Big energy firm offers customers no bills for 5 years saving them £1,800 a year

10 November 2023 , 08:36

1105     0

Octopus Energy and Bellway Homes have signed a long-term, strategic partnership to develop Zero Bills homes together (Image: No credit)

Octopus Energy has announced a plan to help households save £1,800 on their energy bills each year.

The company's new scheme, called Zero Bills, will equip homes with green technology, meaning families won't have to pay for energy for at least five years. Octopus first announced the scheme earlier this year and has now signed a long-term, strategic partnership with Bellway.

The houses, built by Bellway, are fitted with green energy tech like an air-source heat pump, a home battery, and solar panels on the roof. All of this is managed by Kraken, Octopus Energy's tech platform. Bellway is currently building three Zero Bills homes at its Victoria Gate development in Stafford, which will go on the market in December 2023. From 2024, a further 250 Zero Bills homes are planned at a Bellway development in Bedfordshire, with the potential for more sites to follow soon.

Michael Cottrell, who's in charge of Zero Bills homes at Octopus Energy, said: "Zero Bills is a complete game changer, and having one of the UK's largest housebuilders on board to develop their first Zero Bills homes is a momentous occasion for sustainable living. With Bellway committing to this revolutionary scheme, we can provide even more homeowners with zero energy bills for five years, guaranteed. It means we can make green living the standard, not the exception."

Jason Honeyman, the boss of Bellway, said: "We are proud to be the first national housebuilder to partner with Octopus to deliver Zero Bills homes at scale. These homes will be at the cutting edge of sustainable design and will also save our customers thousands of pounds in energy costs as cost-of-living challenges persist across the country."

Shop prices 'are yet to peak and will remain high' as inflation hits new heights

He added: "This long-term partnership is a key part of our delivery of energy-efficient homes as we work towards the Future Homes Standard and it exemplifies our commitment to putting people and the planet first." The company is currently building three Zero Bills homes at its Victoria Gate development in Stafford as part of the company's Future Homes research project, which will go on the market in December 2023.

From 2024, a further 250 Zero Bills homes are planned at a Bellway development in Bedfordshire, with the potential for more sites to follow soon.

* An AI tool was used to add an extra layer to the editing process for this story. You can report any errors to [email protected]

S P Jones