Expired Hot Deals

[ATCO] ATCO Energy Plans (Alberta Only)

  • Last Updated:
  • Apr 10th, 2019 3:12 pm
Deal Addict
Nov 10, 2012
1315 posts
692 upvotes
Calgary
I don’t believe this includes the $50 annual credit atco provides through their “normal” plans. Still probably a pretty solid deal. The gas might be a tad expensive (I’ve always gone floating gas) but at $3 per GJ I’d say it’s still pretty good (floating is market plus $0.89). Might have to consider switching from my current atco plan to this one. Thanks OP.
Member
Feb 17, 2009
277 posts
229 upvotes
Plugging these rates ($3/GJ for NG, $0.03/kWh for electricity) into my Enmax bill over the past 12 months and I get the following:

- I would have saved about $115 on my electricity bill during the 12 months
- I would have spent about $152 more on my gas bill during the 12 months

The result is a net loss of about $37. With the $50 bill credit, that would put me into a net gain during the first year but not for the other two subsequent years. Last year was a cold winter so overall net savings may be possible during a mild winter. But it is not clear there are savings to be had so I don't see the point in switching.
Sr. Member
Jul 11, 2018
699 posts
498 upvotes
theboschman wrote:
Nov 2nd, 2018 11:51 pm
Terms and conditions say: $150 first year, $100 in second year, $50 during the third year.

$0 within the last 3 months.

https://www.atco.com/content/dam/web/fo ... 1514391682
.. per service. So multiply by two if you have both electric and gas.
Roger21 wrote:
Nov 2nd, 2018 11:58 pm
I hope most are on foating rates anyway, here's the history:
https://ucahelps.alberta.ca/historic-rates.aspx

I noticed my bill was quite a bit higher this year because the floating rates are almost double from last year.
One of these summer months it was 10.6 cents.. we were also at 2000kwh.. pretty crappy bill.

Thankfully not an issue with this over 3 years.

Anyways, to some posts suggesting the contract is bad, I don't see how this isn't worth it, unless you're moving elsewhere where ATCO doesn't service, anticipate a sub 3 cents floating rate (or better gas rate), or someone is paying your electricity bill, you can just take this with you when you move. And moving where they don't service is usually an out as well in most kinds of contracts.
Best deals:
Deal Addict
Dec 17, 2013
1089 posts
485 upvotes
CALGARY
I am on a 3 yr guaranteed price of 5.89c for electricity and $3.59 for gas. Never realized floating was that cheaper.
Sr. Member
User avatar
Jul 21, 2013
601 posts
240 upvotes
Calgary
cec4111 wrote:
Nov 3rd, 2018 10:33 am
I am on a 3 yr guaranteed price of 5.89c for electricity and $3.59 for gas. Never realized floating was that cheaper.
Oh man by quite a bit actually.

I'm with Enmax floating for a few years now, I checked the numbers since January 2016 until the last bill. Now it depends on your consumption mine was a total of 26245 KW/h (795 KW/h avg per bill) and 89.56 GJ (2.714 GJ avg per bill).

Enmax floating:
electricity: $3,869.62
gas: $1,765.94
total: $5635.56
avg per bill: $170.77

ATCO 3c/$3 promo:
electricity: $3,544.66
gas: $1,711.81
total: $5256.47
avg per bill: $159.29

and your rates:
electricity: $4,602.06
gas: $1,890.10
total: $6492.16
avg per bill: $196.73

I adjusted the numbers for the variable charge admin fee's and the fixed admin fee's for ATCO ($7.10 vs $5.99)

Conclusion: if you're not on variable, switch to variable. This plan is hot if you use a lot more electricity than gas.

