Into the Octo-verse

Get the inside scoop on energy, technology, and all things Octopus.

The SunPedal Ride ends its US Tour in Houston, Texas! 

Danielle Dowler,
Content Strategist
Octopus Energy Events Renewable Energy

The SunPedal Ride ends its US Tour in Houston, Texas! 

From Our CEO

Fossil fuels are not as reliable as you think. (And why renewables are the answer.)

As Texans, often we hear that our energy grid is unstable, especially during extreme temperatures. And policymakers are quick to call for more fossil fuel power plants as the solution. However, time and time again we see fossil fuels as the cause of the problem, directly causing grid…

Index prices are under threat in Texas — here’s why they’re worth saving

Right now, California regulators are enabling real-time index rates — rates where consumers choose to pay the wholesale price of energy rather than a standard overall monthly price — as part of their  efforts to ensure grid reliability after 2020 blackouts hit parts…

MyOcto: A Plan That’s Personalized Just For You

We’re always trying to think about ways we can better serve our customers. As a forward-thinking company, we spend a lot of our time tracking the latest technology and figuring out ways to incorporate those features into our products. Here’s the result of one of our latest brainstorming…

Texas vs. UK Energy Market Crisis

2021 has been a tough year for the traditional energy industry. Here in the US, Texas experienced an historic winter storm this past February that resulted in a near-statewide grid blackout. With record cold temperatures blanketing the state, natural gas lines froze and prevented the transmission of natural gas to…

Why don’t Texans deserve energy price transparency?

They do. Here’s why: Texas energy consumers deserve transparency regarding their energy bills; a rather simple and direct ask of energy suppliers in the state. However, there are large discrepancies between notification requirements when it comes to variable versus fixed-rate energy products. Often, consumers are presented with variable rates that…

Everything you need to know about OctoFlex

In June, we sent out an email about OctoFlex, HB16, and the future of wholesale energy. In case you missed it, House Bill 16 — the bill that bans residential index wholesale energy pricing — has unfortunately passed and has been signed by Governor Abbott. As of September 1st, 2021,…

Brilliant Energy Customers, Welcome to Octopus Energy!

Last Update: 06/09/21 Octopus Energy now owns the residential contract for electricity that you previously held with Brilliant Energy. This transition from Brilliant Energy to Octopus Energy was approved by the Bankruptcy Courts on May 5, 2021. You may have received a notice in the mail from ERCOT alerting you…

Octopus Energy is a Certified B Corp!

We’re thrilled to announce that Octopus Energy, through our parent company Octopus Group, is a certified B Corporation (or B Corp)! B Corporations are profit-making companies certified to meet very high standards of social and environmental performance, accountability, and transparency. With this recognition, Octopus joins a growing group of companies…

HB16: Texas To Ban Residential Wholesale Energy

As of March 08, 2021, Texas lawmakers have introduced a bill to the State Affairs committee of the Texas House demanding a ban on wholesale pass-through rates to residential customers.  The bill only targets “wholesale indexed products.” It does not address the very real concerns that led to the…

Octopus Energy: We’re Built to Last

Over the past few weeks we’ve seen a number of our competitors close their doors due to the Texas Energy Crisis. ERCOT has stated that energy providers who have declared bankruptcy as a result of the crisis owe almost $291 billion, collectively. Although we’re fresh on the scene, we…

Octopus Energy US and the Texas Energy Crisis

Welcome to Octopus Energy US, we’re excited to be here and have you as our customer in our mission to provide the world with greener, cheaper energy while demonstrating superior customer service. While this is our official introduction to you, given the events of last week, we’d like to first…