EquiGas was our first product. launched in 1999 – an innovative domestic gas tariff that delivers substantially lower prices, especially to those on the tightest budgets.
When you buy EquiGas, you are charged at the same fair, equitable rate whether you are feeding a meter, paying by direct debit, paying online – or by any other payment method. And in most cases, you’ll find Ebico is much cheaper than other suppliers.
One rate for everyone
So how exactly does our tariff work and how is it different from other companies?
Firstly, most energy supply companies charge pre-payment meter customers at a higher rate than other customers, because there’s more effort involved in servicing their payment method – supplying and looking after the meters.
And most companies also offer deals that mean people are charged less if they use a lot of energy, or when they commit to paying in a particular way.
This means people pay a lower rate because they spend more. So, in effect, the market usually rewards those who have more money to spend in the first place.
EquiGas, however, takes an equitable approach. We even out between all our customers the different expenses of different payment methods. As a result, nobody is penalised because of his or her budget or circumstances, or by how much gas they choose to buy. Everybody pays at the same fair rate and there are no standing charges.
When you consider that pre-payment meter users have to pay up to a third more than online customers with suppliers in some regions, you realise what’s special about EquiGas.
For more information about how your gas reaches you, or about competitive gas pricing, see how the gas market works. For more information on our ethos, see About Ebico.
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