I was just visited by a gas marketer, who clearly chose to ignore the no soliciting sign on my front door. I let them take down all my information, and patiently listended to their spiel. Then comes the kicker...they want to lock me in a rate of $9.98/GJ. So, before I go and sign anything I want to be informed. I asked why the current rate is 7.663/GJ, and was told it was the summer rate. So I asked, if summer rates are set in Winter at the height of gas consumption, since I knew the rate was set in Jan/07. They gave me some BS answer, but then I said one minute please, and looked up the rates for the last 5 years on Terasengas.com.
Only in Jan/06 have the rates even approached the 10/GJ mark! I'm not sure of the current trends of natural gas supplies, but they showed me a chart of fluctuating gas prices to entice me to change gas companies. Of course the chart data is from Toronto!!!! Totally different freakin market!
People, beware of what these people are trying to make you sign. This person was trying very hard to make it sound like this was a Terasen thing to save me money. Not a BCUC to offer me a choice of gas providers.
I know economics are hard to predict, but the price of natural gas doesn't seem to have changed much in BC over hte last 5 years. Do you think the trend will remain the same? Did you choose to use one of these gas marketers?