Strategic Integration Announced by Octopus Energy and Enphase Energy

1. Enphase Energy and Octopus Energy have partnered to integrate their platforms in the UK, offering low-cost residential energy rates.
2. Enphase’s IQ8 Microinverters and IQ Battery 5P will be deployed by Octopus Energy for high-powered solar modules and battery management.
3. Octopus Energy’s customers in the UK can now access Enphase’s solar and battery systems to benefit from smart tariffs and create virtual power plants using Kraken technology.

Enphase Energy and Octopus Energy have partnered to integrate their platforms, providing UK retail customers access to low-cost residential energy rates and enabling Octopus Energy clients to create virtual power plants (VPPs) and manage battery systems to alleviate power grid congestion. The partnership will focus on deploying Enphase IQ8 Microinverters and IQ Battery 5P in the UK.

Octopus Energy customers can now integrate Enphase’s solar and battery systems into their energy plans to access affordable residential energy rates. Octopus Energy will use its proprietary software platform, Kraken, to allow clients to create VPPs with Enphase’s systems and dynamically manage customer batteries to reduce energy usage during peak times.

The integration between the two technologies will allow Octopus Energy customers who install Enphase Energy Systems to benefit from Octopus’ smart tariffs, such as Intelligent Octopus Flux, which can help save money on electricity bills. Together, Enphase Energy and Octopus Energy aim to provide cost-effective and flexible energy usage to over seven million households in the UK and accelerate the broader energy transition.

Octopus Energy is the largest electricity provider in the UK, serving nearly seven million households with customer service and energy products. The company operates in 16 countries and its Kraken platform supports over 54 million customers globally with its advanced data and machine learning capabilities.

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