Enphase Energy Announces Technology Integration into Octopus Energy Smart Tariff Program in the United Kingdom
Enphase Energy (NASDAQ: ENPH) has announced the integration of its Energy System into Octopus Energy's smart tariffs, including 'Intelligent Octopus Flux' (IO Flux) in the United Kingdom. This integration follows their strategic partnership announced last year for deploying IQ8™ Microinverters and IQ® Battery 5P™.
Through Octopus Energy's Kraken platform, customers can now optimize their Enphase solar and battery systems to access low-cost energy rates. The IO Flux tariff optimizes charging and discharging, with over 40% of customers reportedly profiting from their energy bills through optimal energy export timing.
Octopus Energy, the UK's largest energy provider serving over nine million households, operates in 27 countries. The Enphase Energy System offers enhanced features including more power, resilient communication, and improved commissioning, backed by comprehensive warranties: 25 years for IQ8 Microinverters and 15 years for IQ Batteries in the UK.
Enphase Energy (NASDAQ: ENPH) ha annunciato l'integrazione del suo Sistema Energetico nelle tariffe intelligenti di Octopus Energy, inclusa 'Intelligent Octopus Flux' (IO Flux) nel Regno Unito. Questa integrazione segue la loro partnership strategica annunciata lo scorso anno per l'installazione di microinverter IQ8™ e batterie IQ® 5P™.
Attraverso la piattaforma Kraken di Octopus Energy, i clienti possono ora ottimizzare i loro sistemi solari e di accumulo Enphase per accedere a tariffe energetiche a basso costo. La tariffa IO Flux ottimizza la ricarica e lo scarico, con oltre il 40% dei clienti che riporta un profitto sulle bollette energetiche grazie a un tempismo ottimale per l'esportazione di energia.
Octopus Energy, il maggiore fornitore di energia del Regno Unito che serve oltre nove milioni di famiglie, opera in 27 paesi. Il Sistema Energetico Enphase offre funzionalità avanzate, tra cui maggiore potenza, comunicazione resiliente e miglior commissioning, supportato da garanzie complete: 25 anni per i microinverter IQ8 e 15 anni per le batterie IQ nel Regno Unito.
Enphase Energy (NASDAQ: ENPH) ha anunciado la integración de su Sistema Energético en las tarifas inteligentes de Octopus Energy, incluyendo 'Intelligent Octopus Flux' (IO Flux) en el Reino Unido. Esta integración sigue a su asociación estratégica anunciada el año pasado para implementar microinversores IQ8™ y baterías IQ® 5P™.
A través de la plataforma Kraken de Octopus Energy, los clientes ahora pueden optimizar sus sistemas solares y de baterías de Enphase para acceder a tarifas de energía de bajo costo. La tarifa IO Flux optimiza la carga y descarga, con más del 40% de los clientes reportando beneficios en sus facturas de energía gracias a un momento óptimo para la exportación de energía.
Octopus Energy, el mayor proveedor de energía del Reino Unido que sirve a más de nueve millones de hogares, opera en 27 países. El Sistema Energético de Enphase ofrece características mejoradas, incluyendo más potencia, comunicación resiliente y mejor puesta en servicio, respaldado por garantías completas: 25 años para los microinversores IQ8 y 15 años para las baterías IQ en el Reino Unido.
Enphase Energy (NASDAQ: ENPH)는 Octopus Energy의 스마트 요금제에 자사의 에너지 시스템을 통합했다고 발표했습니다. 여기에는 영국의 'Intelligent Octopus Flux' (IO Flux)가 포함됩니다. 이 통합은 작년 발표된 IQ8™ 마이크로인버터 및 IQ® Battery 5P™ 배포를 위한 전략적 파트너십에 따른 것입니다.
Octopus Energy의 Kraken 플랫폼을 통해 고객들은 이제 Enphase의 태양광 및 배터리 시스템을 최적화하여 저렴한 에너지 요금에 접근할 수 있습니다. IO Flux 요금제는 충전 및 방전을 최적화하여 40% 이상의 고객이 최적의 에너지 수출 타이밍을 통해 에너지 요금에서 이익을 보고 있다고 합니다.
