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Old 07-09-2008, 06:52 AM   #4
Full time employment: Posting here.
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Join Date: Mar 2005
Posts: 876
From your other thread you said you pay $300/month. At 18.7 cents/kwhr, that's about 1600 kwhr/month. A savings of 3.7 cents (by locking in the 15 cent rate) would save you about $59/month. If gas prices stay high, you would save $700/yr. It would only take 2 months to recoup your $100 cancellation fee. Gas prices would have to drop below 15 cents before you'd be a loser by locking. I'd lock in asap if I were you.
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