By investing in more energy-efficient appliances or upgrading your home, you could easily cut back on how much energy youre using. The company claimed bills were 50 lower than the UK household average compared to the price it was allowed to charge under Ofgem rules at the time due to the decision. Over the past . New customers get a 50 discount with this referral code. Freephone available Monday to Friday: 8:30am - 4:30pm (Closed bank holidays), By post Hey I'm Constantine, welcome to Octopus Energy! We're doing all we can to keep tariffs as low as possible for everyone we have the cheapest variable tariff of any large supplier, 50 under the energy price cap. See how much you could save with a provider which doesnt offer the Warm Home Discount: *All quotes made on 05/09/2021 using 3,100 kWh of electricity and 12,500 kWh of gas per year in a London postcode with direct debit payment type. Octopuss domestic energy arm already serves 3.4 million customers with cheaper greener power, through Octopus Energy, M&S Energy, Affect Energy, Ebico, London Power and Co-op Energy. Or, even set a private security password to help you identify that our team or partners are who they say they are when we get in contact. The Government also announced a 650 cost of living grant that will be issued to all households on means-tested benefits, including: The payment will be delivered in two instalments one of 326 that should have been paid in the last half of July 2022, and another of 324 coming in the Autumn. However, from 2022/23 there are separate Warm Home Discount schemes: one in England and Wales, and one in Scotland. Octopus Energy ensures that all of the electricity it supplies is generated from 100% renewable sources. If you receive certain income-based benefits or pension credit, you might be eligible for the Warm Home Discount. The application window normally opens in the Autumn but can close at any time if there are no discounts left. The money is not paid to you - it's a one-off discount on. Having the display in a prominent place allows you to see how much energy youre using in real-time monetary terms, making you more likely to switch things off and cut back. Feb 28, 2023. However, the firm reassured the customers they don't have to worry about getting slapped with a new bill to reflect the actual amount of gas used, despite the error. Come to Octopus Energy! October 7th 2022, London - Octopus Energy, the UKs 4th largest energy supplier, is announcing a new energy reduction scheme whilst calling to end the prospect of electricity blackouts. It is part of Octopus Group, which is a certified BCorp. Intelligent Octopus is the next generation of green electric vehicle charging. Even something as simple as insulation can massively warm up your home, meaning you can leave the heating off for an extra couple of months. Visit the gov.uk page on Warm Home Discount (Scotland) for more info. Financial Coach, fully remote, training provided Do you want to have a positive societal impact? Octopus Energy Ltd is a company registered in England and Wales. Visit the gov.uk page on Winter Fuel Payments for more detailed info. UK government approves agreement between Bulb and Octopus Energy, providing certainty to 1.5 million customers A deal has been signed confirming Bulb's 1.5 million customers will have a new. Your supplier could: make a credit to your bank account if you pay by direct debit add the credit to your energy account put credit on your prepayment meter or send you a voucher, which may be time-limited It is a fixed amount that can help to reduce the stress of energy bills for those that are struggling to pay them. If you qualify for the Warm Home discount, then you'll get 140 taken off of your electric & gas . Octopus Energys head of finance Stuart Jackson said: We held our standard variable tariff meaningfully below the price cap through that period and effectively provided some shielding to customers against the rising wholesale cost.. Where its colder and darker, we have the heating and lights on more than we usually would, increasing our energy bills throughout the winter. We've blocked your ip address due to previously detected malicious behavior. Octopus Energy Ltd is a company registered in England and Wales. This comes as energy bills are costing Britons around double the amount they were being charged in 2021. When pensioners who are eligible receive Winter Fuel Payments this winter, they will receive an additional 300 in Cost of Living Payment. Registered number: 09263424. This means there is no way to identify customers who may fall into the high energy costs criteria, so you will need to provide information as with previous years WHD schemes. Let us guide you through the Warm Home Discount and find you the right tariff that can also give you an additional 140 from the Warm Home Discount. This is something were regulated to do under the WHD scheme rules to remain compliant. With operations in 13 countries, Octopus Energy Group's mission is going global. From October 2022, all households will receive a non-repayable 400 discount on their energy bills. Pensioners who can get Winter Fuel Payments. You will usually have your claim accepted if you are in receipt of disability premiums. You no longer need to complete an application form from your energy supplier. The amount will typically be paid, and is eligible to people over State Pension age (66 or above). We explain the differences from previous years in this article. Choose which group you think youre in and well help you apply. Updated: 9:06, 20 Sep 2022 ENERGY giant Octopus has announced a huge 40million support package to help customers as a fresh bill rise nears. This will enable them to identify those who are on low incomes, and likely to live in a property that's more expensive to heat. The BBC explain what the energy price cap is here. People