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ebico prices

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  • djohn2002uk
    djohn2002uk Posts: 2,323 Forumite
    oldwiring wrote:
    I'll concde that if Southern raise their tarrifs soon, I will effectivley be proven wrong, but their ises as I habe said ealrier do not seem to be as frequent as those of the chimps that fill tea bags, who have diversified in to the energy market. Can you guess which co I mean?:rolleyes:
    Ah, must be Brooke Bond. ;)
    Must check out their prices next.
    They could have lower overheads because they probably only pay peanuts.
  • Xbigman
    Xbigman Posts: 3,915 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    oldwiring wrote:
    Well as I took the Southern prices theat pertained 12 months ago and those now current in my comparisons of the relative advantahes of RBICO
    I think there is room for argument. However it takes a very small difference in a price rise to change things. In fact in the Southern Region only 1p of the rise accounts for the reduction of discount on electricity.

    I'll concde that if Southern raise their tarrifs soon, I will effectivley be proven wrong, but their ises as I habe said ealrier do not seem to be as frequent as those of the chimps that fill tea bags, who have diversified in to the energy market. Can you guess which co I mean?:rolleyes:

    I wasn't refering to the prices being exactly the same (in fact I think Ebico is a tad ahead of the game) but was refering to market positioning.

    As to pricing, the market is all screwed up. Take british gas. Their residential sales arm makes a loss but their production side makes a big profit. They have claimed that cross subsidisation would be illegal. So are they really selling themselves gas at inflated prices then losing money passing it on to us? On paper maybe, but how come Ebico are cheaper and break even?
    Energy companies are probably bigger liars than banks and thats saying something! (allegedly ;)
    Regards



    X
    Xbigman's guide to a happy life.

    Eat properly
    Sleep properly
    Save some money
  • Cardew
    Cardew Posts: 29,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    melbury wrote:
    Sat down last night and worked out what my gas bill will be now that Ebico have increased their price. Even with the increase I will be better off by £248 over a year, so still well worth switching to them from BG.

    By my calculations that means you use about 55,000 kWh of gas pa if you pay by DD.
  • oldwiring
    oldwiring Posts: 2,452 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Utility comaonies, banks liars. You can't say that; its an indirect slander on me, as I'm sure the UTs I possess must have shares in both.:mad: ;)

    I'll settle for 'economical with the truth'.:D
  • melbury
    melbury Posts: 13,251 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    Cardew wrote:
    By my calculations that means you use about 55,000 kWh of gas pa if you pay by DD.

    No, don't use as much as that, we use about 36,000 kWh per annum and I did work it out based on the new BG prices with the usual two tiers.
    Stopped smoking 27/12/2007, but could start again at any time :eek:

  • Cardew
    Cardew Posts: 29,060 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    melbury wrote:
    No, don't use as much as that, we use about 36,000 kWh per annum and I did work it out based on the new BG prices with the usual two tiers.

    Did you factor in the BG discount for DD?
  • I changed to Ebico for my gas about a month ago in the knowledge that they would be increasing their prices this month so I was neither surprised nor disappointed when they did so.
    I've just run my data through energylinx and find that the only company that could provide me savings is npower; a massive £1.41 so I'm staying put.
    I hope I can relax until next Sep. while I watch the other suppliers successively raise their prices.
  • Wig
    Wig Posts: 14,139 Forumite
    melbury wrote:
    No, don't use as much as that, we use about 36,000 kWh per annum and I did work it out based on the new BG prices with the usual two tiers.

    You're right you now save 226 over BG. But you could save 90 pound more and get 20 pound cashback.....if you wanted to. But will those suppliers raise their prices soon? as they last raised in 1st April and 2nd May
  • melbury
    melbury Posts: 13,251 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    Cardew wrote:
    Did you factor in the BG discount for DD?

    Yes, have just checked the BG site prices again and worked it out as follows:

    Paying by DD
    Tier 1 First 4572 kwh per annum @ 5.207 per unit (inc VAT) = 238.06
    Tier 2 31,428 kwh @ 2.941 per unit (inc VAT) = 924.29

    Total for a year at current price £1162.35


    36,000 kwh per annum with EBICO @ 2.55 per unit (inc VAT) £918.00


    Total saving for the year is a massive £244.35
    Stopped smoking 27/12/2007, but could start again at any time :eek:

  • melbury
    melbury Posts: 13,251 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    Wig wrote:
    You're right you now save 226 over BG. But you could save 90 pound more and get 20 pound cashback.....if you wanted to. But will those suppliers raise their prices soon? as they last raised in 1st April and 2nd May

    Yes I probably could save some more now that Ebico have put their prices, but as you say the suppliers that are currently a bit cheaper may well have an increase shortly - if I am correct I think it is Atlantic and Npower that were a bit cheaper??

    I switched to Ebico last month knowing that an increase was imminent, so I am not really disappointed - I like the whole idea of Ebico, they don't seem as greedy and grasping as some of the other suppliers!!
    Stopped smoking 27/12/2007, but could start again at any time :eek:

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