All the updated news related to octopus energy

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Sturgeon to chair meeting with suppliers in bid to ease cost-of-energy crisis

Nicola Sturgeon will convene a summit with energy suppliers in the wake of rising bills that are expected to go up further. The First Minister will chair the meeting before energy regulator Ofgem announces a possible rise in the energy cap on August ...

16 Aug 2022 at 15:11

Ofgem should bring down standing charge, energy boss says

Ofgem should help drive down standing charges for energy bill payers around Britain, the head of one of the country’s largest suppliers has said. Octopus Energy boss Greg Jackson said that many customers cannot understand why standing charges, the ...

26 Sept 2022 at 08:19

Direct debits have doubled after energy increase, some Britons say

Britons who are with British Gas, Octopus Energy and Shell Energy said their direct debits have doubled since the price rise, despite the price cap being half that, according to Money Saving Expert (MSE). The website, founded by Martin Lewis, ...

09 May 2022 at 01:25

Octopus boss says energy supplier will listen to and help customers

The boss of Octopus Energy has said the company will help people struggling to pay their bills as he warned that energy prices could get even higher. Chief executive Greg Jackson said there is “no hiding” the fact that energy costs have ...

03 Apr 2022 at 12:55

City

Stream of customers moving to energy supplier Octopus slows as gas price spikes

The number of customers choosing to switch to Octopus Energy has slowed in the last nine months as a surging gas price took away some of the company’s competitive edge. The business used cheaper prices to attract about 15% of all ...

29 Jan 2022 at 02:25

News

Energy suppliers granted £1.8 billion for taking on customers from failed firms

Energy suppliers that took on the customers of their failed rivals will be able to claim back more than £1.8 billion by adding it to the bills of households and businesses. Regulator Ofgem said it had approved payments to eight ...

22 Dec 2021 at 18:20

How to get paid £100 for not using electricity, and other ways to save on bills

The UK’s fourth largest energy supplier has signed up to a National Grid-led programme which could pay customers around £10 a day if they change their electricity use. Octopus Energy said its 1.4 million customers with smart ...

07 Oct 2022 at 17:00

City

Government provides up to £4.5bn to fund Bulb takeover by Octopus

The UK Government will pay up to £4.5 billion to help fund the takeover of collapsed energy firm Bulb by rival supplier Octopus, according to new filings. It came after the takeover was closed shortly before midnight on ...

21 Dec 2022 at 16:07

National Grid will not trigger plan to help reduce blackout risk on Tuesday

Worries over Britain’s power supply on Monday and Tuesday evenings have been allayed as National Grid decided not to trigger an emergency plan to pay households to reduce electricity use and withdrew a warning of tight ...

28 Nov 2022 at 16:57

Japanese businesses set to invest £18bn in UK, says Rishi Sunak

Japanese businesses to commit to investing £18 billion in UK

Japanese businesses are committing to invest nearly £18 billion in the UK, Rishi Sunak has announced as he meets the bosses of major firms in Tokyo. The Prime Minister said the pledges are a “massive vote of ...

18 May 2023 at 10:16

City

Octopus gets 2m new customers as it buys Shell’s domestic energy supply business

Octopus Energy will become the second biggest energy supplier in the country after it agreed to buy Shell’s electricity and gas provider on Friday. The deal sees Octopus gain 1.4 million new energy ...

01 Sept 2023 at 12:44

Octopus Energy to invest £15.5bn in offshore wind projects by 2030

Octopus Energy has announced plans to invest £15.5 billion in offshore wind projects and farms by 2030. The British energy group’s renewables generation arm said the money will go towards the ...

24 Jul 2023 at 14:10

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