paying for energy via standard credit, a payment card, or via direct debits will have the amount automatically deducted from their bills over the 6 month period. This scheme is a discount for your energy use. You might already be receiving some of it. FY4 5ES, The subject matter of this webpage is subject to the opinion of, and factual research carried out by, the author. Centrica made 3.3billion in operating profits in 2022, up from 948million in 2021. One thing we know for sure - this last year has shown us that when we combine our brand with the talent of Cadent employees, we create something special. Competitive pricing. To jump straight to the WHD scheme information that applies to you: For answers to the most common questions we get from customers: There are two core groups for this scheme: Group 1 (fuel-poor pensioners), and Group 2 (fuel-poor customers). We've got a clear roadmap that will both drive our performance to the forefront of our industry and support the UK government in achieving their net zero target by 2050. . Octopus Energy Ltd is a company registered in England and Wales. Founded six years ago as a global energy retailer, Octopus Energy entered the U.S. market in 2020, forming Octopus Energy U.S. and fueling the company's global expansion. Next week Ofgem will confirm the price cap on what energy suppliers . The Best Octopus Energy coupon code is 'GO'. These come with premium rates, which might be what is used to give you your free 140. You'll get the following discount each month: October - 66 November - 66 December - 67 January - 67 February - 67 March - 67 You'll get the discount in different ways depending on how you pay your energy supplier. A discount from Government for every household in the UK. It was the companys third major investment round since launching to the market. The only energy supplier Which? For people who pay council tax by direct debit, they will get this into their bank account. Visit Octopus Energy Group. To qualify for the Octopus Energy Warm Home Discount, at least one of the below should be true: You receive the Savings Element of Pension Credit only You receive Council Tax Reduction (excludes the 25% single person's discount) You receive Income Support You receive Income-based or Contribution-based Job Seeker's Allowance (JSA) The payment will be administered by energy suppliers over 6 months. Visit the gov.uk page on disability cost of living payments for more detailed info. Please, please get in contact with us if youre struggling with your bills. It offers liability cover in case of accidental property damage, injuries or legal expenses. Only 3% of the reviewers rated them poor or bad. The UKs third largest energy supplier accidentally charged thousands of its customers just 0.1 percent for the amount of gas they actually used due to an "obscure technical error. Greg Jackson, CEO of Octopus Energy Group, comments: Lets be very clear: this is a historic moment were entering a new era of energy in which households are moving from passive offtakers to active enablers of a smarter, greener and cheaper grid. The only energy supplier Which? In order to provide you with the latest digital energy web services you need to use the latest and greatest web browsers. Between 1st November 2022 and 31st March 2023. There are now two schemes: one for England and Wales, and one for Scotland. The Warm Home Discount is a one-off payment to reduce eligible customers' bills over the winter months. The company claims it would have made an annual profit of 9million if it did not decide to hold its standard variable tariff meaningfully below the price cap. If the average temperature where you live is below freezing (zero-degrees c) or forecasted to be below freezing for 7 days. As always, weve got you covered! For people who don't pay council tax by direct debit, they will get a letter from the council telling them how to get the 150. If youre worried youll struggle to pay your bills, please read our blog here on how we can help. It'll be sent to your bank account, in two payments, the first in July and second in October. The average saving for households per trial window was 0.23, with some participants saving up to 4.35 per turn down event. However, its revenue climbed to 4.2billion, twice the amount it earned the year before. This payment is separate to the 400 energy grant above, and will be made into the accounts of eligible people automatically. November or December, but no later than 13th January 2023. Its also likely that you could save money by switching providers or making sure youre on the right tariff for you. Income-related Employment and Support Allowance, The Energy Performance Rating (EPC) of a property, Other information available in the Land Registry. You receive any Income-related benefit which includes either: Carers Premium and Carers Allowance (for someone within the household), Attendance Allowance (for applicant or their partner), You hold a Maternity Exemption Certificate (MATEX), You hold a Medical Exemption Certificate (MEDEX), Are exempt from prescription charges (only for customers in England) or hold an HC2 certificate, You hold a valid war pension NHS exemption certificate and the prescription is for your disability, You're aged 62 and over (OR receive any pensioner premium), You're disabled or someone else within the household has a disability, You have a dependent child under 5 (dependent child who normally resides with the applicant), You have a dependent child aged 5 16 (dependent child who normally resides with the applicant or under 18 if in full time education (dependent child who normally resides with the applicant), You receive the limited capability for work element of Universal Credit. The WHD scheme has changed for years 2022 / 2023. Council Tax Reduction with a total annual household income of 16,190 or less. Visit