영국에서 900만 이상의 가구에 서비스를 제공하는 Octopus Energy는 27개국에서 운영되고 있습니다. Enphase 에너지 시스템은 더 많은 전력, 견고한 통신 및 개선된 커미셔닝을 포함한 다양한 기능을 제공하며, 영국에서 IQ8 마이크로인버터는 25년, IQ 배터리는 15년의 종합 보증이 제공됩니다.
Enphase Energy (NASDAQ: ENPH) a annoncé l'intégration de son Système Énergétique dans les tarifs intelligents d'Octopus Energy, y compris 'Intelligent Octopus Flux' (IO Flux) au Royaume-Uni. Cette intégration suit leur partenariat stratégique annoncé l'année dernière pour déployer les micro-inverseurs IQ8™ et les batteries IQ® 5P™.
Grâce à la plateforme Kraken d'Octopus Energy, les clients peuvent désormais optimiser leurs systèmes solaires et de batteries Enphase pour accéder à des tarifs énergétiques compétitifs. Le tarif IO Flux optimise la charge et la décharge, avec plus de 40 % des clients rapportant des économies sur leurs factures d'énergie grâce à un timing optimal pour l'exportation d'énergie.
Octopus Energy, le plus grand fournisseur d'énergie du Royaume-Uni, servant plus de neuf millions de foyers, opère dans 27 pays. Le Système Énergétique Enphase propose des fonctionnalités améliorées, y compris plus de puissance, une communication robuste et un meilleur commissioning, soutenu par des garanties complètes : 25 ans pour les micro-inverseurs IQ8 et 15 ans pour les batteries IQ au Royaume-Uni.
Enphase Energy (NASDAQ: ENPH) hat die Integration seines Energiesystems in die intelligenten Tarife von Octopus Energy angekündigt, darunter 'Intelligent Octopus Flux' (IO Flux) im Vereinigten Königreich. Diese Integration folgt der strategischen Partnerschaft, die letztes Jahr zur Einführung der IQ8™ Mikroinverter und IQ® Battery 5P™ angekündigt wurde.
Durch die Kraken-Plattform von Octopus Energy können Kunden nun ihre Enphase-Solar- und Batteriesysteme optimieren, um auf kostengünstige Tarife zuzugreifen. Der IO Flux-Tarif optimiert das Laden und Entladen, wobei über 40 % der Kunden berichten, dass sie durch zeitlich optimierte Energieexporte von ihren Energiekosten profitieren.
Octopus Energy, der größte Energieanbieter im Vereinigten Königreich, der über neun Millionen Haushalte bedient, ist in 27 Ländern tätig. Das Enphase Energiesystem bietet verbesserte Funktionen, darunter mehr Leistung, widerstandsfähige Kommunikation und verbesserte Inbetriebnahme, unterstützt durch umfassende Garantien: 25 Jahre für IQ8 Mikroinverter und 15 Jahre für IQ Batterien im Vereinigten Königreich.
- Integration with UK's largest energy provider expands market reach to over 9 million households
- 40% of IO Flux customers achieve profit on energy bills through optimal export timing
- Partnership enables automatic optimization of energy costs for customers
- Extended warranty coverage: 25 years for microinverters, 15 years for batteries
- None.
Insights
This strategic integration marks a pivotal advancement in Enphase's market position and revenue potential. The partnership with Octopus Energy, the UK's largest energy provider, creates a powerful ecosystem that combines Enphase's premium hardware with Octopus's sophisticated Kraken platform, serving over 60 million customers globally.
The integration's success metrics are particularly compelling - with 40% of IO Flux customers achieving profit on energy bills, this creates a powerful sales proposition that could accelerate adoption rates and market penetration. This success rate also validates Enphase's premium pricing strategy, as customers can justify higher upfront costs through demonstrated energy savings.
The partnership creates significant competitive advantages: 1) A technological moat through deep integration with Octopus's Kraken platform 2) Enhanced customer stickiness through the comprehensive energy management ecosystem 3) Real-time optimization capabilities that maximize customer savings while supporting grid stability.
The global implications are substantial, as evidenced by the expansion to Texas through the GridBoost program. This scalable model could be replicated across Octopus's operations in 27 countries, potentially creating multiple revenue streams and market opportunities for Enphase. The extended warranty offerings (25 years for microinverters, 15 years for batteries) further strengthen the value proposition and reduce customer acquisition barriers.
