Toronto Escorts

Hydro rates going up?

sabres_66

New member
Jan 12, 2009
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There are probably smarter people that me but I have a chance to lock my Hydro in at 7.5 cents for 5 years and no smart reader charge. Any thoughts if this is a good thing or not. Will Hydro go up.:confused:
 

splooge

New member
May 5, 2010
928
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San Jose, CA
You are always going to pay a premium for fixed rates no matter what. Think about it, the 'lock in prices' are determined by teams of analysts working for the profitable hydro resellers, not you!

Allowing the retailer to determine the locked-in prices is not permissible on the futures contract exchanges, and thus, why you don't see these 'options' availabe there... The way the retailers market and sell you contracts will never gain approval from any of the exchanges in Canada or the USA. Remember that at the end of the day the utility companies are out to make a profit from you as a customer. It is up to you to decide by how much you want to let them exploit you.

If they have to market it to you, then you know they are the greater beneficiaries. The same goes for mortgages, though the profit margins are much slimmer for mortgages than in the 'unknown' world of fixed-rate utilities contracts.
 
Ashley Madison
Toronto Escorts