EBICO customers be aware.

Premier_2

Ken68 wrote: »

...Do Ebico have shares ?

No, the company is limited by guarantee, i.e. no share capital

c0113tt3

kittie wrote: »

I too am staying with ebico as I like their honesty and ethics. My new electricity price is, I think, the dearest in the uk ie 15.20p :eek:

I can`t really compare this year`s usage to last year as we have put more energy saving measures in place but based on the last full year our energy costs will increase by £188 pa. However the bills for the last 2 quarters were each under £96 so I reckon that gives us a lot of slack for the cold, dark months

Ethics? what ethics fair price for all?

How is saving £110 paying by dd, or even £45 by quarter cash / cheque (just on 1 fuel) to another supplier who does make profit, pay for share holders. How is that ethical. The idea is a fair price for all, well that counts for most people there, so whos left? people who pay by key card / pay as you go meter? well I have not worked out their figures, but judging from this, it would probably be cheaper for them elsewhere too, if not very marginal to a company who is not ethical ...... makes profit etc.... Ebico is no longer ethical, ebico is no longer honest either considering it promotes this fairness, but in all examples / situations of paying is more expensive. It is dishonest of them to promote this idea, considering its cheaper elsewhere in the examples given, on all payment methods.

How much subsidy does it need for pre pay / key card payment, it gets £110 by people who pay by direct debit, £45 paying by quarter cash / cheque, just on 1 fuel alone compared to another company who is not ethical, has profits / shareholders. I am going to work out the figures on key card holders just to prove this point.

ebico is not honest and not ethical any longer.

1carminestocky

I've tried (unsuccessfully) to discover the salary the Ebico founder draws each year (although I do know a lot more about him now, lol). Anyone able to find out this info? I'm not suggesting for one moment that his salary will be on a par with the Big 6's fat cats but at least their remuneration is in the public domain (normally coutesy of the press), but Levermore's remuneration is never mentioned. I don't think that's fair, personally.

Dreamnine

Is Ebico as unethical as British Gas?

1carminestocky

Dreamnine wrote: »

Is Ebico as unethical as British Gas?

Easy one. No.

c0113tt3

Dreamnine wrote: »

Is Ebico as unethical as British Gas?

Yes it is now.

At least british Gas dont claim they are ethical, fair price for all, no shareholders / advertising to pay and no profits. Of course ebico does claim this, and now charges you a lot more than some other energy suppliers who do make profits, shareholders, advertisements to pay for.

As stated prior, how much subsidy does it need for people who pay by pre payment / key card considering, you can go elsewhere and pay by dd and get average use elec £110 cheaper, or pay by cash / cheque £45 cheaper. I believe its gonna be very marginal if not more expensive for pre payment meters / key holders too.

Here is the evidence:

ebico new price for yorkshire elec 14.07 inc vat 24.5 % increase
3,000 kwh (average use per year) = £422

scottish power yorkshire pay by direct debit (discounted energy 3 % off rates)

Tier 1 14.326 inc vat, ceiling 900
Tier 2 08.816 inc vat
Based on average 3000 kwh, yorkshire region
Total = £314

or

Scottish Power, yorkshire pay by direct debit standard rates

TIER 1 14.769 inc vat, tier 1 ceiling 900
TIER 2 09.089
Based on average 3000 kwh, yorkshire region.
Total = £323.79

or

Scottish Power yorkshire pay by quarter cash / cheque
Tier 1 17.236 inc vat, ceiling 900
Tier 2 10.665 inc vat
Based on average 3000 kwh, yorkshire region
Total = £379.09

or

Scottish Power pay as you use by pre payment meter
Tier 1 19.551 inc vat, ceiling 900
Tier 2 12.779 inc vat
Based on average 3000 kwh, yorkshire region
Total = £444.32



Well, ebico works out £22 cheaper for pre payment / key card holders on average use.

But if you pay by cash / cheque every quarter ebico is £45 more expensive.

But if you wish to pay by direct debit then ebico is £110 more expensive.


So based on those comparisons, what can you evaluate from it?

Well we know ebico is fair price for all, particulary based towards pre payment / key card payment.


Ebico the consumer saviour saves you £22 a year if you are pre payment !!, but grossly over charges you if you pay by other means. So ebico ethics / claims, saves pre payment £22 per year !!! , but then charges you £110 or £45 more than elsewhere to pay by dd / cash / cheque. So remember your £110 or £45 depending on how you like to pay, saves pre pays £22 !!!!!


Do those figures justify a company that is not for profit, no shareholders, no advertising to pay, no switches to pay and fair price for all? Considering it is being compared against a company who is for profit, has no ethics, does have shareholders / advertising to pay?

Does the difference in amounts justify the means, in subsidising? pre pay meters etc..

Does ebico have the consumer at heart? does ebicos ethics really mean anything now?

Is this a fair price for all?

Are ebico really being honest about all their claims? or are they now dishonest in still making such claims?

Dreamnine

That is bad. I'm with Scottish Hydro and they are unethical, too.

tghe-retford

Owch. This is a nasty increase though EBIco still come out on top for me through the comparison sites. However, the increases in percentages now push me into fuel poverty. Needless to say, because I work, am a young person and rent, I won't get any help. :mad:

markharding557

I have found that for me in the midlands electricity area edf come out cheapest for prepayment and cheaper still on edf social tariff
http://www.edfenergy.com/sustainability/our-sustainability-challenge/affordable-energy/energy-assist-social-tariff.shtml
however they remain lowest for gas on prepayment

Ken68

The annual discounts and the direct debit discounts is BRIBERY by any name and sculpting and the tier rate fiddling is out and out unethical and the low internet rates discriminate against the uneducated.
And you call Ebico the bad guys.!!!!!!