History of Ebico Energy
Ebico energy prides itself on providing affordable and sustainable warmth for all. The energy provider was formed back in 1998, and a year later, in 1999, the company launched its first home gas supply energy plan, which they called Equitas. Two years later, they expanded their arsenal even further with EquiPower, a new home electricity supply energy plan.
History of Ebico Energy
Ebico would then continue operating with this set of projects for another seven years before launching the Ebico Trust for Sustainable Development in 2008. Things only got more impressive from there 2012 saw the launch of ‘Eden Solarfair’ – their first employee-owned solar development. 2012 saw the budding company partner with Robin Hood energy to provide low-priced power, especially to households of lower income.
Their switch further proved their commitment to social good in 2019 to a hundred per cent green electricity supply. 2020 was a big year for the whole of the energy sector, especially in the UK, but Ebico energy took the matter incredibly seriously.
Who Are Ebico Energy?
Things, to be fair, has changed a lot since Ebico first burst onto the scene in 1998. At that time, in the beginning, the UK’s energy sector was dominated by the famous big six who looks set to keep out all possible competitors indefinitely. By 2020 though, this six had turned into four, and it was starting to look like the sector was permanently changing shape. One benefit of this development was that the vast established corporations could not charge such high prices to their customers.
With increased competition in the market, big corporations would have to keep their prices at a reasonable level if they didn’t want to lose all of their business.
There’s no doubt that the latter part of the 2010s was a tumultuous one for the newcomers and the older, established companies. However, among the chaos, it’s hard to deny that a much more competitive and therefore healthy market had arisen, leaving Ebico in the field of play that was much better than the one it began its journey on in 1998. Companies can only keep up with this evolution by involving themselves, and the case was no different, Ebico, who were forced to adapt to the new market changes.
Ebico Energy Partnerships
Ebico’s partnership with Robin Hood Energy in March 2017 was widely welcomed at its announcement. Ebico is registered as a social enterprise and is run as a not-for-profit means that they were much better suited to collaborate with Robin Hood energy than their old supply partner SSE plc. Ebico said in a statement at the time of the partnership’s announcement that “we wanted to ensure our supply partners share the same values as us; something Robin Hood Energy does in its mission to provide its customers with a low-cost energy”.
However, Ebico’s social good doesn’t just come from its low prices. The Ebico Trust is also a key driver in the organisation’s push and more sustainable energy. The Ebico Trust’s is from the financial services of Ebico Living and Ebico Innovation.
Technically, a registered charity of its own accord was officially set up in 2008. Its primary role is to make charitable grants available to the research funded. This research is often directed at the various impacts of the zero-carbon transition on affordability. This line of investigation is essential as there is no doubt that the transition to a more sustainable way of life will be difficult for the global economy.
If it is not handled well and understood correctly, it could leave many people behind and put many people in the UK into energy poverty. As of 2021, the Ebico trust had delivered its impressive £2 million worth of funding commitments.
This is why customers increasingly turn to suppliers such as Ebico energy. When switching over, they are getting affordable, renewable energy and putting their money towards ensuring that everyday people have a fair chance in the future to access energy at a reasonable price. It is already a sector that is so harsh on consumers, and if we are not careful, things will only worsen as we are forced to adjust to the realities of climate change and the immediate challenges that it brings to all of us.
Going forwards, consumers must hope that firms like Ebico energy become the norm as the energy sector continues to evolve and adapt to changing demands and conditions. .
Find out more about switching business energy providers here.
Other useful links about Business Energy
Understanding Business Energy
How Smart Meters Can Benefit Your Business
Things To Consider Before Switching Business Energy
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