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MSE News: Co-op cuts energy prices: will the big six follow?

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Comments

  • meggsy
    meggsy Posts: 741 Forumite
    Bark01 wrote: »
    This isn't a price decrease, they have just released a new time limited fixed product that is cheaper than its last product. OVO do not give names to their tariffs like other suppliers - this is in reality OVO Fixed Price V5 (don't know what the actual v number would be but you get my drift).

    It is a few quid cheaper than anything else, but if the market is moving downwards do you really want to sign up to a short term fixed product that is competitive with the current market?

    Thanks for pointing that out, and no I wouldn't fix, and currently happy with Cooperative Energy
  • kevin52
    kevin52 Posts: 156 Forumite
    Part of the Furniture Combo Breaker
    I have just taken out a 15 month fix with Npower because (unusually) fixed rates were cheaper than their variable contract. I can now see that this is to lock customers into current prices before market pressure and falling wholesale prices result in a price reduction. Beware!
  • Pincher
    Pincher Posts: 6,552 Forumite
    1,000 Posts Combo Breaker
    They are obviously keeping the prices high until after winter finishes.
    So, 1st March?
  • debutyou
    debutyou Posts: 10 Forumite
    Anyone found a way to also get cashback by joining the coooperative through a price comparison site that pays cashback on topcashback or quidco etc, on top of the £50 which is direct from Cooperative?
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