Skip to content 
Search

Latest Stories

Octopus Energy unveils first smart home EV charger to cut charging costs

The new Octopus Charge device connects to the energy supplier’s proprietary Kraken platform

Octopus Energy Unveils Smart Home EV Charger to Slash Charging Costs

It follows a broader strategy by Octopus Energy to offer home energy hardware

Getty Images

Octopus Energy, the UK’s largest electricity supplier, has launched its first home electric vehicle (EV) charger, named Octopus Charge. The charger is designed to integrate with the company’s smart energy system to enable cost-effective and environmentally friendly charging.

Smart charging through Kraken platform

The new Octopus Charge device connects to the energy supplier’s proprietary Kraken platform, which automatically adjusts charging to coincide with times when electricity is cheapest and greenest. This enables EV owners to take advantage of lower rates and reduce their carbon footprint.


The charger also integrates with Intelligent Octopus Go – a smart EV tariff – and the recently launched Drive Pack tariff. The latter allows for unlimited overnight EV charging at home for £30 per month, making it a potentially attractive option for frequent drivers.

Limited early access and launch schedule

Initially, the charger will be available to customers who use Octopus Energy’s EV leasing service. A wider rollout to all Octopus Energy customers is scheduled for August 2025.

To promote early adoption, the first 100 customers to install the charger will receive up to 5,000 miles of free charging. This promotional offer equates to enough electricity to travel the full length of the UK from Land’s End to John o’ Groats and back.

Expanding low-carbon home technology

Although Octopus Charge is the company’s first EV charger, it follows a broader strategy by Octopus Energy to offer home energy hardware. In September 2023, the company introduced the Cosy 6 heat pump at the Energy Tech Summit in London. The product aimed to reduce upfront costs for consumers and encourage the adoption of low-carbon heating solutions.

Building on this, the company launched the Cosy Octopus tariff in June 2024, specifically tailored for heat pump users. Both moves align with Octopus Energy’s goal to help UK households transition to greener, more efficient energy usage.

Rebecca Dibb-Simkin, chief product officer at Octopus Energy, said the company was “delighted” to launch its first charger. “Charging at home is already better than queueing up at the petrol station – and now we’ve made it even simpler,” she said.

Home charging key to EV affordability

Data shows that the cost of charging an EV at home is significantly lower than using public charging infrastructure. Analysis by Cornwall Insight reveals that home charging – especially on off-peak tariffs – can save drivers as much as £1,500 per year compared to public chargepoints.

Despite this, widespread access to home charging remains a challenge. While around 80% of EV drivers currently benefit from home charging, approximately 75% of UK homes do not have a private driveway, limiting access to at-home installation.

Policy changes aim to remove barriers

Until recently, installing a home EV charger often required a planning application, which added complexity and cost. However, a recent policy change by the UK government has eliminated the need for planning consent for home and business EV charger installations.

According to the Department for Transport, the change could save households around £1,100 on average, helping more people afford home charging setups and supporting the broader transition to electric vehicles.

More For You

LET Mining: The world's leading cloud mining platform, the best way to earn passive income

LET Mining: The world's leading cloud mining platform, the best way to earn passive income

Today, as the digital economy continues to evolve, passive income is no longer a wealth tool exclusive to the rich, but something that everyone can touch and participate in. With the integration of blockchain technology and green energy, LET Mining is providing global users with a new way of passive income: no operation, zero technical threshold, and daily income.

What is LET Mining?

LET Mining is an innovative cloud mining service platform that simplifies the complex cryptocurrency mining process into a few simple steps through cloud computing technology, allowing ordinary users to easily participate in digital currency mining and obtain stable passive income without purchasing expensive hardware equipment or mastering professional technical knowledge.

Keep ReadingShow less
JLR Tata

A logo is pictured outside a Jaguar Land Rover new car show room in Tonbridge, south east England.

JLR Q1 sales dip as US tariffs hit exports

Jaguar Land Rover (JLR) reported a 10.7 per cent drop in sales for the April–June quarter, as a temporary pause in shipments to the United States and the phase-out of Jaguar’s legacy models weighed on volumes.

The company, owned by India’s Tata Motors, sold 87,286 units to dealers worldwide during the quarter, compared to 97,755 units in the same period last year.

Keep ReadingShow less
Bangladesh seeks US deal to shield garment industry from tariffs

Workers are engaged at their sewing stations in a garment factory in Savar, on the outskirts of Dhaka, on April 9, 2025. (Photo by MUNIR UZ ZAMAN/AFP via Getty Images)

Bangladesh seeks US deal to shield garment industry from tariffs

BANGLADESH, the world's second-biggest garment manufacturer, aims to strike a trade deal with the US before Donald Trump's punishing tariffs kick in next week, said the country's top commerce official.

Dhaka is proposing to buy Boeing planes and boost imports of US wheat, cotton and oil in a bid to reduce the trade deficit, which Trump used as the reason for imposing painful levies in his "Liberation Day" announcement.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Bond yields ease following Starmer’s support for Reeves

THE COST of UK government borrowing fell on Thursday, partially reversing the rise seen after Chancellor Rachel Reeves became emotional during Prime Minister’s Questions.

The yield on 10-year government bonds dropped to 4.55 per cent, down from 4.61 per cent the previous day. The pound also recovered slightly to $1.3668 (around £1.00), though it did not regain all its earlier losses.

Keep ReadingShow less