Alright CP,
I'm bad with numbers, and whatever voodoo math Enmax uses to turn $21 of usage into a $56 charge makes my head spin.
So I'm coming up for renewal, and being offered some of the "new" rates without the EasyMax reward dollars.
Current rate (with yearly $100 EasyMax dollars)
Electricity: 8.0¢/kWh
Gas: $6.59/GJ
Average electricity use: 252/kWh * 8.0¢ = $20.16
Average gas use: 5.11/GJ * $6.59 = $33
Electric year: $241
Gas year: $396
TOTAL: $637
Offered rate (no EasyMax dollars)
Electricity: 5.59 ¢/kWh (3-Year fixed I think?)
Electricity: 5.99 ¢/kWh (3-Year fixed)
Gas: $3.79/GJ (3-Year fixed I think?)
Average electricity use: 252/kWh * 5.99¢ = $15.10
Average gas use: 5.11/GJ * $3.79 = $19.36
Electric year: $181.14
Gas year: $232
TOTAL: $414
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Old Rate $637 - New Rate $414 = $223 difference
LESS $100 EasyMax = $123 cheaper on the "new" rate.
TL;dr: By my math the new rate is $123 cheaper when the admin/delivery line items are not included. Will the new admin charges eat up that savings? Or do I come out ahead over the course of a year?
Last edited by Regular_John; 02-04-2016 at 07:47 AM.
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