- Joined
- Apr 10, 2008
- Messages
- 107
Hi,
Someone has approached me on behalf of an energy reseller to lock me into my gas and hydro bill at a fixed rate for 5 years.
Apparently we re at 12 year lows and things are about to explode. I didnt give it much thought until I was told the rate would lock me in and I wouldn`t have to worry about the new smart meters that bill me more during the day.
Have any of you had or locked into rates?
How did it work out for you?
Pros? Cons?
Feedback is appreciated.
Here is part of the blurb that was given to me..
"Energy costs are at a 12 year low because of low demand during the recession. Not for long.
This past week the Ontario Energy Board released a statement to the
media regarding hydro rate increases coming this summer. Actually, the
rates or per kilowatt hour will change effective May 1, 2010.
Some of you are on TOU (time of use) meters already! Meaning, to save
money on your hydro bill, you will be required to change your habits.
Running dishwashers, washers/dryers, oven, stoves, and all electrical
appliances would be more economical to use in the off peak hours. (9pm
to 7am).
PLUS HST IS COMING JULY 1ST.
The Ontario Energy Board has announced that as of April 1, 2010 the Gas
supply rate is increasing as well. For Enbridge customers this rate will
now jump to 21.1171 cents per cubic meter (after the Gas Cost
Adjustment). These prices will continue to increase as the economy
continues to rebound.
Please see attached link for further information:
http://www.oeb.gov.on.ca/OEB/Consumers/Nat...Gas+Rates"
Someone has approached me on behalf of an energy reseller to lock me into my gas and hydro bill at a fixed rate for 5 years.
Apparently we re at 12 year lows and things are about to explode. I didnt give it much thought until I was told the rate would lock me in and I wouldn`t have to worry about the new smart meters that bill me more during the day.
Have any of you had or locked into rates?
How did it work out for you?
Pros? Cons?
Feedback is appreciated.
Here is part of the blurb that was given to me..
"Energy costs are at a 12 year low because of low demand during the recession. Not for long.
This past week the Ontario Energy Board released a statement to the
media regarding hydro rate increases coming this summer. Actually, the
rates or per kilowatt hour will change effective May 1, 2010.
Some of you are on TOU (time of use) meters already! Meaning, to save
money on your hydro bill, you will be required to change your habits.
Running dishwashers, washers/dryers, oven, stoves, and all electrical
appliances would be more economical to use in the off peak hours. (9pm
to 7am).
PLUS HST IS COMING JULY 1ST.
The Ontario Energy Board has announced that as of April 1, 2010 the Gas
supply rate is increasing as well. For Enbridge customers this rate will
now jump to 21.1171 cents per cubic meter (after the Gas Cost
Adjustment). These prices will continue to increase as the economy
continues to rebound.
Please see attached link for further information:
http://www.oeb.gov.on.ca/OEB/Consumers/Nat...Gas+Rates"