Co-op Energy launches new fixed tariff until summer 2015

Co-operative Energy has launched a new 19-month fixed tariff for new and existing customers with no exit penalties. The energy firm decided to set a new fixed deal for consumers […]

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By Priyanka Shrestha

Co-operative Energy has launched a new 19-month fixed tariff for new and existing customers with no exit penalties.

The energy firm decided to set a new fixed deal for consumers following the popularity of its March 2015 fixed tariff launched a few weeks ago, which was only available for 10,000 customers.

The new energy deal means consumers who switch to it will pay a fixed price of £1,204 on average for their dual fuel until 31 July 2015. Co-operative Energy told ELN it would review after 10,000 customers switched to it following which the company would decide whether to increase the limit or launch a new tariff altogether.

Ramsay Dunning, Group General Manager at Co-operative Energy said: “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.

“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.”

Those struggling to find a present could give an ‘energy gift card’ this Christmas as a survey found 73% of Brits would appreciate help with their energy bills.