Coop Energy Tariffs: 2021 Gas & Electricity Prices
Coop Energy offers three simple energy plans: one variable tariff, one fixed-rate tariff, and one powered by community energy. In this guide, we take a look at these Coop Energy tariffs in more detail, including pricing and how they compare to tariffs offered by other providers.
Coop Energy Tariffs and Prices
Since August 2019, Coop Energy has been working in partnership with Octopus Energy, which means Octopus supplies all of the energy to Coop Energy customers. As a result, all current Coop Energy tariffs use 100% renewable electricity!
Coop Energy tariffs include a fixed-rate tariff and a variable-rate tariff, as well as a unique tariff that is fueled by community energy. All of these come as dual fuel tariffs, or electricity only tariffs, and have standard meter, Economy 7 meter and smart meter options. Let’s take a look at each of these Cooperative Energy tariffs individually.
1. Co-op Flexible
Coop Energy’s variable tariff is called the Co-op Flexible tariff. The supplier will give you 30 days notice of any changes to unit rate. This tariff has no exit fees, you will not have to pay a termination fee if you switch tariffs or providers.
2. Co-op 12m Fixed
This Cooperative Energy gas and electricity tariff is a fixed-rate tariff, meaning the unit rates and standing charges remain the same for 12 months.
Coop’s fixed tariff does not impose exit fees, so you will not be charged if you leave the tariff before the end of the 12-month contract.
3. Co-op Community Power
With this tariff, all of your energy is sourced from community-run renewable energy projects and all gas is carbon offset. Coop Energy buys its energy from Community Energy Projects through Power Purchase Agreements (PPAs) for a fair price. This money then goes into local energy projects, such as installing solar panels on local rooftops and wind turbines on local farmland. Coop Community Energy works with over 80 energy projects across the UK, including Sandford Hydro, Westmill Wind and Solar Farm, and Oxford Bus Company.
Like the Co-op 12m fixed tariff, the Co-op Community Power tariff is a fixed-rate tariff for 12 months with no exit fees.
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Coop Energy Exit fees
Coop Energy tariffs do not have exit fees. This means that even if you are on a fixed-rate contract for 12 months, you can still leave the contract early and you won't be charged an exit fee.