Octopus Energy have announced a £40 million package to help customers amid the cost of living crisis.
Energy bills are set to soar by October 1 and the energy firm has launched a £40 million package to help its customers by applying a discount on standing charges.
All customers on Octopus's standard variable tariff will have a four per cent reduction applied automatically to their standing charges on their energy bills, compared to Ofgem's price cap.
