Tag: Octopus Energy

Octopus Energy and Barratt Redrow team up to wipe out home energy bills

Stuart Mitchell

Octopus Energy, the UK’s largest energy supplier, and Barratt Redrow, the UK’s largest housebuilder, have joined forces to bring energy-bill-free living to households across the country.  The landmark deal will combine Octopus’ pioneering Zero Bills tariff with Barratt Redrow’s deep construction expertise to create high-quality, sustainable homes, where residents won’t pay a penny for their home energy bills for 10 years.  Launched in 2022, Zero Bills is the world’s first tariff that lets customers move into homes packed with cutting-edge green tech – including a heat pump, a battery and…

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Octopus Energy and Rightmove power up greener living

Stuart Mitchell

The UK’s largest energy supplier and largest property platform have joined forces to make it easier for millions of home-movers to find greener homes. Green technology is becoming a bigger selling point in the housing market. Rightmove data shows a 46% increase in mentions of heat pumps and a 37% rise in references to solar panels in property listings year-on-year. Homeowners are also warming to cleaner tech. Research from Octopus Energy found that nine in ten homeowners with heat pumps are glad they made the switch, with 94% saying their…

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Octopus EV surges past £2bn in electric car funding

Stuart Mitchell

Octopus Electric Vehicles (Octopus EV) has extended and upsized its funding line from global banks to get more electric vehicles on roads, bringing its total EV funding to £2 billion. The deal allows Octopus to supercharge its EV fleet, pushing it from 40,000 cars currently to more than 75,000 once all funds are deployed.   This builds on a major funding line agreed with Lloyds in 2023, now joined by international banks Morgan Stanley and Crédit Agricole CIB.  The announcement was made at COP30 in Brazil and comes as electric cars…

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Octopus Energy joins global campaign to scale up renewables across Africa

Stuart Mitchell

Octopus Energy Generation has joined the European Commission, the Republic of South Africa and Global Citizen’s Scaling Up Renewables in Africa campaign, which announced that it had raised $17.8 billion (€15.5bn) in public and private sector contributions during the G20 Leaders’ Summit in Johannesburg. Octopus is the only British business contributing to the global campaign, leveraging its Power Africa Initiative to catalyse $450 million. In addition to new solar and wind generation, the Power Africa Initiative will focus on a range of clean-energy investments, including grids, distributed assets and technologies…

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Octopus Energy powers past 10 million customers globally

Stuart Mitchell

Octopus Energy has hit a major milestone, serving 10 million retail customers worldwide. The breakthrough underscores Octopus’ extraordinary trajectory driven by technology, innovation and customer-centricity, cementing its place as one of the world’s fastest-growing energy suppliers. In less than a decade, Octopus has risen from a tech challenger to the largest energy supplier in the UK, whilst branching out into new markets and industries. It operates a £7 billion renewables portfolio – one of the largest in Europe – as well as thriving EV leasing, heat pump and solar businesses.…

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