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Octopus 12M Fixed July 2026 v2 by Octopus Energy: regional prices, payment types, fuel options & Economy 7

A UK-focused guide to every version (now closed to new customers) of Octopus 12M Fixed July 2026 v2 from Octopus Energy, including Dual Fuel, Electricity options, payment methods such as Monthly Direct Debit, Economy 7 and standard-rate versions and pricing across 13 PES regions.

  • See the main Octopus 12M Fixed July 2026 v2 option groups in one place
  • Check region-by-region unit rates and standing charges for your exact service type, payment method and meter setup
  • Compare this tariff fairly with the wider market using your postcode and usage
Switch to Octopus Energy — check your price See all Octopus Energy tariffs

Unit rates and standing charges vary by region, meter type, service type and payment method. A postcode-level quote is still the fairest comparison.

Octopus 12M Fixed July 2026 v2 is no longer open to new customers. If you're already on it, the details below still apply — to switch, compare Octopus Energy's current tariffs and the wider market.

See current Octopus Energy tariffs →

Fast answer: what most people should know about Octopus 12M Fixed July 2026 v2

Octopus 12M Fixed July 2026 v2 is best treated as a single tariff family page because the same tariff name can appear across multiple service types, payment methods, Economy 7 settings and 14 PES regions. The best version for you depends on your postcode, meter setup and how you actually pay for energy.

What our price data says: Octopus 12M Fixed July 2026 v2 is closed to new customers: a fixed tariff for 12 months, exit fee £50 per fuel. Against the Ofgem cap for 1 October to 31 December 2026 its electricity unit rate is below the cap in every region (by 1.87 to 2.64p/kWh) and its standing charge is below the cap in every region (by 3.40 to 3.61p a day). In London the unit rate is 23.96p against a 26.60p cap and the standing charge 39.52p a day against 42.92p; a home at Ofgem typical use (2,500 kWh of electricity and 9,500 kWh of gas a year, Direct Debit) could pay about £1,512 a year on this tariff against £1,706 at the cap (−£194), standing charges included. See every region

Editor's rule of thumb: compare only like-for-like. If you are on Direct Debit, compare Direct Debit. If you need Economy 7, compare Economy 7. If you want dual fuel, do not compare it against an electricity-only row and assume the result is equivalent.

Key takeaways

  • Service types: Dual Fuel, Electricity
  • Payment methods: Monthly Direct Debit
  • Regions covered: 13 PES regions
  • Economy 7: available on at least one option group
  • Exit fee: up to £50.00 per fuel

What to have ready

  • Your postcode for regional pricing
  • Your meter type, including Economy 7 if relevant
  • Your annual usage or a recent bill
  • Your preferred payment method
  • Whether you need electricity-only, gas-only or dual fuel

If you're in a hurry

Use a whole-of-market quote first, then check the exact row in the regional tables below that matches your setup.

Compare prices with your postcode

Compare Octopus 12M Fixed July 2026 v2 with the wider market

This tariff can look different depending on region, service type, payment method and Economy 7 status. That means the fairest comparison is always postcode-based and like-for-like.

Good to know: a tariff that looks cheapest in one PES region may not be cheapest in another. Use your postcode rather than relying on a headline national figure.

What happens after you compare?

  1. We estimate annual costs using your postcode, meter type and payment method.
  2. You can compare that result with the relevant Octopus 12M Fixed July 2026 v2 option group on this page.
  3. If you proceed, choose the exact regional row that matches your setup before switching.

Always review tariff facts and contract terms before you complete a switch.

Get your whole-of-market quote

Tell us a few details to see estimated prices, including Octopus Energy tariffs where available for your postcode, meter and payment method.

Start your comparison

By submitting, you confirm this is for a UK home energy comparison. We’ll use your details to provide quotes and contact you about your comparison. You can opt out at any time.

Octopus 12M Fixed July 2026 v2 option groups explained

To keep this page useful and SEO-friendly, we group the underlying records by service type, payment method and Economy 7. Inside each group, you can then see the regional prices across the PES areas we hold.

