Should I Choose Fixed or Floating Electricity Rates in ... AB Natural Gas Prices, Rates & Administration Fees ... The 8.49 cents/kwh is not bad of a rate. There are also tariffs and monthly administration fees. Remember you must buy gas and possibly pay $5.99 /GJ. The cost of power changes hourly and is averaged for the month. Enmax EasyMax - Fixed Vs. Variable - Beyond.ca - Car Forums Rates & Billing. Enmax Electricity rates Fixed rates 5.89¢/kWh* 1-year Fixed 5.99¢/kWh* 3-year Fixed 6.59¢/kWh* 5-year Fixed Capped floating rate 3-Year Floating Rate* currently capped at 6.8¢/kWh‡ Natural Gas rates Fixed rates $3.79/GJ* 1-year Fixed $4.89/GJ* 3-year Fixed $4.89/GJ* 5-year Fixed Floating rate Floating Natural Gas Rate* + 99¢/GJ . 0:07. The variable (floating) rate is calculated as the cost of energy plus a transaction fee. Enmax fixed vs. floating rates... - Page 13 - Calgarypuck ... Houston electricity rates in my area. Your postal code: *. It was $6.59 when they were charging $3 on floating. 1 Excludes Medicine Hat, local gas cooperators and some REAs. The floating rate right now is 4.xx with that 1$ add on (it's 99 cents on Enmax). Source: www.enmax.com. Locked in today on Enmax fixed 6.59 cents per kwh and fixed $4.09 per GJ, for the maximum 5 years. 8.21¢/kWh-8.6¢/kWh. But floating for gas for just as long. Just wondering whoever is on the EasyMax program if you're on a fixed or variable rate? If you change plans, your new rate will become effective immediately. 0.8 floating and 4.89 fixed for five years. According to ENMAX Energy, its Choose Light and EasyMax customers are able to alternate between fixed-rate plans to floating-rate plans once per month. Flow-through price + 1 ¢/kWh. Natural Gas: Fixed: $5.99 per GJ or Variable: $3.801 per GJ. Electricity. Using the current price for contracting I looked back at the floating rate for the year and one month of high prices cancelled out 11 months of lower. Customers have the option of switching between floating and fixed rates whenever they wish (maximum one switch per month). In some cases, as is the case between AltaGas and ENMAX, the competitive price company can offer prices that are on average lower than the regulated rates. According to ENMAX Energy, its Choose Light and EasyMax customers are able to alternate between fixed-rate plans to floating-rate plans once per month. Rates vary slightly by region (usually by no more than 0.1 ¢/kWh) ENMAX EasyMax Gas Only Fixed Gas EasyMax® by ENMAX Energy allows the choice of a competitive rate for electricity, natural gas or both and a fixed or floating utility rate. Dec 2021: 13.779 ¢ $0.222 Nov 2021 10.806 ¢ $0.202 Oct 2021: 10.730 ¢ $0.202 Sept 2021 10.608 ¢ $0.202 Aug 2021 Enmax's fixed rate right now is 4.09. Customers on EasyMax can also switch to paying the floating rate if they notice market prices dropping. 6.59 Canadian cents for electricity is crazy cheap if you compare to anyplace in North America. These companies have tons of people predicting prices and they likely buy gas on futures contracts. Cancel for free if you give 30 days notice. Gas Alberta sets monthly pooled gas rates to recover its total cost of natural gas. † You can switch between available fixed and floating rate Energy Plans once per month either online or by calling 310-2010 or 1-877-571-7111 (Outside Alberta). Terms and Conditions: You can switch between fixed and floating rates once per month either online or by contacting ENMAX Energy at 310-2010. You can only change to a rate which is available at the time your elect to switch. ENMAX vs Just Energy: Compare gas offers. For instance, comparing ENMAX Energy's Choose Light and EasyMax with other options can land you the best High River electric rates and gas deals for you. For a flat daily fee, your . If you're interested in discussing some plans available to you, give us a call and one of our energy specialists can help you find a plan that meets your needs. 26, 2020 /PRNewswire/ — Today Direct Energy launched Bounce Energy (Bounce), a new residential energy advisory and concierge service that helps customers save money by finding and switching them to a better priced electricity and natural gas plan. Enmax's fixed rate for Electric is usually competitive. Enmax 5 year fixed electricity rate - 6.59¢/kWh. 3.84. Most Alberta natural gas and electricity providers, including ENMAX, ATCO, Direct Energy and Just Energy, allow you to choose between variable-and fixed-rate plans. Administration Fees. The floating rate is calculated as the cost of energy plus the retailer's margin. 