"We like to think of ourselves as the U.K.'s very first 'neo-utility'," Tem's co-founder and CEO, Joe McDonald, told TechCrunch over email. "Our goal is to enable businesses to bypass so-called 'big energy' and their big prices, while also helping them meet climate targets." This statement encapsulates Tem’s vision to empower users through technology, ultimately transforming how energy is sourced in the U.K.
"I've worked for over 12 years in the energy industry, and during this time, the winners and the losers in the energy market have largely remained the same," McDonald explained. "Smaller businesses buying from big energy have always been hit with high fees, volatility, and no guarantee of true renewable energy." Here, McDonald highlights the longstanding issues faced by smaller businesses, reinforcing the necessity for a disruption such as Tem.
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