The claim is that Zero Bills households will save around £1,800 on energy bills compared with those on a standard variable tariff, based on current energy rates. To date, close to 1,000 homes across the UK have been accredited under the initiative by Octopus Energy, through contracts with developers and housing providers.
The "Zero Bills" homes are equipped with solar panels, heat pumps and smart energy systems, providing 10 MWh of free electricity annually – enough to meet the energy needs of a well-insulated property. As we continue to see energy price rises, this scheme could offer financial relief, with plans to roll out to 100,000 homes across the UK.
It is marketed as ‘a world-first smart proposition that allows customers to move into homes that have no energy bills for at least five years, guaranteed’. The claim is that Zero Bills households will save around £1,800 on energy bills compared with those on a standard variable tariff, based on current energy rates.
Here’s how it works. Octopus Energy's Zero Bills homes scheme is offering potential homeowners the chance to avoid paying any energy bills for 5 to 10 years by using green technology.
Each 'Zero Bills' home is allocated 10 megawatt-hours (MWh) of free electricity per year. While the average UK household uses approximately 14.2 MWh annually, these homes are designed to be highly efficient, consuming around 6 MWh a year. This lower consumption is made possible by features like solar panels and heat pumps.
Although the 'Zero Bills' homes scheme is mainly used in new homes, there are plans to expand the scheme with Octopus Energy claiming in six years 100,000 could benefit. Those who could use the scheme are: Developers: The 'Zero Bills' scheme primarily targets buyers of new-build homes designed with cutting-edge energy-efficiency features.
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