Wave goodbye to energy bills: Octopus targets 100,000 ‘Zero Bills’ homes by 2030

• Octopus and partners commit to 100,000 ‘Zero Bills’ homes by 2030
• The nation’s largest housebuilder Vistry Group is working with Octopus to deliver ‘Zero Bills’ homes at pace and scale
• Multiple housebuilders commit 100% of future homes to be ‘Zero Bills’

London, 19th September 2024 – Octopus Energy, the UK’s biggest electricity supplier, today announces its target to deliver 100,000 ‘Zero Bills’ homes by 2030.

This ground-breaking commitment aims to transform the housing market by eliminating energy bills, boosting green jobs, and accelerating the UK’s journey toward becoming a clean energy superpower.

Vistry Group, the UK's largest housebuilder, is piloting the delivery of 'Zero Bills' homes across several developments, with an ambition to scale this initiative at pace in future projects.

Octopus already partners with over 50 housebuilders, including major developers such as Bellway and Persimmon.

Following the success of trial plots in Stafford, national housebuilder Bellway has committed to deliver an entire 130-plot site in Bedfordshire as 'Zero Bills' next. This will be the UK's biggest 'Zero Bills' development to date, and the homes will be among the first to benefit from the 10-year guarantee.

Regional housebuilders Verto and GS8 are pledging to go even further. Both companies have committed 100% of their future homes as 'Zero Bills', setting a new standard in sustainable housing. Other regional developers including Thakeham, Edenstone, and Hill Group also continue to keep the momentum in delivering these homes.

‘Zero Bills’ homes are also available for rent and shared ownership through partnerships with housing associations Platform, Clarion and SNG, alongside private rental providers Citra and Packaged Living.

In addition, Octopus Energy is retrofitting existing homes, and estimates 500,000 UK properties built since 2013 could be eligible to be upgraded to ‘Zero Bills’ standards.

This announcement comes as Octopus showcases a ‘Zero Bills’ home at this year’s Labour Party Conference in Liverpool, in partnership with Starship and Liverpool City Region Combined Authority. Built in just three days, this showcase home highlights the potential for rapid, sustainable construction of ‘Zero Bills’ homes.

Greg Jackson, Founder of Octopus Energy, comments: “This new target for our ‘Zero Bills’ project is something that has never been done before. In just six years, 100,000 homeowners, families and couples could be living without ever having to think of an energy bill. Together with leading developers we’re building a brighter future where greener living is the cheaper option, not the premium.”

Stephen Teagle, CEO, Partnerships and Regeneration, Vistry Group, comments: “As Britain’s biggest housebuilder and the UK’s leading partnerships business, we have a responsibility to continually evolve and improve how we build our homes. Working with innovators like Octopus will benefit our customers, our partners and the environment. 'Zero Bills' delivers on all fronts – it is a game changing concept for our industry.”

John, ‘Zero Bills’ customer in Falmouth, Cornwall, said: “Knowing I’ll never have to worry about energy bills is incredible. Plus, it’s reassuring to know we’re importing energy at the greenest times, making a positive impact on the planet without having to think about it. It’s great to see Octopus rolling this out at scale.”

Launched in 2022, ‘Zero Bills’ is a world-first energy tariff from Octopus Energy that allows customers to move into homes which are fully kitted out with state-of-the-art green tech - including a heat pump, a battery and solar panels - with no energy bills guaranteed for 5-10 years.

More information about Octopus Energy’s ‘Zero Bills’ can be found here.

-ENDS-

Notes to editors:

Temporary ‘Zero Bills’ Home at Labour Party Conference in Liverpool

Thakeham ‘Zero Bills’ Home

Press Contacts

Octopus Energy Group

press@octoenergy.com

+44 (0)20 4530 8369

About Octopus Energy Group

Octopus Energy is a global clean energy tech business, driving the affordable, green energy system of the future. Under its own retail brand, Octopus delivers world-class customer service and cutting edge energy products to 8 million households globally. Its operations span 18 countries and the entire energy value chain. The group invests in, builds and flexibly manages renewable energy, operating a £7 billion portfolio of projects.

Octopus has licensed its advanced data and machine learning platform, Kraken, to support over 54 million customer accounts worldwide through licensing deals with companies such as EDF, E.ON and Origin Energy. Kraken enables Octopus to drive the electrification of heat and transport through smart tariffs and innovative cleantech. Backed by pension funds, investors and energy giants, Octopus Energy Group businesses deliver cheaper, greener energy and cutting-edge tech to countries and customers worldwide.

For more information, check out our website.