This evening (08 November), the founder and CEO of Octopus Energy, Greg Jackson, joined consumer champion Martin Lewis on his flagship TV show on ITV.
It is the first time a CEO of a large energy retailer has come on The Martin Lewis Money Show to respond to questions from the British public live on air.
Regarding his first time on the show, Greg Jackson said: ‘The crisis is so stressful for millions of people, and energy bosses have a duty to talk to customers, and to listen to them. Difficult conversations are often the most important and Martin’s show is one of the key places people turn for information and advice.’
UK’s outdated energy market
Prior to the show, Lewis asked his followers on Twitter to send in their questions for Jackson.
Nearly 500 people responded, asking about topics such as smart meters, green tariffs and solutions to the energy crisis. Amongst the tweets were many praising Octopus’s service.
On the show, Jackson outlined the outdated energy market in the UK which means even though green energy is cheaper to produce, it ends up as expensive as dirty gas.
Following a mention that the government is considering changing this, Greg added: ‘If we’d moved to renewables sooner as a nation, the crisis would be less bad now. And we can’t carry on like this, we have to escape from these colossal gas prices from the global markets.’
A ‘decent result’ for Bulb
Octopus Energy, a My Green Pod Hero, recently announced it has been selected to take on Bulb’s 1.5 million customers, bringing an end to taxpayer losses and uncertainty for Bulb customers and employees. Martin Lewis said on the BBC that this was a ‘decent result’ for Bulb customers.