Octopus Energy boss: some people would accept blackouts if bills cut
Greg Jackson, CEO of Octopus Energy, suggested that some households might accept occasional blackouts in exchange for significantly lower energy bills, citing examples from Spain where electricity costs are 25% lower. He emphasized he was not advocating for blackouts but highlighted changing consumer attitudes and the role of battery technology in increasing resilience. His comments sparked discussion on the balance between grid investment, renewable energy integration, and consumer costs in the UK.
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Greg Jackson, the founder and chief executive of Octopus Energy, clarified that he was not advocating for blackouts. Photograph: Hollie Adams/ReutersView image in fullscreenGreg Jackson, the founder and chief executive of Octopus Energy, clarified that he was not advocating for blackouts. Photograph: Hollie Adams/ReutersEnergy industryOctopus Energy boss: some people would accept occasional blackouts if bills cutGreg Jackson argues against costly investments in UK’s power grid that are adding to household billsJillian AmbroseFri 1 May 2026 10.42 EDTLast modified on Fri 1 May 2026 10.44 EDTSharePrefer the Guardian on GoogleThe 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…
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