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HomeRenewablesenergy marketsOctopus launches first solar donation trial

Octopus launches first solar donation trial

Octopus Energy has launched a trial that enables solar customers to donate the value of their surplus energy to help people facing fuel poverty.

This initiative, called Octopus Solar Sharing, is a “world-first” scheme that allows households with excess solar energy to contribute to the National Energy Action (NEA) charity or to Octopus’s Octo Assist fund, which is dedicated to assisting customers in need.

Many homes with solar panels produce more electricity than they consume.

While energy suppliers usually let customers sell their surplus energy back to the grid, Octopus Solar Sharing offers a new way to support important causes instead of keeping the profits.

For every kilowatt-hour donated, Octopus will add 15p directly to the chosen charity.

The scheme starts with NEA and Octo Assist, with plans to include more charities in the future.

Energy Live News
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This article first appeared on Energy Live News, an award winning news service. Their mission is to give you balanced news, analysis, commentary of energy from their dedicated team of quality journalists and production staff.
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