Published On: Thu, May 23rd, 2024

Octopus launches ‘buy now pay later’ scheme for energy customers | Personal Finance | Finance


Octopus Energy, one of the UK’s largest energy firms, is launching a ‘buy now pay later’ scheme for solar panels.

The company, which boasts nearly seven million customers, is partnering with Zopa Bank to make this possible.

The new financing offer aims to make “cheap, clean energy source” more accessible by allowing households to spread the cost over up to 84 monthly payments spanning seven years.

However, unlike typical ‘buy now pay later’ schemes, Octopus will charge a 9.9% annual percentage…



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