Search: Octopus Energy

Octopus Energy US has launched Octopus Charge, a map-based app providing information on 211,221 EV chargers across the United States, including charging speed, connection type and station operator details. The platform builds on Octopus' Electroverse charging map in Europe, which launched in 2020 and now covers more than one million EV chargers across the continent through collaborations with multiple chargepoint operators.

Why it matters: The database aggregates public charging infrastructure data into a single platform, potentially influencing how drivers discover and access CPO networks. For operators, inclusion in such aggregation platforms is becoming a competitive necessity to maintain visibility in an increasingly fragmented US charging market.

Octopus Energy US has introduced Octopus Charge, a single app offering access to tens of thousands of charging stations across the United States and Canada. The programme builds on the success of the company's Electroverse platform in the UK and Europe, which since 2020 has grown to provide access to more than one million public charge points across more than 40 countries. Notable networks including Tesla, Electrify America, IONNA and Walmart are not yet listed among participating charge point operators.

Why it matters: A unified payment and access platform could simplify procurement decisions for fleet operators managing multi network charging needs and reduce driver friction at public infrastructure. The absence of major US networks limits immediate utility, but the model's European scale suggests potential for broader North American interoperability if adoption grows.

More than 500,000 drivers in the UK now use Octopus Energy's Intelligent Octopus Go home charging tariff, which charges 8p per kilowatt hour. Based on the average 7,600 miles per year, drivers save over £850 annually compared to running an equivalent petrol car, with electric running costs at around 2p per mile. The UK has an estimated 1.4 million home EV chargers installed.

Why it matters: The half million customer milestone demonstrates strong residential demand for time of use tariffs that lower charging costs, a key factor for CPOs and housing developers planning home charge point rollouts. The £850 annual saving figure provides a concrete business case for domestic charge point procurement and installation programmes.

A growing number of UK electric vehicle drivers are using smart chargers paired with automated tariffs to reduce charging costs without manual intervention. Intelligent Octopus Go, described as the UK's most popular EV tariff, offers a guaranteed overnight rate of 8p per kWh and automatically schedules charging when energy is cheapest. The approach eliminates the need for drivers to manually set car timers each night.

Why it matters: Automated smart charging tariffs are reshaping residential EV charging behaviour and may influence procurement specifications for home charger installations. CPOs and installers should understand how tariff integration affects hardware compatibility requirements and customer expectations for seamless energy management.

The German Ministry of Economic Affairs held the third European Summit for Bidirectional Charging, highlighting cross-border progress since 2023 while acknowledging domestic delays in enabling drivers to support the grid. BMW has launched Germany's first commercial V2G service with E.ON, Ford plans a summer 2025 launch with Octopus Energy, Volkswagen targets Q4 2026 through Elli, and Renault and Mercedes aim for late 2025 offerings with The Mobility House. Bidirectional-ready models now include the Renault 5, Ford Capri and Explorer, several Volkswagen vehicles, the Mercedes GLC and BMW iX3, plus a recent MAN electric truck demonstration.

Why it matters: Procurement teams and charge-point operators tracking V2G infrastructure need to align hardware and software roadmaps with staggered OEM launches from 2025 to 2026. Germany's regulatory bottlenecks may delay grid-service revenue streams compared to faster-moving European markets, affecting business-case timelines for bidirectional depot and public charging investments.

Octopus Electric Vehicles reported a 36 per cent rise in EV leasing enquiries since late February, driven by drivers seeking cost certainty as Middle East conflict pushes fuel prices higher. Autotrader confirmed used EV enquiries reached record levels on its marketplace during the same period, while sister firm Octopus Energy saw solar enquiries climb 27 per cent. The surge reflects consumer concern over fuel cost volatility linked to geopolitical instability.

Why it matters: A sharp uptick in EV demand signals accelerating fleet electrification and stronger business cases for workplace and destination charging infrastructure. Sustained interest will increase pressure on charge point operators to expand capacity and on procurers to secure sites ahead of competition.

Octopus Energy reported March 2026 as its biggest month for enquiries and sales, with solar installations up 54% month on month, heat pumps up 51% (1 to 22 March) and EV charger sales rising 20%, as gas prices hit 12 month highs amid the US and Israel war with Iran. East Anglia leads UK installations, and Octopus has launched a fast track programme replacing oil boilers with heat pumps in as little as 10 days from quote to install. Energy independence has become the top driver for households switching away from fossil fuels, according to the supplier.

Why it matters: A 20% jump in home charger sales signals that geopolitical volatility is accelerating domestic electrification procurement, creating immediate pipeline growth for installers and charge point suppliers. The 10 day oil to heat pump turnaround also shows how streamlined delivery models can unlock rapid retrofit demand, a template relevant to bundled EV charger offerings.

Analysis by the Energy and Climate Intelligence Unit shows UK EV drivers could save the equivalent of £200 per year compared to petrol vehicle owners, driven by falling charging costs and rising fuel prices linked to Middle East conflict. Octopus Energy will cut its overnight EV charger tariff to 5.5 pence per kWh from 1 April. The findings come amid significant charging deployment announcements from Voltempo, TotalEnergies, ESB Energy, Evolt Charging, Ionity and others across the UK.