6.79¢/kWh. Medicine Hat sets its floating rates at the average of default rates offered across the province. You should be on a true market floating rate if you want to really float on a market price and take advantage of current market conditions, ENMAX . Encor's 2 Year Floating Electricity Rate. For instance, comparing ENMAX Energy's Choose Light and EasyMax with other options can land you the best Cold Lake electric rates and gas deals for you. Rates float with the current market price plus $2.00/GJ for natural gas and 1.50 cents/kWh for electricity. Just wondering whoever is on the EasyMax program if you're on a fixed or variable rate? Speaking of which, where is a reliable source to find out what the upcoming gas rates would be? Just Energy 5 year fixed electricity rate 6.59¢/kWh Historical . * Encor's 2 Year Fixed Electricity Rate Average RRO Rate. You must remain an electricity and gas customer of Enmax for 5 years and should. Each EasyMax plan offers no cancelation fees if 30-day notice is given. ENMAX. The following tables show posted electricity and natural gas energy charges for Regulated Rate Option (RRO) small business and residential consumers across Alberta (less than 250,000 kilowatt-hours (kWh) per year and less . And honestly, not a bad rate if you do wish to lock and forget about it. ^ The Alberta government removed the rate cap (6.8¢/kWh) from the RRO on December 1, 2019. I would have been about even if I had switched to locked in rates. Information on the Enmax website said there were other factors in the increased rates, aside from seasonal changes. ENMAX vs Direct Energy: Compare gas offers. My current plan is fixed electricity at 5.79c until June 2022, and floating gas. Natural Gas. Subject to credit check. Super Flex Plus Energy Plan. To see current rates in your city use our real time electricity rate comparison tool at the top of the page. Turns out the enmax fixed nat gas rate is over five times the floating. 1. This is the best rate today I beleive. Enmax offers customers either fixed or floating rates: "Floating electricity rates for most EasyMax residential customers match regulated prices in each customer's service area, and for natural gas they are based on a market set price," the company stated. One year free electricity comes at a cost. * Delivery related charges, taxes, a monthly Administration Fee of an average . In Alberta, our regulated rate for natural gas is called the Gas Cost Flow-Through Rate (GCFR) and fluctuates each month due to factors including supply and demand and weather changes. EasyMax® 1-Year Fixed Electricity. ENMAX: EasyMax Floating Rate: Market price + $0.99/GJ: Site administration fee of about $7.10/month: Encor by EPCOR: Floating Natural Gas Rate (3 or 5 year): Market price + $1.00/GJ: Site administration fee of $7.00/month If you change plans, your new rate will become effective immediately. EasyMax - official energy plan of world-famous pasta sauce nights . When you learn the differences between fixed and floating energy rates, you increase your chances of getting the best electricity and natural gas deals — in other words, energy . When you choose to be billed for power and gas with Easymax, you also save half of the admin fees ($100 per year). EasyMax® 3-Year Floating Electricity and Fixed Gas. $4.39/GJ. Floating comes with a $1 (well 99 cents) extra charge, so current floating (at least on my last bill i think) puts me around fixed anyway. I noticed my bill was quite a bit higher this year because the floating rates are almost double from last year. Electric: one nice feature with Enmax is you can switch from fixed to floating once a month (but read the fine print to make sure that is still the case with all plans). Filed Under: Uncategorized Tagged With: Alberta Carbon Tax, Calgary, electricity, Enmax, Natural Gas, outsourcing. I just locked in for gas, at the 4.09 other people are noting. Enmax EasyMax - Fixed Vs. Subject to credit check. Choose Light and EasyMax in Cold Lake. Currently the rates are as follows: Electricity: Fixed: 7.79 ¢ per KWH or Variable: 3.587 ¢ per KWH. The Floating Rate is indexed directly to the cost of electricity sold by the generators into the Alberta Power Pool and changes monthly. We believe you deserve the freedom to choose your energy plans Alberta. The administration charges