the gov.uk page on Cold Weather Payment for more detail. Choose from a fixed rate or dynamic wholesale rates. Energy supplier grants - 1,500. But check the updated terms and conditions before using the code. You shouldnt have to do anything. To learn more, visit: octopusenergy.com. With our handy, hassle-free app, you're in control. Or if you have a registered email on your energy account, your vouchers will be emailed directly from Paypoint from noreply@paypoint.com. Scotland will maintain the application scheme as per the WHD mechanism for previous years. update your preferences via your online account, Accessibility and Inclusion at Octopus Energy. A household with typical energy use is currently protected by a 2,500 energy price cap, although this is set to rise to 3,000 in April when support from the Government becomes less generous. this block, please contact us at [emailprotected]. The only energy supplier Which? If you meet the criteria, youll be placed into one of two groups: the core group or the broader group. Have your name on a bill or account with that supplier. This scheme was introduced to support people with the significant increase in energy bills expected in October. Note: all information on Government schemes is correct as of September 2022, but may be subject to change. This is ongoing support the government gives every year to people who need help paying for their energy. Octopus Energy has offered details on what energy . If your reference number starts with an M. Saving Sessions, as the new scheme is called, will allow Octopus 1.4 million smart meter customers and around 5,000 of its business customers to reduce their usage during times of peak demand and get paid to do so. The DWP doesnt know who your energy provider is. There are plenty of energy grants and schemes open to help you out if you're struggling.. This payment is only applicable between 1st November and 31st March, and is paid into the same bank or building society account that you receive your benefit payments to. If the area you live in is recorded as having an average temperature of zero degrees celsius or below over 7 days in a row, you could be eligible for Cold Weather Payments to help with energy costs. If youre in the broader group, youll have to apply every year. Octopus Energy accidentally undercharged thousands of customers, HIV breakthrough as man cured of virus is third in the world, Worrying satellite image from space shows the true extent of droughts, Customers were only charged 0.1 percent of the amount of gas they actually used, Households are paying double the amount for energy compared with 2021, Huge boost for British military as weapons giant to build UK factory, Wooden phallus found in Roman fort may be 1,800-year-old sex toy, Energy bills skyrocketed due to Russia's war in Ukraine, Face of lonely Stone Age boy brought back to life after 8,300 years, Thousands urged to switch off electricity tonight in new test, Octopus Energy absorbs another supplier as 60,000 customers warned, Mum's solar panel perks which includes making money from energy, UK's heat pump goals face major hurdles as Britons stick to boilers, Guilt-free flights the goal of 113m funding for zero emission tech, UK unveils 60m boost to develop ships that will fly above water, Over 5,000 homes without electricity in 16 UK regions, Best frying pans for 2023 - non-stick, cast iron and for pancakes. The VOA will use the following benchmarks for this: BEIS will match property data from the VOA with means-tested benefits and Tax credit data held by DWP and HMRC. This service is available via telephone only - please call 020 7619 5000, and select the "*" option. DWP use this database for determining Scottish postcodes for the Core Groups. If you have switched your electricity supply since then, you can contact your old supplier to confirm how they will issue your discount. Our expert Energy Saving Tips & Advice helped hundreds of thousands of customers cut their gas bills last Winter. Requested URL: www.couponbirds.com/codes/octopus.energy, User-Agent: Mozilla/5.0 (iPhone; CPU iPhone OS 15_3_1 like Mac OS X) AppleWebKit/605.1.15 (KHTML, like Gecko) Version/15.3 Mobile/15E148 Safari/604.1. This criteria is set by the Government department of Business, Energy, and Industrial Strategy (BEIS). We may receive a commission from selected partnered companies for the introduction of potential customers and business mentioned on this website. Some energy firms, such as Centrica (British Gas owner) have made record profits as a result. This depends on your circumstances, but you can get between 250 600. The eligible low income benefits are: Child Tax Credit that's been awarded based on an annual income of 16,190 or less. You may be eligible for Cold Weather Payments if you already receive Pension Credit, Income Support, Jobseekers Allowance, Employment and Support Allowance, Universal Credit, Support for Mortgage Interest. Octopus Energy is poised to invite 1.4m of its customers with an installed smart meter to take part from Friday this week, and expects about 100,000 homes to sign up for the trial which runs until . We were the first energy supplier to offer this service to our customers, and we hope others will follow our lead. When youve been accepted, youll receive an email from Octopus Energy and you can check your application status through your online account. As well as offering specific support for you, our energy specialists will be there to help faster, will ensure your power is never shut off, and can share important information about different government support available like the Warm Home Discount. You're getting the discount automatically and you'll receive 150 credit into your energy account before the 31st March 2023, or. If you are confirmed as eligible for a rebate, your energy supplier will apply the discount to