Octopus Energy says thousands of customers will be handed £0 energy bills

Octopus Energy says thousands of customers will be handed £0 energy bills

by · Birmingham Live

Thousands of new homes will pay £0 energy bills with Octopus Energy. Hundreds of homes are set to get free energy bills for five years under a scheme being rolled out by Octopus Energy and housebuilders, it has been confirmed.

It will work together with national and regional housebuilders to deliver new homes fully fitted with solar panels, heat pumps and battery storage and other measures to make them as close to self-sufficient as possible.

The initiative was launched in 2022 and is officially the first-of-its-kind tariff in the world that helps customers move into energy-efficient, micro-generation homes. To deliver it, Octopus Energy is working with several leading housebuilders.

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Octopus said: “We've just launched Octopus Zero Bills, the next generation energy tariff with zero energy bills for five years, guaranteed, for new homes kitted out with the right combination of solar panels, home battery and heat pump.

“It’s not magic, but could just as well be. If you live in a brand new, specially built Zero Bills home, you'll not receive an energy bill - no costs, no worries. With domestic heating currently responsible for 14% of the UK’s total carbon emissions alone, Zero Bills represents a crucial step on our journey to net zero.

“First, we’re taking on newbuild homes – all 200,000 of them built each year in the UK. But we’re also working hard to maximise retrofit applications of Zero where possible. With the UK’s housing stock recently ranked the worst in Europe, we’ve got no time to lose.

“By Zero-ing energy bills for eligible households, we’re hoping to give our customers one less thing to worry about. And while we can’t change the system overnight, the good news is that we’re fast approaching cost parity between low-carbon tech and their gas-guzzling counterparts – meaning that a zero carbon, zero bill world is far from a distant reality for everyone.”