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ASA Bans Octopus Energy’s ‘From £500’ Heat Pump Advert

The ASA has told Octopus to hold robust evidence for future ‘from’ price claims; ads must include material information on government grant eligibility

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Overview

  • The ASA ruled that only 5.8% of Octopus’s heat pump installs met the £500 price when the ad ran, falling below the 10% threshold required by CMA guidance for ‘from’ claims.
  • The regulator found the advert failed to state that the £500 cost depended on meeting eligibility criteria for the Boiler Upgrade Scheme grant.
  • Octopus has been ordered not to reuse the ad in its current form and must ensure any future ‘from’ price promotions are backed by robust evidence and full disclosure.
  • Octopus Energy disputes the decision, citing data that 13.9% of its customers paid £500 or less and survey results indicating consumer understanding of the grant-funded price.
  • Octopus plans to report British Gas to the ASA for allegedly running similar ‘from £500’ heat pump cost claims without sufficient substantiation.