Tag: Octopus Energy

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…

Read More

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…

Read More

“And it’s Octopus Energy with the assist!” UK’s top power firm gives free football kit to thousands of clubs including Lewisham’s Saving Souls FC

Stuart Mitchell

Octopus Energy has given a huge boost to Lewisham local football by sponsoring grassroots clubs like Saving Souls FC with brand-new, snazzy football kits – completely free. Members of the company’s popular rewards program Octoplus could nominate their local teams for free ‘Octokits’ in club colours and branding. Octoplus is used by over 2 million customers who have racked up over £13 million-worth of points. Octopus Energy aimed to kit out 500 kids’ teams as part of this giveaway. But the response was so overwhelming that it accepted applications for…

Read More

Octopus Energy & Idris Elba kick off Sierra Leone’s first wind farm

Stuart Mitchell

Octopus Energy’s generation arm, in partnership with Idris Elba, has kicked off its first renewables project in Africa, a pioneering wind farm on Sherbro Island in Sierra Leone. The company announced this milestone at this year’s World Climate Conference (COP29) which is currently taking place in Baku, Azerbaijan, and brings together governments, businesses and other stakeholders to negotiate global climate strategies and policies. Octopus has submitted detailed plans to Sierra Leone’s government. The company is aiming to start construction of the wind farm – up to five turbines, complete with…

Read More

Octopus launches world-first solar donation trial to alleviate fuel poverty

Stuart Mitchell

Octopus Energy has launched a pioneering donation trial that allows solar customers to share the value of their excess energy with those facing fuel poverty. In a world-first scheme, Octopus Solar Sharing lets households with surplus solar energy donate the value of their excess energy to the fuel poverty charity National Energy Action (NEA) or to Octopus’ Octo Assist fund – a £30 million pot dedicated to helping its customers in need. Many homes with solar panels generate more electricity than they use. While energy suppliers typically allow customers to…

Read More