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Ebico??? gas and electric

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  • madnes
    madnes Posts: 49 Forumite
    I was with EBICO until recently. The property I moved into had PP meters installed. The supplier was SSE. SSE seemed to have a problem in actioning the tarrif switch to EBICO in all took around 4 months however they backdated the tarrifs.

    SSE agreed to remove the meters free of charge and installed credit meters.

    If you have PP meters I would recommend you leave your current provider and switch to them as they have no Standing Charges.

    I found that the EBICO tarrif was not the cheapest on Direct Debit and I switched to EDF for an on-line tarrif.
  • KimYeovil
    KimYeovil Posts: 6,156 Forumite
    1,000 Posts Combo Breaker
    madnes wrote: »
    If you have PP meters I would recommend you leave your current provider and switch to them as they have no Standing Charges.

    Why? Justify your arbitrary suggestion.
  • Leblanc_2
    Leblanc_2 Posts: 157 Forumite
    I have been with them for a number of years, but my last three gas and electric bills were getting far too expensive, despite steps to economise.
    I stayed with them despite this because of the service. However, I found that all my more recent calls were being dealt with by Hydro Electric who in turn are part of SSE. I subsequently did a price comparison and this suggested a £270 pa saving.
    I have now changed to an alternative supplier who are rated very highly for their service.
    I should probably have done this change at least three bills ago, but there is a certain element of inertia, particularly as I expected them to reduce their tariffs like some of the other suppliers have done.
    The cheaper pricing suggests that Ebico are not nearly as competitive as they were when I first went with them.
    Don't just rely on the figures given by the switching sites. Recalculate your last bill to verify there is an actual saving, which there was in my case.
    Given that some advisers are saying that energy prices are about to rise again, I went for a fixed price, but was still considerably cheaper than Ebico.
  • madnes
    madnes Posts: 49 Forumite
    KimYeovil wrote: »
    Why? Justify your arbitrary suggestion.

    Hi,

    I don't believe I have anything to Justify.

    Ebico charge you the same price regardless of how you pay them.
  • Premier_2
    Premier_2 Posts: 15,141 Forumite
    10,000 Posts Combo Breaker
    edited 18 May 2010 at 2:06PM
    Leblanc wrote: »
    ...Given that some advisers are saying that energy prices are about to rise again, I went for a fixed price, but was still considerably cheaper than Ebico.

    Gas prices are linked to the price of oil. Electricity is linked largely to that of gas since so much is produced from gas fired power stations.

    I saw yesterday that oil plunged below the $70 a barrel from recent values of about $80 - $85 (notwithstanding the fact that the £ is only about $1.46 compared to about $1.50 recently). The lowest oil price since early October 2009.

    Not sure why some advisers are contemplating rises at this time... but there will always be the odd doom & gloom mongerer, I suppose; typically they are quoted by one of the tabloids on a no news day.
    "Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 2010
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