Enmax EasyMax - Fixed Vs. Variable

[ExtraSlow]

This quote is hidden because you are ignoring this member. Show Quote

I've heard trying to beat them seems like a fools errand.

There is an asymmetrical amount of upside and downside in this bet for most homeowners. Quite different than industrial consumers, or the mortgage situation.

[bigbadboss101]

Currently have variable gas rate and fixed electricity. Renewal in August and the new rate is quite a bit higher. When it auto renews it will go to the new rate? Have you phoned in to negotiate?

[cidley69]

This quote is hidden because you are ignoring this member. Show Quote

Currently have variable gas rate and fixed electricity. Renewal in August and the new rate is quite a bit higher. When it auto renews it will go to the new rate? Have you phoned in to negotiate?

I'm in the exact same boat, and called to ask if they can do anything better than the posted rates, was told a big NO, no loyalty or other incentive plans available, and the web posted rates is the only option at this time.

If anyone is able to secure a better deal, please post on here how you did it.

[LilDrunkenSmurf]

There's zero incentive for them to offer better rates, we have no negotiating power.

[mr2mike]

Thought I would cancel fixed by Apr.
Given what's happening... That didn't happen.
No regrats.

[ExtraSlow]

https://calgaryherald.com/opinion/co...e-direction-up

Energy prices going nowhere but up kiddies.

[Disoblige]

This is my first year where everything is fixed for energy for me.

[dj_rice]

I just had my central air installed. Does that mean I can't have it running 24/7 anymore?

[mr2mike]

This quote is hidden because you are ignoring this member. Show Quote

This is my first year where everything is fixed for energy for me.

Me too and a bunch of people I talk to are the same. Never thought about going fixed until last fall.

[vengie]

This quote is hidden because you are ignoring this member. Show Quote

Me too and a bunch of people I talk to are the same. Never thought about going fixed until last fall.

Very happy I went fixed in September

[cidley69]

Anyone compared the all in rates for Atco vs Enmax?

I just signed up for a new Enmax 5 year term, at these rates:

Energy Plan*:
EasyMax: 9.29¢/kWh 5-Year Fixed Electricity
EasyMax: $5.79/GJ 5-Year Fixed Natural Gas
*Delivery, other charges, taxes, and an Administration Fee of an average of $7.10 per site, per month, for each of electricity and natural gas, are extra.


Atco is advertising these rates, which sound better:

Electricity
$0.0849/kWh
+ $6.99 per service per month
Natural Gas
$4.99/GJ
+ $6.99 per service per month

Are there some other fees/service charges that inflate the Atco price to a point where its more expensive than Enmax?

[Kloubek]

This quote is hidden because you are ignoring this member. Show Quote

Anyone compared the all in rates for Atco vs Enmax?

I just signed up for a new Enmax 5 year term, at these rates:

Energy Plan*:
EasyMax: 9.29¢/kWh 5-Year Fixed Electricity
EasyMax: $5.79/GJ 5-Year Fixed Natural Gas

Wow - these are high. I'm paying 5.99 fixed for electricity, and 4.09 fixed for gas. It does say right under my rates that I have a monthly fee of $7.10 (avg) for each of electricity and gas.

[msommers]

What about Direct Energy instead? Fixed rates right now are bonkers

[cidley69]

Direct Energy has similar rates, but at least they give you a Nest thermostat:

[mr2mike]

At this point, would one just ride variable and let 'er buck?
No way you're hitting above the fixed rate the rest of summer and into fall/winter.
But I could be wrong.

[suntan]

Utilities are betting that the economy will go into recession and commodity prices will fall sooner than later.

I leave it to you if you think that is the case.

[cidley69]

This quote is hidden because you are ignoring this member. Show Quote

What about Direct Energy instead? Fixed rates right now are bonkers

Anyone currently on Direct Energy that can provide real life example of how much the monthly fees are?

For an Enmax example:

[Tik-Tok]

Not Direct Energy, but here's ATCO for comparison.

[suntan]

Hmm, looks like delivery charges are a bit less with Atco?

[zechs]

This quote is hidden because you are ignoring this member. Show Quote

Utilities are betting that the economy will go into recession and commodity prices will fall sooner than later.

I leave it to you if you think that is the case.

The thing is there is a zero bound for how low the rates can drop (the cost to produce/distribute the product) but the upper bound is limitless. Locking in at low rates of 5-6c/kwh and $4-5lgj just makes sense. The minuscle savings if the floating rate drops is nowhere remotely close to averaging out the double/triple the rates easily can and have shown to go to in a regular summer heat or winter cold.