Overview
- The first phase covers Wixams in Bedfordshire and Tewkesbury in Gloucestershire, with residents guaranteed no home energy costs for ten years.
- Initial properties are due in 2026, with both companies evaluating additional UK locations for further phases.
- Homes will come with rooftop solar, a heat pump, battery storage and an EV charger to enable the no-bill tariff.
- Octopus’s £100m Affordable Housing Fund is expected to unlock more than 1,000 properties across England and Scotland as part of the wider scale-up.
- The company reports over 5,000 approved homes with UK developers across multiple tenure types, and the initiative has drawn public support from government ministers.