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The Latest Breaking News from Octopus

Octopus Energy cuts bills for customers and will offer payment holidays

Standing charges are being cut and some people won't have to pay them at all

Wales Online

Octopus Energy confirms new £40million support package and payment holidays for customers

Octopus Energy Group is battling to bring down standing charges as the October price cap looms - with a £40m package that reduces customers’ bills by 4% compared with Ofgem

Daily Mirror

British Gas, Octopus, E.ON and Shell outline how £400 rebate will be used

The rebate will be paid in instalments from October - March

Nottingham Post

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Martin Lewis issues new energy bill advice for households on a fixed tariff ahead of October increase

The consumer champion explains what will happen to tariffs once the Energy Price Guarantee is applied.

Daily Record

Energy companies announce how customers will get £400 rebate this winter

British Gas, Bulb, EON, EDF and Octopus are among the suppliers who have announced how they will handle the reduction on bills

Chronicle Live

Energy firm to visit 500k homes with thermal imaging cameras to find and fix hidden draughts before winter

Octopus Energy will also provide personalised doorstep advice on how to reduce fuel bills during colder months.

Daily Record

Energy firm visits customers’ homes to advise on cutting bills

Octopus Energy said it hoped to visit at least 500,000 homes this winter to give customers ‘actionable, bespoke advice’ on how to reduce bills.

The Independent UK

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Energy company researching clever electric vehicle way for millions to save £840 on bills

“It marks a major turning point"

Nottingham Post

Octopus Energy unveils 'turning point' that could save millions £840 on bills

Octopus Energy and the National Grid have unveiled a "major turning point" in electricity supply that could save energy customers around £840 a year on their bills

Edinburgh Live

Collapse of supplier Bulb could add more than £150 to energy bills

Cost of bailing out UK company threatens to top £4bn by next spring because of soaring gas prices

The Guardian - UK

Octopus Energy CEO warns worst rises yet to come as firm slashes bills in HALF for some

Greg Jackson warned of a "fossil fuel crisis" in an email to Octopus Energy customers, saying global gas prices are around eight times higher due to Vladimir Putin's invasion of Ukraine

Daily Mirror

Solar panels: how to fix your energy bills while the sun shines

Demand goes through the roof as struggling British households try to tackle soaring electricity prices

The Guardian - UK

Energy CEO slams 'bonkers' rule preventing 'cheaper electricity' for millions

Greg Jackson believes that the United Kingdom has an old and outdated way of running its energy market

Chronicle Live

Octopus Energy is slashing £350 off energy bills - but it depends on where you live

Power company Octopus Energy gives customers cheaper energy bills if they are fortunate enough to live in three areas that are supplied with renewable wind power

Daily Mirror

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Manchester Evening News

Octopus boss forced to explain why the cost of 'renewable' energy is rising

The energy firm promises that its electricity tariffs are 100% but some customers were confused by price increases

The Guardian - UK

Centrica and Octopus back plan to freeze UK energy bills for two years

‘Tariff deficit fund’ proposed by ScottishPower and Eon would involve banks putting cash into state-backed fund

Wales Online

Petition to nationalise Bulb energy firm launched as cost of living crisis worsens

Thousands of people are calling on the Government to nationalise Bulb rather than pay another company £1bn to take it on. The government has already set aside £1.7billion to bail Bulb out.

Birmingham Post

Octopus Energy boss says blackouts unlikely this winter as he urges No 10 to help out families

Greg Jackson: ‘The last support package was really significant. It’s just that the crisis has deepened since then’

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Edinburgh Live

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.

Birmingham Post

Octopus Energy Group invests £200m to take stake in Hornsea One Wind Farm

The energy giant worked with Nest to make the investment in one of the world’s largest operational offshore wind farms

Edinburgh Live

British Gas, EDF, Scottish Power, Octopus: Energy support funds as bills set to reach £3,600

The average bill is expected to hit around £3,600 in October and then rise again in January with experts warning that thousands could fall into fuel poverty as the cost of living and energy crisis continues.

The Guardian - UK

Energy suppliers row over how to protect customers’ overpaid credit

British Gas owner Centrica says insurance plan won’t stop risky business practices, while Octopus calls ringfencing ‘financially illiterate’

Benzinga

Facebook, Instagram Fall Prey To Data Scraping; Indict Chinese Company

Meta Platforms, Inc (NASDAQ:META) prosecuted Octopus Data, the U.S. subsidiary of a Chinese national high-tech enterprise Shenzhen Vision Information Technology Co. Octopus Data allegedly offered data scraping services for Facebook and Instagram. Meta also prosecuted a Turkey-based individual, Ekrem Ateş, for allegedly setting up automated Instagram accounts to scrape data from 350,000 Instagram…

Manchester Evening News

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

Households across the UK may soon be offered money to not use their appliances at peak hours

The Guardian - UK

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

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