Tag: Octopus Energy

Octopus Energy brings power to the people with the launch of ‘the Collective’ investment platform

Stuart Mitchell

More people across the UK have the opportunity to own a piece of a green energy project thanks to Octopus Energy’s new investment platform ‘the Collective’. The first-of-its-kind platform allows people to directly buy a share of a renewables project like a wind turbine or solar farm. With a minimum investment of £25, any returns go straight into the investor’s pocket as there are no fees and it is free to join*. The move makes Octopus the first energy company in the UK with a retail investment platform regulated by…

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Future of net zero at stake if energy bills go up

Stuart Mitchell

The cost of living crisis is still the most pressing issue facing the country, with 90% of respondents concerned about rising energy prices, a new survey by Opinium shows*. Nine in ten (88%) identified energy bills as the top priority for the government to help reduce household expenses, ahead of supermarket prices and mortgage and rent costs. The UK’s net zero ambitions remain popular, but public support is at risk. While more than twice as many people support net zero than don’t (43% vs. 20%), seven out of ten supporters…

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Octopus Energy enables Germany’s first ‘Zero Bills’ community

Stuart Mitchell

Germany’s home energy revolution is taking shape in Schramberg, where Octopus Energy is enabling the nation’s first 100% ‘Zero Bills’ neighbourhood. The Schramberg development will offer residents a future free from energy bills for at least six years, marking a game-changing milestone in sustainable living. Each of the 24 homes will be powered by cutting-edge green technology, including solar panels, heat pumps, and batteries – ensuring clean and cost-free energy. Construction of the development is set to begin in the next few weeks, with the first residents expected to move…

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Octopus Energy urges NESO to strengthen household flexibility

Stuart Mitchell

Octopus Energy calls on the National Energy System Operator (NESO) to strengthen the role of households in managing grid constraints, reducing the need to turn on expensive and polluting fossil fuel plants. This plea comes after the system chose to pay over £17 million to two fossil fuel power plants for backup power amid a cold weather snap yesterday, instead of calling on the significantly cheaper Demand Flexibility Service (DFS). The gas stations received payments of up to £5,750 per MWh of power generated between midday and 7pm. In stark…

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Octopus Energy and SNG deliver first ‘Zero Bills’ homes for social housing residents

Stuart Mitchell

Octopus Energy and SNG customers become the first social housing residents to move into homes with no energy bills for at least 5 years. At Nexa Fields in Exeter, six social housing residents will pay absolutely nothing for their energy, thanks to state-of-the-art green technology that makes their homes eligible for Octopus Energy’s pioneering ‘Zero Bills’ initiative. Launched in 2022, ‘Zero Bills’ is a world-first energy tariff from Octopus Energy that allows customers to move into homes that are fully kitted out with a heat pump, a battery and solar…

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