Return to all articles

Co-operative Energy heralds latest switching figures as good news

Posted on 1 October 2012

Co-operative Energy has described the latest UK switching figures as encouraging, despite a slight downturn in the number of energy customers who have changed supplier in the past twelve months. The ethical energy provider which now supplies gas and electricity to more than 55,000 UK homes said the DECC figures released on Thursday, 27th September were good news as, although fewer people are switching, more people than ever are moving to the independent suppliers and away from the Big 6. In fact, the independent suppliers, of which Co-operative Energy is a leading light, now have 1.4% of the UK market share. That’s a rise from less than 1.0% two years’ ago and is part of an increasing consumer move away from the large energy suppliers. Co-operative Energy’s Nigel Mason said: “You need to understand the story behind the numbers to really appreciate the change in the industry. Yes, fewer people are switching, but the people who are switching are smart. They have wised-up to the Big 6 and are starting to look at the independent suppliers like us. They are choosing to move for cost and ethical reasons. “We still occupy a small portion of the market but a 40% increase in market share for the independent suppliers in two years is really significant. It marks the start of what we believe will be an increasing move away from the Big 6 in the years ahead.”

Latest News/Related Articles

Community power generation needs better support

13 June 2019

Head of Trading and Renewables, Mark Bilsborough, talks to Business and Industry about the importance of community power

Read More

Community Energy Conference 2019

13 June 2019

The 2019 Community Energy Conference is coming up, will you be joining us?

Read More

Renewable energy breakdown in the UK

30 May 2019

At Co-op Energy we’re thrilled to offer our customers 100% renewable energy on all tariffs, but nationwide how much of the power we use is renewable, and where does it come from?

Read More