Enmax EasyMax - Fixed Vs. Variable

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Originally Posted by Kjonus

Did your fees change at all? Or did it stay much the same since changing to this plan?

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I must have switched mid-bill... my last bill hadn't changed yet.

I should be getting the fixed rate on my bill early next week. The fees should be the same.... (I hope... :banghead: ).

Got the Enmax bill today. Still on the old EasyMax, so floating rate, but I think that cold snap did some damage, as rate was $0.139 / kWh. Should probably switch to the locked rate as TurboMedic pointed out, there could be a lot more fluctuation on the horizon.

Damn I forgot to switch. And my last bill was probably the highest I've had since living in this place. Usual bills hover around $250-280 during winter months and it was $330. But Edmonton had it cost temps ever for a few weeks as well so will have to see if it was the gas that made the bill high or electricity.

Thanks for reminder.

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Originally Posted by Kjonus

Did your fees change at all? Or did it stay much the same since changing to this plan?

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Originally Posted by ipeefreely

I must have switched mid-bill... my last bill hadn't changed yet.

I should be getting the fixed rate on my bill early next week. The fees should be the same.... (I hope... :banghead: ).

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Forgot about this... no change in fees from normal.

After looking at my bills over the months I'm pretty surprised in how much the (variable) fees jump with increased consumption! :nut:

I just flipped back to floating. Seems to be at 5.60 cents kWh

I've left mine as is, floating for both and last months bill for NG was nuts. All the fees itself and the federal carbon tax back on :guns:

My utilities are up for renewal..seems like floating natural gas and fixed electricity are the way to go.

For electricity, I can do:
1 year @ $6.29
3 year @ $6.39
5 year @ $6.59

Was likely going to just go with the 3 year rate, is there any reason I should chose the 1 or 5 year?

Texas utility assreaming got me spooked bad:

Locked in today on Enmax fixed 6.59 cents per kwh and fixed $4.09 per GJ, for the maximum 5 years. Not the best deal over the winter, but I figure the floating side is just too much of a risk.

6.59 Canadian cents for electricity is crazy cheap if you compare to anyplace in North America.

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Originally Posted by ZenOps

Texas utility assreaming got me spooked bad:

Locked in today on Enmax fixed 6.59 cents per kwh and fixed $4.09 per GJ, for the maximum 5 years. Not the best deal over the winter, but I figure the floating side is just too much of a risk.

6.59 Canadian cents for electricity is crazy cheap if you compare to anyplace in North America.

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Still crazy that ATCo offered a 3 cent / 3$GJ / 3 year contract a couple years back, has been gold. Though they are coming to an end soon sadly

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Originally Posted by pheoxs

Still crazy that ATCo offered a 3 cent / 3$GJ / 3 year contract a couple years back, has been gold. Though they are coming to an end soon sadly

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Sucks. I'm going to have to turn my garage furnace down next winter to less than 15° :cry:

For future reference:

https://www.atco.com/en-ca/for-home/...our-plans.html

Electricity
1-year plan: 6.99¢/kWh
2-year plan: 6.89¢/kWh
3-year plan: 6.79¢/kWh
Market + 0¢/kWh
Market + 0¢/kWh
Market + 0¢/kWh
Natural Gas
1-year plan: $3.79/GJ
2-year plan: $3.79/GJ
3-year plan: $3.79/GJ
Market + 0¢/GJ
Market + 0¢/GJ
Market + 0¢/GJ

https://www.enmax.com/home/electrici...l-gas/easymax?

Fixed rates
6.29¢/kWh± 1-year Fixed
6.39¢/kWh± 3-year Fixed
6.59¢/kWh± 5-year Fixed

Floating rate 3-Year Floating Rate±

Fixed rates
$3.79/GJ± 1-year Fixed
$3.79/GJ± 3-year Fixed
$4.09/GJ± 5-year Fixed

Floating rate Floating Natural Gas Rate± + 99¢/GJ transaction fee

I think its crazy that you get charged the floating rate for gas per gj and then additionally get charged .99 for a "transaction" fee of the amount you used.

With that said .. floating rate of gas has generally been fairly low and better than the fixed price for awhile.

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Originally Posted by killramos

Well I know someone who likely does know the electricity market quite well. Enmax.

And trying to beat them seems like a fools errand.

Unless like I said, fluctuations in your bill scare you.

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Digging up this quote from 15 months ago.
It's truly a /thread quality quote.

I am on Enmax fixed elec, floating gas.
This is the way.

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Originally Posted by ThePenIsMightier

Digging up this quote from 15 months ago.
It's truly a /thread quality quote.

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Some things in life are not worth overthinking.

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Originally Posted by Disoblige

I am on Enmax fixed elec, floating gas.
This is the way.

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Same, this thread getting bumped made me go look at what I was at, and I was pleased to find out I'm 5.79c/Kwh and floating gas until 2023. Last January me had some foresight I guess

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Originally Posted by TurboMedic

Same, this thread getting bumped made me go look at what I was at, and I was pleased to find out I'm 5.79c/Kwh and floating gas until 2023. Last January me had some foresight I guess

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Nice rate. I'm locked in at 6.39 for electricity right now.

Yeah but, I don't think even Enmax had covid and 13 million people in Texas on boil water because of no power being a thing.

Texas doing what is possibly illegal, in not selling natgas to other states temporarily. But noone is going to call them on it because people are literally dying.

A good guess is that though 7 cents or so was average for a long time, it might change drastically soon.

5yr 5.99c/kwh fixed electricty.
Floating gas.
Expires May 2024.

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Originally Posted by ThePenIsMightier

Digging up this quote from 15 months ago.
It's truly a /thread quality quote.

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Could pop this in a mortgage thread and sub “Enmax” for “[your bank]”.