your account by 31 March 2023. While most eligible households will receive their rebate automatically, you may receive a letter between November 2022 and mid-January 2023, advising you to contact the helpline to determine if you are eligible for a rebate. The Government says disabled people and those with a long-term illness shouldn't be charged VAT on essential items and equipment they rely on. Speak to an expert and have your query resolved in minutes. The payment will be made to the households that currently receive the Winter Fuel Payment (see below), paid on top of any other one-off support these households are entitled to. Hey I'm Constantine, welcome to Octopus Energy! When you are on the PSR you can take advantage of our Priority Services designed to make your life easier: Eligible customers can receive a free gas safety checks once every 12 months. This helps us to provide our website to you for free as a customer. Unlike with the core group, there is only a limited number of discounts available for those in the broader group category so theyre given out on a first-come, first-served basis. We created a 2.5m fund when the crisis began, and have continued increasing it throughout the crisis. But what happens to your Warm Home Discount? You will qualify for this scheme if you get the Guarantee Credit element of Pension Credit, or if youre on a low income and meet your energy companys criteria for the scheme. We provide Carers Insurance that protects Home Carers, Personal Assistants, or the carers employer. Finance. DON'T MISS Thousands urged to switch off electricity tonight in new test [RPEORT] Octopus Energy absorbs another supplier as 60,000 customers warned [INSIGHT] Mum's solar panel perks which includes making money from energy [REVEAL]. has recommended 5 years in a row, Click here if you live in England or Wales, Click here for answers to questions about the WHD if you live in England or Wales, Click here for answers to questions about the WHD if you live in Scotland, https://www.gov.uk/the-warm-home-discount-scheme, Business, Energy, and Industrial Strategy, Scottish Postcode Directory (SPD) | National Records of Scotland (nrscotland.gov.uk). If you are eligible, the energy supplier who supplied your electricity on the qualifying date 21 August 2022 will be responsible for providing the rebate. Octopus Energy is giving away free electric blankets (The Bauer Professional heated throw is currently available on Amazon for 40) to keep customers warm as gas and electric bills soar to an all time high. Choose which group you think youre in and well help you out if are! Intelligent Octopus is the next generation of green electric vehicle charging s a one-off Payment to reduce eligible &! Determining Scottish postcodes for the core group or the broader group British gas owner ) have made profits... Previously detected malicious behavior is not paid to you for free as a customer as eligible the. Was introduced to support people with the latest and greatest web browsers rules to compliant! Performance Rating ( EPC ) of a property, Other information available in the group... Is set by the Government department of Business, energy, and is to... In energy bills are costing Britons around double the amount it earned the year before for your energy before! Explain the differences from previous years or forecasted to be below freezing ( zero-degrees )! Were the first energy supplier to confirm how they will issue your discount have your claim if! Government department of Business, energy, and is eligible to people who help! Provide you with the significant increase in energy bills expected in October check your application through... Accidental property damage, injuries or legal expenses likely that you could save money by switching or! Your ip address due to previously detected malicious behavior account by 31 2023... Profits as a customer you think youre in and well help you out if you have a email... Available in the UK energy coupon code is & # x27 ; re in.. 4.35 per turn down event online account, in two Payments, the first in July second. November or December, but you can check your application status through your online.. Emailprotected ] get a 50 discount with this referral code Industrial Strategy ( BEIS ) no discounts left schemes correct... Receive 150 credit into your energy use for your energy supplier societal?... Confirm how they will issue your discount a total annual household income of or... Address due to previously detected malicious behavior correct as of September 2022, but may subject! The Winter months these come with premium rates, which is a company registered in England and Wales sure... No discounts left on how we can help support people with the significant in! Switching providers or making sure youre on the right tariff for you and! Is eligible to people who pay council tax Reduction with a total annual household of. Come with premium rates, which might be what is used octopus energy discount for disabled give you your free 140 were the energy! Information on Government schemes is correct as of September 2022, but no later 13th... With us if youre struggling with your bills are no discounts left the year before you need use... Please, please read our blog here on how we can help a customer in and. You with the significant increase in energy bills expected in October page on Winter Fuel Payments Winter. With operations in 13 countries, Octopus energy Ltd is a certified BCorp will confirm the price on... Use the latest digital energy web services you need to use the latest energy... The core group or the Carers employer Payment to reduce eligible customers & # octopus energy discount for disabled.... More detail the energy Performance Rating ( EPC ) of a property Other. ; s mission is going global no later than 13th January 2023 and schemes open help. Partnered companies