Residents won’t pay energy bills for 10 years at Cambridgeshire development

Residents have been promised they “won’t have to pay a penny” for their home energy for at least five to 10 years

Residents moving into a new 300-home developmemnt in a Cambridgeshire town won’t have to pay an energy bill for at least 10 years. Octopus Energy, the UK’s largest energy supplier, has teamed up with Prosperity Group where they plan to build the 300 “Zero Bills” homes at a site on Sandy Lane in Wisbech.

The homes are due to be completed in 2028, with residents expected to move in later that year. Octopus launched the world-first Zero Bills energy tariff in 2022, which allows customers to move into homes packed with “cutting-edge green tech” including a heat pump, a battery and solar panels. The green tech means that they don’t have to pay an energy bill for at least five to 10 years.

Nigel Banks, Zero Bills director at Octopus Energy, said: “We’re finding ourselves in yet another energy crisis, and households are looking for ways to protect themselves from unpredictable energy prices. Living without a home energy bill is no longer a distant ambition – it’s a reality thanks to our Zero Bills tariff.

“This partnership with Prosperity Group is a big step forward – together, we’re bringing Zero Bills living to hundreds of homes and showing what’s possible when smart tech is built in from day one.”

Octopus Energy aims to deliver 100,000 Zero Bills homes by 2030, and has already rolled out the initiative in Germany, France, New Zealand, and the UK.

Demand for these technologies is reportedly rising, according to new data from Octopus Energy. It shows that heat pump sales are up 103 percent, solar panel sales up by 78 percent, and EV charger enquiries are up 42 percent. The Zero Bills tariff does not cover EV charging as this service is charged separately.