Fuel / service types

Current records show these service types for Octopus 12M Fixed July 2026 v2: Dual Fuel, Electricity.

  • Dual fuel can be convenient but is not always cheapest.
  • Single-fuel options may suit households comparing separate suppliers.

Payment types

Current payment methods listed include Monthly Direct Debit.

  • Always compare the same payment method.
  • Direct Debit, bill payment and prepayment can produce different annual costs.

Regional prices

This page includes regional records across 13 PES regions, because energy prices are not the same everywhere in Great Britain.

  • Use postcode-based quotes for the most accurate comparison.
  • Unit rates and standing charges vary by region and are shown in the tables below.

Internal links for this tariff cluster

Read our Octopus Energy supplier guide, browse all Octopus Energy tariffs, or compare broader categories such as Economy 7, dual fuel and Direct Debit tariffs.

Lowest electricity unit rate shown

The lowest electricity unit rate currently shown is 23.092p/kWh under the Dual Fuel / Monthly Direct Debit / standard-rate option group. Rates range up to 25.636p/kWh across regions for this group. A postcode-level quote is needed to estimate your annual cost.

Octopus 12M Fixed July 2026 v2 comparison table (grouped by option type)

This summary table groups the tariff by the differences that matter most: service type, payment method and Economy 7. Each row then links to a regional breakdown so you can see all PES-region unit rates and standing charges.

Service type Payment method Economy 7 Regions Elec rate range (p/kWh) Contract Exit fee (per fuel) Details
Dual Fuel Monthly Direct Debit No 14 23.092 – 25.636 12 months £50.00 View regional prices
Dual Fuel Monthly Direct Debit Yes 14 27.745 – 30.491 12 months £50.00 View regional prices
Electricity Monthly Direct Debit No 14 23.092 – 25.636 12 months £50.00 View regional prices
Electricity Monthly Direct Debit Yes 14 27.745 – 30.491 12 months £50.00 View regional prices

Decision checklist

  • Pick the right fuel/service type first.
  • Keep the payment method the same across comparisons.
  • Only choose an Economy 7 row if your meter and usage pattern suit it.
  • Use your postcode to sense-check the regional prices.

Why regional rows matter

  • Standing charges and unit rates vary by PES region.
  • A tariff that looks cheap nationally may be less competitive in your area.
  • Regional differences can materially change annual cost estimates.

Octopus 12M Fixed July 2026 v2 against the Ofgem price cap, 1 October to 31 December 2026

Octopus 12M Fixed July 2026 v2 is closed to new customers: a fixed tariff for 12 months, exit fee £50 per fuel. Against the Ofgem cap for 1 October to 31 December 2026 its electricity unit rate is below the cap in every region (by 1.87 to 2.64p/kWh) and its standing charge is below the cap in every region (by 3.40 to 3.61p a day). In London the unit rate is 23.96p against a 26.60p cap and the standing charge 39.52p a day against 42.92p; a home at Ofgem typical use (2,500 kWh of electricity and 9,500 kWh of gas a year, Direct Debit) could pay about £1,512 a year on this tariff against £1,706 at the cap (−£194), standing charges included.

