How EquiGas prices work
Available to every home
When you buy EquiGas, you’re charged at the same fair, equitable rate whether you’re feeding a meter, paying by direct debit, paying online – or by any other payment method. And in most cases, you’ll find we’re a whole lot cheaper than other suppliers. Read on to find out why – and remember, the same principle applies to EquiPower.
EquiGas and EquiPower are available to all domestic customers in England, Scotland and Wales. And although we currently serve only homes, if you’re interested in a supply for your business or organisation we may be able to help – ring us on 0800 458 7689.
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.
As well as that, most other 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 usually 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.
Our not-for-profit ethos means any surplus is used to increase benefits for our customers
Benefits for everyone
Not only is our tariff system unique, but as a not-for-profit company, with no shareholders to reward, we are uniquely placed to keep our rates as low and competitive as possible for all consumers. Our not-for-profit ethos means any surplus is used to increase benefits for our customers.
However, even those who make less significant savings choose to stay with EquiGas, because they prefer to pay rates that are fair to all consumers.
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.