the demise of Ebico

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  • EachPenny
    EachPenny Posts: 12,239 Forumite
    First Post Combo Breaker
    SummerFun wrote: »
    Any truth in the rumour I heard that RHE are going bust?

    Someone mentioned Ebico might be up for sale soon.

    Where did you hear the rumour? There's nothing coming up in google for either suggestion....
    "In the future, everyone will be rich for 15 minutes"
  • SummerFun
    SummerFun Posts: 103 Forumite
    EachPenny wrote: »
    Where did you hear the rumour? There's nothing coming up in google for either suggestion....

    Believe it or not, there is life outside of google.
    Actually there is life outside of the internet too!
  • EachPenny
    EachPenny Posts: 12,239 Forumite
    First Post Combo Breaker
    SummerFun wrote: »
    Believe it or not, there is life outside of google.
    Actually there is life outside of the internet too!

    Very true!

    In which case I'd like to say:

    "Any truth in the rumour I heard that RHE are going.... to land some merry men on the moon?

    Someone mentioned Ebico might be.... winning the 4x 100m relay at Tokyo 2020."

    This is a fun game to fill the summer holiday with :)
    "In the future, everyone will be rich for 15 minutes"
  • whattochoose
    whattochoose Posts: 694 Forumite
    First Anniversary First Post
    I'm shortly moving and going into sheltered accommodation. Happily, heating and hot water will be included in the rent I pay.
    This means I will no longer have a personal gas supplier or have to worry or concern myself with all the manoeuvrings that have attended the "no standing charge" issue.
    Which is fine by me.
  • squiggles
    squiggles Posts: 1,635 Forumite
    First Post Combo Breaker First Anniversary
    SummerFun wrote: »
    Any truth in the rumour I heard that RHE are going bust?

    Someone mentioned Ebico might be up for sale soon.

    I still can't find anything on the web of this information yet.
  • EachPenny
    EachPenny Posts: 12,239 Forumite
    First Post Combo Breaker
    squiggles wrote: »
    I still can't find anything on the web of this information yet.

    And still no merry men landing on the moon. Disgraceful :mad:

    Sometimes we have to take things read on the internet with shovelfuls of salt.

    Sometimes there is a grain of truth in a rumour, but things change. Who knows.
    "In the future, everyone will be rich for 15 minutes"
  • Anthorn
    Anthorn Posts: 4,362 Forumite
    First Post First Anniversary Combo Breaker
    edited 26 September 2017 at 10:35PM
    SummerFun wrote: »
    Any truth in the rumour I heard that RHE are going bust?

    Someone mentioned Ebico might be up for sale soon.

    Just enter "Nottingham" in "search this thread" in this very thread and it's not difficult to deduce that it was originally in an article in the "Nottingham Post" which has since been pulled. Highlighted was the fact that while the Ebico tariff was low, RHE customers were hit with a 17% price hike. It was deduced that RHE customers were then financing the Ebico lower prices because RHE couldn't afford it. RHE's statement was rather questionable in that the price rises were due to industry-wide price rises. However that explanation was accepted by the media including M.S.E:
    https://www.moneysavingexpert.com/news/energy/2017/03/robin-hood-energy-hits-customers-with-17-hike-in-standard-dual-fuel-prices

    I repeat what I have posted earlier in several threads: The effect of Ebico dumping its WHD customers is not clear at this time. It could be that the actual number of customers making the switch to Ebico/RHE is lower than they expected. In that case Ebico customers might experience a price hike in common with RHE customers when the guarantee runs out in December. But that's speculation based on fact.
  • Cardew
    Cardew Posts: 29,036 Forumite
    Name Dropper First Anniversary First Post Rampant Recycler
    EachPenny wrote: »
    Someone mentioned Ebico might be.... winning the 4x 100m relay at Tokyo 2020."

    Men? women? Para-athletes?

    I want to get a bet on now.
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