Electricity unit rate, p/kWh and standing charge, p/day for each region against the Ofgem capElectricity unit rate, p/kWhStanding charge, p/daythis tariffOfgem cap22232425262728293540455055606570East MidlandsEast Midlands: 23.09p/kWh vs cap 25.36p (−2.27p)−2.27pEast Midlands: standing charge 47.92p/day vs cap 51.45p (−3.53p/day, −£13 a year)−3.53pYorkshireYorkshire: 23.27p/kWh vs cap 25.60p (−2.33p)−2.33pYorkshire: standing charge 58.18p/day vs cap 61.67p (−3.49p/day, −£13 a year)−3.49pWest MidlandsWest Midlands: 23.30p/kWh vs cap 25.60p (−2.30p)−2.30pWest Midlands: standing charge 53.74p/day vs cap 57.23p (−3.49p/day, −£13 a year)−3.49pNorth EastNorth East: 23.34p/kWh vs cap 25.46p (−2.12p)−2.12pNorth East: standing charge 58.10p/day vs cap 61.58p (−3.48p/day, −£13 a year)−3.48pLondonLondon: 23.96p/kWh vs cap 26.60p (−2.64p)−2.64pLondon: standing charge 39.52p/day vs cap 42.92p (−3.40p/day, −£12 a year)−3.40pSouth ScotlandSouth Scotland: 23.99p/kWh vs cap 26.11p (−2.12p)−2.12pSouth Scotland: standing charge 57.99p/day vs cap 61.41p (−3.42p/day, −£12 a year)−3.42pSouthernSouthern: 24.15p/kWh vs cap 26.47p (−2.32p)−2.32pSouthern: standing charge 44.20p/day vs cap 47.81p (−3.61p/day, −£13 a year)−3.61pEasternEastern: 24.22p/kWh vs cap 26.61p (−2.39p)−2.39pEastern: standing charge 48.24p/day vs cap 51.84p (−3.60p/day, −£13 a year)−3.60pSouth WalesSouth Wales: 24.34p/kWh vs cap 26.55p (−2.21p)−2.21pSouth Wales: standing charge 51.96p/day vs cap 55.41p (−3.45p/day, −£13 a year)−3.45pSouth WestSouth West: 24.47p/kWh vs cap 26.58p (−2.11p)−2.11pSouth West: standing charge 52.00p/day vs cap 55.58p (−3.58p/day, −£13 a year)−3.58pNorth ScotlandNorth Scotland: 24.48p/kWh vs cap 26.35p (−1.87p)−1.87pNorth Scotland: standing charge 51.67p/day vs cap 55.14p (−3.47p/day, −£13 a year)−3.47pNorth WestNorth West: 24.49p/kWh vs cap 26.49p (−2.00p)−2.00pNorth West: standing charge 42.21p/day vs cap 45.68p (−3.47p/day, −£13 a year)−3.47pSouth EastSouth East: 24.49p/kWh vs cap 26.88p (−2.39p)−2.39pSouth East: standing charge 48.72p/day vs cap 52.32p (−3.60p/day, −£13 a year)−3.60pMerseyside & N WalesMerseyside & N Wales: 25.64p/kWh vs cap 27.86p (−2.22p)−2.22pMerseyside & N Wales: standing charge 64.26p/day vs cap 67.66p (−3.40p/day, −£12 a year)−3.40p
RegionElec p/kWhCap p/kWhStanding p/dayCap p/dayStanding £/monthGas p/kWhGas capGas standing p/day£/yr typicalCap £/yrvs cap
East Midlands23.0925.3647.9251.4514.586.567.8228.641,4801,672−£192
Yorkshire23.2725.6058.1861.6717.706.747.9028.981,5401,724−£184
West Midlands23.3025.6053.7457.2316.356.647.9028.921,5151,708−£193
North Eastern England23.3425.4658.1061.5817.676.667.9229.011,5341,722−£188
London23.9626.6039.5242.9212.026.978.1529.381,5121,706−£194
Southern Scotland23.9926.1157.9961.4117.646.627.8729.101,5461,734−£187
Southern England24.1526.4744.2047.8113.456.958.1728.391,5291,719−£190
Eastern England24.2226.6148.2451.8414.676.557.9128.571,5081,713−£205
Southern Wales24.3426.5551.9655.4115.806.868.0929.161,5561,744−£188
South Western England24.4726.5852.0055.5815.826.938.1228.541,5641,746−£182
Northern Scotland24.4826.3551.6755.1415.726.627.8729.081,5351,717−£181
North Western England24.4926.4942.2145.6812.846.637.8629.031,5021,684−£182
South Eastern England24.4926.8848.7252.3214.826.818.0528.491,5411,735−£194
Merseyside and Northern Wales25.6427.8664.2667.6619.556.877.9129.281,6351,805−£170
Source: this tariff's newest published rates in our tariff feed (snapshot 29 Jul 2026; electricity without VAT (zero-rated 1 Oct 2026 to 31 Mar 2027); gas including 5% VAT; Monthly Direct Debit, single-rate meter). Cap: Ofgem's regional price cap, 1 October to 31 December 2026, Direct Debit, single-rate, as published (https://www.ofgem.gov.uk/your-energy-supply/your-energy-bill/energy-price-cap-unit-rates-and-standing-charges). Annual figures are modelled at Ofgem typical use (2,500 kWh of electricity and 9,500 kWh of gas a year, Direct Debit), standing charges included, before any discounts or credits; what you pay depends on your usage and meter.

