Energy supplier Co-operative Energy is set to share its profits for the year with customers following a vote at its Annual General Meeting.
The provider, which has more than 25,000 customers and celebrated its first anniversary this month, agreed to pay a 1.5p dividend to users.
As a result, customers will share a payout of £105,000, or around 1.5 per cent of their annual bill.
Spokesman for the company Nigel Mason said: "The profit share is at the heart of the co-operative movement - we're owned by our customers so when we do well, everyone shares in the profit."
The share of profits will be divided up based on how much money customers have spent on energy, how often they send in meter readings and if they have referred other individuals to the company.
Recently, it was stated by Clare McNeil, senior research fellow at the Institute of Public Policy Research, that Ofgem should be doing more to encourage competition in the energy sector and enable smaller providers to effectively compete with the Big Six.
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