EBICO Price Increase Imminent

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To Ebico representative:

Could you please explain the following:

After looking up your recent price rises for sept 2011, based upon standard tariffs (not websaver / online etc..) it is now cheaper even as a low user to go elsewhere. Traditionally tier 1 / 2 rates have punished low users, and hence always been better for a single rate unit, but now even tier 1/2 and standing charges are cheaper then yourselves. I have also manually calculated against 3 different gas/elec suppliers on new price rises, one of them traditionally always been very uncompeative and expensive.

Ebico now punishes all , traditionally high end users but now punishes low users, more than traditional tier 1 and 2 rates, well done ebico, you have made yourselves completely uncompetative and useless to nearly all.

Spark

Ebico Ltd
I’m sorry to tell you that we will have to increase the price of EquiPower by an average of 12.2% and EquiGas by 19.4% on 14 September 2011. A price increase has become unavoidable and a detailed letter is being sent to all customers. I know this is bad news and many will be worried about further price increases, so I can guarantee that our prices will now be capped at this level until at least March 2012. Phil

12.2% and 19% ? Where?

Following my calculation, this is what I find :

My gaz will go up by 25.3%
My electricity (economy 7) will go up by :
Day : 17.9%
Night : 24.3%

That is comparing what I pay now and what the ebico website said I will be paying in september for my area.

So, who will be paying 12.2% and 19% extra then? I am not even in the most expensive area.

JSR

I think you've got your calculations wrong. Gas is the same price in every region and is going up from 4.011 p to 4.788 p. That's a 19.4% increase.

Edit: Actually, thinking about it, you get 25.3% if you take the old price excluding VAT (3.82 p) and the new price including VAT.