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

"It's all still to play for"

8 May 2017

“It's all still to play for" says Co-op Energy's Head of Renewables

Read More

How does hydroelectric power work?

28 April 2017

In this blog, we’re highlighting hydroelectric power, an innovative source of renewable energy.

Read More

By 2040, your energy supply could look a lot brighter

27 April 2017

In our quest for a more sustainable future, our reliance on fossil fuels is a major hurdle that we need to overcome.

Read More