per month are not $7.10 but really $14.20 (as the admin fee is applied to both Electricity + Gas). The average RRO rate for the 4 major service territories in Alberta (EPCOR, Fortis Alberta, ATCO and Enmax). You can switch between fixed and floating rates once per month either online or by contacting ENMAX Energy at 310-2010. Terms and Conditions: You can switch between fixed and floating rates once per month either online or by contacting ENMAX Energy at 310-2010. Not the best deal over the winter, but I figure the floating side is just too much of a risk. Current Natural Gas Rates. We have both fixed with Enmax EasyMax, 5.99c/kWH for electricity and $3.79/GJ for gas, fixed for 3 years. 2. Direct Energy Regulated Services (DERS) is a regulated retailer that purchases daily and monthly indexed supplies for sale to consumers in franchise areas owned by ATCO Gas North and ATCO Gas South. Service Area. Choose a guaranteed or variable natural gas rate for 1, 2 or 3 years. Pay the index price plus 1¢ per kWh transaction fee (already included in the prices listed below). ATCO Energy is offering a locked rate of $3.79 +$6.99/month for 3 years plus $25 one-time credit if you call them directly to switch. Our Take. Otherwise, it just seems like a sneaky way for enmax to lock people into contracts. Competitive Retailer. Fixed rates. We may change this fee from time to time by providing 60 days advance notice to you in writing of such change Floating Gas Rate - This Energy Charge is the floating price per unit of natural gas that you will pay if you've chosen a floating gas price for your Energy Plan, calculated as follows: Floating Gas Rate = Where, HDD = Heating . The Regulated Rates are reviewed and approved by the Alberta Utilities Commission (AUC) and can change from month to month. 37%. ENMAX's floating gas rate looks to be around $2/GJ in January from the graph on its website, but ENMAX has a $0.99/GJ transaction fee. Floating comes with a $1 (well 99 cents) extra charge, so current floating (at least on my last bill i think) puts me around fixed anyway. 2. With the ATCO Advantage Rate Plan, what you pay per GJ of natural gas you use will rise or fall each month based on market activity. Is Bounce energy now Direct Energy? Oct 2021: 10.187¢ per kWh For your convenience, we've made this chart comparing the fixed and floating rates of each of the best electric utility companies in Calgary. Take a look at price history - $6.95 was significantly more than floating has been in a few years. *Note that as of June 29th, 2015, Enmax's floating rate will be equivalent to the regulated rate option **Annual cost based on historical February 2014 - January 2015 prices for the city of Calgary (6.82 ¢/kWc). so it's about the same on the gas side if I am calculating things right. The other nice thing, is that you can choose the fixed rate power and floating rate natural gas option on one plan, as there is always a big spread between the fixed rate gas and floating rate with any energy retailer. It's the fixed Gas rate that seems to be out of whack. $4.50 per site (monthly fixed rate) When invoicing our customers, a natural gas transaction fee is added to the monthly flow-through price. Natural gas winter price cap is $5.99/GJ from November to March for the term. I'm now on EasyMax: Floating Electricity + 1¢/kWh Transaction Fee, and paid last month $0.037 + $0.01 transaction fee and for gas EasyMax: Floating Gas + 99¢/GJ Transaction Fee, and paid last month $1.56 + $0.99 transaction fee Primarily, it was the removal of the Alberta electricity price cap . Variable. As we mentioned, floating rate plans calculate the cost of electricity or natural gas based upon the current market price of energy. Rates float with the current market price plus 1.50 cents/kWh for electricity. Choose Light and EasyMax in High River. The variable rate is directly indexed to the cost of power sold into the Alberta grid by Alberta generators. According to ENMAX Energy, its Choose Light and EasyMax customers are able to alternate between fixed-rate plans to floating-rate plans once per month. That means that when demand rises or an outside event—such as a natural disaster or a trade conflict—occurs, the price of energy will rise, and so the price charged by your floating rate plan will rise as well. Codes of Conduct. Rates shown in the table below are the variable regulated gas charges per gigajoule. Our monthly Admin fee is $9.99 per site per month. Monthly Cost of Gas. Summer. Rate ($ per GJ) Rate ($ per GJ) Spring. Who would ever lock in with that kind of margin? Atco rates on the website seem worse then Enmax, so guess I'm still stick deciding to renew early to a fixed/fixed plan with enmax, or leaving gas floating through the winter. Administration Fees. Rates float with the current market price plus 1.50 cents/kWh for electricity. It was pretty much a wash. 2. The floating natural gas rate is the market gas rate plus a transaction fee of 99 cents. 