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Energy behemoth Octopus has announced it will be providing free electric blankets to customers over the festive period, which could net savings of roughly £300 on electricity and gas bills. The company is actively encouraging customers who are financially able to purchase an electric blanket - typically priced around £60 - highlighting they can save households £300 annually on their energy costs.
In a generous move, Octopus has committed to giving away 10,000 electric blankets at no cost this Christmas, reports the Express.
The blankets, which utilise heating elements, allow users to remain cosy overnight without the need to heat their full home. A spokesperson for Octopus Energy revealed: "One of our boffins realised that some customers were paying to heat their entire homes, even if they lived alone."
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The spokesperson continued with the findings: "He did some calculations and found out that where heating a whole home costs around £4 a day, an energy-efficient electric blanket can heat a person for just 2p-4p an hour."
Further expanding on the benefits, the spokesperson added: "This means an electric blanket is a vastly more cost-effective way to stay warm: particularly for people with mobility issues, for example, and those who spend a lot of time in one spot. Or those with medical issues that mean they feel the cold more, or are more prone to illness."
In demonstrating the impact of this initiative, Octopus Energy highlighted the tangible benefits realised by customers: "We ran some analysis on customers who got an electric blanket and found that they saved up to 10-20% on their bills on average in the Winter months after getting their blanket. Over a year, that's a massive £300 saving."
Aimed at assisting those most vulnerable during the chilly season, the firm has now pledged to provide 10,000 of these heat-saving blankets to those most in need this holiday season.
The company has expressed its intention to 'prioritise' the most vulnerable customers and is encouraging those who are elderly or have mobility or medical issues to apply. It stated: "We know everyone's worried about bills right now, but some people are struggling much more than others. We only have 10,000 blankets to give away, and need to prioritise customers who'll benefit most: the elderly, and those with mobility issues or other medical conditions that mean they're more impacted by the cold."
The firm further explained: "Our electric blankets scheme is there to support customers most in need, particularly for people with really specific vulnerabilities and medical needs. To make sure the blankets are getting into the right hands, we'll be prioritising those customers. Customers who apply for our Octo Assist will be assessed and offered the support that'll be most appropriate for them."
They added: "To start the process, create a Paylink budget to see what support is available, and to see if you qualify for financial assistance." The company also urged: "If you are struggling with your bills, please do contact us, as there are other ways we can help."
Lastly, they suggested: "If you can, do think about buying an electric blanket yourself: they tend to cost around £60 and our research shows the typical home could save £300 by using an electric blanket to keep warm rather than always heating the whole house."
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