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Octopus Energy Group is a British renewable energy group. It was founded in 2015 with the backing of Octopus Group, a British asset management company.Headquartered in London, the company has operations in the United Kingdom, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States.
Octopus Energy was established in 2015 as a retail electricity and gas supplier in the UK, and by December 2019, had over 1.35 million domestic and business customers. . Under the Octopus Energy Group brand, it has expanded into energy for business and energy services, and licences its customer handling software to other energy supp
In September 2023, it was reported that Octopus Energy would acquire Shell's household energy business in the UK and in Germany, in a deal expected to complete in late 2023. Octopus would take over providing energy for 1.4 million homes as well as broadband services for 500,000 customers. [ 28 ]
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Households making use of the new finance products will be able to buy and install Octopus solar panels, spreading to cost in up to 84 monthly payments over seven years.
Closer to home, it recently became the largest domestic electricity supplier in the UK by customer numbers, after the company added 1.3 million customers via its takeover of Shell Energy last year.
Gas, 100% renewable electricity and customer service are supplied by Octopus Energy. [5] The Authority states that any profits will be invested into delivering the Mayor's social and environmental goals. [6]
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related to: switch over to octopus energy customer servicepowersetter.com has been visited by 10K+ users in the past month