Just as we are all cutting down here there and everywhere, we are told that gas bills are likely to rise by 15% by the end of this year. British Gas are the leaders on this price hike, but as usual, all other major suppliers are probably going to follow. However, always the one to try and buck the trend are the Co-op, and they have vowed to challenge the top 6 energy giants, and make their energy tariffs very easy to understand.
Not only this, but they promise to source their energy from renewable sources such as wind and hydro-electricity. This together with the fact that are no shareholders, which in turn means their profits get divvied up between their customers giving 1.8p per £1 back to their customers, could mean a shift in power of energy suppliers.
There are already a few energy suppliers out there that provide 100% of its energy through renewable sources, such as Good Energy, but in general, these are more expensive than the generic supplier. No matter how much people want to be “carbon conscience”, saving money will always come first. So this maybe something for the future, but at least someone is trying to make a difference.
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