ebico prices

Ken68

Yes, Old., but the greatest percentage of defaulters come from the less well orf.
So everyone else including the rich are subsidising the poor.

Cardew

oldwiring wrote:

Another questionin my mind is, how much of the percentage point reduction can be attributed to the greedy rich all eready on the bandwagon.

Greedy Rich?

Are you seriously implying that 'rich' people are 'greedy' because they look for good value?

What should they do? Find the most expensive tariff to use and give the shareholders of that company a little more on their share dividends.

oldwiring

Cardew wrote:

Greedy Rich?

Are you seriously implying that 'rich' people are 'greedy' because they look for good value?

What should they do? Find the most expensive tariff to use and give the shareholders of that company a little more on their share dividends.

I know that would stir the pot. No I do not believe the rich should go to the dearest supplier, evne tough they may be able to afford to, but in my opinion they should not try and get something cheap and good that is intended for the poor and disadvantaged. SSE wh oare the real suppliers behind EBICO will have considered how much energy they can sell to EBICO at privialeged rates, and I'd think, were I they, that, if too many high users were in or entering EBICO contracts, to adjust the price could offer to prtect my business. That would make some deserving suffer; th well off would hardly feel it, and how many would use the savings for the benfit of others?

Wig

My take on this

http://forums.moneysavingexpert.com/showthread.html?p=2740893#post2740893

Cardew

oldwiring wrote:

I know that would stir the pot. No I do not believe the rich should go to the dearest supplier, evne tough they may be able to afford to, but in my opinion they should not try and get something cheap and good that is intended for the poor and disadvantaged. SSE wh oare the real suppliers behind EBICO will have considered how much energy they can sell to EBICO at privialeged rates, and I'd think, were I they, that, if too many high users were in or entering EBICO contracts, to adjust the price could offer to prtect my business. That would make some deserving suffer; th well off would hardly feel it, and how many would use the savings for the benfit of others?

There is far too much supposition in the above quote to be worthy of serious comment.

"intended for the poor"?

"SSE have considered

---

how much they can sell etc"?

You really can't present your theories as fact and expect informed discussion.

Wig

Ebicos policy is to encourage everyone to use their services, rich or poor, low user or high user, the more high users which come on board the better it will mean that the unit cost can be lowered.

The idea is that altruistic high users will come not to save money but because they recognise the system is fair to everyone, instead of the poor subsidising the rich as in all other suppliers it will be the rich theoretically subsidising the poor, and logically that's the way it should be. But in reality no one is subsidiasing anyone because EVERYONE is paying the same price and only paying for what they use.

oldwiring

See http://forums.moneysavingexpert.com/showthread.html?p=2661806#post2661806
post #67.

Whose next meal will taste of crow?:D

oldwiring

OK you call it supposition because you do not like what I suggest. That's OK by me.However we view things I suggest thatwhatever Ebico's desires, aims and principles are, the price they will get their supplies at, will be dependent on what the wholesaler (e.g. Southern) wishes to give Ebico. Plain common sense will see that the supplier will not permit it to damage itself by selling too much energy at too large a discount. If it perceives that is likely, it will harden its terms as far as possible.

Ebico for its part could seek an alternative supplier, or Reduce its own margins or costs, in theory.

ic

Well I've been with Ebico for the last 18 months, and in that time they've been consistently cheapest for me. I've just checked and I could save a whopping £18 by moving - so I won't bother as that's just too close to be worthwhile. Reality is as I live on my own and work full time, and I'm fairly energy concious I don't have high bills. This means most companys' stepped rates (a higher charge for the first x units per quater) doesn't work for me, Ebico's flat rate is great.

My actual supplier is Southern Electric which means I'm officially their customer too so I was able to take up their grants on insulation. It cost me £325 to have both cavity wall insulation and loft insulation. In comparison EDF would have charged £550 for the same!

Xbigman

Ebico are not moving to a situation where high users are penalised. The position is that they have always benefited those who are low users and those who are paying using an expensive payment method IE prepayment. Their not raising prices for a year might have skewed it so higher users could benefit but it was always going to correct itself (as I pointed out numerous times in this forum).
Ebico is still cheapest for gas for me but not for electricity. At least in theory. I've had loads of grief in the past by not being on the right tarif and I have more confidence it Ebico's single tarif system than in anything else that is so say cheaper. I'll be staying with them.
I also love quarterly bills. Now I don't pay by DD because I have had nothing but trouble with it. Instead I pay online on the day I recieve the bill, a method no dearer for Ebico to collect than DD but which won't get you a discount.
This company cannot be beaten on service, clear bills or ethics. It is close to unbeatable on price. Why would I go anywhere else.
Regards


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