Octopus 12M Fixed versions

Octopus 12M Fixed July 2026 v2 was on sale from 14 Jul 2026 to 29 Jul 2026 in our snapshots; it launched on 9 Jul 2026 at 23.96p/kWh and 39.52p a day in London (Direct Debit, dual fuel, single rate). This family has 56 versions in our history since 3 Jan 2025. The version on sale now is Octopus 12M Fixed October 2026 v4 (from 10 Oct 2026): 29.07p/kWh and 41.39p a day in London, exit fee £50 per fuel.

Source: our insert-only tariff history since 21 Mar 2026 (launch date = the version's published valid-from date; electricity without VAT (zero-rated 1 Oct 2026 to 31 Mar 2027)).

Octopus 12M Fixed July 2026 v2 on an Economy 7 meter

Economy 7 version in London: 28.96p/kWh by day and 12.23p/kWh in the seven off-peak hours, which are set by your meter and network operator, not by the tariff; standing charge 39.11p a day. It costs less than this tariff's single-rate version (23.96p/kWh, 39.52p a day) once at least 30% of your electricity is used off-peak, modelled at 2,500 kWh a year; at 50% off-peak the Economy 7 version is −£86 a year.

Source: this tariff's newest two-rate and single-rate rows in our tariff feed (snapshot 29 Jul 2026; electricity without VAT (zero-rated 1 Oct 2026 to 31 Mar 2027); Monthly Direct Debit). Modelled from the rates with standing charges included; no off-peak clock times are stored for Economy 7, which depend on your meter.

Dual Fuel, Monthly Direct Debit, standard-rate: regional prices

Unit rates are shown in pence per kWh (p/kWh). Standing charges are shown in pence per day (p/day), calculated from the yearly figures. Use the row that matches your location when you switch.

PES region Elec rate (p/kWh) Elec standing (p/day) Gas rate (p/kWh) Gas standing (p/day) Contract Exit fee (per fuel) Switch
East Midlands 23.092 47.92 6.558 28.64 12 months £50.00 Switch to this tariff
Eastern England 24.220 48.24 6.545 28.57 12 months £50.00 Switch to this tariff
Merseyside & North Wales 25.636 64.26 6.868 29.28 12 months £50.00 Switch to this tariff
North East England 23.340 58.10 6.661 29.01 12 months £50.00 Switch to this tariff
North Scotland 24.476 51.67 6.618 29.08 12 months £50.00 Switch to this tariff
North West England 24.486 42.21 6.631 29.03 12 months £50.00 Switch to this tariff
South East England 24.486 48.72 6.807 28.49 12 months £50.00 Switch to this tariff
South East England 23.955 39.52 6.968 29.38 12 months £50.00 Switch to this tariff
South England 24.153 44.20 6.949 28.39 12 months £50.00 Switch to this tariff
South Scotland 23.987 57.99 6.619 29.10 12 months £50.00 Switch to this tariff
South Wales 24.340 51.96 6.855 29.16 12 months £50.00 Switch to this tariff
South West England 24.468 52.00 6.930 28.54 12 months £50.00 Switch to this tariff
West Midlands 23.297 53.74 6.643 28.92 12 months £50.00 Switch to this tariff
Yorkshire 23.266 58.18 6.738 28.98 12 months £50.00 Switch to this tariff

Dual Fuel, Monthly Direct Debit, Economy 7: regional prices

Unit rates are shown in pence per kWh (p/kWh). Standing charges are shown in pence per day (p/day), calculated from the yearly figures. Use the row that matches your location when you switch.

