Enmax EasyMax - Fixed Vs. Variable

[killramos]

Nymex a different kettle of fish. AECO much more relevant to us.

Still. Oversupply and lack of demand is the theme. LNG not really making a dent rn.

[firebane]

New electricity rate @ 10.49 for fixed.

[LilDrunkenSmurf]

I just went floating for now, so I'm locked in for 30 days at least.

[eblend]

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New electricity rate @ 10.49 for fixed.

Thanks for the heads up. Updated from 11.49 I was on for the acreage.

[msommers]

Renewed my natgas and saved $1.00/GJ - new fixed rate is $4.79

[ZenOps]

RATE OF LAST RESORT.

hehe

On April 18th 2024, the provincial government announced changes to the Regulated Rate Option for electricity consumers. The provincial government has said it is aiming for these proposed changes to come into effect by January 2025. The proposed changes include:

Renaming the default electricity rate from the Regulated Rate Option (RRO) to the Rate of Last Resort (ROLR)
Setting default electricity rates every two years
Requiring default providers to confirm with their customers within 90 days of providing services whether they’re choosing to sign a competitive rate contract or staying on the default electricity rate

[C4S]

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New electricity rate @ 10.49 for fixed.

Great, I think I got that too ... wife got that deal, so she can charge her car more .. lol

[schocker]

Is it weird that the screen to change my rate doesn't appear at all, just the plans are missing, had last changed for a plan expiry around the end of April but definitely not in May. Have tried every browser.

[pheoxs]

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Is it weird that the screen to change my rate doesn't appear at all, just the plans are missing, had last changed for a plan expiry around the end of April but definitely not in May. Have tried every browser.

Enmax? You don't have this box on the right when you log in on the main summmary screen?

[schocker]

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Enmax? You don't have this box on the right when you log in on the main summmary screen?

I've got that box but then when I click no matter the device/browser it leads to nothing. I'll have to call them.

» Click image for larger version

[firebane]

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I've got that box but then when I click no matter the device/browser it leads to nothing. I'll have to call them.

» Click image for larger version

Are you on RRO? Should say on your actual bill.

[Disoblige]

I had a 9.29 cent fixed I'm riding on, but tempted to go floating now that it's 7.1 cents floating.

[max_boost]

9.29 is pretty good
Isn’t it floating +1c? So 7.1+1?
Ngl I never paid much attention to this stuff in my life, idk how I ever made it this far lol

[Disoblige]

Ballers don't need to pay attention to this.

Nah electricity floating does not have the +1. And looks like June is only 7.6 cents.

[msommers]

I'm also on 9.29 but can't be bothered to change it unless the fixed rate falls below that. I genuinely don't foresee electricity prices consistently being down that floating would be better than the 9.29.

[pheoxs]

The pool price is down to 3.5 cents/kWh and generally retail floating rates will settle around 1 cent above that though it uses a long rolling window of about ~6 months so it will take time to fall that far.

[Tik-Tok]

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The pool price is down to 3.5 cents/kWh and generally retail floating rates will settle around 1 cent above that though it uses a long rolling window of about ~6 months so it will take time to fall that far.

That would be truly excellent, since my 6c plan expires in December.

[killramos]

You think enmax sets its fixed pricing on a backward looking basis?

I would guess it’s much more likely to be forward looking based on AESO futures so they can unload some of the risk.

[redline]

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That would be truly excellent, since my 6c plan expires in December.

same... are you on the old ATCO deal?

[mr2mike]

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You think enmax sets its fixed pricing on a backward looking basis?

I would guess it’s much more likely to be forward looking based on AESO futures so they can unload some of the risk.

The House always wins.