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Ebico Energy supplier ???

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kingrulzuk
kingrulzuk Posts: 1,330 Forumite
Hiya all

i have just joined ebico as the price was so cheap and no something called standing charge which is a con.

does anyone know about this supplier? as it says THE UK'S ONLY NOT-FOR-PROFIT ENERGY SUPPLIER?

Also there is Co-Operative energy,OVO energy,First utility,Good energy. and maybe more

Any comments ?????
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Comments

  • Nada666
    Nada666 Posts: 5,004 Forumite
    The standing charge is not a con. Ebico still collect standing charges except not on a flat amount daily - they collect a premium for each and every kWh you use. Their standing charge is uncapped and pro rata your consumption. They are only cheap for a very limited number of cases.

    Yes, there are supplies other than the big six. They have been around for quite a while.
  • apt
    apt Posts: 3,236 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    There's a cost of getting electricity or gas to your home so if Ebico is left with a bunch of low users it will have to change its tariff structure or go out of business.
  • kingrulzuk
    kingrulzuk Posts: 1,330 Forumite
    I was with SSE before and they charged me for Electricity 15p per kwh and 27p a day standing charge.

    now im with ebico and all i get charged is 17p per kwh with no standing charge.

    im a very low user most of the time im at work and some times i use 1kw in 2 or 3 days. im sure some people will not belive me
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  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    OP, you are confusing 'not for profit' with 'cheapest supplier'.
    Ebico are only cheapest for very low users.
    No free lunch, and no free laptop ;)
  • Nada666
    Nada666 Posts: 5,004 Forumite
    kingrulzuk wrote: »
    now im with ebico and all i get charged is 17p per kwh with no standing charge.
    That's a variable tariff. You can pay less than that on a fix until December 2017 with npower.
  • thommy
    thommy Posts: 581 Forumite
    Nada666 wrote: »
    That's a variable tariff. You can pay less than that on a fix until December 2017 with npower.

    You should point out that this tariff has a standing charge, which is deducted from the bill, if you pay by direct debit. This may not be of benefit to some.

    Ebico has no standing charge, regardless of payment method.
  • kingrulzuk
    kingrulzuk Posts: 1,330 Forumite
    Thats right Thommy

    People only talk about big 6. why dont anyone talk about the small suppliers?
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  • Nada666
    Nada666 Posts: 5,004 Forumite
    thommy wrote: »
    You should point out that this tariff has a standing charge, which is deducted from the bill, if you pay by direct debit.
    Hey! That's my line! :D
  • Nada666
    Nada666 Posts: 5,004 Forumite
    kingrulzuk wrote: »
    People only talk about big 6. why dont anyone talk about the small suppliers?
    Because they don't don't they often do.
  • kingrulzuk
    kingrulzuk Posts: 1,330 Forumite
    Nada666 wrote: »
    Because they don't don't they often do.


    Sorry Sir but i dont get you :)
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