Aira launches 100% green energy tariffs powered by Octopus Energy to reduce consumer energy bills
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Aira launches two new fully green energy tariffs powered by Octopus Energy for customers across Germany and the UK. The new tariff offering represents a key milestone in the continued execution of Aira’s strategy to expand the Aira ecosystem and enable even more European households to access clean energy-tech solutions.
By launching these tariffs, powered by Octopus Energy, Aira is paving the way for European households to further reduce their energy costs and lead more sustainable lifestyles, as many contend with high energy bills, the cost-of-living crisis and the climate emergency.
Engineered to maximise savings and drive decarbonisation, the pivotal clean energy tariffs launched today are:
Aira Zero: the intelligent choice for Aira Heat Pump customers who are looking to maximise energy cost savings and completely reduce CO2 emissions. It has been designed to optimise energy consumption by using more electricity when prices are low.
Saving German households up to €800, and UK households up to £500 on their energy bills each year.
Aira Solar Export is an add-on tariff created for households that have an Aira Heat Pump and Aira Zero and are expanding their clean energy ecosystem with solar panels.
Saving German households up to €2170, and British households up to £1245 on energy bills each year.
Aira Solar Export is available in the UK with both Fixed and Flex options and on a Flex only tariff in Germany.
- Fixed: helps homes automatically benefit from selling back surplus electricity, at a fixed rate of 15p/kWh for every unit that is exported back to the grid.
- Flex: customers can sell surplus solar powered electricity back to the grid when wholesale prices are high for even greater savings.
Aira Zero and Aira Solar Export are the intelligent choice for British and German households looking to save on energy costs and eradicate home heating CO2 emissions. As Aira expands its product ecosystem and a wider array of clean energy-tech solutions come to market such as battery storage, inverters, and electric vehicle chargers, Aira Zero and Aira Solar Export tariffs will enable people to save money on utility bills whilst becoming more energy independent. This is a critical enabler to achieving the energy transition and achieving legally binding net zero goals.
Aira Intelligence’s native integration with the Aira Zero tariff ensures the Aira Heat Pump preheats when energy prices are low and conserves energy when prices are high. The optimisation is automatically turned on once a household switches to the Aira Zero tariff.
“At Aira, our mission is to take Europe off gas by accelerating the electrification of home heating, and this strategic partnership with Octopus Energy is another step forward for the clean energy transition.”
Kaj af Kleen
Aira Chief Product & Technology Officer
Kaj af Kleen, Aira Chief Product & Technology Officer, continues: “We’re proud to be driving this mission forward together and saving people more money with clean energy tariffs. Aira Intelligence’s native integration with the tariff allows us to manage the heat pump optimisation seamlessly, offering customers maximum cost savings and complete peace of mind. We're excited to continue on this path, expanding our ecosystem further and developing future collaborations to bring more clean energy-tech solutions to the market.”
Rebecca Dibb-Simkin, Chief Product Officer at Octopus Energy, said: “We’re delighted to be powering Aira in their mission to supercharge the transition to cheap, clean power for all. Together we’re launching two trailblazing new tariffs that will empower Aira customers to slash emissions and save serious money.”
Download the Press Pack (PDF, 110MB)
For further questions
UK: Gabriella Irvine, Group Head of PR
gabriella.irvine@airahome.com
DE: Maja Ruhbach, PR & Communications Manager
About Aira
Aira provides clean energy-tech solutions to consumers and is set to become Europe’s number one direct-to-consumer brand within the industry. Aira accelerates the electrification of residential heating with intelligent clean energy-tech to enable the net zero future we all need. With Aira, consumers across Europe have a go-to-provider for complete home energy saving solutions, with intelligent heat pumps at the heart. Aira's vertically integrated model, combined with our consumer-centric monthly payment plan that requires no upfront cost, enables best-in-class consumer economics and cost leadership. Aira’s mission is to empower people to join the clean energy revolution, one home at a time. Founded in Stockholm, Sweden, by Vargas Holding and backed by climate and innovation investors including Altor, the Burda family, Collaborative Fund, Creades, Kinnevik, Lingotto, Nesta Impact Investments, Statkraft Ventures, and Temasek.
