Octopus Energy to pay customers to use their ovens in 'world first' energy deal

Octopus Energy is gearing up to pay its customers for using their ovens in an innovative new initiative.

Detailing the Agile tariff scheme, Octopus Energy explained: "Across the UK, whenever more electricity is generated than consumed, energy prices fall sometimes to the point where prices drop below zero, and suppliers are paid to take energy off the grid." They also cautioned: "There's a flip side to the cheap rates: prices can spike at busy times, so you need to be able to use power flexibly to make the most of it. It's not every day the price goes negative just the overwhelmingly green days but rates are typically lower than a standard tariff most of the time."

"I was kinda gutted I'd charged the car the previous night, so I could only top it up. I asked the neighbours if they wanted to charge their cars at mine," a second said. "Holy wow! ! *makes note to do TONS of washing and drying and ironing and some hot drinks from 8am! " another said.

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