We have launched our new smart energy plan featuring free overnight electricity
With a 0 p/kWh off-peak (i.e. overnight) electricity rate, Ebicoâ€™s new Night Owl smart energy plan offers a great deal to households who use Economy 7 off-peak power to charge their night storage heaters.
Ebico CEO, Phil Levermore, explained:
â€œFor households without a mains gas supply, night storage heaters can be a convenient way of heating the home. In practice, however, winter fuel bills with this form of heating can come as a nasty shock â€“ particularly if it turns-out to be a very cold winter. As a result, electrically-heated homes are 70% more likely to be in fuel poverty, and that fuel poverty to be 70% deeper, than homes heated with mains gas1. Night Owl offers winter peace of mind to households using E7 heaters. With an overnight electricity rate of zero pence per kilowatt-hour, night storage units can be charged as much as necessary at no marginal cost.â€
â€œNineteen years ago, as Britainâ€™s first not-for-profit energy provider dedicated to tackling fuel poverty, we were the first company to charge our prepayment-metered customers the same as our credit customers â€“ and so helped bring an end to higher charges for prepay customers, nationally. We launched the first energy plan with a zero standing-charge, so our customers only had to pay for the electricity and gas they used. Continuing our commitment to affordable warmth and utilising the flexibility that smart metering now gives us, weâ€™re launching Night Owl, the first smart energy plan to offer a zero-priced night-time electricity rate to homes with Economy 7 heating.â€
Click here to find out more about the Ebico Night Owl energy plan.
1 Annual Fuel Poverty Statistics Report, 2017. Department for Business, Energy & Industrial Strategy