PES region Elec rate (p/kWh) E7 off-peak (p/kWh) Elec standing (p/day) Gas rate (p/kWh) Gas standing (p/day) Contract Exit fee (per fuel) Switch
East Midlands 27.745 12.368 47.39 6.558 28.64 12 months £50.00 Switch to this tariff
Eastern England 29.300 12.291 48.44 6.545 28.57 12 months £50.00 Switch to this tariff
Merseyside & North Wales 30.491 13.283 63.48 6.868 29.28 12 months £50.00 Switch to this tariff
North East England 28.099 12.185 57.33 6.661 29.01 12 months £50.00 Switch to this tariff
North Scotland 29.583 13.094 52.29 6.618 29.08 12 months £50.00 Switch to this tariff
North West England 28.769 12.317 41.53 6.631 29.03 12 months £50.00 Switch to this tariff
South East England 29.481 12.480 48.99 6.807 28.49 12 months £50.00 Switch to this tariff
South East England 28.955 12.234 39.11 6.968 29.38 12 months £50.00 Switch to this tariff
South England 29.234 12.162 44.17 6.949 28.39 12 months £50.00 Switch to this tariff
South Scotland 28.958 13.500 58.48 6.619 29.10 12 months £50.00 Switch to this tariff
South Wales 29.247 12.635 50.99 6.855 29.16 12 months £50.00 Switch to this tariff
South West England 29.458 12.342 52.37 6.930 28.54 12 months £50.00 Switch to this tariff
West Midlands 28.028 12.445 53.35 6.643 28.92 12 months £50.00 Switch to this tariff
Yorkshire 27.814 12.843 57.53 6.738 28.98 12 months £50.00 Switch to this tariff

Electricity, Monthly Direct Debit, standard-rate: regional prices

Unit rates are shown in pence per kWh (p/kWh). Standing charges are shown in pence per day (p/day), calculated from the yearly figures. Use the row that matches your location when you switch.

PES region Elec rate (p/kWh) Elec standing (p/day) Contract Exit fee (per fuel) Switch
East Midlands 23.092 47.92 12 months £50.00 Switch to this tariff
Eastern England 24.220 48.24 12 months £50.00 Switch to this tariff
Merseyside & North Wales 25.636 64.26 12 months £50.00 Switch to this tariff
North East England 23.340 58.10 12 months £50.00 Switch to this tariff
North Scotland 24.476 51.67 12 months £50.00 Switch to this tariff
North West England 24.486 42.21 12 months £50.00 Switch to this tariff
South East England 24.486 48.72 12 months £50.00 Switch to this tariff
South East England 23.955 39.52 12 months £50.00 Switch to this tariff
South England 24.153 44.20 12 months £50.00 Switch to this tariff
South Scotland 23.987 57.99 12 months £50.00 Switch to this tariff
South Wales 24.340 51.96 12 months £50.00 Switch to this tariff
South West England 24.468 52.00 12 months £50.00 Switch to this tariff
West Midlands 23.297 53.74 12 months £50.00 Switch to this tariff
Yorkshire 23.266 58.18 12 months £50.00 Switch to this tariff

Electricity, Monthly Direct Debit, Economy 7: regional prices

Unit rates are shown in pence per kWh (p/kWh). Standing charges are shown in pence per day (p/day), calculated from the yearly figures. Use the row that matches your location when you switch.

PES region Elec rate (p/kWh) E7 off-peak (p/kWh) Elec standing (p/day) Contract Exit fee (per fuel) Switch
East Midlands 27.745 12.368 47.39 12 months £50.00 Switch to this tariff
Eastern England 29.300 12.291 48.44 12 months £50.00 Switch to this tariff
Merseyside & North Wales 30.491 13.283 63.48 12 months £50.00 Switch to this tariff
North East England 28.099 12.185 57.33 12 months £50.00 Switch to this tariff
North Scotland 29.583 13.094 52.29 12 months £50.00 Switch to this tariff
North West England 28.769 12.317 41.53 12 months £50.00 Switch to this tariff
South East England 29.481 12.480 48.99 12 months £50.00 Switch to this tariff
South East England 28.955 12.234 39.11 12 months £50.00 Switch to this tariff
South England 29.234 12.162 44.17 12 months £50.00 Switch to this tariff
South Scotland 28.958 13.500 58.48 12 months £50.00 Switch to this tariff
South Wales 29.247 12.635 50.99 12 months £50.00 Switch to this tariff
South West England 29.458 12.342 52.37 12 months £50.00 Switch to this tariff
West Midlands 28.028 12.445 53.35 12 months £50.00 Switch to this tariff
Yorkshire 27.814 12.843 57.53 12 months £50.00 Switch to this tariff

