Octopus reduces UK households' energy bills to £0 in Cost of Living gesture

Octopus and partners have today say they will commit to 100,000 ‘Zero Bills’ homes by 2030.

Octopus is targeting reducing energy customers bills to "zero", it has revealed, in a major boost for UK households amid the Cost of Living crisis. Octopus and partners have today say they will 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. 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.

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. 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.

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Greg Jackson, Founder of Octopus Energy, commented: “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, commented: “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.”