How do we do green energy at Octopus?
We're on a mission to make the world's power 100% green , as quickly as possible.
We are in charge to build a smart, sustainable, low-carbon energy system for the future.
WE OPERATE
3,8
million €
WORTH OF RENEWABLE GENERATION
ENOUGH TO POWER
2
MILLION HOMES
WE BUY FROM
275
GREEN ENERGY PRODUCERS AND COUNTING
WE PAY
+
1
.
000
+
1.000
CLIENTS FOR THEIR HOME SOLAR POWER
SINCE APRIL 2019, OUR CUSTOMERS HAVE GENERATED
23
.
295
,
958
kWh
23.295,958
kWh
THAT'S ENOUGH TO POWER
8
.
033
8.033
HOMES FOR A YEAR
WE OFFSET
708
.
700
708.700
tonnes of Co2
FROM OUR SUPER GREEN CUSTOMERS' GAS BETWEEN 2018 - 2021
THAT'S LIKE CANCELLING
864
.
268
864.268
flights
FROM LONDON TO NEW YORK
COMMITED TO FOUNDING THE CENTRE FOR NET ZERO, AN OPEN RESEARCH LAB DEVOTED TO RESEARCHING A LOW CARBON ENERGY SYSTEM
€
INVESTED TO BUILD THE UK'S ONLY LOW-CARBON HEAT R&D CENTRE
Green energy
We want to make renewable energy the easiest choice for everyone – so all our electricity tariffs are 100% green, often for less than other suppliers' non-green tariffs.
We work out how much power our customers are taking out of the grid annually (a mix of power sources, from wind to fossil fuels) and ensure an equal amount of renewable energy is added into the system in its place over the year. Not only does this make your electricity effectively net zero – it gradually helps make the energy system greener for everyone!
That's how we make your energy greener while we help the world to be more sustainable.
Where does our energy come from?
4 billions euros worth of renewable generation
Octopus Energy Generation is one of Europe's largest investors in renewable power, managing more than 300 green energy producers, mostly solar and wind farms.
Last year, this was enough to power over 1,2 million homes. We plan on making that 50 million homes worldwide by 2027.
Beinneun, Scotland. Octopus RenewablesInvestments
Velodrome, Wales
Buying energy from more than 190 producers in Europe
We buy renewable energy directly from more than 190 producers in Europe via contracts called 'Power Purchase Agreements' or PPAs.
Ofgem approved renewable energy certificates
Official certificates such as 'Renewable Energy Guarantee of Origin' (REGO) certificates are crucial in the energy system: used by all green energy suppliers to certify and track the renewable power and give funding directly to UK green producers.
We buy enough of these alongside energy on the open market to cover all our customers' energy, which pumps even more investment into renewable generation.
Beinneun, Scotland
Energy for the people
We believe in forging deep connections between communities and their green power. That's why we buy green power from nearly 100 small community-run energy cooperatives. Through these energy projects, locals own and run their own green generation, and profit is reinvested in local charity or environmental initiatives.
