Quote:
Originally Posted by TheyCallMeBruce
I went back a full year on my bill and the average floating rate was 7.5cent. It wasn't until the past 3 months that I've seen it exceed 8cents.
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Me too, I went back 1.5 years and it's never been above 0.08. I watch it every few months (when I remember!) and never do I see it move.
Enmax's allowing you to jump in and out is great, so there really is no wrong answer here - group hug!
The best approach: When you see floating is going to go above fixed, go fixed. As soon as floating drops below fixed, go back.