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Spot Power
Variable Electricity Rate

Overview

Customer type: Home
Pricing type: Variable rate
Contract length: No Term

Features

  • No Exit Fees
Cooling off period 10 days to cancel without cost or penalty.
Eligibility Criteria Subject to credit check. Prudential required based on yearly historical consumption.
Terms and Conditions Payment by Pre-Authorized Debit only. Customers must have e-mail and agree to accept electronic monthly invoices. Agreements may be cancelled with only 10 business days written notice, without additional fee and/or penalty. Prudential is returned in full at expiry of agreement. Funds held will earn five percent interest per annum, paid to the customer as a monthly credit deducted from their bill. Customers will be charged an additional Variable Administration Fee of $0.002 per kWh for any electricity usage over 2950 kWh per month.
Pricing Changes Flow-Through price plus 0.67¢/kWh. Flow-through prices for electricity are based on hourly Alberta Pool prices with additional charges to reflect line losses and unaccounted for energy, load shaping and administrative fees.
Green Plan Description Not applicable
Incentives and Bonuses Not applicable
Early Exit Fee No