket scheme
and energy helpers: https://octo.ps/crisis-support
Yours sincerely,
The Octopus Energy team
Octopus Energy Limited Registered Office Registered in England & Wales No. 09263424
W octopus.energy UK House, 5th floor, 164-182 Oxford Street, London, VAT Number: 358672751
W1D 1NN
E hello@octopus.energy
P 0333 344 2268
Electricity
Meter-point 1012754290745
Meter details
Property 42 Lower Park Crescent, Bishop'S Stortford, Hertfordshi…
MPAN 1012754290745
Current tariff name Flexible Octopus November 2022 v1
Current tariff code E-1R-VAR-22-11-01-A
Annual consumption 4,721.8 kWh
Current prices
until 30th June New prices
Electricity 2023 from 1st July 2023
Current prices
until 30th June New prices
Your estimated annual cost 2023 from 1st July 2023
Electricity is subject to 5% VAT. This is included in the prices listed here, and may mean charges are displayed differently on bills or statements.
Octopus Energy Limited Registered Office Registered in England & Wales No. 09263424
W octopus.energy UK House, 5th floor, 164-182 Oxford Street, London, VAT Number: 358672751
W1D 1NN
E hello@octopus.energy
P 0333 344 2268
Gas
Meter-point 3001089600
Meter details
Property 42 Lower Park Crescent, Bishop'S Stortford, Hertfordshire, CM23 3PT
MPRN 3001089600
Current tariff name Flexible Octopus November 2022 v1
Current tariff code G-1R-VAR-22-11-01-A
Annual consumption 9,165 kWh
Current prices
until 30th June Your prices
Gas 2023 from 1st July 2023
Current prices
until 30th June New prices
Your estimated annual cost 2023 from 1st July 2023
Gas is subject to 5% VAT. This is included in the prices listed here, and may mean charges are displayed differently on bills or statements.
Octopus Energy Limited Registered Office Registered in England & Wales No. 09263424
W octopus.energy UK House, 5th floor, 164-182 Oxford Street, London, VAT Number: 358672751
W1D 1NN
E hello@octopus.energy
P 0333 344 2268