Octopus Energy has launched a significant initiative in partnership with Together Housing Group, a prominent housing association based in Northern England. This collaboration introduces the innovative Tenant Power tariff to approximately 1,500 social homes, offering substantial financial relief to residents.
Substantial Savings for Social Housing Tenants
The Tenant Power tariff is designed to provide genuine savings for social housing tenants, with energy bills reduced by up to £200 annually compared to standard variable tariffs. This initiative aims to alleviate financial pressures while promoting sustainable energy practices.
Positive Feedback from Residents
One resident, Richard from Halifax, shared his experience, stating: "I love that my bills are lower thanks to Octopus' initiatives - the process was quick and easy and it really makes a huge difference." He added, "It's a bonus knowing I'm making the most of the sunshine with solar panels, and doing something good for the planet too."
Expert Insights on the Partnership
Nigel Banks, Zero Bills Director at Octopus Energy, commented: "Tenant Power is the UK's only practical solution that ensures both tenants and landlords share in the benefits of low carbon technology. By joining forces with Together Housing Group, we're delivering affordable, greener energy to thousands of social homes, making a real impact on communities and people's pockets."
Patrick Berry, Executive Director of Property at Together Housing Group, emphasised their commitment: "We are committed to improving the lives of our residents and strengthening the communities we serve. For some time, we have been working to find a way to deliver cheaper power to our residents, reduce our carbon impact and help us pay for the solar investment. By working with Octopus and the Tenant Power tariff, we can deliver these benefits at a large scale across our communities."
Regional Support and Investment
Tracy Brabin, Mayor of West Yorkshire, highlighted the broader regional benefits: "We're joining forces to slash energy bills for hundreds of households in the region. With over £3 million of new investment, we're supporting Together Housing Group to install solar panels and reduce household emissions. By making homes warmer to live in and cheaper to run, we'll put more money in people's pockets and create a fairer, greener region."
This partnership represents a significant step towards combining environmental sustainability with economic relief for vulnerable households, setting a precedent for future collaborations in the social housing sector.
