Octopus Energy Spain Review
Octopus Energy has rapidly become a favorite in Spain, known for its transparency, technology-driven approach, and market-leading solar compensation.
Not sure if the regulated market is right for you? Read our Regulated vs. Free Market comparison guide.
4.8/5
16,000+ reviews
2015
London, UK (Spain: Madrid)
100% Renewable
500,000+
Supplier Scorecard
Price Competitiveness
Solar Suitability
EV Suitability
Simplicity
Customer Service
Transparency
Octopus in Spain
Founded in the UK in 2015, Octopus entered the Spanish market by acquiring Umeme in 2021. They brought a fresh perspective to a market dominated by traditional giants.
Their proprietary technology platform, Kraken, allows them to offer innovative products like the 'Solar Wallet' and highly responsive customer service.
They are currently one of the fastest-growing providers in the country, with over 500,000 customers and a strong focus on community energy and solar.
Current Octopus Energy Tariffs
| Tariff Name | Type | P1 (€/kWh) | P2 | P3 | Potencia | EXTRAS |
|---|---|---|---|---|---|---|
Octopus Solar Stored rate valid from: Oct 17, 2026 · Data checked at: Oct 22, 2026, 08:32 PM GMT+2 For solar panel owners with export compensation | fixed | €0.2330 | €0.1770 | €0.1370 | €0.1200 | Excedentes: €0.035/kWh Batería Virtual |
Octopus 3 Stored rate valid from: Oct 20, 2026 · Data checked at: Oct 22, 2026, 08:32 PM GMT+2 3-period tariff with peak/off-peak savings | fixed | €0.1850 | €0.1340 | €0.1290 | €0.1200 | — |
Octopus Go Stored rate valid from: Oct 21, 2026 · Data checked at: Oct 22, 2026, 08:32 PM GMT+2 Smart EV charging for a compatible car or charger | fixed | €0.3920 | €0.3920 | €0.1190 | €0.1200 / €0.1000 | — |
Octopus Flexi Stored rate valid from: Oct 22, 2026 · Data checked at: Oct 22, 2026, 08:32 PM GMT+2 Indexed to wholesale market prices | indexed | €0.3170 | €0.2360 | €0.2200 | €0.0760 / €0.0020 | Excedentes: €0.035/kWh |
Octopus Relax Stored rate valid from: Oct 17, 2026 · Data checked at: Oct 22, 2026, 08:32 PM GMT+2 Fixed price 24h, stable rate around the clock | fixed | €0.1440 | €0.1290 | €0.1290 | €0.1200 | Excedentes: €0.010/kWh |
What customers think of Octopus
Octopus holds the highest rating in the Spanish energy sector. Customers consistently praise their easy-to-use app and the Solar Wallet system which can reduce bills to zero.
What we like
- Best choice for EV owners
- Excellent solar compensation
- Simple, no-BS billing
- Highly rated app
What to watch for
- Potencia rates are slightly higher than some peers
- Frequent but small rate adjustments
Who should avoid Octopus Energy?
"Octopus may not be ideal for users who prefer traditional paper-based communication or those who require a physical office presence for customer support."
Editor’s note: an honest assessment to help match the right tariff.
Frequently Asked Questions
What is the Octopus Solar Wallet?
Do they have a permanent contract?
What is Intelligent Octopus Go?
Compare Octopus Energy with other suppliers
Sign up with Octopus Energy
Referral link: You get the best rate, and we may receive a small commission at no extra cost to you.
Save on your Octopus Energy bill
Our AI analyzer compares your actual usage against these tariffs to find your maximum savings.
Analyze My Bill NowLooking for the best deal?
Compare this supplier with our regularly updated guide to electricity tariffs available in Spain.
See the best tariffs