Since it was set up in 1998, Ebico has had one mission: to fight fuel poverty. As the UK’s first not-for-profit energy company, Ebico does everything it can to ensure affordable access to warm and lit homes across Britain.
Ebico does that by providing reasonably priced plans for customers who find their home energy costs are a major household expenditure and end up having to either reduce their energy use or use a prepayment meter. The company supports credit, prepayment and Economy 7 meters.
Ebico has simple, unique tariffs and offers eight energy plans. Its most successful tariff – Ebico Zero – has a one-unit rate, no exit fees and no standing charge, plus you only pay for what you use.
It supplies customers with green energy sourced either directly from generators or through a wholesale energy provider with established links with green generators.
Is Ebico a good energy supplier?
Ebico has been awarded Ethical Consumer’s Best Buy label after achieving top-marks in the magazine’s annual rating.
In the Which? energy supplier satisfaction survey, Ebico came in joint fourth place with 76%. It scored five stars out of five in the online customer service and value for money categories, and four out of five for its bill accuracy and clarity and phone customer service.
The company has a 7.8 out of 10 rating on Trustpilot.
How green is Ebico?
Ebico’s supply partner, Robin Hood Energy, sources electricity exclusively from UK-based wind and solar generation.
For every megawatt hour of electricity purchased, it purchases a Renewable Energy Guarantee of Origin (REGO) certificate.
How much can I save with Ebico?
Ebico has a long-standing reputation for being competitive on price. It structures its pricing so as not to penalise low-income households and is committed to providing attractively-priced plans to customers who need them the most.
After Ofgem’s price cap rise, Ebico increased the price of its standard variable tariff by 16%.
Key facts about Ebico
Who owns Ebico?
Unlike other energy companies, Ebico is a limited by guarantee company and has no shareholders. It is a fully certified social enterprise.
Ebico’s licensed supply partner is Robin Hood Energy who provides both its energy and account management services.
Where is Ebico based?
Ebico is an Oxfordshire-based company.
How big is Ebico?
Ebico is one of the UK’s smaller energy companies, employing fewer than 50 employees.
How many customers does Ebico have?
Ebico provides energy to more than 60,000 UK households.
Why consider Ebico?
As a social enterprise, Ebico only ever spends its financial surpluses on its mission to fight fuel poverty, not to maximise profits for shareholders. In 2009 it set up its registered charity, Ebico Trust, to support fuel-poor areas and fuel poverty projects.
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