Mike McDonnell
Business money

Octopus Energy Refer a Friend: £50 Each (August 2026)

By Mike McDonnell13 min readUpdated August 2026✓ Verified 19 Aug 2026

Ad/affiliate disclosure: this post contains affiliate links. If you sign up through one I may receive a referral payment, at no extra cost to you and with no reduction to any bonus. I only recommend products I have used myself.

What real Octopus Energy customers say
Octopus Energy refer a friend scheme explained: £50 credit each, verified August 2026

Verified August 2026 against Octopus's own referral pages. The refer a friend scheme pays £50 credit to both sides on home switches, £75 each for business or charity. The credit lands after the new customer's first direct debit clears, usually about four weeks in. There is no code to type: it all runs on personal links.

Switching and need a link? Mine is share.octopus.energy/ideal-spark-243, tested and working.

The Octopus Energy refer a friend scheme is the most generous mainstream energy referral in the UK, and also the most misunderstood. Half the pages ranking for it are anonymous one-page sites promising "£80" or "£100" that Octopus never pays. So here is how the scheme genuinely works, both sides of it, verified against Octopus's own help pages this month.

I have been an Octopus customer for years and readers of this site use my referral link most weeks, so I see both halves of the scheme in action: what the new customer gets, what the referrer gets, and exactly when the money shows up.

Which side are you on?

Two different people search this, and they need different answers. Find yourself here first.

You areWhat you needWhere to go
Already an Octopus customer, wanting to refer someoneYour personal link and how to share itHow to refer a friend, below
Not with Octopus yet, wanting the £50 for switchingSomeone's link, then a normal switchClaiming your £50, below

Both roles get paid the same amount on the same trigger, so nobody loses out by being one rather than the other.

How the scheme works in one table

DetailHomeBusiness / charity
New customer gets£50 credit£75 credit
Referrer gets£50 credit£75 credit
Triggered byFirst direct debit clearingFirst direct debit clearing
Typical waitAbout 4 weeks from joiningAbout 4 weeks from joining
Referral capNoneNone
Code needed?No, link onlyNo, link only

Two things people consistently get wrong:

  1. The switch itself does not trigger the payment. The £50s are released when the new customer's first direct debit clears. If your direct debit fails or you delay setting it up, the credit waits.
  2. It is a link, not a code. Octopus retired typed codes. Every customer gets a personal link like share.octopus.energy/word-word-number, and clicking it is what attaches the referral.

Referring or switching a business? The £75 tier has its own guide: Octopus business referral: £75 each.

If you are the friend: claiming your £50

You need a referral link from any existing Octopus customer. A mate, a colleague, or if nobody you know is with Octopus, you are welcome to use mine: share.octopus.energy/ideal-spark-243.

From there it is a normal switch. Enter your postcode, pick a tariff (standard Flexible, or smart tariffs like Agile and Intelligent Go if you have an EV or solar), set up the direct debit and let Octopus handle your old supplier. Supply never cuts out, the whole thing takes 2 to 3 weeks, and there are no exit fees if you later change your mind.

About four weeks after you join, £50 appears in your balance history as "+£50 from Octopus Energy" and comes straight off your next bill.

If you want the full step-by-step with tariff advice, that lives in my Octopus Energy referral code guide. This page is about how the scheme itself works; that one is where you grab the link and switch.

How to refer a friend to Octopus Energy (step by step)

This is the half of the scheme almost nobody writes about, because most pages ranking for it are trying to sign you up rather than help you refer someone. If you are already with Octopus, here is the whole process.

  1. Find your link. Log in to the app or the web dashboard and scroll a little way down the home screen. Your personal link is there in the share.octopus.energy/word-word-number format. You get one as soon as your own switch completes, even before your own joining credit has landed.
  2. Send it to the person switching. Message, email, group chat, whatever suits. There is no form to fill in on your side and nothing to register with Octopus first.
  3. Make sure they start from the link. This is the step that goes wrong. They need to click your link and begin their quote from there. Going to Octopus directly, or through a comparison site, means the referral never attaches and neither of you gets paid.
  4. Wait for their first direct debit. The payment clearing is what releases both credits, not the switch completing.
  5. Check your balance history. About four weeks after they joined, +£50 from Octopus Energy appears against your account and comes off your next bill.

Searching for this as "recommend a friend" or "introduce a friend" brings up the same thing. Octopus runs one scheme under one set of terms, so the wording you use to look for it makes no difference to what you are paid.

There is no cap. Every home switch through your link pays you £50, every business switch pays £75. The credits stack on your account and eat your winter bills. Octopus's one ask is that you share the link with people you genuinely know rather than blasting it at strangers, which is fair.

Practical ways people share it without being annoying: the family group chat when the price cap news lands, alongside a real recommendation when someone moans about their supplier, or on a personal website like this one with a plain declaration that it is a referral link. That last one is what I do, and I declare it every time.

How to check whether your referral has landed

There is no referral dashboard and no notification, which is why people assume something has gone wrong when nothing has. The only place a referral shows up is your balance history, and only once it has paid.

So the honest answer to "has it worked yet" is that you cannot tell until roughly four weeks after the person joined. Before then there is nothing to look at.

If you are past six weeks and still nothing, work through it in this order:

  1. Check they used the link. By far the most common cause. If they went direct or through a comparison site, the referral was never attached in the first place.
  2. Check their first direct debit cleared. A failed or delayed first payment holds both credits, and the credit follows as soon as the payment goes through.
  3. Then contact support with the date they joined and your link. Octopus will often sort it, including applying a referral that was missed at sign-up, but do it promptly rather than months later.

