At LEAP Energy, we believe customers shouldn’t have to hedge their electricity bills with fixed rates. This is because pool pricing in Alberta has been historically low and variable rate contracts have been, on average, 20-50% lower than fixed rates.
On a Floating Rate plan, your bill will be different from month to month. This is due to variation in your consumption and fluctuation in the monthly electricity rate. But, if you or your business can control power consumption in response to peaks in the electrical market, a variable pricing strategy could be right for you.