Costs, exclusions and common pitfalls to check

Most mistakes happen when the wrong regional or payment-type version of the tariff is compared. Use these checks before switching.

1) Region matters

There are separate regional records because energy pricing differs across PES areas. Do not assume a headline price applies nationally.

2) Payment method affects price

Direct Debit, bill payment and prepayment variants can differ materially. Compare like-for-like only.

3) Economy 7 is usage-sensitive

Economy 7 can help if enough usage is overnight, but can cost more overall if most use is daytime.

4) Fuel bundle changes the comparison

Dual fuel should not be compared directly with electricity-only rows unless you normalise the usage assumptions.

5) Exit fees reduce flexibility

Records shown for this tariff include exit fees of up to £50.00 per fuel. Check the exact regional row before switching.

6) Postcode still beats region-only estimates

Region is useful for guidance, but a postcode-based quote is more precise because it reflects the actual tariff availability and pricing for your home.

Helpful shortcut: if you are not sure this is the right product family, compare all Octopus Energy tariffs before drilling into the regional tables.

Octopus 12M Fixed July 2026 v2: FAQs

Why are there so many records for the same tariff name?

Because the tariff can vary by service type, payment method, Economy 7 status and region. This page groups them together so you can compare them in one place.

Are prices for Octopus 12M Fixed July 2026 v2 the same in every region?

No. This page includes region-level records because unit rates and standing charges differ across PES regions. Your postcode is still the best way to confirm what you would actually pay.

Does Octopus 12M Fixed July 2026 v2 come with Economy 7?

Yes. At least one Economy 7 option group is currently listed on this page, with separate day and off-peak unit rates shown per region.

Can I get Octopus 12M Fixed July 2026 v2 as electricity-only, gas-only or dual fuel?

Current records show these service types: Dual Fuel, Electricity. Availability still depends on your home and supplier rules.

How do I switch to the exact regional option I want?

Use the grouped comparison table to find the right option type, then choose the regional row below it that matches your area and click the switch link.

Can I compare this with other tariffs from the same supplier?

Yes. Visit the Octopus Energy tariffs page to compare other current products from the same supplier.

Will switching affect my supply?

In normal circumstances, no. The switch is administrative and your supply continues while the new tariff is set up.

Trust, methodology and related pages

Page details

Supplier
Octopus Energy
Tariff family
Octopus 12M Fixed July 2026 v2
Regions shown
13
Page type
Canonical tariff family page

How we assess Octopus 12M Fixed July 2026 v2

  • Grouped tariff view: we group records with the same tariff name into one page to avoid duplicate pages and to make comparison easier.
  • Regional realism: we show multiple PES-region records because energy prices vary by area.
  • Like-for-like comparison: we encourage comparison using the same payment method, service type and meter assumptions wherever possible.
  • Rate transparency: we show actual unit rates (p/kWh) and standing charges (p/day) so you can estimate costs using your own usage figures.
  • Availability caveat: the exact tariff you can join may still depend on your postcode and supplier eligibility checks.

Explore more from Octopus Energy

We recommend checking the supplier's tariff information and product terms before you switch, as regional availability and rates can change quickly.

Ready to compare Octopus 12M Fixed July 2026 v2 with the market?

Get estimated prices using your postcode and meter details, then choose the exact regional tariff option that matches your home.

Get your energy quote See all Octopus Energy tariffs


Updated on 29 Jul 2026