Why it matters: Lower charging costs and widening price gaps with petrol strengthen the commercial case for workplace and destination charging investments. The tariff cuts and deployment activity signal growing confidence in UK EV infrastructure demand, relevant for CPOs planning site rollouts and procurement teams evaluating long term operating economics.

NTPC Limited, India's largest integrated power utility, signed a memorandum of understanding with UK based Octopus Energy Group on 19 March 2026 at the Bharat Electricity Summit 2026. The non binding framework covers cooperation in electricity distribution, renewable energy, storage, and electric vehicle charging infrastructure, alongside digital energy platforms and capacity building. Partnership activities will focus on India and the United Kingdom, with potential to extend to other geographies.

Why it matters: The MoU signals potential for Octopus Energy's digital platforms and market models to shape EV charging rollout in India, where NTPC's scale could accelerate infrastructure deployment. Procurement teams and CPOs should monitor whether this translates into tenders or joint ventures that blend utility scale investment with customer facing charging technology.

Octopus Energy will reduce its Intelligent Go overnight charging tariff from 7p per kWh to 5.5p per kWh from 1 April, enabling EV running costs below 1.5p per mile. Analysis by the Energy & Climate Intelligence Unit shows this cut, combined with petrol rising to £1.50 per litre due to Middle East conflict, could increase annual EV savings from £850 to £1,040 compared to petrol vehicles. Electricity price caps in place until June will protect EV drivers from energy market volatility affecting petrol costs.

Why it matters: Widening cost differentials strengthen the business case for fleet electrification and workplace charging infrastructure, while tariff competition among suppliers may drive demand for smart charging hardware that unlocks off peak rates. The analysis provides procurement teams with updated total cost of ownership figures to justify capital investment in charging networks.

Octopus Electroverse is extending its Plunge Pricing scheme to France through a partnership with CPO Powerdot, offering drivers using the Electroverse app discounts of up to 50% when wholesale electricity prices are low. The move follows a supply deal in which Octopus Energy's French retail arm will provide Powerdot's network with energy from Octopus Group renewable assets. In the UK, where Plunge Pricing launched in 2024, the scheme has saved drivers just under £100,000.

Why it matters: The partnership demonstrates how vertically integrated energy and charging platforms can use dynamic pricing to compete on cost, a model that may pressure other CPOs to secure similar supply arrangements or risk losing price sensitive customers. For procurement teams, it highlights the growing importance of flexible tariff structures tied to renewable generation when evaluating charging network contracts.

Digital transformation firm Futurice has published its 2026 Electric 40 report, ranking UK and UK-operating eMobility companies across charging, energy and battery intelligence. Startup Axle Energy, founded in 2023, took first place after connecting more than 100,000 devices to UK energy markets via a single API that turns chargers and home batteries into grid-responsive assets. Octopus Energy placed second, now Britain's largest domestic supplier and operator of the Electroverse roaming platform linking over one million chargers globally. The report arrives as the UK installed almost 90,000 public charge points and registered nearly half a million new battery electric vehicles in 2025.

Why it matters: The ranking signals growing investor and procurement interest in software and aggregation layers that monetise flexibility and vehicle-to-grid services, not just hardware deployment. CPOs evaluating partnerships or white-label energy products now have a curated shortlist of platforms proven to integrate charging with wholesale and balancing markets at scale.

Andersen EV and Octopus Energy are offering six months of free EV charging, worth approximately £234 and 4,370 miles, to customers purchasing an Andersen charge point from 1 March 2026. The promotion applies to Andersen's full product range, including the A3, A2 and Andersen Quartz models, and is delivered via Octopus Energy's Intelligent Octopus Go smart tariff. The offer coincides with the UK's March registration plate change and follows government expansion of EV charger installation grants to cover almost half of typical installation costs.

Why it matters: The bundled hardware and energy offer creates a new competitive benchmark for residential charge point sales, potentially accelerating home installation volumes during a key vehicle sales period. For installers and distributors, the promotion signals tighter integration between equipment suppliers and energy retailers, which may reshape channel economics and customer acquisition strategies in the home charging segment.

Octopus Energy has introduced Octopus Fleet, a service designed to help UK businesses transition to electric vehicles by bundling tariffs, chargers and battery installations. The offering includes access to Octopus Electroverse, which connects fleets to more than 1.3 million charge points worldwide through partnerships with Ubitricity, Shell Recharge, MFG, InstaVolt, Osprey and Gridserve. A Fleet Charging Card and Visa powered Business Payments Card are also part of the package.

Why it matters: The service addresses a key barrier for fleet electrification by consolidating charging infrastructure access and payment systems, potentially accelerating commercial EV adoption in the UK. For charge point operators, the Electroverse integration offers a route to higher utilisation through Octopus's corporate customer base.

UK charge point manufacturer VCHRGD has integrated its chargers with Octopus Energy's Intelligent Octopus Go smart tariff, giving customers access to charging rates as low as £0.07 per kWh. The tariff automatically schedules charging during the cheapest and greenest periods to reduce costs and grid demand. VCHRGD says the integration will help fleet operators, resellers and installers reduce running costs and meet higher demand for tariff compatible chargers.

Why it matters: The integration gives installers and fleet buyers a cost argument for VCHRGD hardware, with sub 10p per kWh rates potentially lowering total cost of ownership in tenders. It also signals continued convergence between charge point OEMs and energy suppliers, a factor procurement teams increasingly weigh when shortlisting equipment.