Thread: ATCO Energy
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Old 11-24-2016, 12:54 PM   #46
psyang
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Join Date: Jan 2010
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Quote:
Originally Posted by Fuzz View Post
The government has already said they will cap electricity at 6.8c/kwh for 4 years. Doesn't make much sense to lock in at 5.99 when it will probably be below that for some portion of the year. Coal plants aren't' going to be shut down that quickly anyway. I think phase out will start in 2018 but I don't think we will see prices increase on that for awhile. I'm surprised your agent said that stuff, usually I've found them to be very honest at Enmax.

http://globalnews.ca/news/3081863/al...es-volatility/
Thanks for the info. Not sure why she would say 8-10 cents if it is capped at 6.8. To her credit, the rest of the conversation was great. She was very helpful and answered all my questions.

The other thing she stated was that the rebate is capped at $100, though I've heard on here and Reddit of people getting over $100 rebate. Could be they are clamping down now that word has gotten out.
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