Octopus Energy hands lifeline to thousands of Brits as new £185m project to slash bills

Jeremy Littman, founder and CEO of Exagen, said: “All of us at Exagen are thrilled by this ground-breaking deal with Octopus, which will support us in our mission to build smarter, flexible renewable generation projects across the grid, enabling communities access to cleaner, cheaper energy.

I believe our commitment to our staff, our technology-focused approach to operations, and above all our passion for local communities and the environment has aligned us with the Octopus team and we’re all looking forward to delivering on our promise together.”

This comes after Octopus last week unveiled a new tariff that can slash bills by £350 for thousands of Britons in the Halifax area of Yorkshire.

The “Fan Club” model works by providing Octopus customers with cheaper electricity if they live near wind turbines, which is now in effect in three locations in total, also including Weighton in East Yorkshire, and Caerphilly in South Wales.

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Article source: https://www.express.co.uk/news/science/1659609/octopus-energy-new-green-project-uk-battery-storage-bills-price-cap-crisis