Property hunters could slash their annual energy costs by more than £2,350 by opting for greener homes, following a new collaboration between Britain’s biggest energy supplier and its largest property platform.
Octopus Energy and Rightmove have announced a partnership designed to help millions of people searching for homes identify properties with superior environmental credential
The initiative will see Rightmove introduce a dedicated Zero Bills label on its listings, enabling developers to showcase properties that qualify for Octopus’s innovative Zero Bills smart tariff.
According to Rightmove’s Energy Bills Tracker, those moving from a standard EPC D-rated property to a Zero Bills home stand to make substantial savings.
The Zero Bills tariff represents a world-first offering that eliminates household energy costs entirely for periods spanning five to ten years.
To qualify for this groundbreaking guarantee, properties must be fitted with a combination of cutting-edge green technology, specifically heat pumps, battery storage systems and solar panels.
The two companies have committed to developing additional tools and resources that demonstrate how modern low-carbon technology can reduce household expenses whilst simultaneously increasing property values.
Research conducted by Octopus Energy reveals that nine out of ten homeowners who have installed heat pumps express satisfaction with their decision, with 94% reporting their homes feel equally or more comfortable than when heated by traditional gas boilers.
The housing market is witnessing a notable shift towards environmentally friendly features. Rightmove’s data indicates that references to heat pumps in property advertisements have surged by 46 per cent compared to the previous year.
Solar panel mentions have similarly climbed, recording a 37 per cent year-on-year increase across listings on the platform.
These figures suggest that green technology is increasingly becoming a key selling point for properties.
The Zero Bills initiative offers Britons a lower rate mortgage if they opt for buying a sustainable home
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PAThe partnership between the energy supplier and property portal aims to capitalise on this growing appetite for sustainable homes, with plans to highlight how advanced low-carbon systems can enhance both household finances and property worth.
Greg Jackson, Founder and CEO of Octopus Energy, commented: “Most people now know someone benefitting from a cost slashing electric car, and savvy homeowners are starting to search for houses with solar panels and heat pumps too.”
He added: “We’re delighted to team up with Rightmove to help their home-movers spot the greener homes of the future.”
Octopus Zero Bills property could save over £2,350 a year
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GETTYJohan Svanstrom, CEO of Rightmove, said: “Helping home-movers navigate to a greener future is a priority for Rightmove, and we provide many forms of information for homes-related sustainability.”
He expressed enthusiasm about partnering with Octopus Energy to expand opportunities and boost both awareness and uptake of sustainable housing options.