Quote:
Originally Posted by Fuzz
I was in the exact same position. See here:
https://forum.calgarypuck.com/showpo...&postcount=222
I just switched this week to fixed electric. I'm not convinced gas is going to go as high though, and it will probable be short term. The admin fee is 50c lower9I think) on our plan, and if you change, it goes to 99c. I figured over a year it's probably still better to stay floating for gas, but who knows.
Electricity makes sense to lock in today, because it's over 10c, and you can switch once a month.
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I'm of the same mindset. I've actually been on fixed electricity for a long time as I like to keep that cost relatively predictable. We have a few things that can be considered power hogs like a deep freeze, second fridge, electric heating in the garage, AC so I like to think I am protecting myself against any sort of price shock with fixed electricity.
I like to think we are pretty efficient in terms of NG consumption so I'm not too concerned about NG price spikes.