Ebico pricing

Chinkle

I don't remember seeing any letters re prices rises for Ebico, are they entirely separate to Southern in this respect? If so, should we still expect them to announce their own rises in the next few weeks/months?

Trying to ascertain if its worth our switching from Ebico to another supplier at this time. Not so easy when we are in the middle of price-rising period.

penrhyn

Logically you should only consider moving to a supplier who has already/announced a price rise, as others will soon follow.
Unless you are a very low user you will be paying over the odds atm.

Ebico benchmark their prices against SSE.

They posted this on the 29th Oct on their Friendface page

• 
  

Ebico Ltd Our partner Scottish and Southern Energy has increased their gas price by 9.4%.
At this point-in-time we have no plans to increase ours, but will let you know as-soon-as possible, if we do. Wholesale gas prices industry-wide have been rising over the past few months, but we are seeking to avoid passing these increased ...costs onto customers, if at all possible.


See more29 October at 11:01

Farway

Ebico may well leave the price as it is because they never reduced it when most of the others, including SSE reduced their prices

Thus the price is where it should be already IMO

Upwind

I had a similar response when I contacted Ebico to enquire if price rises were in the pipeline (pun intended). There were no plans to increase prices when I spoke to them.

I hope that they do not rise as I do like Ebico as a company. I think that their easy set-up and simple pricing are easy to understand and account for. Having previously been with NoPower who seemed to go out of their way to confuse their customers, Ebico's clarity is refreshing. I also like the fact that you don't have to sign up for a set amount of time to obtain discounts and are not tied in to a 'package' which would prevent me from moving quickly to an alternative company should their prices become uncompetitive.

Premier_2

Upwind wrote: »

... I also like the fact that you don't have to sign up for a set amount of time to obtain discounts

Yeah, they just decided not to give anyone any discounts at all! :cool:
(unless you were a gas PPM customer, but that's a long story)

Upwind wrote: »

and are not tied in to a 'package' which would prevent me from moving quickly to an alternative company should their prices become uncompetitive.

Unless you are a very low user, they probably already are uncompetitive.
It's unlikely the other suppliers will be interested in competing for such low users as there's very little profit in them.

Upwind

Premier

If it's alright with you for me to have an opinion, I'll do so. What I have said is how I genuinely feel. I am indeed a low user and maybe that is why they suit me. I have always had good service from them and they are IMO (if OK to have one?) a good company.

I am glad that they are a small (not for profit) company and after previous experiences with NoPower, I am happy to stick where I am.

hippey

And they don't charge extra for IGT, makes it worth it for me!

roobers_2

Ebico just announced a price rice for gas of 9.2% (to 4.02p/kwh) from 10th January. Electricity prices to stay unchanged (which is just as well, as those are quite high already).

Farway

roobers wrote: »

Ebico just announced a price rice for gas of 9.2% (to 4.02p/kwh) from 10th January. Electricity prices to stay unchanged (which is just as well, as those are quite high already).

Oh bu66er, I really like Ebico for reasons given by others, and I was not too fussed about a few quid extra per year for the simplicity [yes I can afford it, and am low user], but may now have to look around

Premier_2

Upwind wrote: »

Premier

If it's alright with you for me to have an opinion, I'll do so. What I have said is how I genuinely feel. I am indeed a low user and maybe that is why they suit me. I have always had good service from them and they are IMO (if OK to have one?) a good company.

I am glad that they are a small (not for profit) company and after previous experiences with NoPower, I am happy to stick where I am.

You appear to misunderstand me. Regular readers of my posts on this board will know that I have been a long supporter of Ebico and that I too am of the opinion that they are a good company, and would fully endorse your opinion that their customer service is also good.

However, they are not necessarily the cheapest supplier unless you are a very low user. I would always recommend using a comparison site to see if the premium they are charging most warrants the extra cost.

Whilst they are a not for profit company, but have you seen the amount of surplus they generate each year? Some of this is donated to the Ebico Trust and perhaps other charities they support, but a sizeable amount is retained by the company.

I_luv_cats

It is a blow because I thought they were holding it off. Sometimes they don't follow lower prices.

I like the straight forward pricing (no tiers) and apart from winter it helps keep the bills down.