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The Latest Breaking News from Octopus Energy

Octopus Energy issue update to customers ahead of price cap hike

The energy price cap is expected to rise by 74 per cent this winter, on top of the 54 per cent households were hit with back in April 2022 - Octopus has since updated their terms and conditions.

Edinburgh Live

Can ‘social tariffs’ solve the UK’s looming fuel poverty cataclysm?

MPs and charities are supporting a new billing structure featuring subsidised lower-cost energy for people in need

The Guardian - UK

Labour could pledge tax cuts for millions at 2024 election, Rachel Reeves hints

Shadow Chancellor Rachel Reeves vowed to 'bring forward' ideas this October on top of Labour’s current cost-of-living package - which pledges up to £600 for the poorest over and above Tory help

Daily Mirror

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National Grid will pay households to shift electricity use to avoid blackouts

Scheme encourages customers with smart meters to use less energy at peak times and reduce carbon emissions

The Guardian - UK

You could be paid for using less electricity at peak times in new scheme

Homes would see their bills reduced if they don't use appliances like ovens and washing machines when the Grid is busy

Wales Online

You could soon get paid to use your oven and washing machine at different time of day

Under the proposals, families would be paid for changing the time they use energy-hungry appliances such as the oven and washing machine - so shifting when they cook or clean

Daily Mirror

Scottish Power and Octopus customers use energy to help National Grid and reduce bills in new trial

Participating customers were rewarded with an average of £5 of free energy, with some saving up to £73.

Daily Record

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Octopus Energy’s Greg Jackson: ‘Climate change is no longer this vague thing’

The green energy firm’s founder on his sympathy for those struggling with bills – and his exasperation at net zero opponents

The Guardian - UK

Martin Lewis urges energy customers of three companies to submit new meter readings

MSE will be reporting its results to energy market regulator Ofgem, the Department for Business, Energy & Industrial Strategy (BEIS) and the Business Committee of the House of Commons

Edinburgh Live

Martin Lewis advice as direct debit warning sent to customers of three energy firms

The rising costs of energy is a worry for UK residents

Nottingham Post

Martin Lewis urges certain energy customers to submit new meter readings and contact their supplier

New MoneySavingExpert.com research found at least 30% of people with three firms have seen their direct debits double.

Daily Record

Martin Lewis advice as warning sent to customers of three energy companies

Energy prices have rocketed in the last year

Liverpool Echo

Martin Lewis advice as the Money Saving Expert says it 'smells wrong' some energy bills doubled

Energy prices have rocketed in the last year, and last month the energy price cap was increased by 54% for the average household

Chronicle Live

Martin Lewis has advice as he says it 'smells wrong' some energy bills doubled

Three companies have customers who say their energy bills increased 100% in April - when the price cap only went up 54%

Wales Online

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Wales Online

Martin Lewis advice as energy direct debits 'double' after price cap rise

Money Saving Expert said at least 30% of customers with British Gas, Octopus Energy and Shell Energy companies reported their direct debits increasing

The Independent UK

Direct debits have doubled after energy increase, some Britons say

Customers who are with British Gas, Octopus Energy and Shell Energy reported the increase.

Daily Mirror

Six ways to make savings up of £5,000 as cost of living and energy bills soar

The cost of living crisis is hitting households across the UK so people are desperately seeking help when it comes to saving money to help them in the face of rising energy bills and rising costs

Edinburgh Live

Asda, Octopus Energy and Jet2 Holidays all nominated in Which? 2022 awards

Which? have released their short-list for their upcoming 2022 annual awards which sees well-known brands go head to head to claim the title in their category which ranges from travel to banking.

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Liverpool Echo

New energy prices with British Gas, Scottish Power, EDF confirmed as millions receive new bills

Find out how much you are set to pay with one of these energy providers

Wales Online

Cost of heat pumps to be slashed as Octopus Energy strikes new deal

It's been called the 'Model T' moment for the heat pump industry

Liverpool Echo

Octopus Energy signs UK heat pump deal that could cut costs by 70%

The UK Government hopes that 600,000 heat pumps will be installed in homes every year from 2028

Bristol Post

Heat pumps could soon cost the same as gas boilers - saving people up to £150 on energy bills

Octopus Energy strikes huge UK heat pump deal to slash cost by 70 per cent

Chronicle Live

How much profit UK energy firms British Gas, EDF, SSE make during cost of living crisis

Who owns our major energy suppliers - and how much they make

Wales Online

Who owns the UK's biggest energy firms and how much profit do they make?

Millions of households across the UK face being plunged into fuel poverty as energy bills rocket

Edinburgh Live

New smart meter proposal could see customers pay more when demand is higher

Supported by Scottish Power, EDF and Octopus Energy, a new tariff for energy has been proposed that will see customers pay more during peak times but will allow them to save when energy is less in demand

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