Why we’re different
Anyone can say they’re different. At Co-operative Energy, it’s how we differ that matters.
We are owned by our customers and share our profits with you twice a year
That’s why when we say we’re customer focused, it’s no empty promise. As members, our customers share in our profits and have a voice in how we’re run.
The Big 6 energy suppliers are owned by shareholders*
When they make big profits, it’s the shareholders who benefit, not the customers. When we make profits, it’s you who benefits.
We’ve been looking at energy for some time, because we believe the public is poorly served. It’s high time the energy industry treated customers better. It’s high time there was a new co-operative supplier.
Our approach is nothing new. For over 165 years, we’ve been making the world fairer for members, customers and suppliers by providing basic household services at fair prices. For us, it’s not just about money and profits. Our members guide us on how we behave as an ethical business, a responsible citizen and a committed campaigner on climate change.
*except for Ebico, which is a not-for-profit company limited by guarantee which sells Scottish & Southern Energy under its own tariffs
Who owns the energy suppliers?
Formed in 2010 and wholly owned by The Midcounties Co-operative, which is a consumer co-operative society entirely owned by its members. Membership is open to all customers.
Originally established as National Power in 1990 following the privatisation of the state-owned Central Electricity Generating Board, npower is now owned by RWE Group which incorporates Germany’s leading gas and electricity companies.
The company was created in 2003, five years after French energy company EDF Group (Électricité de France) bought Seeboard, London Energy and SWEB Energy.
British Gas is part of the Centrica Group, which was formed following the merger of British Gas plc in 1997. British Gas also operates under the names Scottish Gas in Scotland and Nwy Prydain in Wales.
Formerly known as Powergen, the company was created in 1990 and was subsequently bought by German energy giant E.ON in 2002.
ScottishPower was formed in 1990, following the privatisation of the Scottish electricity industry. In 1995 it acquired the regional supplier, Manweb. It is now owned by Spanish company Iberdrola.
Southern Electric is owned by Scottish and Southern Energy, which was formed in 1998 following the merger of Scottish Hydro Electric and Southern Electric. Since then Scottish and Southern Electric has also acquired SWALEC and Atlantic Electric and Gas.