When the money lands (both sides)

The sequence is the same for referrer and friend:

  1. Friend completes the switch (2 to 3 weeks).
  2. Friend's first monthly direct debit clears.
  3. Within a few weeks of that, both accounts get the credit. In practice the full journey is about four weeks from sign-up, sometimes five or six if the switch dragged or the first payment date fell awkwardly.

You do not need to chase it. If it has been more than six weeks, check the friend's direct debit went through (a failed first payment is the number one cause of a "missing" referral), then message Octopus support with the date they joined.

What voids the £50 (the gotchas)

  • Comparison sites. Switch through a comparison site and the referral never attaches. Neither side gets paid. If you want the £50, go through the link directly.
  • No link at sign-up. Signing up direct without a referral pays nothing automatically. The fix: Octopus support will often apply a referral retrospectively if you contact them promptly with the referrer's details. Goodwill, not guarantee, so do it fast.
  • Failed first direct debit. The trigger event is the payment clearing, not the switch. Sort the payment, the credit follows.
  • Energy debt over £500. Octopus blocks switches while you owe your old supplier more than £500, which blocks the referral with it.
  • The smart-tech scheme is separate. Octopus runs a different referral for heat pumps, EV chargers and other smart-home kit. Amounts and rules differ; do not expect the £50 energy terms to apply there.

About those "£80" and "£100" referral sites

Search this topic and you will find anonymous sites advertising £80 or even £100 for switching to Octopus. Read the small print: Octopus pays £50 each for home referrals, no more. What these sites do is promise to send you £30 or £50 of their own referral earnings by PayPal after your switch completes.

Sometimes they pay. Often they do not, and because Octopus has nothing to do with that side arrangement, there is zero comeback when the money never arrives. You have handed a stranger your switch details for an IOU.

My advice: take the standard £50 through a link from a real, named person, whether that is someone you know or a site like this one where you can see exactly who runs it. If a deal on the referral itself sounds better than what Octopus officially pays, someone is making it up.

How I use the scheme myself

I switched my home to Octopus years ago, mostly for the app and the lack of exit fees, and the referral scheme has quietly become a proper little income stream on top. In the first week of August 2026 alone, nine readers switched through my link, which is £450 in energy credit. That is not a fluke week I have cherry-picked; it is what happens when you publish honest, specific answers about a scheme people are actively searching for.

The credits genuinely change the maths on my own energy costs. Winter bills that used to sting now get eaten by stacked £50s from the summer. If you have an Octopus account and a group chat, you are leaving money on the table by not sharing your link.

And the supplier itself holds up its end: 4.8 on Trustpilot across 830,000+ reviews, a top-five score in the Citizens Advice service table, and the app is the only energy app I have used that does not feel like punishment. No exit fees means the recommendation carries no risk for the person you refer, which is why the scheme converts so well in the first place.

If you want the detail behind that, my full Octopus Energy review covers two years of billing, the app, what customer service was like when I needed it, and who should not switch.

Frequently asked questions

Does Octopus still do refer a friend?

Yes. Live and unchanged as of August 2026: £50 each for home, £75 each for business and charity, no cap. Verified against Octopus's own referral help pages this month.

How do I refer a friend to Octopus Energy?

Send them your personal link and make sure they start their quote by clicking it. There is no form to submit on your side and nothing to register first. When their first direct debit clears, you both get £50.

Log in and scroll a little way down your account dashboard's home screen. Your personal share.octopus.energy link is there. Every customer gets one automatically once their switch completes.

Where do I find my Octopus referral code?

There is not one. Octopus retired typed codes, so what you are looking for is a link in the share.octopus.energy/word-word-number format. Anywhere offering you an Octopus "code" to type at sign-up has misunderstood the scheme.

Is recommend a friend the same as refer a friend?

Yes. Recommend a friend, introduce a friend and refer a friend all describe the one Octopus scheme on one set of terms. The phrasing you search with makes no difference to what you get paid.

How do I know if my referral worked?

You will not know until it pays. There is no referral dashboard and no notification, so the credit appearing in your balance history about four weeks after they joined is the confirmation.

When does the credit land?

About four weeks after the new customer joins, because it is triggered by their first direct debit clearing. It appears in the balance history as "+£50 from Octopus Energy".

Can the referral be added after signing up?

Octopus support will often apply it retrospectively if you ask promptly with the referrer's name or link. It is goodwill rather than a published right, so do not sit on it for months.

Is the £75 business referral per site or per business?

Per business or charity account that switches. Sole traders, limited companies and charities all qualify on Octopus business accounts. Full details on claiming it are in my Octopus business referral guide.

What is the free plush octopus about?

A real Octopus tradition: ask nicely in the app, by email or on social and they will often post you a plush octopus toy. It is a goodwill perk with no guaranteed trigger, and no, it does not replace the £50.

Ready to claim your £50?

If you are switching: use any existing customer's link, or mine, share.octopus.energy/ideal-spark-243. Enter your postcode, pick a tariff, set up the direct debit and the £50 arrives about four weeks later. Both of us get paid, and you land at a supplier with no exit fees, so there is nothing to regret if you ever want out.

If you are already with Octopus: go and dig your own link out of the dashboard and put it in the family group chat today. £50 per switch, no cap.

Start your switch and claim £50

If you are ready to make the switch, my how to switch to Octopus Energy guide walks through the process step by step, including tariff choice, what happens with your old supplier, and when to expect the £50 credit.

Energy credit is one lever; the same both-sides logic runs across other services too. The Monzo refer a friend scheme pays £50 on current accounts, my TopCashback referral guide covers cashback on the rest of your bills, and every code I track lives on the referral codes hub.

Mike McDonnell, Founder of Glide Marketing

Other referral codes worth using

Mike McDonnell

Mike McDonnell

Entrepreneur, author, and mental health advocate based in Great Notley, Braintree, Essex. I write about building businesses while managing bipolar disorder.

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