FlyerTalk Forums - View Single Post - Continental Energy Plus Promotion (scam)
View Single Post
Old Mar 9, 2011, 11:27 am
  #8  
CkCrunch
 
Join Date: Mar 2004
Location: London
Posts: 224
Please do not lump Energy Plus with other electric providers offered through your grid provider. Many of those electric providers *can* offer much better rates than your standard utility because they are independent power produces (IPP). IPPs own their own plants and thus can have competitive rates especially during non-peak hours (most residential users use power during non-peak periods). IPPs are often more expensive during peak hours because they tend to be marginal producers and thus higher cost.

As far as I know Energy Plus does not own any power plants. They are a simple remarketer of electricity (they buy energy from the utility or an IPP and resells it to you), so it is unlikely they will give you the best deal. Occassionally, Energy Plus will appear to have cheaper rates because most utilities hedge their costs exposure to smooth out rates over time, so you may benefit from a temporary decline in energy prices.
CkCrunch is offline