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Ebico price increase from 2 December 2012

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Comments

  • I_luv_cats
    I_luv_cats Posts: 14,455 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Kite2010 wrote: »
    Low electricity user here (Pay about £300 a year), even with the price rises they re still one of the cheapest for me, I would rather pay an extra fiver a year to stay away from the big 6


    SSE are their billing/supply partner. (one of the big six)
  • Mee
    Mee Posts: 1,498 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Eastern area now: E: 15.63 (incl. VAT) G: 5.06 (incl. VAT)
    Low user too: E: 688 kWh /an G:2404 kWh/an
    but prefer Ebico's equitable/no penalty payment options.
    Free thinker.:cool:
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    Does anyone know what the new SW electricity rate will be? We are with good energy at the moment which will increase to 15.45p/unit plus a daily standing charge of 14.25p.
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    Thats very kind of you, thank you Ken. It looks pretty well neck and neck then, perhaps just a few pence a day difference. I won`t change now but have used ebico in a previous house and know that the company is a good one, as is good energy
  • Wywth
    Wywth Posts: 5,079 Forumite
    Prices for Good Energy (from 5th Dec 2012) here:

    http://www.goodenergy.co.uk/media/BAhbBlsHOgZmSSIdNTA4NzlmNzYxZGVkNjgwMDAyMDAyY2MzBjoGRVQ/GoodEnergytariffs.pdf

    As you correctly say, the price per kWh for the SW region is 15.45p plus a daily standing charge of 14.25p

    Ebico price (from link above by Ken68) indicates price from ebico will be 16.87p

    So thats a difference in unit price of 1.42p

    So unless you are using over 10 kWh per day (3650 kWh per year), then you will be better off with Ebico.

    If you are a high user, consuming 3650 kWh per year or more, you should not even be considering Ebico who are only good (especially for electricity) for low users.

    Consult a comparison site to find the best deal for you :)
  • I see that the coop are lowering prices a little, so have now compared 3 companies for our electricity usage of 2651 units pa. I have used the coop tariff as it is today, announcement just made this morning so reduction not factored in, I presume

    good energy: £434
    coop: £413
    ebico: £447

    so as things stand right now, I can save £20 a year just for a few minutes to fill in a form. I want a simple transparent tariff with no penalty
  • Wywth
    Wywth Posts: 5,079 Forumite
    I can only reiterate the advice I gave earlier ...
    Wywth wrote: »
    Consult a comparison site to find the best deal for you :)
  • thank you wywth but my maths ability is good. Simple sums really as I am not going with any of the big utilities. My actual saving, including the nitty gritties, is £67 pa, so a very worthwhile exercise
  • pooch
    pooch Posts: 828 Forumite
    edited 16 November 2012 at 1:00PM
    kittie wrote: »
    I see that the coop are lowering prices a little, so have now compared 3 companies for our electricity usage of 2651 units pa. I have used the coop tariff as it is today, announcement just made this morning so reduction not factored in, I presume

    good energy: £434
    coop: £413
    ebico: £447

    so as things stand right now, I can save £20 a year just for a few minutes to fill in a form. I want a simple transparent tariff with no penalty
    kittie wrote: »
    thank you wywth but my maths ability is good. Simple sums really as I am not going with any of the big utilities. My actual saving, including the nitty gritties, is £67 pa, so a very worthwhile exercise

    It's not really a question of sums, but rather of having all the data available from all the suppliers to find the best possible deal for you.

    But as you brought up the matter of your mathematical ability ... :D

    Using a comparsion site indicates the following annual cost with the following suppliers:

    Good Energy (100% South West) - £444
    Co-op (Pioneer) - £406 (based on 2% reduction announced today)

    but also worth considering, taking into consideration you say you will not go with any of the big 6:

    Ovo (New Energy Fixed) - £406
    iSupplyEnergy (iFix) - £385

    And you can get cashback too via a comparison site (using special MSE links) if you switch to Good Energy, Ovo or iSupplyEnergy. :beer:
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