Consumers keen to keep their energy bills down can unwrap an early Christmas gift thanks to Co-operative Energy. The energy company committed to putting customers first has today (Monday 23rd December 2013) launched a new 19-month fixed price tariff.
Launched last month, Co-operative Energy’s March 2015 fixed tariff was initially available to 10,000 customers and proved so popular the offer was extended to meet demand. The new tariff has been introduced to ensure more customers can benefit from guaranteed energy prices for a longer period, with bills fixed until 31 July 2015.
The new tariff, which offers an additional four months of fixed energy prices in comparison to its predecessor, is available to existing and new customers and as with Co-operative Energy’s other fixed tariffs, carries no exit penalties.
Customers choosing to switch to the new fixed price tariff will pay an average annual dual fuel bill of £1,204 making it cheaper than the fixed price tariff offered by EDF on its market leading Blue+ Price Promise tariff.
With energy consumers increasingly seeking to lock-in to fixed energy deals in order to safeguard their energy bills, Co-operative Energy’s new and extended fixed price tariff guarantees peace of mind for two winters and beyond.
Ramsay Dunning, group general manager at Co-operative Energy said: “Our customers want flexibility and after being inundated with more than 10,000 new customers switching to our March 2015 fixed tariff in under a month and having to extend the offer to meet demand, we are responding to these needs. Many people may use the Christmas break to look at ways in which they can save money and manage their finances more effectively - switching energy tariffs is a quick and easy way of doing this.
“With this latest fixed tariff we are offering even greater flexibility by replacing our successful March 2015 fixed tariff with one that guarantees a competitive price until summer 2015. The increases we are experiencing in customers switching to fixed energy deals is in direct response to the energy bill rises they’ve faced year-on- year. In launching our competitive new fixed price tariff, for both new and existing customers, this offers greater choice, peace of mind and crucially, a guarantee of no rise in energy bills for the next two winters.”
Since its launch in 2011, Co-operative Energy, which is committed to putting its customers before profits, has been campaigning for energy market reform. It has led the market with a number of initiatives including tariff simplicity and its support for community energy generation.
Other competitive fixed price tariffs are also available until 31st March 2016 and 31st March 2017. For those customers preferring not to go with a fixed tariff, Co-operative Energy also offers a highly competitive variable tariff. To find out more about the Co-operative Energy range of tariffs visit www.cooperativeenergy.co.uk or call 0800 093 7511