911 Rod

As we all know, when gas and electricity was de-regulated a few years ago, many people got scammed into buying it from door to door sales people.

I know many of us here have businesses that have office hours and are paying the high peak rate for electricity.

I've been approached by Ontario Wholesale Energy and they tell me they have purchased electricity in bulk and can give me a better rate for 24/7. No contract. Goes on my regular hydro bill.

Anyone heard of them? Too good to be true?

Thanks
Rod

Christien

Hah, that was one of my summer jobs back in high school, selling gas contracts door to door. I think I lasted 2 days before I realized that it was almost assuredly a scam and quit.

wc11

I don't trust any "Re-sellers".
Especially if their 1st question is "can I see your current bill to see if your getting your entitled discounts".

"But he had a clipboard" is no excuse.

jumper5836

Anything is possible. Maybe its the States selling it back to us, after Ontario paid them to take it from us.

911 Rod

I liked his line about he is not paid commission, just loves his job!

Pags993

^^ balony

Adamant1971

Most likely, just another hand in your wallet.

911 Rod

Claims to be owned by Shell Energy North America.

Brian 162

You may get a break on the rate but you still have to pay the delivery charge, green energy charge etc. Those rates are fixed and non negotiable.

911 Rod

For sure it will be a small amount of savings, maybe a few cents per kwh, but it will help in the beer and wing fund.

Brian 162

That means you are buying on Monday??😭

Imo000

Is it worth the hassle?

JimV8

It's really just about averaging. If you are a very large consumer of electricity you get a break. That's the case for Ford in Oakville, GM in Oshawa and Honda in Allison. If you contract to a bulk buy then you can get a huge break on consumption. Resellers operate the same way and buy forward a contract which they parcel up to folks such as in the OP. Sometimes it works sometimes it doesn't.

JenniferS

Answer: Nope it's not a scam. I love it. Been on since 2016. Last year my average was 7 cents/kwh. My last bill was 6.1 cents/kwh. No other bills. No other fees. Cancel anytime. No penalties ever. It's truly legit. Message me if you have questions.

Dman.

you should have stuck around man! You’d already be retired !