Choosing the right electricity supply provider
Electricity is something we all need and use on a daily basis. Considering its importance in our lives, it makes sense to choose an electricity supply provider carefully!
We all need electricity, but the truth is we don’t all pay the same rates for it – or receive the same level of service from our providers. So how do you go about finding the right company?
It’s important to actually understand what it is you’re buying. Yes, on a basic level it’s electricity – but there’s more to it than that. Electricity is measured in kilowatt hours (kWh), which is a measure of electrical energy equivalent to a power consumption of one thousand watts for one hour.
On your bill, your consumption will be measured in kWh. All electricity supply providersin Ontario have their rate per kWh, and this electricity supply ratecan vary depending on the time of day, e.g. peak and off peak.
HOEP stands for Hourly Ontario Energy Price, and it is the real-time market administered price by the IESO; it is sometimes referred to as the ‘wholesale commodity price’. Unless they’ve entered into a retail contract, all large electricity consumers pay HOEP, as do local distribution companies (LDCs). This means that any local electricity supply provider you’re likely to use is paying HOEP for the electricity, and then passing it on to you at a rate – the question is, how much?
As an LDC, ReliaBILL Electricity receives electricity at HOEP, however unlike most companies we pass this rate on to our customers with either a one cent per kilowatt hour mark-up or a low monthly fee – making our electricity supply rates very affordable.
When it comes to selecting an electricity supply provider, the key is to find one that meets your individual requirements – after all, everyone uses electricity differently. For example, you may be someone who prefers to run the air conditioner at a below average temperature in summer to keep cool, perhaps you run a store with multiple commercial fridges… or maybe you spend much of your life on the road for work and use very little electricity at home!
Here at ReliaBILLElectricity, we have a range of options available to suit varying needs – and we serve both residential and commercial customers. We’ve made it our mission to provide affordable electricity supplyrates to our customers; in fact, we offer one of the best electricity supply rates in Ontario.
Platinum Membership PlanTM
Our Platinum Membership Plan is the perfect option for any customers who are looking to get the Hourly Ontario Energy Price (HOEP) for their monthly electricity supply rate, by paying a simple membership fee of $9.99 per month for a five-year term, $10.99 for a three-year term or $11.99 for a one-year term.
Previously, HOEP was only available to large-scale companies – not residential electricity users. We’re proud to bring our customers competitive billing that is usually only accessible to big businesses. Our Platinum Membership Planis available to customers who use an annual consumption of less than 24,000 kWh.
This plan has no administration fee or cancellation fee; we believe affordable electricity supply rates and excellent service is what should keep customers on board, not locked-in contracts!
Wholesale Power Price PlanTM
Our Wholesale Power Price Planallows customers to pay just one cent above the HOEP for your monthly electricity supply usage. We’re proud to provide our wholesale customers with the opportunity to pay only a fraction above the HOEP.
With one, three and five year terms available, you can enjoy HOEP rates, plus just one extra cent per kilowatt hour, without having to worry about the inflexible, fixed Time-of-Use rates for electricity supply.
As always, there are no administration fees and no cancellation fees.
Good customer service is valued in many professions, and with electricity supply providers there should be no exception! A company that treats its customers well and genuinely cares gives you confidence that you are receiving a fair service.
In the case of energy companies, reliability and transparency is a big part of delivering good customer service.
ReliaBILLElectricity’scustomer service, product delivery and business solutions make us the top alternative electricity supplier in Sudbury and other cities across Ontario. It’s never been easier to switch, and with no cancellation fees the only thing we have to keep you on board is our great electricity supply rates and excellent service!
Why pay more when you can pay less? For great electricity supply rates, contact ReliaBILL® Electricity today by calling 1-866-251-5116.