Ebico Tariffs: Latest Energy Plans & Prices

Ebico logo, gas flame and coins

Before closing in September 2020, Ebico’s mission was to help those who struggled to pay their energy bills each month. Therefore, we expect that Ebico tariffs were economical and flexible in order to fit different customer needs. In this guide, we look at the details and prices of the supplier’s latest tariffs, including the famous Ebico Zero tariff. We also examine how these tariffs compare to those with the newly appointed supplier.


Ebico customers have been transferred to British Gas. Ebico was supplied by Robin Hood Energy under a ‘while-label’ agreement. In September 2020, Robin Hood sold its customer base (including Ebico customers) to British Gas.

Ebico tariffs

Like most providers, Ebico offered a range of tariffs for new customers to choose from. From fixed rate and variable tariffs, to a tariff with no standing charge, Ebico tariffs were adaptable to fit a variety of customer needs.

Energy suppliers continuously change the tariffs they offer, and Ebico was no exception. In this guide we are going to take a look at the most recent Ebico tariffs and prices that were available before the supplier closed.

The supplier rarely made dramatic changes to its tariffs, usually just introducing a new version of an existing tariff that perhaps had different unit rates. For instance, Ebico offered version four of the Ebico Prime Fixed 12 tariff, which followed on from version one, two and three.

In other words, while the names of the Ebico tariffs on offer changed over time, the core features of the tariffs tended to stay the same. So, with that in mind, let’s dive into the Ebico tariff details.

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Ebico fixed tariffs

lightning bolt and bill

A fixed rate tariff means the unit rate for both gas and electricity stays the same for a set amount of time. Ebico offered a good amount of choice when it came to fixed rate tariffs, ranging from a 12-month contract to a 24-month contract, all of which could be taken out as a dual fuel tariff or a single fuel (gas or electricity) tariff.

As these Ebico tariffs had a fixed rate, there was a £30 exit fee per fuel. This means that if a customer chose to leave the tariff before the set amount of time was up (12, 18 or 24 months), they were charged £30 for gas and £30 for electricity. Since Ebico has closed, customers will no longer be charged an exit fee if they decide to not stay with the new supplier.

With Ebico, it appears you could get lower rates and standing charges if you chose to tie yourself into a contract for two years. The 24 month option had cheaper rates than the 12 month and 18 month options. Using an average energy consumption level for a household in London (2,900 kWh for electricity and 12,000 kWh for gas a year), we have calculated the price of these Ebico tariffs below.

If you were on a fixed tariff with Ebico, the new supplier will honour your rates until the end of your contract period. You will then be placed on the British Gas standard tariff unless you select a new tariff or switch to a different supplier.

1. Ebico Prime 12 Fixed v4
Fuel Unit rate per Kwh Standing charge per day Price per month
Electricity 14.8500p 21.21p £42.34
Gas 3.200p 31.11p £41.46
Overall price per month £83.80
Overall annual price £1,005.62

*all prices include VAT at 5%

2. Ebico Prime 18 Fixed v2
Fuel
Unit rate per Kwh
Standing charge per day
Price per month
Electricity
17.8398p
30.03p
£52.25
Gas
4.1705p
32.14p
£51.48
Overall price per month
£103.73
Overall annual price
£1,244.73

*all prices include VAT at 5%

3. Ebico Prime 24 Fixed v4
Fuel
Unit rate per Kwh
Standing charge per day
Price per month
Electricity
14.804p
21.58p
£42.34
Gas
2.701p
25.89p
£34.89
Overall price per month
£77.23
Overall annual price
£926.73

*all prices include VAT at 5%

Ebico also has a 12 month fixed rate tariff with no exit fees. This means that despite the fixed unit rate, customers can leave before the 12-month period ends without facing a financial penalty. However, the unit rates and standing charges are more expensive than the 12-month option with exit fees discussed above.

4. Ebico Evergreen 12 Fixed v3
Fuel
Unit rate per Kwh
Standing charge per day
Price per month
Electricity
15.3175p
30.03p
£46.16
Gas
3.7025p
32.14p
£46.80
Overall price per month
£92.95
Overall annual price
£1,115.43

*all prices include VAT at 5%

Ebico variable tariffs

A variable tariff means the unit rate can change: if the overall price of energy rises, the unit rates can increase, if it falls, the unit rates can decrease. These are a good option to take advantage of drops in energy prices, but it also means customers are not protected from sharp increases in prices.

