Expired Hot Deals

[ATCO] ATCO Energy Plans (Alberta Only)

  • Last Updated:
  • Apr 10th, 2019 3:12 pm
Sr. Member
User avatar
Jul 21, 2013
601 posts
240 upvotes
Calgary
I did some more comparing and it's a hot deal. If you account for the 89/99c and 1c admin costs on gas and electricity it's almost always cheaper for floating even. If you're fixed it's a no brainer.

So I signed up last night.
Sr. Member
Aug 12, 2010
539 posts
128 upvotes
I signed up also. Was a no brainer as I was paying .06 for electricity and 4.50 for gas. This new plan allows for greater predictability of my utility bills and no surprises with sudden temporary rate increases, etc. In Summer it doesn't matter as I use 1Gj or less per month. Might try using more electricity for heating this winter.
Deal Addict
User avatar
Dec 26, 2007
1221 posts
180 upvotes
Calgary
snootchiebootchies wrote:
Nov 3rd, 2018 1:10 am
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.
Exactly - this is NOT a good deal under current market conditions, and anyone who took it would have been better off at Enmax.
Sr. Member
User avatar
Jul 21, 2013
601 posts
240 upvotes
Calgary
Derfel wrote:
Nov 4th, 2018 9:47 am
Exactly - this is NOT a good deal under current market conditions, and anyone who took it would have been better off at Enmax.
Are you comparing just floating rates or are you comparing rates + admin fee's?

See these graphs:
Image
Image
The dips in gas are summer months when your consumption is practically 0.

Unless you think that gas and electricity will go into historical low, it's almost a no brainer.
Deal Fanatic
May 29, 2006
9633 posts
2280 upvotes
so I decided to look at my enmax bill in Edmonton, power rates have been 6.8 cents per month for a few bills even though im on a floating rate, that tells me that power is higher then 6.8 right now as its capped at 6.8 for my account

im on a grandfathered plan, I get 100$ in annual easy max dollars, my natural gas is also floating rate plus .47 cents instead of the 0.99 that they charge now.
Deal Addict
Dec 17, 2013
1089 posts
485 upvotes
CALGARY
Roger21 wrote:
Nov 4th, 2018 3:22 pm
Are you comparing just floating rates or are you comparing rates + admin fee's?

See these graphs:
Image
Image
The dips in gas are summer months when your consumption is practically 0.

Unless you think that gas and electricity will go into historical low, it's almost a no brainer.
does the enmax graph include 99c admin fee?
Deal Addict
Nov 10, 2012
1317 posts
693 upvotes
Calgary
Annoying that their call centre is closed on Sundays... would have switched to their plan today (I’m already with ATCO so I think I have to call to switch).
Deal Addict
Dec 17, 2013
1089 posts
485 upvotes
CALGARY
The only thing that is stopping me is the early departure fee. I think this would be equal at variable rate for three years average.
Newbie
Jul 18, 2006
38 posts
22 upvotes
Many thanks OP, this is going to save us a bundle ($200+ per year including the increased pricing on NG) versus the regulated rates.

Since, we've made the switch from gas vehicles to EVs and this is like getting 50% off fuel guaranteed for 3 years!!! Just enough time to save up for potentially a solar installation.
Deal Addict
Apr 27, 2017
1457 posts
801 upvotes
Calgary
Just my energy charge on the electricity section of my enmax bill. (Ignoring all admin and distribution charges) is about $215+ a month. (3,200 kwh at 0.068)

This plan is going to save me over a $100 per month.

The gas charge is horrible though.... But I only used like 3gj my last bill. So I guess it doesn't matter.
Deal Addict
Apr 27, 2017
1457 posts
801 upvotes
Calgary
xcommander wrote:
Nov 4th, 2018 10:22 pm
Many thanks OP, this is going to save us a bundle ($200+ per year including the increased pricing on NG) versus the regulated rates.

Since, we've made the switch from gas vehicles to EVs and this is like getting 50% off fuel guaranteed for 3 years!!! Just enough time to save up for potentially a solar installation.
This isn't 50% off.
It's more like 25% off.
The admin and distribution charges all carry kwh charges... And those aren't going to change.
Newbie
Jul 18, 2006
38 posts
22 upvotes
Suthek wrote:
Nov 4th, 2018 10:47 pm
This isn't 50% off.
It's more like 25% off.
The admin and distribution charges all carry kwh charges... And those aren't going to change.
Yes a little misleading, but let's just say it's like agreeing to pay a street pump price based on a locked WTI @ $32/bbl for 3 years; you know you won't be paying 50% less than today, but it's still not a bad deal given the outlook Winking Face.
Deal Addict
Apr 27, 2017
1457 posts
801 upvotes
Calgary
As of June 2018,

Distribution charge:
Service and Facilities Charge per day $ 0.502456
System Usage Charge per kWh $ 0.010690

Transmission charge:
Variable Charge per kWh $ 0.019463

Assuming a 30 day month, that's
Fix cost: $15.07368. (0.502456 per day)
$0.030153 per kWh (0.010690 + 0.019463)
And then the 3 cents per kWh advertised.

So you'd be going from $0.068 + 0.030153 (about 0.098153 per kWh) (I'll round to 10 cents to be easy)
To just over 6 cents.

So I think in the end it's about 40% cheaper?

Anyone else know the math for your bill better than me?
Any disputes on my logic? Would appreciate input.
Deal Fanatic
May 29, 2006
9633 posts
2280 upvotes
Suthek wrote:
Nov 4th, 2018 10:40 pm
Just my energy charge on the electricity section of my enmax bill. (Ignoring all admin and distribution charges) is about $215+ a month. (3,200 kwh at 0.068)

This plan is going to save me over a $100 per month.

The gas charge is horrible though.... But I only used like 3gj my last bill. So I guess it doesn't matter.
that's a lot of power, what are you doing? im like 500kw for a family of 4 in a 2400 foot house.

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