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Chronicle Live
Chronicle Live
National
Catherine Furze

Octopus Energy is first supplier to offer tariff under price cap

Customers of Octopus Energy will be able to save a few pounds when the new energy price cap kicks in on April 1.

Although the loyalty tariff is only £50 a year lower, Octopus is currently the only provider offering to undercut the cap.

Every Octopus customer - existing or new - on a Standard Variable Tariff will get £2 off the price cap, so they'll pay an average of £1,969 a year rather than the £1,971 that's to come.

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