0. All Regulated Rate Fixed Rate Variable Rate Microgeneration Rate. If you change plans, your new rate will become effective immediately. Direct Energy's fixed rates are for two years only. ATCO Gas. Regulated rates are volatile, check out our low fixed rates or learn how our floating rate can compare. Some conditions, admin, other fees and taxes beyond the electricity and natural gas rates also apply. Headquartered in Calgary, AB aiming to deliver long term value to its largest shareholder, the City of Calgary. For instance, comparing ENMAX Energy's Choose Light and EasyMax with other options can land you the best Lloydminster electric rates and gas deals for you. However, Alberta is a deregulated energy market, so anyone in the province can decide which utilities to … Currently the rates are as follows: Electricity: Fixed: 7.79 ¢ per KWH or Variable: 3.587 ¢ per KWH Natural Gas: Fixed: $5.99 per GJ or Variable: $3.801 per GJ From some older threads I've noticed for the most part fixed electricity and variable natural gas. FWIW, I have 5 year fixed electricity with Enmax at 5.99c/kWh, and floating gas which has ranged between $1.70 and $2.70/GJ over the last year. To find new Fort Saskatchewan electric rates and gas prices, find information about marketers and their plans with EnergyCompaniesAlberta.com. You have the option of receiving natural gas service from a regulated rate provider or a competitive retailer. Lake mead 1065 feet. This means our costs and rates are reviewed and approved by the Alberta Utilities Commission (AUC) to ensure customers pay fair and appropriate costs. However, differences in transaction fees are often no more than a fraction of a cent, making the total difference fairly insubstantial. Once again, ENMAX appears to offer the best rates with their $4.99 fixed rate, and their floating rate, which comes with a lower transaction fee than Direct Energy (99 ¢/GJ, compared to $2/GJ charged by Direct Energy). Fixed Rate Offer. For instance, Enmax, or EasyMax, offers multiple different rates depending on the length of contract you sign: a 12-month fixed rate plan through EasyMax is listed at ¢5.59/kWh; their 36-month fixed rate plan costs ¢6.59/kWh; and their 60-month rate plan costs ¢6.79/kWh. Click to read more on it. We use cookies and other web tracking technologies to improve our services, identify areas for repair, better understand what our customers use and don't use, and for marketing services. This is what helps us ensure our customers receive highly competitive and fairly-priced natural gas in Alberta. Up to 250,000 kWhs of electricity per year or 2500 GJs of natural gas per year. Type of service: Residential Small Business - Monthly Energy Bills under $1,500 Business - Monthly Energy Bills between $1,500 - $3,000 Commercial - Monthly Energy Bills between $3,000 - $10,000 Large Commercial - Monthly Energy Bills between $10,000 - $35,000 Industrial - Monthly Energy Bills over $35,000. We know there are numerous Alberta energy companies out there fighting for your business. It's the same rate as if you never made a competitive choice so it isn't a true floating market price, it's just a month-ahead estimate. At Burst Energy, our margin is 1.0 cents per kWh. Enmax current floating Natural Gas Rate of Market Price + $0.99/GJ. Variable rate. Learn More. . Electricity. Rates. If you're an regulated rate option (RRO) customer, you can stay on the RRO or choose to purchase your electricity from a competitive retailer. In this case, consumers under floating-rate products tend to be more affected by volatility than customers with fixed-rate deals. Two years in a row Enmax prices have been extremely high in February. With EasyMax®, you have the freedom to choose between a fixed or floating rate, monthly. Whether you're looking to consistently get the lowest market price on a floating plan or want to tell your electricity to stay put with a historically low rate on a fixed plan, Encor by EPCOR has a 100% carefree option built just for you. Updated: 12-21-15. 