EBICO Price rise from 14/9/11

ra200

I received a letter in the post from ebico stating that prices will rise on the 14/9/11 electricity will rise by a average of 12.2% and gas by 19.4%

In wales standard electricity will rise to to 15.82 ppu inc vat and gas will rise to 4.79 ppu inc vat:(

I have a electric heat pump as my main heating and that eats electricity so time for extra jumpers this winter:(

Farway

Had my letter today as well, they do state however that they are now capped until at least March 2012

The forecast for my annual energy cost, gas & electric, at the new price is £607 [with gas CH & cooking] so as low user, living in one of the milder parts of the country, it not a big problem to me luckily

MillicentBystander

STILL not showing the new figures on energyhelpline.

allan673

im with ebico, i may have to look at swapping suppliers now.

Gerrard_8_lfc

ra200 wrote: »

I received a letter in the post from ebico stating that prices will rise on the 14/9/11 electricity will rise by a average of 12.2% and gas by 19.4%

In wales standard electricity will rise to to 15.82 ppu inc vat and gas will rise to 4.79 ppu inc vat:(

I have a electric heat pump as my main heating and that eats electricity so time for extra jumpers this winter:(

They prices look high perhaps you should switch.

Electricity at 15.82 is shcoking excuse the pun.

Ypaymore

Gerrard_8_lfc wrote: »

They prices look high perhaps you should switch.

Electricity at 15.82 is shcoking excuse the pun.

They already quote that price on there site for the South Wales Region. 15.06p per kWh exc VAT (15.813p per kWh inc VAT)

https://www.ebico.org.uk/products-and-prices/rates-and-prices

HappyMJ

Gerrard_8_lfc wrote: »

They prices look high perhaps you should switch.

Electricity at 15.82 is shcoking excuse the pun.

Not too bad for South Wales at average usage (3300kWh/year) it's the same as having a 14.4p a day standing charge depending on what you compare the rate to. EDF and Npower are cheaper than Ebico but they have not yet announced price increases. Of course if one was able to then it's always been better to join a plan that is duel fuel, managed online and paid by monthly direct debit. The best tariff is SoL23 from Npower charging 10.13p/unit and has a 28.25p/day standing charge for a total annual bill of £395 saving £127 on Ebico's new prices.

standard plans - pay on receipt of bill - south wales
EDF...............13.18p (13.8p/day s/c) £485/year
Npower............14.23p (6.85p/day s/c) £494/year
Ebico.............15.82p (0.00p/day s/c) £522/year
Atlantic/SWALEC...13.83p (18.3p/day s/c) £523/year
British Gas.......13.31p (26.9p/day s/c) £536/year
E-on..............12.93p (35.6p/day s/c) £555/year
Scottish Power....13.52p (39.3p/day s/c) £590/year

If anyone in south wales is stuck on a prepayment meter then Spark Energy has a fixed 12 month tariff for 11.02p/unit and a daily standing charge of 10.07p for an annual bill of £401. I'd get on to that quickly before the price goes up. It seems a good tariff at only £6 a year more expensive than the cheapest direct debit option available.

Davey2009

I have been with Ebico for years never had problems but needs must & I to have looked @ changing EDF fixed 2014 is my personal choice, its all a bit of a gamble will prices fall or continue to rise & being an old cynic I think they will rise .
The only thing to Ebico's credit I would add is theres no standing daily charge so you only pay for what you use, still done my research here gone through Money supermarket & should get £30 cash back a month after the changeover.
Great site Martin dont know what we'd all do without you:T