Wednesday, June 13, 2007

Who’s that knocking at your door?

Who’s that knocking at your door?

April 15 2007 by Ellen Roseman

Link - http://www.ellenroseman.com/?p=20

If they tell you about great savings on natural gas or electricity and they want to look at your utility bills, shut the door….quickly.

I’m not against locking in a long-term price for energy (and I did it myself once), but I don’t trust door-to-door sellers of energy contracts. Too often, according to what I hear, they misrepresent who they are and what you get if you sign. You don’t have time to do any background research and make up your mind on whether it’s a good time to buy.

Before you agree to anything, check the Ontario Energy Board reports on consumer complaints relating to gas and electricity retailers. You can check each company and see what kind of complaints it has received.

Also, you have to compare the prices you’re quoted with your local utility’s price. If you go to Energyshop you can see whether you would have been better off locking in or staying with your utility. Because of the falling price of gas in the past 18 months, Enbridge Gas customers who didn’t lock in have been ahead of those who did.

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