Ebico is the only not-for-profit energy supplier in the UK, and aims to provide British households with power in a fair and just way. The company currently boasts over 50,000 customers across the country, and has established relationships with a number of partners, including SSE. As well as supplying both electricity and gas, the company recently formed the Ebico Trust for Sustainable Development, a registered charity that seeks to help low-income households improve energy efficiency and reduce fuel bills. The company actively supports the development of renewable energy technology, and relies as little as possible on coal burning, the least environmentally friendly method of generating electricity. Ebico’s energy supply currently comes from the following sources:
Much like Co-operative Energy, Ebico have simplified the process of energy supply by offering a single flat rate to all customers, regardless of how much you use or how you pay. There’s also no standing charge, so you only pay for what you consume, and you can manage your account online if you wish. The company provides a single consumer package for each energy type – called EquiGas and EquiPower – although you can also take dual-fuel supply. Although you’ll initially deal with Ebico, your energy will be delivered by SSE, who’ll also handle meter readings and customer service. Depending on where you live, your energy will come from one of SSE’s subsidiary companies, including Southern Electric, SWALEC and Scottish Hydro.
Unlike other suppliers, Ebico don’t offer a wide range of tariffs, and don’t give out discounts for dual-fuel supply or Direct Debit payment. However, while other suppliers usually charge their highest rates to homes using a prepayment meter, you’ll get the same rate from Ebico if you want to pay as you go. As a large number of low income households use prepayment meters for energy supply, Ebico are a very attractive option if you’re on a tight budget.