We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Co-operative Energy now launched

Stuart_W
Stuart_W Posts: 1,787 Forumite
Part of the Furniture 1,000 Posts Name Dropper
I posted back in December about Co-operative Energy who were setting up as a supplier of Gas and Electricity. The trial period of the company is over and they have this month moved to full national launch.

They confess themselves that they will never expect to be the cheapest at any one time, but are clearly pitching themselves against the flow of the "confusopoly" that we have at present.

All the money saving experts on here might not be interested, but for anyone who has gone through an horrific experience with a supplier, poor customer service, a comparison site transfer that didn't actually end up with the deal that it supposedly should have been, etc, etc, this might be the sort of company some people are after.

Their launch video certainly seems to suggest the target market they are going for, to quote one person from the video, is "...simple understandable invoicing that you don't need to read three times, and then bring in the next door neighbour who's got a PhD!" I recognise that sentiment.

There is a £25 off your first bill promotion referred to on their facebook page -
http://www.facebook.com/pages/The-Co-operative-Energy/208438112499794?sk=app_4949752878
«13

Comments

  • molerat
    molerat Posts: 33,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Took a lot of scrolling down the U-Switch comparison page to find them.
  • hethmar
    hethmar Posts: 10,678 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Car Insurance Carver!
    edited 10 May 2011 at 11:07AM
    Ive just fixed for 3 years with EDF. If Id known co op was bringing this out Id have hung on to see what they can offer as I have an affection for them :) Just did a comparison and they work out £120 a year more than my EDF fixed deal.
  • johnatho
    johnatho Posts: 65 Forumite
    I put my current tariff as eon saveonline7 as this is what I will go onto if I stay with eon

    and this is what I got

    We are only £79.00 more per year than your current supplier

    We might cost a little more than your current supplier, but look at all the other reasons for joining Co-operative Energy.

    None of these reasons will make me pay £79 more a year.
  • premierfella
    premierfella Posts: 899 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    If it was even vaguely close to alternative deals I would move my electricity supply to Cooperative Energy like a shot.

    However, I would be paying nearly twice as much for my electricity as the lowest cost deal, and around 50% more than the average supplier - that difference is simply too much for me to switch to the Coop, as it would make more sense for me to simply go with the cheapest supplier and invest or donate the difference to green energy projects.

    As a low user, the standing charge means that Coop will always be significantly more expensive in my case. I hope that they can "unsimplify" their offering just a little and introduce a second "no standing charge" tariff for the low user market in the future.
  • GetRealBabe
    GetRealBabe Posts: 2,258 Forumite
    Tenth Anniversary 1,000 Posts Photogenic
    Hi

    Just did a comparison and mine is £136.00 more per year. I bank with Co-op but £136.00 more:eek::eek: I think not. I'm staying with Npower.
    Sealed Pot Challenge No 089-Finally got a signature.:rotfl::j

  • mattcanary
    mattcanary Posts: 4,420 Forumite
    I can guarantee that Coop will treat you more fairly than NPower. However like you say £136 per year is a mlrage premium to pay for this
  • james2012_2
    james2012_2 Posts: 145 Forumite
    But do you get dividend?
  • dunloadin
    dunloadin Posts: 359 Forumite
    james2012 wrote: »
    But do you get dividend?


    Remember the good old days "would you like stamps or discount".
  • james2012_2
    james2012_2 Posts: 145 Forumite
    I still remember my Mum's number from 60 odd years ago.

    And getting the acumulator charged for the wireless
  • hethmar
    hethmar Posts: 10,678 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Car Insurance Carver!
    As a member you do get some good offers on their electrical stuff actually. I bought a Miele vacuum yesterday online from them at £242 - £319 on amazon, £279 on John Lewis and I got free next day delivery plus my dividend points :)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.6K Banking & Borrowing
  • 252.3K Reduce Debt & Boost Income
  • 452.5K Spending & Discounts
  • 241.3K Work, Benefits & Business
  • 617.8K Mortgages, Homes & Bills
  • 175.8K Life & Family
  • 254.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.