Quote:
Originally Posted by Lil Pedro
Enmax just asked to renew my plan:
Electricity: 5 years, $11.29/kWh (previous was $6.39/kWh)
N. Gas: 5 year, $5.79/GJ (previous was $3.79/GJ)
Pretty steep increase on what I was currently paying, plus my old plan was for 3 years. That said, I do like the convenience of being locked into a rate rather than floating. Not sure what to do. Anyone in a similar situation?
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I received this letter as well, and I was thinking about it, but there are a few changes, at least for us that make me question whether we should. One thing is locking into the fixed electricity, you are agreeing to a new set of T&Cs which includes changes to the natural gas terms. For ours, our Transaction Fee doubles to $0.99/GJ for natural gas and it can be increased bi-annually by 25% each time, and the same with the Admin charges ($0.28/day) , plus the EasyMax Rewards Dollars are gone. We are pretty consistent about about 450kWh for electricity usage, and 8GJ is worst-case in the winters.
So, my only worry is the new T&Cs will leave us vulnerable to Enmax jacking us their non-consumption other charges. Should I be more worried about varying value of electricity and natural gas, or whether Enmax would increase all of their fees with how the new T&Cs are written.
Wonder if anybody else considered these issues as well and still went with the fixed?