We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

EBICO. Fab

24

Comments

  • MarkyMarkD
    MarkyMarkD Posts: 9,912 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The reason I asked the question, kittie, is that ebico have never come up as best buy on a comparison site for me. And I don't believe that this is due to conspiracy theory c**p that the comparison sites don't like them.

    Indeed, if I go to ebico's website I can see that:

    for my 20,114 kWh of gas, ebico would want 2.86p/kWh i.e. £575.26; and
    for my 4,216 kWh of daytime and 1,420 kWh of night-time electricity, ebico would want 13.17p/kWh and 4.47p/kWh respectively i.e. a total of £618.72;
    so that's a total of £1,193.98.

    USwitch shows a best price for this consumption of £993.95 which is only £18.67 less than my present supplier i.e. they charge me £1,012.62.

    Your comments about energy-saving are all well and good, but they are nothing to do with ebico. You can save energy whichever supplier you choose.
    How on earth do people think that ebico is good value?

    (Incidentally uSwitch do list ebico, and show the total cost as slightly lower than I calculate but not materially different - they are around the 21st cheapest deal. :rolleyes:)
  • Cardew
    Cardew Posts: 29,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    Have to agree with the post above.

    For my postcode, for an average user(20,500kWh gas and 3,300kWh electricty) EBICO rank 32nd of 50 on price.

    On my consumption they are 42nd on price.
  • MarkyMarkD
    MarkyMarkD Posts: 9,912 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The reason I am asking the question is that all I ever see is lots of "they are lovely because they don't have standing charges" twaddle and no hard facts demonstrating that they are good value.

    Now, obviously, because they don't have standing charges (or dual unit rates which are effectively the same except for low users), they will be cheaper for people with second homes or who have gas but only because they have a gas cooker and no central heating. But for the vast majority of people with more normal consumption patterns, a flat rate without a standing charge element will be more expensive.
  • c0113tt3
    c0113tt3 Posts: 313 Forumite
    They work out average on the price of gas if you use approx 17,000 kwh per year, which is just slightly less than the average household uses. The lesser the figure than 17,000 the cheaper they are. Ebico also suit working people households without families, or small homes, or even if you just dont use much gas at all. Generally for them to be one of the very cheapest providers, you need to use less than around 13,000 per year, which the above listed circumstances are around that figure. If you have a large to medium home, family and or someone always at home and use the heating, you will use 20,000 plus on the gas, and ebico would work out to be expensive.
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    re EBICO. I don`t care if ebico aren`t top of the price comparison chart for me and I don`t know if they are or not on recent comparative pricing. I do care that they treat all users fairly and if I have to subsidise users then that is ok by me. I DO KNOW that I like the billing method, ethics and the clarity and I am obviously a comparatively low user so no contest for me. I do understand, however that it would not be for high users, unless they have plenty of money and are feeling charitable

    ps: Using my previous data I think I save about £14 a quarter by using ebico and a 14% saving isn`t bad at all
  • DGJsaver
    DGJsaver Posts: 2,777 Forumite
    c0113tt3 wrote: »
    They work out average on the price of gas if you use approx 17,000 kwh per year, which is just slightly less than the average household uses. The lesser the figure than 17,000 the cheaper they are. Ebico also suit working people households without families, or small homes, or even if you just dont use much gas at all. Generally for them to be one of the very cheapest providers, you need to use less than around 13,000 per year, which the above listed circumstances are around that figure. If you have a large to medium home, family and or someone always at home and use the heating, you will use 20,000 plus on the gas, and ebico would work out to be expensive.


    Thats all well and good but myself and my partner work every day , dont use centra heating in the summer , have a 2 bed masinonette , gas hob but electric oven

    Our gas consumption is 8173 for 4 months (feb to last week)

    Thats about 20000 a year , so i would , or would have , considered us low to medium users of gas but obviously not , and that means ebico are out for us , atlantic are the top pick in the lists just after BG , and they seem to have a good policy also :rolleyes:
  • c0113tt3
    c0113tt3 Posts: 313 Forumite
    DGJsaver, if you both work and dont use gas in the summer, you either have a cold home that takes a lot of heating, or you like ibiza temperatures in your home lol.

    I know family / friends including myself with varying circumstances, ie both at home, or both work, gas cooking, gas central heating, dont use gas in summer etc.. we have warm homes in winter and only use 13,000 a year !! We dont use the gas fire much in whatever season unless its really cold, central heating suffices, and even in winter typically its on 3 hours a day, when we are at home in an evening, and dont have it on in the day as we are at work.

    Everyone is different in the temperature they feel warm and comfortable, my parents for example have their house really hot all the time, even in summer lol, then again they are on staywarm, but if you are using 20,000 and working, then im sure you could cut your cost in the amount you use too.

    I am sure you are aware of measures that can be taken to reduce consumption? the main ones being type of boiler (we have one that heats water as and when you need it, takes about 30 seconds and you have boiling hot water) in those type you usually have the pressure at 1 bar, but to make them more efficient you put the pressure at 1.5 and work perfectly fine, insulation in loft / windows / doors, bleeding the radiators often, knocking down the automatic temp a degree or 2. Also a lot of people have heating on for when they awake in the morning, an hour or so before they go to work, spend an extra 20 minutes in bed, and then get ready for work, there really isnt a need to have the heating on before you goto work, or whilst you are at work. When you get in from work, then put the heating on, as often as soon as you step from outside in the cold to inside you feel warmer, and dont feel that your home is cool until a good 30 minutes after you have been inside, meanwhile you put the heating on. When you are nearing bed time, turn the heating off an hour before you go, by the time you start to feel cooler, its bedtime anyway. Buy some dressing gowns and or slippers for when you get up, or last 30 mins before you got bed. Do the washing / drying on a day where the weather is ok to fine rather than using the central heating, of course this is not always possible, most especially in winter, but still it helps to reduce the cost. By doing this, you can hammer the heating when its is really very cold too and we stay within 13,000.
  • Cardew
    Cardew Posts: 29,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    c0113tt3 wrote: »
    DGJsaver, if you both work and dont use gas in the summer, you either have a cold home that takes a lot of heating, or you like ibiza temperatures in your home lol.

    Or a big home?
  • c0113tt3
    c0113tt3 Posts: 313 Forumite
    I think you missed this cardew.

    "have a 2 bed masinonette"
  • DGJsaver
    DGJsaver Posts: 2,777 Forumite
    thanks for your advice , im am suspicious that somethings amiss , i am going to take measures , ie bleed radiators etc , and its an old victorian big house split into flates and ours is the bottom one with the bedrooms in the basement , i spose it does cots a bit to heat it but im unhappy with my figures , especially as were with npower and they point blank refuse to tell me my bill amount and say i will receive it by 6th june:rolleyes:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.8K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.