This page does not tell you which plan to choose. It gives a structured way to think before signing a contract or switching supply options.
Always check whether fixed or variable retail options actually exist in your province and whether the offer applies to electricity, natural gas, or both.
Predictability
How much does your household need stable monthly planning?
Volatility
How comfortable are you with energy prices moving up or down?
Cash-flow buffer
Could you handle a higher bill without stress?
Monitoring
Will you check rates, renewal dates, and contract notices?
Exit rules
Can you leave if the plan no longer fits?
Total bill
A fixed supply rate does not freeze delivery, taxes, or usage.
Why risk tolerance matters
A variable rate can look attractive during a low-price period and painful during a high-price period. A fixed rate can feel safe, but may be less attractive if market prices fall.
The right decision depends on the household’s budget, patience, monitoring habits, and local energy rules.
Use this before signing
Use the scorecard, then read the actual contract. Check term length, cancellation fees, renewal process, whether the rate applies only to the energy portion, and how delivery charges are handled.
Contract risk checklist
- Confirm plan choice is available in your province.
- Compare total bill, not just the energy rate.
- Read early exit rules.
- Check renewal and automatic renewal language.
- Ask what happens if you move.
- Check whether delivery charges remain separate.
- Set a calendar reminder before the term ends.
Fixed vs variable risk scorecard
This scorecard is not financial advice. It helps you think about whether predictability or price flexibility matters more to your household.
Related WRS educational sites
For broader home-cost context, see Property Costs Explained. For repair and replacement planning, see Repair Costs Explained. These are separate WRS educational sites and should be used only where their topics are relevant.
FAQ
Is this scorecard a recommendation?
No. It is a planning aid that helps you think about risk tolerance before comparing official offers.
Can a fixed rate still produce a changing bill?
Yes. Usage, delivery, taxes, and other charges can still change.
Should variable rates be avoided?
Not always. They may suit some households, but only if the household understands the risk and local rules.