Tuesday, July 29, 2008

Cancelling Your Direct Energy Contract May Cost You $800

Cancelled Contracts Carry Huge Costs

Toronto Star - April 19, 2008 - Ellen Roseman

You sign a long-term gas and electricity contract, hoping to save money, but promised savings have not materialized.

In the last two years, anyone who signed or renewed energy contracts has paid more than if they had stayed with their local utility.

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3 comments:

Julia said...

Today,a young man of Superior Energy visited my house and encouraged me to sign a agreement on gas price protection within 5 years. I was told that customers have ten days cacellation option without additional cost. Is that true to cost $800 if cancelling? Who can help me to know if this agreement can really help every family to save money? Many thanks.

Unknown said...

I really dont know why any one in there right mind would cancel the plan. If its because it was signed by someone not fully aware or feal pressured, well fine, I would be mad too. Just because the person at the door was pressuring doesnt mean that you have to cancel an awsome rate. Understand this, the other provinces have been deregulated for almost 10 years now and they are paying over 6 times our rate. Do a little homework and check the market in these other provinces because it will show you where the gass market will be here in a few years.

jafar said...
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