Octopus Energy has announced a long-term partnership with one of the UK’s largest housebuilders to deliver “Zero Bills” homes at scale.
Zero Bills is described as a “smart offer” that allows customers to move into homes with zero energy bills for at least five years, “guaranteed”.
The homes, built with housebuilder Bellway, are fully equipped with green energy technology – including an air source heat pump, home battery, and solar panels on the roof – which Kraken, Octopus Energy’s technology platform, then optimizes.
Zero Bill households are expected to save around £1,800 a year on energy bills compared to those on a standard variable tariff, based on current energy rates.
Michael Cottrell, director of Zero Bills homes at Octopus Energy, said: “Zero Bills is a game changer, and one of the UK’s biggest housebuilders is on board to develop their first Zero Bills home into a major event for sustainable living .
“With Bellway’s commitment to this revolutionary scheme, we can provide more homeowners with zero energy bills for five years, guaranteed. It means we can make green living the standard, not the exception.”
Bellway, which built around 11,000 homes last year, is the first major housing developer to tackle the project and is looking to implement Zero Bills homes in future developments.
The housebuilder is currently building three Zero Bills homes at its Victoria Gate development in Stafford as part of the company’s Future Homes research project. These homes are expected to be available on the market in December 2023.
From 2024, an additional 250 Zero Bills homes are planned at the Bellway development in Bedfordshire, with more sites potentially coming soon.
The Future Homes Standard is a Government initiative that requires new homes to reduce carbon emissions by 75 per cent and is due to come into effect in 2025.
Almost 1,000 homes across the UK are now accredited by Octopus Energy through contracts with housing developers and providers.
According to Octopus, accredited plots are for affordable, social, shared ownership, private ownership and rental housing. The company plans to deliver 50,000 Zero Bills homes worldwide by 2025.
Bellway CEO Jason Honeyman 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 forefront of sustainable design and will save thousands of pounds on energy costs for our customers as cost of living challenges continue across the country.
“Delivering energy efficient homes is a key part of this long-term partnership as we work towards the Future Homes Standard and exemplifies our commitment to putting people and planet first.”
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