There were two Ebico tariffs available as variable tariffs. Both could be taken out as dual fuel or single fuel (gas or electricity). They were also available for Economy 7 meters and had no exit fees.

As mentioned, the unit rate of such tariffs could change, but to give a rough idea of what an Ebico variable tariff cost, we’ve worked out the price of both tariffs for a household in London (using 2,900 kWh of electricity and 12,000 kWh of gas a year) in the two tables below. Bear in mind that as well as fluctuating with the overall price of energy, unit rates can vary depending on area too.

Ebico Evergreen
Fuel
Unit rate per Kwh
Standing charge per day
Price per month
Electricity
17.4615p
22.92p
£49.17
Gas
3.602p
26.51p
£44.08
Overall price per month
£93.25
Overall annual price
£1,119

*all prices include VAT at 5%

Ebico Standard
Fuel
Unit rate per Kwh
Standing charge per day
Price per month
Electricity
17.420p
22.92p
£49.07
Gas
3.591p
26.51p
£43.97
Overall price per month
£93.04
Overall annual price
£1,116.50

*all prices include VAT at 5%

Ebico prepayment tariff

Ebico had one tariff for customers with a pay-as-you-go meter (PAYG meter). Called the Ebico Prepay tariff, it had no exit fees and was available for dual fuel and single fuel customers. For a household in London using 2,900 kWh of electricity and 12,000 kWh of gas annually, the pricing was as follows:

Ebico Prepay
Fuel
Unit rate per Kwh
Standing charge per day
Price per month
Electricity
17.270p
27.58p
£50.13
Gas
3.560p
35.70p
£46.46
Overall price per month
£96.58
Overall annual price
£1,159.01

*all prices include VAT at 5%


Ebico Zero tariff

flame and lightbulb

A tariff that Ebico was particularly well known for was its zero standing charge tariff, adaptly named the Ebico Zero tariff. Previously, this existed as a variable tariff with no standing charge; however, this version was scrapped in 2018 as Ebico claimed it was not ‘commercially viable’ in light of Ofgem’s price cap.

To replace this popular tariff, Ebico introduced a fixed-rate version. The Ebico Zero Green Fixed was a 12-month fixed-rate tariff with no standing charge. Despite having a fixed unit rate for 12 months, there were no exit fees, so customers could still choose to leave the tariff without facing a cancellation fee before the 12 months were up.

So, no standing charges, no exit fees...there must have been a catch! Well, there sort of was. This was the only Ebico tariff to enforce an Annual Billed Value. This meant that customers had meet a required minimum spend per year on their gas and electricity.

For customers who chose to leave the tariff before the end of their 12 month contract, the Annual Billed Value was calculated on a pro-rata basis, meaning Ebico calculated the required minimum spend based on how many months the tariff had been active.

Did customers receive accurate bills from Ebico? In our Ebico reviews page, we analyse customer reviews to see the general consensus on Ebico’s billing and account management systems.

If the Annual Billed Value had not be reached when the tariff ended (either after 12 months or earlier), the customer was charged for the difference.

The good news is that the required annual spend was low:

  • Required annual spend on electricity - £52 (including VAT)
  • Required annual spend on gas - £104 (including VAT)

Overall, customers were only required to spend £156 a year on their energy. Considering that the average annual gas bill in 2020 was £572 and the average annual electricity bill was £590, most customers easily surpassed the minimum spend.

However, customers who had incredibly low energy consumption should not have been disillusioned by the no standing charge. The required minimum spend could have meant a tariff with a standing charge but no required minimum spend would have worked out cheaper.

How much energy do you use? Use Selectra's energy usage calculator to find out.

The latest available version of the Ebico Zero tariff was the Ebico Zero Green Fixed v5 tariff. We have broken down the price of this for a household with medium energy usage (2,900 kWh for electricity and 12,000 kWh for gas a year) in London.

Ebico Zero Green Fixed Tariff v5
Fuel
Unit rate per Kwh
Standing charge per day
Price per month
Electricity
23.269p
0p
£56.23
Gas
6.089p
0p
£68.9
Overall price per month
£125.22
Overall annual price
£1,501.60

*all prices include VAT at 5%

As we can see from these prices, instead of having a standing charge, the Ebico Zero tariff has high unit rates. In fact, its unit rates were more expensive than those applied in all of the other Ebico tariffs. Based on the average consumption levels in the UK, the Ebico Zero tariff was the most expensive tariff that the supplier offered!

