Octopus Energy has partnered with housebuilder Verto to launch a Zero Build initiative that guarantees customers who move into homes with green energy technology will have no energy bills for at least five years.
Residential heating currently represents around 13% of the EU and UK’s total carbon emissions.
With the zero bills initiative, Octopus zero bills homes director Michael Cootrell hopes to make “make energy bills and home emissions a thing of the past.”
Together, the companies will deliver a total of 70 homes across two sites in Cornwall and Exeter which will include multiple open market and affordable homes and the first ‘Zero Bills’ retrofit properties – proving that both new and existing properties can be outfitted to exist without energy bills.
Subscribe to Sustainability Beat for free
Sign up here to get the latest sustainability news sent straight to your inbox each morning
The partnership marks the next step in Octopus’ mission to deliver 10,000 ‘Zero Bills’ homes by 2025, with the aim to roll out the initiative across the UK and Europe.
Verto co-founder Tom Carr said the initiative “represents a sea-change in sustainable housing”.
“But this is just the beginning – we have several other exciting projects in the pipeline with Octopus, and we’re proud to be at the forefront of this movement,” he added.
