Skip to main content

Co-op Energy reviews, tariffs and information

Co-op Energy is part of the Midcounties Co-operative and is partnered with Octopus Energy. The partnership brings together two companies that aim to offer fair pricing, simplicity and excellent customer service.
Share this guide
Co-op Energy Logo

About Co-op Energy

All energy tariffs offered by Co-op Energy include 100% renewable electricity as standard. The supplier's power comes from local sources all over the country which generate green energy from wind, sunshine and water.

You can find out more about Co-op Energy on the supplier's website.

How Co-op Energy prices have changed in 2022

Like most UK energy suppliers, Co-operative Energy tariffs are subject to Ofgem's energy price cap, which sets the maximum rate suppliers can charge for average usage on their standard variable tariffs.

The cap was set at its highest ever level of £1,971 in February 2022, coming into effect in April. Co-op Energy therefore set its SVT rate at £1,968.93. This followed a price hike to £1,266.14, which ran from October 2021 to April 2022, in the wake of another price cap raise.

In February 2021, Ofgem announced it would be increasing the price cap by 9% from April 2021. In reaction to this, Co-Operative Energy prices were increased by 7% on the supplier's Co-op Flexible tariff. This translates to a £69 price rise for customers on this tariff. However, Co-op Energy prices were kept lower than the new £1,138 price cap, with a new average price of £1,032.

Acquisition of GB Energy and Flow Energy customers

In November 2016, small energy supplier GB Energy went out of business, and Co-op Energy absorbed its 160,000 customers. In May 2018, Co-op Energy acquired Flow Energy's 130,000 customers.

Co-op Energy continued to operate Flow Energy and GB Energy as separate brands until partnering with Octopus Energy in 2019, when only the Co-operative brand was retained. Customers of the smaller suppliers were transferred to Octopus Energy accounts.

Is Co-op Energy going bust?

The energy market is challenging and unpredictable at the moment and there is a certain level of risk to some suppliers - find out why in our energy market Q&A guide.

Read more:

Discover how 2022 energy price changes affect energy bills

Find out which suppliers have increased or decreased their energy prices this year. Compare latest energy deals and help save you money on energy bills in 2022.

Learn more
piles of coins and then a lit lightbulb

Gas and electric costs | Understanding kWh

What is the gas and electricity cost per kwh in the UK? To understand what a kWh costs, you first need to know what the difference between a kWh and a kW is. Discover all you need to know about understanding electricity price per kWh.

Learn more

Who supplies my gas or electricity?

From the Priority Services Register to tailored support, many energy suppliers are taking steps to make it easier for those with visual impairments to manage their energy bills and accounts.

Learn more