Founded by the largest regional Co-operative, The Mid-Counties Co-operative, Co-operative Energy was set up in 2010 to provide the whole of the United Kingdom with an energy company that is owned by its customers. Making them different from the 'Big Six' energy suppliers, as they are owned by shareholders. They are the only energy supplier wholly owned by its customers and profits made by Co-Operative Energy are shared with their members twice a year.
Co-operative Energy pride themselves on being fair, transparent, straight-forward, environmentally friendly and ethical. They aim to ensure that the gas and electricity they source contains less than half the carbon content of the national average, so their claim to be an ethical energy supplier is just. Co-operative Energy ensures its energy is low carbon, by avoiding using coal, supporting renewable energy and aiming to ensure the carbon content of its electricity is less than half the national average.
Co-operative Energy say that they aren't looking for the quick sale with short-term low prices to win over new customers and instead look at a long-term approach of bringing consistently low prices for a longer period of time than other suppliers.