The boss of Octopus Energy has said the company will help people struggling to pay their bills as he warned that energy prices could get even higher. Chief executive Greg Jackson said there is “no hiding” the fact that energy costs have risen “dramatically”, as he acknowledged the cost-of-living crisis is “very real”.
He said the “sad reality” is that many people lost their jobs during the pandemic and went from being able to pay their bills to finding them unaffordable. He told LBC: “Where people do their very best, companies like ours will work with them to get payment plans in place, to provide some assistance, to work with them on their whole income and expenditure.”
It comes as the company is gifting free electric blankets to keep their customers warm as gas and electric bills soar to an all time high. Octopus Energy is dishing out 5,000 blankets to those most in need as the cost of living crisis hits the UK, the Mirror reports.