Co-op raises energy prices by 4.5%

Gas and electricity supplier Co-operative Energy has called on its larger rivals to put customers before profits as it announced a tariff hike that is about half the rate announced by British Gas and SSE.

The company, whose customer base of 150,000 is dwarfed by the Big Six firms who dominate the UK market, said it was absorbing some of the spiralling costs of buying wholesale energy as it increased prices by an average 4.5%.
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