MSE News: Ebico offers 'free' electricity at night for Economy 7

dave_dph

Based on my exact usage, this tariff would cost me £563 per year compared to £734 on Scottish Power's Online Fixed Saver March 2018 v2 - my current tariff.

Over the year I average just under 75% night use. During the winter months when I'm running 4 storage heaters, my night time usage increases to almost 86%. If I were to switch and Ebico applied the T's & C's, I'd be booted off after a month!

I'm staying put!!!

NittyGritty

NittyGritty wrote: »

as you can see i cant see anything about changing to default, unless i,m looking in the wrong place, theres no mention of the following
""WHAT YOU'LL PAY AFTER YOUR FIXES END"
""WHAT YOU'RE CURRENTLY PAYING"
or i cant see it anyway

footyguy

NittyGritty wrote: »

as you can see i cant see anything about changing to default, unless i,m looking in the wrong place, theres no mention of the following
""WHAT YOU'LL PAY AFTER YOUR FIXES END"
""WHAT YOU'RE CURRENTLY PAYING"
or i cant see it anyway

Sorry, my bad

You only get an alternative form of calculation if you are on a term contract, and have supplied a date when that ends (within 12 months), because then the Ofgem mandated calculation method assumes you go onto the default tariff.

As you are with Bulb, who only offer an ongoing, variable tariff, then you do not see any alternative method of calculation

If you let me know what your supply region is (or first part of your postcode) I'll take a further look for you at what is going wrong with your calculation

NittyGritty

footyguy wrote: »

Sorry, my bad

You only get an alternative form of calculation if you are on a term contract, and have supplied a date when that ends (within 12 months), because then the Ofgem mandated calculation method assumes you go onto the default tariff.

As you are with Bulb, who only offer an ongoing, variable tariff, then you do not see any alternative method of calculation

If you let me know what your supply region is (or first part of your postcode) I'll take a further look for you at what is going wrong with your calculation

no probs,


yes my postcode is PE25 3QT

footyguy

Thanks, I've used that postcode and get the following results - confirming my earlier manual calculations



The unit prices, standing charges, etc you gave are correct, so I suggest you do another comparison (log in to the CEC, and it will invite you to do another up-to-date comparison)

If you are still getting the same results as before, then double check the figures you input originally.
You need to have 80% Economy 7 usage. i.e. 10000/(2500+10000) = 0.8
Yes, you know how much you use per year
The total you use per year should be 12500 kWh


Edit: I think I see what you may have done.
You may have input annual consumption as £1145 worth (this as the CEC indicates, will give you a less accurate result)
You possibly set E7 usage to 75% (this would be an incorrect percentage based on the figures you provided)

Xbigman

I agree its not clear but the way I read it if you used 90% night rate and 10% day rate then Ebico would charge you for 40% of your total units at day rate.



Darren

Cardew

Xbigman wrote: »

I agree its not clear but the way I read it if you used 90% night rate and 10% day rate then Ebico would charge you for 40% of your total units at day rate.



Darren

Would that be averaged over a year? A billing period: A month?

jamie73

Ebico customer services seem unsure as to how the 60% night use is calculated.

I 'phoned them last Saturday to clarify. The advisor, after putting me on hold, stated that the 60% is a yearly average per month. I decided that to be safe before switching that I would send my query by email so that I had proof of this.

Email and response as follows:

I have been looking at your Night Owl tariff and need to clarify the fair usage policy.
It states that monthly night usage must not exceed 60%, but most people on economy 7 tariffs, like myself, use storage heaters for heating for approximately 5 to 6 months of the year, and during these months would use approximately 80% to 90% of their electricity at night. In the remaining warmer months, only 10% to 20% of electricity use would be at night, thus averaging approximately 50% to 55% over the 12 months.

Is the 60% figure an average over the 12 months, or is it used each month individually?

Response from Ebico today:

Hello

The percentage of electricity used at night is calculated over each quarterly billing period.

If you were to exceed 60% night usage over any of these 3 month periods, you would be removed from the night owl tariff.

Best regards

Ebico Customer Service Team
Ebico
Tel: 0800 028 6699
Email: customerservice@ebico.org.uk

ProDave

Dave01 wrote: »

Well this is an interesting tariff. I'm currently 3 days into my cooling off period switching from Scottish Power to SSE,

SSE:
£581 year
Night unit: 6.573p per kWh
Day unit: 14.333p per kWh
Standing charge: 23.02p per day

Currently on Scottish Power:
Day - 12.002p
Night - 4.733p
Standing - 20.55p

Why are you switching from Scottish Power to SSE?

Scottish power are cheaper for both rates and a cheaper daily standing charge.

footyguy

ProDave wrote: »

Why are you switching from Scottish Power to SSE?

Scottish power are cheaper for both rates and a cheaper daily standing charge.

I suspect the SP tariff quoted is coming to an end.;)

I don't think you will find any supplier today offering electricity at 4.733p / kWh
(save for this odd Ebico tariff where it is FREE )