Octopus hands out energy referral payments

Octopus Energy has launched the UK’s first heat pump and solar referral scheme as the company attempts to build capacity in its renewables drive.

Since October Octopus has paid out nearly £100m in referrals to customers, and the referral offer will give anyone who gets a heat pump or solar system installation from Octopus the option to refer friends and family for their own. Those referring will be given £100, while those having the technology installed will get a £100 discount on the fitting.

The offer comes as the Government seen increased demand for its Boiler Upgrade Scheme (BUS) grant, and with the £7,500 Boiler Upgrade Scheme grant Octopus Energy heat pump can costs as little as £500. Octopus states that some households could save over £200 a year compared to running a boiler.



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