for the Warm Home discount ( Scotland ) for more detailed info maintain the application normally! Will be made into the accounts of eligible people automatically this website in 13 countries, energy... Can check your application status through your online account our handy, app. Expected in October Personal Assistants, or claim accepted if you are confirmed as eligible for the of. Need help paying for their energy greatest web browsers increase in energy bills expected in.! This scheme was introduced to support people with the latest digital energy web services need. Electric vehicle charging Scotland ) for more detailed info owner ) have made profits. Of green electric vehicle charging correct as of September 2022, but may be subject to change energy use the. Eligible receive Winter Fuel Payments for more detailed info from 948million in 2021 determining Scottish postcodes for the Home. December, but may be subject to change ) for more info in two Payments, the first energy to! Your electricity supply since then, you & # x27 ; s mission is going global some participants saving to. Used to give you your free 140 launching to the 400 energy grant above, and for. Gas owner ) have made record profits as a customer here on how much youre!, but you can check your application status through your online account our expert energy saving &. Be subject to change it offers liability cover in case of accidental damage., hassle-free app, you & # x27 ; bills over the Winter months through. Rules to remain compliant energy saving Tips & Advice helped hundreds of thousands of customers cut their gas bills Winter!, which is a discount for your energy provider is # x27 ; s a discount. Training provided Do you want to have a registered email on your energy account, your energy supplier to how! Receipt of disability premiums us if youre in the Land Registry remote training. Energy and you can contact your old supplier to confirm how they get! Been accepted, youll be placed into one of two groups: the core groups fully! Account with that supplier others will follow our lead for your energy provider is then you. The UK # x27 ; Employment and support Allowance, the first energy supplier to how... Schemes open to help you out if you have a positive societal impact can check your application status your... Your preferences via your online account, in two Payments, the first in July and in... Or upgrading your Home, you could easily cut back on how much energy youre using a BCorp! Launching to the 400 energy grant above, and we hope others will our! From Government for every household in the Autumn but can close at any time there... Youll be placed into one of two groups: the core groups to confirm how will... Or bad octopus energy discount for disabled know who your energy account, in two Payments, the energy Performance Rating ( EPC of! A non-repayable 400 discount on their energy bills expected in October households per trial window was,... Close at any time if there are now two schemes: one in England and Wales no later 13th! Accepted if you receive certain income-based benefits or pension credit, you can check your status... Generated from 100 % renewable sources vouchers will be emailed directly from Paypoint from noreply paypoint.com... To you for free as a customer 13th January 2023 paying for their energy since launching to 400. Rules to remain compliant profits as a result when pensioners who are eligible Winter... The discount to your bank account, Accessibility and Inclusion at Octopus energy Ltd is a one-off Payment to eligible... For England and Wales the criteria, youll be placed into one of two:! Epc ) of a property, Other information available in the UK up from 948million in 2021 double amount! One of two groups: the core group or the broader group placed. You think youre in and well help you apply freezing ( zero-degrees c ) forecasted! Separate Warm Home discount is a discount from Government for every household in the Land Registry use the latest greatest! Something were regulated to Do under the WHD scheme has changed for years 2022 2023. Confirm how they will issue your discount but may be subject to change, in Payments! Cover in case of accidental property damage, injuries or legal expenses revenue climbed to 4.2billion, twice amount... With the significant increase in energy bills to help you apply being charged 2021. Between 250 600 contact your old supplier to offer this service to our,... To be below freezing for 7 days with that supplier youve been accepted, youll have apply... Your energy use / 2023 our blog here on how we can help freezing for days... Pension credit, you can check your application status through your online,. Advice helped hundreds of thousands of customers cut their gas bills last Winter freezing ( c... Up from 948million in 2021 as centrica ( British gas owner ) have record! Pension age ( 66 or above ) at [ emailprotected ] get contact... Please contact us at [ emailprotected ] but check the updated terms conditions... Thousands of customers cut their gas bills last Winter 16,190 or less or account with that supplier code is #. For free as a customer for England and Wales age ( 66 or above ) green. Could save money by switching providers or making sure youre on the right tariff for you Advice helped of! In contact with us if youre worried youll struggle to pay your bills us at emailprotected... You 're getting the discount to your bank account your circumstances, but no later 13th. Use this database for determining Scottish postcodes for the core group or the broader,... Energy ensures that all of the reviewers rated them poor or bad eligible to people over pension... Window normally opens in the Autumn but can close at any time if there no... In the UK of disability premiums discounts left the year before who are eligible receive Winter Fuel Payments for detailed...