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Octopus Energy
4.3
based on 25 Reviews
Company Overview
Company Locations
Working at Octopus Energy
Company Summary
Overall Rating
4.3/5
based on 25 reviews
Highly rated for
Work-life balance, Skill development, Work satisfaction
Work Policy
Monday to Friday
41% employees reported
Flexible timing
71% employees reported
No travel
40% employees reported
Day shift
100% employees reported
View detailed work policy
About Octopus Energy
Founded in--
India Employee Count--
Global Employee Count--
Headquarters--
Office Locations
--
Websiteoctopus.energy
Primary Industry
--
Other Industries
--
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Octopus Energy Ratings
based on 25 reviews
Overall Rating
4.3/5
How AmbitionBox ratings work?
5
17
4
4
3
4
2
0
1
0
Category Ratings
4.3
Work-life balance
4.1
Skill development
4.1
Work satisfaction
4.0
Company culture
4.0
Salary
3.7
Job security
3.6
Promotions
Octopus Energy is rated 4.3 out of 5 stars on AmbitionBox, based on 25 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Octopus Energy Reviews
Top mentions in Octopus Energy Reviews
Compare Octopus Energy with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.3/5 based on 25 reviews | 3.7/5 based on 92.2k reviews | 3.7/5 based on 54.4k reviews | 3.8/5 based on 58.2k reviews |
Highly Rated for | Work-life balance Skill development Work satisfaction | Job security Work-life balance | Job security | No highly rated category |
Critically Rated for | No critically rated category | Promotions Salary Work satisfaction | Promotions Salary | Promotions |
Primary Work Policy | - | Work from office 81% employees reported | Hybrid 61% employees reported | Hybrid 75% employees reported |
Rating by Women Employees | - no rating available | 3.7 Good rated by 26.8k women | 3.8 Good rated by 15.6k women | 3.8 Good rated by 21.9k women |
Rating by Men Employees | - no rating available | 3.6 Good rated by 60.2k men | 3.7 Good rated by 36.3k men | 3.8 Good rated by 33.7k men |
Job security | 3.7 Good | 4.5 Good | 3.8 Good | 3.7 Good |
View more
Octopus Energy Salaries
Octopus Energy salaries have received with an average score of 4.0 out of 5 by 25 employees.
Finance Executive
(6 salaries)
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₹4.5 L/yr - ₹5.5 L/yr
Process Field Officer
(5 salaries)
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₹12 L/yr - ₹12 L/yr
Field Engineer
(4 salaries)
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₹8.6 L/yr - ₹10.9 L/yr
Field Supervisor
(4 salaries)
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₹7.7 L/yr - ₹9.8 L/yr
Mechanical Maintenance Officer
(4 salaries)
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₹5.5 L/yr - ₹17 L/yr
Security Shift Supervisor
(4 salaries)
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₹5.5 L/yr - ₹6 L/yr
Security Officer
(3 salaries)
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₹5.2 L/yr - ₹6 L/yr
Executive Accountant
(3 salaries)
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₹7.2 L/yr - ₹9.2 L/yr
Electrical Engineer
(3 salaries)
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₹2.3 L/yr - ₹2.9 L/yr
Maintenance Officer
(3 salaries)
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₹9 L/yr - ₹16 L/yr
Octopus Energy News
View all
Postcode electricity pricing is a minefield for Ed Miliband
- The debate over zonal pricing in the electricity market in Great Britain presents a stark divide between proponents and opponents of the system.
- Proponents, such as Octopus Energy's Greg Jackson, argue that zonal pricing is necessary to prevent bills from escalating and improve efficiency in the system.
- Opponents, including developers and generators, believe that zonal pricing would not lead to cost reductions and could create inconsistencies in consumer bills.
- The decision on zonal pricing is crucial for the future of the energy market and could impact the UK's clean power mission and investment prospects.
- Some argue that zonal pricing could lead to increased financing costs, potentially hindering the transition to renewable energy sources.
- The disagreement between supporters and critics of zonal pricing has created a contentious environment within the Department for Energy Security and Net Zero.
- While Ofgem favors zonal pricing as the optimal solution, Energy Secretary Ed Miliband faces challenges in aligning with this recommendation due to potential repercussions.
- The decision on zonal pricing could influence offshore wind project costs and impact the government's goal of reducing bills through renewable energy by 2030.
- Addressing concerns about zonal pricing's impact on existing windfarms and offering clarity on compensatory measures are essential for gaining industry support.
