Octopus Energy

Octopus completes purchase of Shell Energy Retail

Octopus makes first acquisition from £3bn wind fund

Octopus launches £3bn offshore wind fund

Eon boss warns of a repeat of energy market ‘gold rush’

Octopus partners with major housebuilder to deliver ‘zero bills’ homes

Dinner with Octopus

MPs fear taxpayer will be left on hook for Bulb sale

A heavyweight Parliamentary committee has raised concerns over the amount of taxpayer money used to facilitate the sale of Bulb to Octopus. In particular, the Public Accounts Committee (PAC) warns that there are “substantive risks” about Octopus’ ability to pay back around £3 billion of taxpayer money used to cover the cost of placing Bulb in a Special Administration Regime. Consequently, the PAC has warned that consumers could ultimately be saddled with any unrecoverable costs.

Octopus says heat pump rules are deterring customers

Octopus CEO: DFS was best driver of smart meter uptake

Octopus: ESO has put ‘handbrake’ on household flexibility

Severn Trent adopts Kraken

Calls for energy flexibility building metric

Switching guarantee signatories hit targets for first time

All companies signed up to the Energy Switch Guarantee (ESG) have hit their targets for the first time since the scheme was updated last year. The ESG is a series of commitments by retailers to hit certain standards and targets around the switching process, such as ensuring switches are completed within five working days or less. There are currently seven suppliers signed up to the guarantee - EDF, Eon, Octopus, Outfox the Market, Ovo, Shell Energy and So Energy.

Octopus customers first to help ESO balance grid

Octopus cuts electricity costs for coastal customers on windy days