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Discover the Octopus Lite Plan

Learn more about the Octopus Lite plan features and prices from Octopus Energy.

Author: Allie Ogletree / Editor: Jamie Cesanek Updated: May 21, 2026

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Octopus Lite overview

The Octopus Lite plan is an affordable 12-month energy plan offered by Octopus Energy. This fixed-rate electricity plan contains 100% renewable energy, which means the energy you use will support renewable sources like wind and solar energy. On top of the consistent rate throughout the duration of your plan, the plan includes a $125 credit each month your usage passes 1,000 kilowatt-hours (kWh).

Plan

Average price
for 1,000 kWh

Contract
length

Monthly bill
estimate

Octopus Lite 9.2 cents/kWh 12 months $92

This electricity rate is accurate for the Houston-area ZIP code 77005 at the time of writing. Enter your ZIP code to find up-to-date pricing in your city.

Key features of the Octopus Lite plan

Here are the most important details about Octopus Lite to help you compare your options:

Energy plan features

Available or not

Required contract
Early termination fee (ETF)
Fixed rate
Variable rate
Cash-back rewards
Free usage period
Satisfaction guarantee
Bill credit
Potential upfront deposit
100% renewable

To learn more about the Octopus Lite plan, review the Energy Facts Label (EFL), which breaks down plan details. You can also call the number on your screen to speak with one of our energy experts.

Is the Octopus Lite plan right for you?

Choosing the right electricity provider can make a difference in the quality of the services you receive and your energy bills. The Octopus Lite plan is best for medium-sized households that meet the 1,000-kWh requirement for the $125 bill credit. If you have a smaller household or frequently switch providers, you may want to explore other energy plans on our marketplace.

How do I sign up for the Octopus Lite plan?

Signing up for the Octopus Lite plan is easy. Simply enter your ZIP code on our marketplace to find up-to-date rates and choose the Octopus Lite plan. Follow the steps on the page to enroll or give us a call at the number on your screen to sign up with the help of one of our energy experts.

Explore additional plans from Octopus Energy

Plan NameTerm LengthRate per kWh
Octopus Energy - Octopus Lite 1212 months8.5¢ / kWh
Octopus Energy - Octo Volt 1414 months14.6¢ / kWh
Octopus Energy - Octo Volt 1212 months14.8¢ / kWh
Octopus Energy - Octo Volt 2424 months14.9¢ / kWh
Octopus Energy - Octo Volt 1818 months15.1¢ / kWh

Please note: All rates above are accurate as of 5/21/2026, 3:39:45 PM CDT for ZIP Code 77032. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Octopus Lite plan FAQs

Does the Octopus Lite rate change by usage level?

Yes, your price on the Octopus Lite plan will vary depending on how much energy you use per month. Customers who use under 1,000 kWh will pay a higher rate than those who use 1,000 kWh to 1,999 kWh. Always read the fine print in a plan’s EFL to understand what you’re signing up for.

Does the Octopus Lite plan offer a monthly reward?

Yes, Octopus Energy rewards Octopus Lite customers with a $125 monthly bill credit, but only if you surpass 1,000 kWh of usage every month.

Will I have to pay a fee for canceling my Octopus Lite plan?

Octopus Energy charges a $150 early termination fee for customers who cancel their plan too soon. However, the provider will typically waive the fee if you are moving outside of its service area.

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