- The debate highlights a complex decision-making process necessitated by the evolving energy landscape and the need for efficient market structures.
Guardian | 9 Mar, 2025
British Gas owner reports slump in annual profits to £2.3bn
- The owner of British Gas, Centrica, reported a slump in annual profits to £2.3bn.
- British Gas, which was the largest provider of gas and electricity in the UK, lost the top spot to Octopus Energy last year.
- Centrica's adjusted earnings for last year decreased by a third compared to 2023, and its operating profit slumped to £297m.
- Despite increasing competition in the market, British Gas maintained a relatively steady customer base of 7.46m households.
Guardian | 20 Feb, 2025
600,000 Octopus Energy customers warned they could have their power cut off
- Octopus Energy, the largest energy supplier in the UK, has warned its 600,000 customers about potential power cuts if they do not upgrade their traditional radio teleswitch meters to smart meters by June 30.
- The company is planning to fast-track the upgrades to ensure that no customer is left without heating.
- Smart meters provide real-time data on energy usage and costs, helping customers save money and track their usage effectively.
- Customers who need to switch their meters can do so through their Octopus Account.
Metro | 5 Feb, 2025
Enphase Energy, Octopus Energy announce smart tariff for UK customers
- Enphase Energy and Octopus Energy have announced a smart tariff for UK customers.
- Octopus customers with Enphase solar and battery systems can benefit from a smart import and export tariff.
- The tariff, called Intelligence Octopus Flux (IO Flux), optimizes the charging and discharging of solar and battery systems.
- Customers can save money on electricity bills and support grid balance through automatic charging and exporting surplus energy.
Pv-Magazine | 28 Jan, 2025
Octopus overtakes British Gas as Britain’s largest household energy supplier
- Octopus Energy has become Britain’s largest household energy supplier, surpassing British Gas for the first time.
- Octopus gained almost 1 million new gas and electricity accounts from rivals last year alone, reaching a 23.7% market share.
- British Gas, the previous leader, now holds a 23.1% market share, which is 320,000 fewer accounts than Octopus.
- Octopus' success is attributed to its bespoke software, Kraken, which allows for real-time electricity price fluctuations to lower bills.
Guardian | 17 Jan, 2025
Speedier drug trials and better films: how AI is transforming businesses
- Keir Starmer announced investment of £47bn a year over a decade to give the UK world leader status in AI
- Many industry experts have started using AI for their industries to increase productivity and profitability
- Octopus Energy uses Kraken operating system to allow its customers to access electricity at cheaper and greener times
- Big AI investors like advertising giant WPP, and companies in music, film and media are working with the technology to creatively enhance their content
- AI is helping in speeding up drug development and reducing cost in the pharmaceutical industry
- Retailers are looking to AI to become more efficient due to surging labour costs
- AI is also being used in call centers to reduce post-call administration and increase calls resolved at first interaction
- Airlines like Ryanair, BA and EasyJet are embedding AI throughout operations to optimise revenues, schedules and aircraft allocation
Guardian | 17 Jan, 2025
Smart meters in north/south divide, Bitcoin breaks through $82,000 barrier
- Smart energy meters in northern England and Scotland are causing issues due to regional differences in the way usage data is sent back to suppliers.
- Bitcoin breaks through the $82,000 barrier on expectations of a favorable cryptocurrency environment under a second Donald Trump administration.
- The Asus ROG Phone 9 is set to be one of the top gaming phones, as benchmark leaks reveal its impressive power.
- Artificial intelligence identifies hidden structural vulnerabilities in St Peter's Basilica for the first time, aiding restoration work.
TechDigest | 11 Nov, 2024
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Octopus Energy FAQs
Does Octopus Energy have good work-life balance?
Octopus Energy has a work-life balance rating of 4.3 out of 5 based on 20+ employee reviews on AmbitionBox. 84% employees rated Octopus Energy 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Octopus Energy reviews for more details
Is Octopus Energy good for career growth?
Career growth at Octopus Energy is rated fairly well, with a promotions and appraisal rating of 3.6. 84% employees rated Octopus Energy 4 or above, while 16% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Octopus Energy reviews for more detailed insights.
What are the pros of working in Octopus Energy?
Working at Octopus Energy offers several advantages that make it an appealing place for employees. The company is highly rated for work life balance, skill development and work satisfaction, based on 20+ employee reviews on AmbitionBox.
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