Zopa partners with Octopus Energy to enter the UK’s renewable energy market

Zopa and Octopus Energy are joining forces to accelerate the adoption of renewable energy in the UK. This partnership will offer Octopus Energy customers access to Zopa’s suite of fully regulated Buy Now, Pay Later (BNPL) and retail finance products.

With this collaboration, Zopa will finance the purchase and installation of solar panels for Octopus Energy’s UK customers, allowing them to spread the cost over up to 84 installments at a representative 9.9% APR. This initiative aims to make solar energy more affordable and accessible to millions of UK households.

Additionally, the partnership will enable the financing of app-controlled EV chargers, installed by Octopus Energy engineers, to complement the UK’s public charging infrastructure. This supports the government’s goal of delivering 300,000 charge points by 2030.

By offering innovative financial solutions, Zopa and Octopus Energy are empowering consumers to embrace green energy and reduce their carbon footprint. This partnership builds on Zopa’s commitment to providing responsible and sustainable financial products, including their regulated BNPL model, which prioritizes customer protection and affordability.

This collaboration marks a significant step towards a greener future, demonstrating the power of private sector initiatives in driving sustainable change.