Quote:
Originally Posted by Hockeyguy15
^^^Won't let me quote you.
Yes you can switch your plan once every 30 days. You can lock in now at the 5.89 and move it back to floating after the 30 days, depending on what the rates do.
Yes easy max is capped at 6.8.
Their online chat is good if you have anything else you want to confirm.
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Thank you - that's good info.
I asked a few questions to customer service and they say that the vast majority of customers are on EasyMax and are protected in their terms and conditions with the cap of 6.8. Those that aren't were new sign-ups from 4-5 years ago and will have the "Indexed" electricity rate, which is not protected.
So if anyone sees their electricity plan listed as "indexed" on their bill (mine is "EasyMax Matched"), then they should consider changing to an EasyMax plan to get the protection of the cap.
All of this being said, if I switched to a fixed rate of 5.89 now, and rates did hit the cap of 6.8, it might save me $7 based on the usage on my last bill and the 1 cent difference in rates
Hardly worth worrying about, but $7 in my pocked instead of Enmax. Until I forget to switch back.
