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Old 12-14-2022, 11:29 AM   #13
Descant
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Originally Posted by Merrymeeting View Post
I understand John. But there doesn't seem to be any risk. Lock in the lowest price you can for as long as you can, and if the prices go down, cancel without penalty and pick another supplier. I'm still not seeing the downside, but my gut tells me it's there somewhere.
No cancellation penalty, but I thought I saw that some of the offers included a front load to "cover the cost of getting you into our billing system" or some such. Which energy prices have you seen go down in the last few quarters that lead you to think there will be substantial drops in the future? Maybe if there's major change of direction in Washington DC, but that's years away, and companies who build related facilities won't be quick to invest in new plants if there's no assurance that they can't run for 20-30 years to get their money back.
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