Household consumption scenarios
[UK]
Based on a typical 3 x bedroom British household moving from a gas boiler with an average annual gas consumption of 15,000 kWh at 5.48 p/kWh and annual electricity consumption for appliances of 3,000 kWh at 22.36p/kWh to an Aira Heat Pump and the Aira Zero Tariff with annual electricity consumption of 3,375 kWh for heating and 3,000 kWh for appliances at 22.36 p/kWh (which is the average energy price throughout a 24h day at 40% base rate at 22.65 p/kWh, 52% dip rate at 11.10 p/kWh, 8% peak rate at 32.84 p/kWh). Prices accurate July 2024.
[DE]
Based on a typical 120 sqm German household in Berlin moving from a gas boiler with an average annual gas consumption of 20,000 kWh at 9.87 ¢/kWh and annual electricity consumption for appliances of 5,000 kWh per year at 29.77¢/kWh to an Aira Heat Pump and the Aira Zero Tariff with annual electricity consumption of 4,500 kWh for heating and 5,000 kWh for appliances at 28.10¢/kWh (the average energy price throughout a 24h day at 45% base rate á 30.71 ¢/kWh, 47% dip rate á 21.50¢/kWh, 8% peak rate á 52.22¢/kWh). Prices accurate July 2024.
About the money saving calculations
About the 100% green tariffs
The tariffs Aira offer in partnership with Octopus Energy are 100% green. This means that the electricity you pay for originates from renewable sources such as wind, solar and hydropower.
Octopus Energy achieves this by working out how much power their customers are taking out of the grid annually and ensure an equal amount of renewable electricity is added into the system in its place over the year. Not only does this make the electricity you pay for carbon free, but it also helps make the energy system greener for everyone.
About Aira Zero and Aira Solar Export
[DE]
Aira Zero: Eight hours at a discounted rate of 30% in comparison to the local day rate at two time periods of the day: 4am – 7am and 1pm – 4pm. For four hours of the day, between 4pm – 8pm, the electricity price will be at an increased 70% in comparison to the local day rate. The heat pump will be optimising usage when the energy prices are at their lowest and therefore avoiding usage between those three hours where possible.
- Aira Zero: Tariff charging 21.50 ct/kWh between 2am – 6am and 12pm – 4pm and 52.22 ct/kWh between 4 – 8pm. Rest of the day 30.71 ct/kWh. (accurate as of July 2024, for a home in Berlin)
- Aira Solar Flex: The price follows the hourly prices in the wholesale market
[UK]
Aira Zero: Eight hours at a discounted rate of 51% in comparison to the local day rate at three time periods of the day: 4am – 7am, 1pm – 4pm and 10pm – 12am. For three hours of the day, between 4pm – 7pm, the electricity price will be at +45% in comparison to the local day rate. The Aira Heat Pump will be optimising usage when the energy prices are at their lowest and therefore avoiding usage between peak hours where possible.
- Aira Zero: Tariff charging 11.10p/kWh between 4am – 7am, 1pm – 4pm and 10pm – 12am and 32.84 p/kWh between 4 – 7pm. Rest of the day 22.65 p/kWh. (Average local day rate – 22.65 p/kWh - accurate as of July 2024)
- Aira Solar Export Flex: The price follows the half-hourly prices in the wholesale market
- Aira Solar Export Fixed: 15p/kWh
About Octopus Energy
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 7.8 million households globally. Its operations span 18 countries and the entire energy value chain. The group invests in, builds and flexibly manages renewable energy, operating a £7 billion portfolio of projects – one of Europe’s largest. Octopus has licensed its advanced data and machine learning platform, Kraken, to support over 54 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.
