Return to all articles

Comment from Co-operative Energy on Ofgem plans for simpler tariffs

Posted on 21 February 2013

As a leader in improving the practices of the energy industry, Co-operative Energy welcomes Ofgem’s proposals to simplify tariffs. They are good news for consumers. But we think more needs to be done.

When we launched we pledged always to offer our customers a fair price. Most importantly, we promised not to offer new customers a better tariff than existing customers. And, beyond this, we reward our customers with a share of our profits twice a year.

Ofgem needs to investigate the practice of suppliers who reward switchers with their cheapest tariff at the expense of loyal customers, some of whom can pay up to £300 more than the time-limited deals offered to new customers.

Ofgem needs to tackle this predatory and unfair pricing head on to make the market more open to new suppliers and to benefit the hard pressed consumer.

Latest News/Related Articles

Make it a December to remember

11 December 2017

It’s easy to get wrapped up in the festive season, but let’s not forget Christmas can also be a great time to give back and make those great changes in time for the New Year.

Read More

Fundraising round-up

11 December 2017

We have achieved a lot this year at Co-op Energy. Now, as we come to the new year, we reflect on some of the ways we’ve given back.

Read More

I’m dreaming of a Green Christmas

11 December 2017

Christmas can be an expensive time of year, following our simple money saving tips can make all the difference!

Read More