NAO questions Octopus’ finances after Bulb takeover – but deal will save the taxpayer money March 29, 2023 The UK’s public spending watchdog has raised concerns over Octopus' “weaker financial position than its rivals” following its takeover of Bulb.
Billions could be saved by building a flexible electricity system March 22, 2023 The UK could be saving around £17bn every year if it builds a flexible electricity system, MPs have been told.
Octopus pledges €1bn to boost France’s green energy market with one million customer target March 13, 2023 Octopus has announced plans to further expand its investment strategy in France with a billion euro spending pledge.
National Grid is the biggest roadblock to reviving onshore wind, argues Octopus March 8, 2023 The biggest challenge for onshore wind developments is the slow speed of connections on the grid, argued the boss of Octopus Renewables.
Government subsidies for Octopus’ Bulb takeover unlawful, rivals tell court February 28, 2023 The government granted unlawful subsidies to Octopus Energy to take over collapsed energy supplier Bulb - rivals told a major court.
Getting warmer: Have heat pumps finally cracked the mainstream market? February 27, 2023 A price war for heat pumps was triggered last month, when British Gas owner Centrica unveiled a £3,000 product for households.
Centrica heads back to court to challenge government over Octopus’ Bulb takeover February 26, 2023 British Gas owner Centrica is set to lock horns with the government in court over its handling of Bulb's sale to rival Octopus.
Octopus swallows £150m loss from rising energy bills before Bulb buy-out customer boom February 1, 2023 Octopus has reported another year of losses after the supplier opted to swallow a £150m bill in rising wholesale costs.
Bulb takeover will only cost taxpayer £260m, says Octopus Energy February 1, 2023 Octopus Energy's takeover of Bulb could cost the taxpayer considerably less money than previously estimated, the firm told City A.M.
Octopus calls on Ofgem to ease higher costs for non-debit customers January 30, 2023 Octopus Energy has urged Ofgem to end payment penalties sooner for standard credit customers as the cost of living crisis bites.