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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

Octopus Energy boss: some people would accept blackouts if bills cut

Greg Jackson, founder and chief executive of Octopus Energy
Greg Jackson, the founder and chief executive of Octopus Energy, clarified that he was not advocating for blackouts. Photograph: Hollie Adams/Reuters

The boss of the UK’s biggest energy supplier has suggested that some households would accept an occasional electricity blackout in exchange for much lower energy bills.

A year on from Europe’s largest power outage – which left tens of millions of people in Spain and Portugal without trains, metros, traffic lights, ATMs, phone connections and internet access – the chief executive of Octopus Energy argued against costly investments in the UK’s power grid that are adding to household bills.

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