310-2010 or 1-877-571-7111 (Outside Alberta) 4.7/5 (67 Views . Just wondering whoever is on the EasyMax program if you're on a fixed or variable rate? Wholesale Market Natural Gas Price. Comparable prices for gas were $4.65 from Apex Utilities and $4.94 from Direct Energy. Our floating natural gas rate is based on the market prices published by ICE (Natural Gas Exchange Inc.). ENMAX is not the most competitive provider in offering locked rates on gas. Up to 250,000 kWhs of electricity per year or 2500 GJs of natural gas per year. Actual rates may fluctuate and are subject to change at any time without notice. The table does not include other charges on your bill such as distribution and other rates applicable in your service area; this information is provided at the bottom of this page. I'd need to renew and lock in a new electricity rate to have the option of fixed gas rates. Carefree home electricity plans for wherever life takes you. Alberta Energy Retailer Floating Rates. No floating rate offers for electricity at this time. 39 Votes) Once again, ENMAX appears to offer the best rates with their $4.99 fixed rate, and their floating rate, which comes with a lower transaction fee than Direct Energy (99 ¢/GJ, compared to $2/GJ charged by Direct Energy). To learn more, use the Cost Comparison Tool found on the Utilities Consumer Advocate (UCA) website or contact the UCA at 310-4822 (toll free from anywhere in Alberta). As of June 2019, the monthly administration fee from ENMAX Energy is $7.10 per site for each power and natural gas. Stick to ATCO/Enmax if you can. I just locked in for gas, at the 4.09 other people are noting. Turns out the enmax fixed nat gas rate is over five times the floating. According to data on Enmax's website, the floating rate for natural gas hit a February price of $4 per gigajoule, compared to the $1.80 the same time last year. Natural Gas Prices fluctuate every month as the actual market price changes. Our distribution charges are among the . Thought it might be a good idea to lock in nat gas because of the ndp making heating homes more expensive starting next year. Who would ever lock in with that kind of margin? From some older threads I've noticed for the most part . ENMAX just provides their floating customers the RRO rate. Variable rates (depending on market prices) Bow Valley Power. Electric utility company. 1. Currently the rates are as follows: Electricity: Fixed: 7.79 ¢ per KWH or Variable: 3.587 ¢ per KWH Natural Gas: Fixed: $5.99 per GJ or Variable: $3.801 per GJ From some older threads I've noticed for the most part fixed electricity and variable natural gas. Choose Light and EasyMax in Strathmore. Related Videos. You can switch between fixed and floating rates once per month either online or by contacting ENMAX Energy at 310-2010. Residential Natural Gas Rates. The rates charged by competitive retailers will vary. . You'd have to use pretty close to $1000 free electricity in the first year and then hope like heck that electricity rates skyrocket up in years 2-5 for this to be a really good deal. Furthermore, also remember that the price of gas supply is only one part of your gas bill. The floating rate is calculated as the cost of energy plus 0.85 cent per kWh. For a list of energy providers in your area, visit www.ucahelps.gov.ab.ca or call 310-4-UCA (310-4822) in Alberta and 780-644-5130 outside Alberta. + 0.47¢/kWh. Terms and Conditions. Gas: absolutely go floating. 3. ENMAX's EasyMax has one fixed rate option and one floating price, and charges about $7.10 per month in administration fees. ATCO Outsources $1.2B Worth of Alberta IT and Service Jobs. But floating for gas for just as long. I've been on fixed electricity rate for a fair while now. If you change plans, your new rate will become effective immediately. $5.15 per site (monthly fixed rate) When invoicing our customers, a natural gas transaction fee is added to the monthly flow-through price. Natural gas delivery is a fully regulated service in Alberta. The Residential Floating Price Historical Chart is for demonstration purposes only and is not part of the billing process. For instance, comparing ENMAX Energy's Choose Light and EasyMax with other options can land you the best Strathmore electric rates and gas deals for you.

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