Quote:
Originally Posted by MacFlame
I'm not disagree with anyone...but how are they superior? Even at the "fixed" rate of $6 (today's fixed rate rate), that's more than double the going rate...how is anyone saving money other than Enmax?
I could understand the argument that if going rates went over $6, I'd be saving money...but call me a skeptic. I highly doubt Enmax would take a loss...I'm pretty sure they have a pretty good idea of what prices are coming.......
Anyhow, what's done is done. I just find it a little misleading.....
|
Its simple. When you pay your bill every month (or few months) you check the rate. If it is lower than your fixed rate then you can call and say you want the variable rate instead.
Of course you need to take into account how good your fixed rate is, because you don't want to give it up because of freak market conditions only to not be able to get i back.