Quote:
Originally Posted by Jimmy Stang
I have been tasked with monitoring my father-in-law's energy rates. I just changed his electricity so he's locked in at 9.79, which is an improvement over the 11.xx he was on previously. That one was easy. I will monitor every month or two and lock him in again if rates go down.
Gas, on the other hand, is a bit trickier. He's on floating, which is currently lower than fixed. And for the past year, with the exception of January 2024, floating was cheaper than fixed. Even when you factor in the approx $1 extra "fee for some reason" per GJ that you play on floating.
Aside from his larger-than-normal January 2024 bill, I think that he's done OK for the past year by being on floating.
What's the vibe heading into this winter regarding natural gas prices?
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Major oversupply, let it float