Octopus Energy and Thakeham consider ‘Zero Bills’

In a game-changing move for UK homebuyers, Octopus Energy and Thakeham have announced a major deal to deliver all possible future developments as ‘Zero Bills’.

Related topics:  Octopus Energy,  Energy Bills
Editor | Property Reporter
23rd September 2024
Energy Bills
"Strengthening our partnership with Octopus Energy will move us closer to making energy bills a thing of the past for our communities, while also playing a vital role in addressing the housing supply crisis."
- Rob Boughton, Founder & Chief Executive of Thakeham

Signed at the Labour Conference in Liverpool, this partnership will accelerate the rollout of Octopus Energy’s target of 100k homes by 2030. The deal will also help drive the UK towards the government's 40% affordable housing target in new towns. 

Thakeham first piloted the 'Zero Bills' schemes at its 120-home Templegate development in Burgess Hill this year. This new deal with Octopus will see Thakeham submit plans for a 1,350 ‘Zero Bills’ home development in West Sussex, kicking off a wave of energy-efficient living.

Thakeham currently has a land portfolio of over 45,000 homes, including several new towns and villages envisaged to be net zero-carbon communities.

Launched in 2022, ‘Zero Bills’ is a world-first energy tariff from Octopus Energy that allows customers to move into homes which are fully kitted out with state-of-the-art clean technology – including a heat pump, a battery and solar panels – with no energy bills guaranteed for at least five or ten years. 

‘Zero Bills’ homes are powered by ‘Kraken’ which automatically matches the homes' consumption and green energy generation in real-time.

Greg Jackson, Founder of Octopus Energy, said: “This is a huge step forward for us in making ‘Zero Bills’ the new norm. By teaming up with Thakeham, we’re creating homes that cost nothing to run while also making a significant dent in the UK’s carbon footprint. This partnership brings us closer to a future where energy bills are history.”

Rob Boughton, Founder & Chief Executive of Thakeham, added: “Low carbon living isn’t an aspiration – it can be achieved today. With the government committing to building 1.5 million homes, and half of our housing for 2050 not built yet, we have the opportunity to set a new benchmark for sustainable living.”

Before you read on, we'd like to get an idea of who is reading Property Reporter - so we can tailor the news and topics we cover to you. Are you a:

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.