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Ebico, having a laugh?

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Robert2009
Robert2009 Posts: 342 Forumite
After getting a bill from Eon and working out how much my gas and electricity cost me for the past year I thought I would see if I could get it any cheaper for the next year and after hearing such wonderful things about Ebico, ;) I went to their website.

Eon cost me, and if I use the same amount again this year,£540 for gas and £420 for electricity . This includes any discounts, so £960 for the year.

I am on FixOnline6

Same amount of gas and electricity from Ebico, £679 for gas, and £580 for electricity, a grand total of £1259.

Charging £302 more than Eon and yet Ebico are not making a profit from that :eek:?

Something is far wrong there if Eon can make a profit on selling me gas and electricity for £960 and Ebico can't and yet would charge me £302 a year more for it.

Whoever is running Ebico needs to go on a business course on how to make a profit reselling fuel:(.

And if I could get my gas and electricity a lot cheaper than I am getting it from Eon I would be off like a shot.

Rob.
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Comments

  • neil9313
    neil9313 Posts: 696 Forumite
    I dont think you understand the model for Ebico, its not for profit
  • karatedragon
    karatedragon Posts: 1,148 Forumite
    Ebico is really for small consumers. I would have kittens if my energy bills were as high as yours even with eON. I pay £10 a month prepay to Ebico for gas and about £15 a month for electric.

    Maybe you should reduce your consumption and you would save further no matter who supplies you.
  • Robert2009
    Robert2009 Posts: 342 Forumite
    I pay £10 a month prepay to Ebico for gas and about £15 a month for electric

    You try paying that in Scotland for a 3 bed semi, I would love to live in the south of England where it is nice and warm.

    It was frosty the other night, ice on the car when I got up.

    Outside temp 9 deg C at 6pm just now and that is what it has been all day.
    Rob
  • Robert2009
    Robert2009 Posts: 342 Forumite
    So you're telling me you use 1300 kWh of electricity and 3350 kWh of gas a year?

    My 2 computers use that electricity in a year.

    If I was using that I would be cheaper with Ebico.
    Rob
  • Mee
    Mee Posts: 1,485 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I changed from EoN to Ebico last year. Ebico offered the best price per KWh for my area and I kind of like the fact that they don't discriminate on 'how you pay' -i.e. if I choose to pay by standing order/online payment or even cash/cheque rather than DD, I don't pay any more than the next person.

    I won't pay money upfront or provide a supplier with my bank details in order to gain a discount on my overall bill -this may be very unMSE!?!
    Free thinker.:cool:
  • Robert2009
    Robert2009 Posts: 342 Forumite
    I won't pay money upfront or provide a supplier with my bank details in order to gain a discount on my overall bill

    Well, for over £300 a year they can have my bank details.

    Rob.
  • Robert2009
    Robert2009 Posts: 342 Forumite
    Maybe you should reduce your consumption and you would save further no matter who supplies you

    Even although the cost of gas and electricity have gone up drastically over the past couple of years I actually paid £40 less on my bill this quarter than last quarter by insulation and cutting down my usage.

    Not everyone lives in a minute flat.

    Rob
  • Robert2009
    Robert2009 Posts: 342 Forumite
    I dont think you understand the model for Ebico, it's not for profit

    So what is it for?

    Rob
  • Cardew
    Cardew Posts: 29,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    Robert2009 wrote: »
    So what is it for?

    Rob

    With all other companies the more gas/electricity you use, you pay(in effect) less per kWh. This is because you pay a lower proportion of your energy at tier 1 rates; or the daily charge has less effect.

    Conversely low users paid a higher proportion.

    Ebico sought to address that situation by having no Tier1 rates or standing charge and the same tariff regardless of how you paid - DD, quarterly or pre-payment. Until recently pre-payment customers paid the highest rates with a premium over standard tariffs.

    So their ethos was to provide cheaper energy for those who(in general) were least able to afford gas and electricity bills.
  • Woby_Tide
    Woby_Tide Posts: 5,344 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Robert2009 wrote: »
    If I was using that I would be cheaper with Ebico.

    BINGO grab yourself a prize

    apparently, not everyone uses the exact same amount of gas and electric as you, nor lives in the same region. Hard as it is to fathom for you
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