Enmax EasyMax - Fixed Vs. Variable

[littledan]

I promptly switched to fixed 8.88c/kwh 3.88/GJ with Atco after reading this thread

[mr2mike]

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Even with changes in pricing.. my bill hasn't changed much. Basically you are getting hurt on the fees and everything else rather than the usage.

100%
I don't even thing the usage makes much of a material impact on the fees the way it's structured.
Enmax 3yr $9.79fix vs $6.9var. /kWh.

Gas is even lower now. $0.3/GJ var.

[Asian_defender]

My current plan expires on Dec 11. Should I hold it out or switch to variable?

[redline]

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My current plan expires on Dec 11. Should I hold it out or switch to variable?

I dont think the atco deal gets better in the short term.

On variable in the short term it would be better but when you want to lock in cause the rates are going up what are your options then...

depends on how much risk you want to take on...

[LilDrunkenSmurf]

https://calgary.ctvnews.ca/albertans...port-1.7090813

[redline]

thanks UPC ^^^

[e31]

With all the Data Centre expansions planned for this province, I think someone has already forecasted/negotiated favourable rates well into the future. Nat Gas genset for every front lawn!

[ZenOps]

27.66 cents per GJ. The sky is falling.

[littledan]

what's the double meat inflection point for firing up a nat gas generator to sell to the elec grid? someone marth that for me.

[pheoxs]

Heads up Enmax is pulling some BS. Claiming because AB is renaming RRO they're 'cancelling' their floating rate plans to create a more expensive version.

On January 1st the Regulated Rate Option (RRO) changes to the Rate of Last Resort. This means we will no longer offer thefloating electricity rate product you're currently on (which follows the RRO). You will switch to the Easymax 5-year fixed electricity
rate for the remainder of your current term, starting January 1, 2025. A new floating option will be available soon.

The 'new' floating option has an extra 1.99 cent/kWh transaction fee to pad their profits and it also says it follows the -hourly- pricing, which is odd because AB has never had time of use pricing before?. And by default if you do nothing they'll put you on the 5 year rate which is higher than the 3 year rate they offer.

The new Easymax® floating rate* follows the hourly market rate which fluctuates based on supply and demand, weather, or other factors. 1.99¢/kWh transaction fee applies.

[max_boost]

Oh bastards

[firebane]

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Heads up Enmax is pulling some BS. Claiming because AB is renaming RRO they're 'cancelling' their floating rate plans to create a more expensive version.



The 'new' floating option has an extra 1.99 cent/kWh transaction fee to pad their profits and it also says it follows the -hourly- pricing, which is odd because AB has never had time of use pricing before?. And by default if you do nothing they'll put you on the 5 year rate which is higher than the 3 year rate they offer.

*sigh* we just get fucked no matter what we try and do.

Figured I'd post the link since the source wasn't reference .. https://www.enmax.com/customer-suppo...ectricity-rate

[ExtraSlow]

It'll need to be averaged through the day since home meters don't have the real-time data stream for hourly pricing to the consumer.

Somewhere a long way back I'm sure I posted the idea thay time of day pricing was basically inevitable. I still think that is where we are headed.

[Brent.ff]

shitttt my 6.59 expires end of feb.. looks like at least a 3 cent bump when i need to renew.. oof

[redline]

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It'll need to be averaged through the day since home meters don't have the real-time data stream for hourly pricing to the consumer.

Somewhere a long way back I'm sure I posted the idea thay time of day pricing was basically inevitable. I still think that is where we are headed.

i thought all new meters were capable just not used that way... who knows if it is true

[The Cosworth]

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i thought all new meters were capable just not used that way... who knows if it is true

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It'll need to be averaged through the day since home meters don't have the real-time data stream for hourly pricing to the consumer.

Somewhere a long way back I'm sure I posted the idea thay time of day pricing was basically inevitable. I still think that is where we are headed.

Yes it has been possible for a long time. It is more an issue with the retail generation market than anything else.

Larger services are able to go Option I (in Fortis speak anyway) which is interval metering. 15 minute chunks.

[Disoblige]

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Heads up Enmax is pulling some BS. Claiming because AB is renaming RRO they're 'cancelling' their floating rate plans to create a more expensive version.



The 'new' floating option has an extra 1.99 cent/kWh transaction fee to pad their profits and it also says it follows the -hourly- pricing, which is odd because AB has never had time of use pricing before?. And by default if you do nothing they'll put you on the 5 year rate which is higher than the 3 year rate they offer.

What do we do?!

In pheox we trust. Switch retailers? Switch to 3 year fixed?

[ExtraSlow]

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Yes it has been possible for a long time. It is more an issue with the retail generation market than anything else.

Larger services are able to go Option I (in Fortis speak anyway) which is interval metering. 15 minute chunks.

Its possible for residential services to do time of day metering without changing hardware? That is big news.

Shoukd make midday electricity very cheap because of. Solar.

[redline]

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Its possible for residential services to do time of day metering without changing hardware? That is big news.

Shoukd make midday electricity very cheap because of. Solar.

what solar DS has banned it all

[killramos]

I dunno I just got an email from enmax and I don’t think anything resembling TOU is being implemented, it’s just that the hourly AESO pool price is going to be used to determine the new index price.

I think this is all a pretty huge nothing burger aside from that people will need to go online and select the new floating plan online some time before Jan 1.

Notably defaulting to 5 year fixed is what enmax does whenever any plan expires ( they did that to my floating gas when my locked in rate expired last month).

You may have heard the provincial government is changing the Regulated Rate Option (RRO) starting in January 2025, including renaming it to the Rate of Last Resort and setting the default rate to every two years instead of monthly.

What does this mean for your rate? The Easymax floating electricity rate is matched to the RRO, which means starting in January, it might not change for two years, making it more like a fixed rate.

To ensure there is an Easymax rate option that follows the market, we are offering a new floating electricity rate.

How the new floating electricity rate works

Our new Easymax floating electricity rate* is indexed to the hourly market price of electricity in Alberta (plus a transaction fee). As that price goes up or down, our floating electricity rate follows. Your overall rate is calculated at the end of your billing cycle after you have used the electricity. Learn more here.

There will be a new very transparent transaction fee but I would guess that was previously baked into the RRO fee. So basically all that we are getting is more transparency.