Octopus Energy to pass Autumn Budget savings straight to customers – automatically

Octopus Energy today confirmed it will pass on the changes from the Autumn Budget 2025 to customers, cutting energy bills from 1st April 2026.

Octopus is the first major energy supplier to guarantee these reductions will be applied automatically across all existing and new fixed and variable tariffs – customers don’t need to lift a finger.

The Autumn Budget policy cuts will remove certain costs from energy bills from April 1st, reducing a typical yearly bill by around £134, relative to what they would otherwise be.

Octopus is calling on other energy suppliers to do the same and ensure that customers benefit transparently. The move is part of the company’s ongoing commitment to making energy simpler, fairer, and more affordable.

Greg Jackson, CEO and Founder of Octopus Energy, said: “Octopus has long called for cuts in policy costs to help bring bills down, so we are delighted to see the government taking action.

“These changes will bring a welcome relief to customers, and we’ll pass them through on all of our tariffs as soon as they kick in, so no one misses out.

“Octopus customers can rest easy – we’ll do it all automatically. We hope other suppliers will follow our lead so everyone can benefit.”

E.On and British Gas have agreed to do the same.

…curious to see how many other suppliers will follow

Hmm I had an email from them4 days ago stating otherwise. It said along the lines of gas prices will go down, but electricity will go up.

Octopus is the best provider I’ve been woth though.

Does this include Tracker? I think it qualifies as a ‘fixed’ tariff but the release doesn’t say so explicitly.