In my case I saved about $365 over 2 years.
Last edited by Roger21 on Nov 3rd, 2018 11:27 am, edited 1 time in total.
Newbie
User avatar
May 28, 2018
96 posts
4 upvotes
ON
Problem with retail/consumer utilities cost is not the rate they offer, but the all the fixed cost for connection, admins and etc.
Sr. Member
User avatar
Jul 21, 2013
601 posts
240 upvotes
Calgary
needmoremoola wrote:
Nov 3rd, 2018 11:04 am
Problem with retail/consumer utilities cost is not the rate they offer, but the all the fixed cost for connection, admins and etc.
Not true. ATCO charges $5.99 admin charges, Enmax $7.10 per month. All your other rates will be exactly the same.
Last edited by Roger21 on Nov 3rd, 2018 11:18 am, edited 1 time in total.
Newbie
Dec 5, 2012
25 posts
13 upvotes
CALGARY
I just did the math quickly and i wouldn't say variable is cheaper than 3c/kwh, by that virtue alone. if you use 700kwh a month, at .067c/kwh, thats 46.90, at 3c thats 21. you're saving nearly 25$ a month. becuase there was numerous analysts and industry experts releasing all sorts of data and reasons that electricity is only going up from now on, eg, coal plants shutting down, etcetcetc. but in terms of gas, if you look at the historical graphs for past few years, generally it hovers around 3$, until the summer months where it drops to 1.5$ or less. but in the winter its mostly around 3$ or more. which yes is savings but in summer i use nearly no gas during those periods anyway so the savings won't be very large. eg. i used 0.44gj last month. difference between 3$ and 1$ will be .44c vs 1.50$. so i save 1 dollar...
Sr. Member
User avatar
Jul 21, 2013
601 posts
240 upvotes
Calgary
alphaz wrote:
Nov 3rd, 2018 11:07 am
I just did the math quickly and i wouldn't say variable is cheaper than 3c/kwh, by that virtue alone. if you use 700kwh a month, at .067c/kwh, thats 46.90, at 3c thats 21. you're saving nearly 25$ a month. becuase there was numerous analysts and industry experts releasing all sorts of data and reasons that electricity is only going up from now on, eg, coal plants shutting down, etcetcetc. but in terms of gas, if you look at the historical graphs for past few years, generally it hovers around 3$, until the summer months where it drops to 1.5$ or less. but in the winter its mostly around 3$ or more. which yes is savings but in summer i use nearly no gas during those periods anyway so the savings won't be very large. eg. i used 0.44gj last month. difference between 3$ and 1$ will be .44c vs 1.50$. so i save 1 dollar...
In the last 2 years, the price of electricity was higher than 3c/KWh was all in the last 9 months, never before that, which makes me think that the trend of prices will go up. Actually by including the 99c admin charge it's been over 3ct for 18 months now.

For gas it's a bit of a mix, higher in winter, lower in summer.
Deal Fanatic
May 29, 2006
9633 posts
2280 upvotes
alphaz wrote:
Nov 3rd, 2018 12:34 am
I can tell you right now thats not a true statement for the floating rate, from your own link, it shows floating hasn't been 0.03x since the end of last year. in addition i have all the bills from enmax to prove it..
it has been at the 0.06x $ cap for the whole summer including aug-sept bill.
enmax has different billing charges in your region, its not alberta pricing,
Sr. Member
User avatar
Jan 14, 2004
809 posts
57 upvotes
Thanks, Signed up. Was getting hosed by Direct Energy.

0.0699 /KWH
4.99 /GJ

Should Equate to some decent savings even with distribution costs being higher than usage :Facepalm:
Sr. Member
Aug 12, 2010
539 posts
128 upvotes
Hard to say what NG will be like rates wise. There could be a shortage.
Newbie
Oct 3, 2015
9 posts
Calgary
3c for electricy will be no brainer for next 3 yrs as treand is goingup. $3 is average if you use ucahelp data plus 0.99 transaction fee for floating, fixed price does not have that fee. Plus in my past 2 yrs bill, I use 80% of gas in winter 6 months, so lower gas price doesn't make a difference for the reset 20% usage. overall I may save $100~$150 pre year. Now the difficult part is the penalty which is hefty if you think of moving.
Deal Addict
Nov 10, 2012
1315 posts
692 upvotes
Calgary
Just built a little spreadsheet to compare my current plan (fixed electricity 6.59c, floating gas - market plus $0.89) to this over the past 2 years. Shows I would have saved $850 over that period. I am going to sign up. Thanks OP.
Deal Addict
Apr 27, 2017
1457 posts
801 upvotes
Calgary
This looks like a hot deal for people cryptocurrency mining.
The gas sucks but that's not the problem for miners.


Any miners out there comment?

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