Is your energy tariff too expensive?You can save hundreds of pounds on your energy bill just by switching supplier. Talk to one of our energy experts and see how much you could save. Call 020 3936 0059 or get a free callback now.


Ebico night owl tariff

The Ebico night owl tariff was an Economy 7 tariff that offered free electricity during the night. From 12 a.m. to 7 p.m., customers on this Ebico tariff saw their unit rate for electricity drop to zero, although they did still have to pay a standing charge. Moreover, they were not allowed to consume more than 60% of their total energy usage during these hours.

This wasn't the only Economy 7 tariff with Ebico. A number of other Ebico tariffs also had an Economy 7 option. These included:

  • Ebico Evergreen 12 Fixed v3
  • Ebico Prime 18 Fixed v2
  • Ebico Zero Green Fixed 4
  • Ebico Standard
  • Ebico Evergreen

Whilst these tariffs did not offer free electricity during off-peak hours, their Economy 7 versions meant the unit rate was significantly cheaper at night than during the day.

Find out how to log in to the Ebico account system. Head to Selectra’s Ebico login page for step-by-step guide.

How do Ebico tariffs compare to the new supplier?

In the table below, we compare the estimated spend on Ebico's standard tariff to that with British Gas. Calculations are based on the average annual consumption levels (2,900 kWh of electricity and 12,000 kWh of gas) for a household in London. The VAT is already included at 5%.

Bear in mind that the price cap for standard tariffs dropped in October 2020 to £1,042 — which is after Ebico announced it was closing. Therefore, Ebico did not alter its rates to match the new price cap. This likely explains why the British Gas standard tariff is cheaper than the Ebico standard tariff.

Tariff type Estimated monthly cost Estimated annual cost
Ebico standard tariff £93.04 £1,116.50
British Gas standard tariff £87.17 £1,045.99

Even though the standard tariff with the new supplier is cheaper than Ebico's it is still one of the most expensive tariffs currently on the market. If you were on a fixed-rate contract with Ebico, you will need to switch suppliers in order to obtain the best rates on the market.

For information beyond tariff prices, check out our British Gas reviews guide to see how the new supplier's customer service measures up.

Find out now how much you could save by switching.Speak to one of our trained energy advisors for free! Call 020 3936 0059 or get a free callback now.

Ebico tariff FAQs

1. When did my Ebico tariff transfer to British Gas?

Customers on Ebico tariffs were transferred to British Gas as early as mid-September. Before you are transferred to a British Gas tariff, the supplier will contact you to explain what is happening to your account and what you should do (if anything). You will also receive a welcome pack with your new tariff name and rates.

2. I pay for my tariff via direct debit. Do I need to cancel it?

You do not need to change anything with your direct debit payment. The amount you pay for your Ebico tariff will remain the same until your contract ends. However, British Gas will now appear on your statements instead of Ebico. Once your contract runs out, you will then be placed on the British Gas standard tariff unless you select a new one or switch your energy supplier.

3. I am on the Ebico prepayment tariff. Will I get a new key and/or card?

Customers that were on Ebico's prepayment tariff will receive a new key and/or card from the new supplier. We recommend you use up all of your existing credit from Ebico before using the new key or card from British Gas.

4. Will my Ebico tariff rates increase with the new supplier?

The new supplier has agreed to match (or even reduce) tariff rates for those switch from Ebico. If you are on a fixed-rate tariff, these rates will be guaranteed for the duration of your Ebico contract. You will then be placed on the Brisith Gas standard tariff unless you switch to a different tariff or supplier. If you are on a variable tariff, your rates may eventually increase if the wholesale cost of energy increases.

For the average household in London, the British Gas standard tariff would cost £1,045.99 per year. This price is expected to increase in April when Ofgem reevaluated the energy price cap (which is currently set at £1,042 per year).

5. Will I be charged an exit fee for switching to a new supplier?

Even if your Ebico tariff included exit fees, you will not be charged these if you decide to switch to a tariff with a different energy supplier. For help finding the best tariff available in your area, give us a call here at Selectra on 0203 966 4692 and get a free comparison.

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