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b_12, Thunder Bay
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posted in Universal Energy Scam: Rates Higher than Local PUC
26 September 2006 10:32 PM
Just letting people know that you are all looking short term when it comes to power rates, I am not sure who Universal Energy is, but My mom is on the program with Ontario Energy Savings, and all it does is ensure you are paying a 2006 price for power until 2011, It is obviously not going to go down as demand grows and summers get longer. It changes monthly for the next 5 years, if your not registered on a fixed price program, so all it is free insurance that your gas and power rates will be protected from many possible increases. The electricity is a new concept, but hundreds of thousands of natural gas customers have saved a lot of money from signing a contract so when you people that complain paid 42 cents per m3 this past winter some of those who signed up only paid 18-24 cents, so ask yourself should you really be complaining and trashing a program that you know nothing about. I know you were taken advantage of by Universal Energy, and always read the fine print and ask many questions so all your objections are answered, with any luck you would know exactly what you were getting into, so I would say this is also some of your own fault as well. Make sure forms are filled out correctly and you always have to reaffirm a contract throught a telephone call at the time it was signed or in 2 to 3 weeks, so whoever signed this obviously knew exactly what they were doing. Thanks and don't mis inform people of a valuable program before you even look into its obvious belefits, like PEACE OF MIND, that your power rates wont increase. Out West their rates have already exceded 9.7cents/kwh. SO I bet you that 8.38 cents doesnt look so bad now I suppose.
Signed. tHE INFORMER
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