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View Full Version : Anyone get out of an OESC contract?


zoolander
Feb 3rd, 2009, 02:45 PM
http://www.oesc.ca/index.taf?t=1&n=86&lg=&_UserReference=38B7A215B26EE23F49889C52
A colleague was complaining his electricity plus water bill last month was $320 (1200kW, OESC) whereas mine was $130 (900kW, HydroOne).
He has been with them for 3 years and wants out as he is being raped for $0.098 kWh plus higher delivery fee, etc. OESC wants a $500 contract buyout. He has 2 years left and by his calculation would recoup that $500 in 9 months.

Are his calculations correct ie; will the market price of hydro be stable in the next year, not get too much higher?
Is there any other way he can get out without the $500 buyout?