The company you are inquiring about is a Natural Gas Retailer which sells natural gas under direct purchase agreements. As a result of deregulation of the natural gas market, consumer's may choose who they purchase their natural gas from. Consumer's may purchase their natural gas from a licensed gas retailer or you may choose to remain with your local utility.
Savings are said to be a % of your GAS BILL, but they do not include delivery and other related costs. Your natural gas bill is generally composed of four parts. A fixed monthly charge, transporation to utility, delivery charge and a gas supply charge. Total transportation charges on average account for 50% of the total gas bill. Consumers should be aware that delivery and other related costs are subject to price increases at any time and are not included in the guaranteed or fixed price being offered by many wholesalers.
The Better Business Bureau offers the following tips:
1. Do not be rushed into making a decision
2. Compare offers from other companies competeing to sell you gas.
3. Read and fully understand the terms and conditions of any contract before signing and assuming obligation. Contracts can bind you or 5-10 years and gas prices may fluctuate during that time.
4. Keep a copy of any agreement or contract for your records.
For a list of licensed retailers or if you have any further questions regarding natural gas deregulation you may contact the Ontario Energy Board at 1-877-632-2727 or you can view their website at www.oeb.gov.on.ca