Octopus Energy, the UK’s biggest energy supplier, is shaking things up with ‘Tenant Power’ – a brand-new tariff designed to help social housing tenants save money while encouraging landlords to go green. The game-changing new tariff gives tenants in social, affordable and shared ownership housing a discount on their energy bills of up to £200 per year compared to a standard variable tariff* (depending on the number of solar panels and the size of the battery). ‘Tenant Power’ also benefits social housing landlords, like housing associations, who get paid for…
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Octopus Energy ramps up Asian renewables push with South Korean investment
Octopus Energy’s generation arm accelerates its Asian renewables plans with a solar investment in South Korea, set to help ramp up clean power in the country. Octopus has backed a highly experienced and expert local team – Skygreen Energy – to develop up to 20 small- to medium-sized solar farms in the next two years. The new solar farms will generate 140 MW of clean energy – enough power for around 45,000 homes a year. Skygreen is planning to scale up to 500 MW of solar, with ambitions to potentially…
Read MoreOctopus Energy brings power to the people with the launch of ‘the Collective’ investment platform
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…
Read MoreFuture of net zero at stake if energy bills go up
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…
Read MoreOctopus Energy enables Germany’s first ‘Zero Bills’ community
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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