Octopus Energy extends ‘Fan Club’ into West Yorkshire
Published by Abi Larkin,
Editorial Assistant
Energy Global,
Octopus Energy Generation, one of Europe’s largest investors in renewable energy, is accelerating the rollout of its popular ‘Fan Club’ model by launching its third local wind tariff in Halifax, West Yorkshire, UK.
The latest addition to the ‘Fan Club’ is bigger than its predecessors. The 2 MW wind turbine built by Siemens is part of the Ovenden Moor wind farm and generates enough home-grown green energy to power 2000 homes for one year (five times more than the company’s first two ‘Fans’).
Octopus Energy’s ‘Fan Club’ is a unique tariff providing cheaper energy when the wind blows, with a discount of up to 50% off the unit rate. It can save customers up to £350 on their annual energy bill. Customers who want to plan energy-intensive tasks according to times when their local power is cheaper can use the company’s ‘Fan Club’ dashboard, which provides information such as local wind speeds.
Since launching the ‘Fan Club’ in January 2021, 10 000 people got in touch with Octopus asking for a wind turbine near their home. Recent research by Opinion Matters shows 9 in 10 people support a wind turbine in their community if it meant cheaper energy.
This is the latest step in Octopus’ roll-out of local renewable energy. It comes shortly after its announcement of its new partnership with wind turbine manufacturer EWT to repower hundreds of existing older onshore wind turbines in the UK. In the future there’s also potential to bring the repowered wind turbines onto a Fan Club-style model.
Octopus manages 3.2 GW of renewable energy assets across Europe. The company is stepping up its generation capabilities with plans to have at least 1000 wind turbines on its ‘Fan Club’ in the UK by the end of the decade.
Zoisa North-Bond, CEO of Octopus Energy Generation, commented: “We’ve been blown away by the volume of requests and positive sentiment towards our Fan Club, which offers people 100% local green energy at discounted rates.
“Welcoming customers onto our Number 3 Fan in Halifax means more people can benefit from cheap, green energy when it’s abundant locally. This is especially important as people are facing much higher energy bills this winter.
“But we are not going to stop here – we are working round the clock to add many more wind turbines to our Fan Club model, putting money back into people’s pockets whilst driving renewables at scale.”
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Read the article online at: https://www.energyglobal.com/wind/19082022/octopus-energy-extends-fan-club-into-west-yorkshire/
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