Quote:
Originally Posted by edslunch
I didn't lock in before, now Enmax is offering 9.29c/kWh fixed rate. Is it a good bet to lock in or not?
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The nice thing about the contract system in Alberta is that you can switch off a contract to a floating rate without penalty. 9.29c/kWh is pretty high historically for a fixed rate but it is still lower then the floating or RRO rates seen this year.
https://www.enmax.com/ForYourHomeSit...ity-After.aspx
https://www.enmax.com/home/rro/regulated-rates
It's probably worthwhile to sign it, given global energy matters and winter approaching it doesn't seem likely that rates will go down anytime soon.