Rapid growth energy supplier Octopus has entered the generation market with the purchase of two wind turbines.
The five year old business, now supplying purely renewable energy to almost two million 海角视频 homes, has acquired installations at Market Weighton, East Yorkshire, and Caerphilly, South Wales.
And to mark the additions, the Entech pioneer - described as a double unicorn having hit a 拢2 billion valuation - has revealed its 鈥楩an Club鈥, the world鈥檚 first tariff that drops prices as wind speed rises.
It will be offered to communities close to the first turbine acquisitions, with more to come.
Zoisa Walton, director of Octopus Energy generation, said: 鈥淥ctopus Energy鈥檚 first ever own brand turbines are now on the grid, and we鈥檝e included the 海角视频鈥檚 first windy tariff to boot - we halve the price of electricity whenever the turbine is spinning fast.
"This is the first step in a huge plan for Octopus owning its very own generation and offering local wind tariffs across the country. It means we can begin producing the clean, green power we provide to customers ourselves and incentivise customers to use energy when it鈥檚 the absolute greenest.
鈥淏y matching this generation with our proprietary agile technology, we鈥檙e unlocking exciting opportunities for the cheapest electrons to be the greenest. Local customers will be able to join the 鈥榝an club鈥 and get discount prices for windy days, helping out their pockets and the planet.鈥
It is operating in YO43, CF81 and NP24 postcodes.
The 73m turbines, named #1 Fan and #2 Fan, have 54m blades.
Backed by Octopus Group, a financial services and energy firm that manages more than 拢8.9 billion of funds, it has invested more than 拢3 billion in renewable assets across Europe, while its ventures arm has backed 海角视频 success stories like Zoopla, Depop, Secret Escapes and SwiftKey.
