Tag: Octopus

As the summer heatwave drives up national energy demand alongside unexpected generation outages, Octopus Energy’s customer base is proving a flexible grid is a better grid, with millions of connected customers, devices and tariffs helping to ease the supply and demand margin. Firstly, Octopus has announced its second Saving Session of the week, where 1.2 million customers can choose to reduce their energy usage between 19:30-20:30 in exchange for 415 OctoPoints (52p) per kilowatt hour (kWh) turned down, making money by using less. Secondly, Octopus customers will provide up to…

Brits are rushing to back homegrown clean power, with record demand for a new wind turbine investment in Cornwall on Octopus Energy’s platform ‘the Collective’. The opportunity sold out in just over an hour, raising £550,000 in the investment platform’s fastest sell-out yet – as more people look to back Britain’s green energy future and directly benefit from it. Launched last year, the Collective became the UK’s first FCA-regulated retail investment platform by an energy company. A major step in democratising clean energy ownership, it allows people to directly invest…

With energy markets rattled by the conflict in the Middle East, British households are staging a quiet stand on energy independence, ditching fossil fuels to shield themselves from runaway energy costs. New data from Octopus Energy shows record‑breaking demand for clean tech, with the company logging its biggest‑ever month for enquiries and sales.* Soaring gas prices and petrol hitting 12‑month highs have sent homeowners scrambling for more predictable energy – and they’re not just browsing, they’re buying. Solar sales up 54%, as homeowners “supersize” systems with 12 panels instead of…

Octopus Energy’s Electroverse, Europe’s largest electric vehicle (EV) charging network, is taking its game-changing ‘Plunge Pricing’ scheme abroad, kicking things off in France. In partnership with Powerdot, the country’s largest public charging operator, Electroverse will reward drivers with dramatically lower rates for plugging in when the grid is greenest and wholesale electricity prices drop. EV drivers all across France can now scoop up magnifique discounts of up to 50% on public charging when the wind blows, and the sun shines – saving roughly €5 for every Plunge Pricing session. France…