FREMONT, Calif., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that the Enphase® Energy System has integrated into Octopus Energy’s smart tariffs, such as “Intelligent Octopus Flux” (IO Flux), which can save customers money on electricity bills.
Last year, Enphase announced a new strategic relationship with Octopus to deploy IQ8™ Microinverters and IQ® Battery 5P™ in the U.K. Octopus Energy uses Kraken - its proprietary software platform - to manage, control, and optimize distributed energy resources (DERs), allowing customers to flexibly control Enphase’s solar and battery systems. Many Octopus customers have already integrated this technology to unlock low-cost home energy rates.
Now, Octopus customers with Enphase solar and battery systems can benefit from Intelligent Octopus Flux - a smart import and export tariff. The product optimizes the charging and discharging of solar and battery systems, aiming to provide customers the best rates for consuming and selling electricity.
According to Octopus, more than
"Intelligent Octopus Flux helps customers make the most of their solar panels, optimizing usage in real time to cut bills,” said Nick Chaset, executive vice president at Octopus Energy. “Teaming up with Enphase, renowned for its reliable, top-notch tech, means we can deliver even more value to U.K. homeowners - saving money while building a smarter, greener grid together.”
Octopus Energy is the largest energy provider in the U.K., offering customer service and energy products to more than nine million households. The company has operations in 27 countries and its advanced data and machine learning platform, Kraken, supports more than 60 million customers worldwide.
The third-generation Enphase Energy System with IQ Battery 5P and IQ8 Microinverters offers a significantly improved experience for homeowners and installers because of more power, resilient wired communication, and an improved commissioning experience. Homeowners can also use the Enphase® App to monitor performance and intelligently manage their systems. Enphase Energy Systems are fully G100-2 compliant to support the latest U.K. Electricity Networks Association requirements for grid connection of solar and battery storage. In addition, Enphase offers 24/7 customer support and an industry-leading warranty for both solar and battery products. This includes a 25-year warranty for all IQ8 Microinverters and a 15-year warranty for all IQ Batteries activated in the United Kingdom.
"This partnership with Octopus Energy represents the next step in our mission to deliver more value to homeowners by combining advanced technology with innovative energy programs,” said Marco Krapels, vice president of worldwide business development at Enphase Energy. “We're excited to work with Octopus on a global scale to provide meaningful wins for homeowners, Octopus, and all ratepayers, ultimately driving a cleaner, more cost-effective energy future."
Enphase Energy is also a participant in the Octopus Energy GridBoost battery program in Texas. For more information about Enphase Energy Systems in the United Kingdom, visit the website. For more information about Octopus Energy, please visit their website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped more than 73 million microinverters, and approximately 4.0 million Enphase-based systems have been deployed in more than 150 countries. For more information, visit https://enphase.com/.
©2025 Enphase Energy, Inc. All rights reserved. Enphase, the “e” logo, IQ, IQ8, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks of Enphase Energy, Inc. in the United States and other countries. Other names are for informational purposes and may be trademarks of their respective owners.
About Octopus Energy Group
Octopus Energy is a global clean energy tech business, driving the affordable, green energy system of the future. Under its own retail brand, Octopus delivers world-class customer service and cutting edge energy products to 9 million households globally. Its operations span 27 countries and the entire energy value chain. The group invests in, builds and flexibly manages renewable energy, operating a
Octopus has licensed its advanced data and machine learning platform, Kraken, to support over 60 million customer accounts worldwide through licensing deals with companies such as EDF, E.ON and Origin Energy. Kraken enables Octopus to drive the electrification of heat and transport through smart tariffs and innovative cleantech. Backed by pension funds, investors and energy giants, Octopus Energy Group businesses deliver cheaper, greener energy and cutting-edge tech to countries and customers worldwide. For more information, check out our website.
Forward-Looking Statements
This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality and reliability; the availability and market adoption of Enphase Energy’s products in the United Kingdom; and Enphase Energy’s expectations about cost savings on electricity bills and unlocking low-cost home energy rates. These forward-looking statements are based on Enphase’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.
Contact:
Enphase Energy
press@enphaseenergy.com
This press release was published by a CLEAR® Verified individual.
FAQ
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