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

A UK-focused guide to every current version of Octopus 12M Fixed May 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 May 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
Get your energy quote 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.

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

Octopus 12M Fixed May 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.

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 May 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 May 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

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Octopus 12M Fixed May 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 May 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 22.852p/kWh under the Dual Fuel / Monthly Direct Debit / standard-rate option group. Rates range up to 24.906p/kWh across regions for this group. A postcode-level quote is needed to estimate your annual cost.

Octopus 12M Fixed May 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 22.852 – 24.906 12 months £50.00 View regional prices
Dual Fuel Monthly Direct Debit Yes 14 27.385 – 29.871 12 months £50.00 View regional prices
Electricity Monthly Direct Debit No 14 22.852 – 24.906 12 months £50.00 View regional prices
Electricity Monthly Direct Debit Yes 14 27.385 – 29.871 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.

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 22.852 48.81 6.351 28.69 12 months £50.00 Switch to this tariff
Eastern England 23.979 47.98 6.324 28.61 12 months £50.00 Switch to this tariff
Merseyside & North Wales 24.873 69.67 6.647 29.34 12 months £50.00 Switch to this tariff
North East England 22.865 59.59 6.441 29.06 12 months £50.00 Switch to this tariff
North Scotland 23.560 57.02 6.405 29.14 12 months £50.00 Switch to this tariff
North West England 23.465 47.08 6.429 29.08 12 months £50.00 Switch to this tariff
South East England 23.304 44.29 6.744 29.47 12 months £50.00 Switch to this tariff
South East England 24.906 47.32 6.575 28.53 12 months £50.00 Switch to this tariff
South England 23.960 44.35 6.723 28.42 12 months £50.00 Switch to this tariff
South Scotland 24.187 56.28 6.405 29.16 12 months £50.00 Switch to this tariff
South Wales 24.103 51.42 6.620 29.21 12 months £50.00 Switch to this tariff
South West England 24.175 53.76 6.708 28.58 12 months £50.00 Switch to this tariff
West Midlands 23.253 52.73 6.442 28.97 12 months £50.00 Switch to this tariff
Yorkshire 23.107 58.37 6.531 29.04 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 27.385 12.207 48.32 6.351 28.69 12 months £50.00 Switch to this tariff
Eastern England 28.907 12.125 48.39 6.324 28.61 12 months £50.00 Switch to this tariff
Merseyside & North Wales 29.655 12.919 69.03 6.647 29.34 12 months £50.00 Switch to this tariff
North East England 27.492 11.922 58.90 6.441 29.06 12 months £50.00 Switch to this tariff
North Scotland 28.713 12.708 57.73 6.405 29.14 12 months £50.00 Switch to this tariff
North West England 27.671 11.846 46.37 6.429 29.08 12 months £50.00 Switch to this tariff
South East England 28.282 11.949 43.86 6.744 29.47 12 months £50.00 Switch to this tariff
South East England 29.871 12.645 47.76 6.575 28.53 12 months £50.00 Switch to this tariff
South England 28.953 12.045 44.51 6.723 28.42 12 months £50.00 Switch to this tariff
South Scotland 29.019 13.528 57.28 6.405 29.16 12 months £50.00 Switch to this tariff
South Wales 28.825 12.453 50.48 6.620 29.21 12 months £50.00 Switch to this tariff
South West England 29.103 12.193 54.39 6.708 28.58 12 months £50.00 Switch to this tariff
West Midlands 27.812 12.349 52.49 6.442 28.97 12 months £50.00 Switch to this tariff
Yorkshire 27.539 12.717 57.84 6.531 29.04 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 22.852 48.81 12 months £50.00 Switch to this tariff
Eastern England 23.979 47.98 12 months £50.00 Switch to this tariff
Merseyside & North Wales 24.873 69.67 12 months £50.00 Switch to this tariff
North East England 22.865 59.59 12 months £50.00 Switch to this tariff
North Scotland 23.560 57.02 12 months £50.00 Switch to this tariff
North West England 23.465 47.08 12 months £50.00 Switch to this tariff
South East England 23.304 44.29 12 months £50.00 Switch to this tariff
South East England 24.906 47.32 12 months £50.00 Switch to this tariff
South England 23.960 44.35 12 months £50.00 Switch to this tariff
South Scotland 24.187 56.28 12 months £50.00 Switch to this tariff
South Wales 24.103 51.42 12 months £50.00 Switch to this tariff
South West England 24.175 53.76 12 months £50.00 Switch to this tariff
West Midlands 23.253 52.73 12 months £50.00 Switch to this tariff
Yorkshire 23.107 58.37 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 27.385 12.207 48.32 12 months £50.00 Switch to this tariff
Eastern England 28.907 12.125 48.39 12 months £50.00 Switch to this tariff
Merseyside & North Wales 29.655 12.919 69.03 12 months £50.00 Switch to this tariff
North East England 27.492 11.922 58.90 12 months £50.00 Switch to this tariff
North Scotland 28.713 12.708 57.73 12 months £50.00 Switch to this tariff
North West England 27.671 11.846 46.37 12 months £50.00 Switch to this tariff
South East England 28.282 11.949 43.86 12 months £50.00 Switch to this tariff
South East England 29.871 12.645 47.76 12 months £50.00 Switch to this tariff
South England 28.953 12.045 44.51 12 months £50.00 Switch to this tariff
South Scotland 29.019 13.528 57.28 12 months £50.00 Switch to this tariff
South Wales 28.825 12.453 50.48 12 months £50.00 Switch to this tariff
South West England 29.103 12.193 54.39 12 months £50.00 Switch to this tariff
West Midlands 27.812 12.349 52.49 12 months £50.00 Switch to this tariff
Yorkshire 27.539 12.717 57.84 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 May 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 May 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 May 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 May 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 May 2026 v2
Regions shown
13
Page type
Canonical tariff family page

How we assess Octopus 12M Fixed May 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 May 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 20 May 2026