Enmax EasyMax - Fixed Vs. Variable

[suntan]

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Reviewing bill. YTD between 2022 and 2023, my bill is up 20%.
Usage remained flat, if anything it went down.

See, your conservation is saving you money.

[riander5]

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My fixed term electricity (6.39¢/kWh) with Enmax is up on the 15th, floating or 5 year fixed (12.79¢/kWh) are the options.

Leaning to fixed, but anyone smarter than me able to confirm?

Still on floating gas.

Look back at floating rates on here.. fixed is the answer

[pheoxs]

Sort of looks like electricity rates are heading in the right direction again. After rising from 10 cents in May 2022 up to 30 cents in Aug 2023 they've now fallen down to 17 cents over the last two months (+2 cents for the UCP price cap repayment). Here's hoping we can get back to sub 10 cent rates next year when the cheap plans expire.

[bjstare]

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Sort of looks like electricity rates are heading in the right direction again. After rising from 10 cents in May 2022 up to 30 cents in Aug 2023 they've now fallen down to 17 cents over the last two months (+2 cents for the UCP price cap repayment). Here's hoping we can get back to sub 10 cent rates next year when the cheap plans expire.

That would be excellent. I've got less than a year left on my 5.9c fixed rate, would love to lock in sub-10c again.

[Darkane]

In 12 months power will be cheap again. There is a lot of thermal power coming online

[16hypen3sp]

Waiting for that succulent combined cycle Cascade power!

[ExtraSlow]

I support burning methane.

[Darkane]

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Waiting for that succulent combined cycle Cascade power!

Don’t forget to include Suncor’s massive new base plant cogen. It’s going to add 800MW to the grid by next year.

Including Kineticor, that’s 1700MW.

[ExtraSlow]

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Don’t forget to include Suncor’s massive new base plant cogen. It’s going to add 800MW to the grid by next year.

Including Kineticor, that’s 1700MW.

I like this.

[nagooro]

FWIW Enmax fixed electricity earlier this month was $12.79 when I renewed, its now at $12.29 so fixed it again. Might help someone else

[littledan]

That must be electricity not gas...??

[nagooro]

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That must be electricity not gas...??

Sorry, yes electricity.

[eblend]

Hi Peeps,

Read the last few pages here, but just wanted some quick assistance. Currently with ATCO on a locked in rate for another year. I need to get electricity to my acreage. Rates at all time high, so don't really want to commit long term to something I am locked into, so trying to see what my best bet is. For now it would just be electricity.

I had a chat with ATCO and seems like with them, even if you commit to 3 years, you can basically walk away, or call in and get it changed to lower plan later. Is that generally a correct summary of this? Would ATCO be the way to go, or should I look at some other options, like Enmax, or some other retailer. Have been out of the game for a while, hoping to gain knowledge from rest of you more informed folks.

[benyl]

I don't get why they are called "contracts." You lock in a rate and can walk away at anytime. What's in it for them?

The only thing I can think of is that they are counting on people "setting and forgetting" it and making money when the rates are lower than the lock in.

[mo_money2supe]

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Hi Peeps,

Read the last few pages here, but just wanted some quick assistance. Currently with ATCO on a locked in rate for another year. I need to get electricity to my acreage. Rates at all time high, so don't really want to commit long term to something I am locked into, so trying to see what my best bet is. For now it would just be electricity.

I had a chat with ATCO and seems like with them, even if you commit to 3 years, you can basically walk away, or call in and get it changed to lower plan later. Is that generally a correct summary of this? Would ATCO be the way to go, or should I look at some other options, like Enmax, or some other retailer. Have been out of the game for a while, hoping to gain knowledge from rest of you more informed folks.

If you're on an acreage, you're like outside of the city limits. Enmax only services within the city limits. If you want to shop around, check out this page and use their cost comparative tool: https://ucahelps.alberta.ca/retailers.aspx



And yeah, on the topic of "contracts," I know Enmax gives you an out from multi-year contracts, so long as you give them 30-days notice with no penalties. Probably similar with the others too. No idea what the purpose of the contract is then.

[suntan]

Well at the end of the contract you're back on the floating rate.

[bjstare]

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If you're on an acreage, you're like outside of the city limits. Enmax only services within the city limits..

That’s not necessarily true. I know people who live outside the city with Enmax power service.

[firebane]

Yeah I mean I have Enmax and live in Strathmore.

[visualk]

I was reviewing my bill this past month and I noticed I am paying over $20 in admin charges - has anyone successfully challenged that with ENMAX?

[killramos]

What’s to challenge? They have a monopoly.