Unpredictable electricity prices or one stable price for the next 5 years?
The choice is yours. Choose from our Green Fixed Price Plan or the Green Open Flex Plan.
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The Green Fixed Electricity Price Protection Plan offers a 5-year fixed price. Guaranteed. |
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Sign up for the Green Fixed Price Electricity Plan and avoid potential electricity price changes
Protecting your household against potential electricity price increases is always a good decision and it makes sense to secure a good plan for your home today. Direct Energy can help you manage your electricity cost by choosing one of our Green Electricity Price Plans.
Sign up now and you can secure your electricity price for the next 5 years - with no tiered pricing! And even better:
- Budgeting is easier because you'll know exactly what price you're going to pay
- You'll eliminate the risk of potential price changes and benefit from a secure price for your electricity usage
- There's no cost to enrol
- Signing up is easy and convenient, with no disruption to your electricity delivery
Join over 400,000 Ontarians who have already chosen Direct Energy as their electricity supplier.
- document for the 5-Year Green Fixed electricity plan (PDF)
Flexible plan that gives you the ability to float with the electricity market prices and switch to a stable green price energy plan at a time that works for you.1
Concerned about what's going into our environment? So are we. That's why we're pleased to offer you our Green Open Flex Plan. By choosing this Plan you'll feel good knowing you're doing your part to reduce the contaminates and other pollutants clogging our air.
Why choose the 5 Year Green Open Flex Plan?
- With this plan, Direct Energy purchases renewable energy credits from across Canada. In fact, for each residential customer we purchase and retire credits representing 100% (9,000 kWh) of the amount of energy that the average residential customer uses annually
- Switching is easy with no interruption to your service
Without a protection plan, you may be spending a lot more than realize. What do you think will happen to electricity prices in the next 5 years?
How your green plan works
With the Green Electricity plan, every year of the plan, Direct Energy will purchase certified renewable energy credits ("RECs") on your behalf representing 9,000 kWh of consumption for our residential customers or 27,350 kWh of consumption for our commercial customers. You will continue to receive your electricity supply from Ontario's electricity grid but will be supporting renewable electricity generation. Being "Green" with Direct Energy means that the plan you are on helps you to off-set some of the greenhouse gas emissions associated with your consumption of electricity.
What are RECs?
A renewable energy credit ("REC") represents the environmental, social and technical attributes of 1,000 kilowatt-hours (or 1 MWh) of electricity generated from certified renewable resources. The electricity generated by renewable energy sources is sold into the electricial grid while the environmental attributes (the RECs) are aplit off and sold separately. Direct Energy has purchased those RECs for the purpose of including them with our Green Plan so that you can take the benefit.
Does this mean I will be getting a different kind of electricity?
No. Your electricity is the same electricity commodity whether or not you enroll in the Green Power Plan. You will be consuming electricity from Ontario's electricity grid, which contains electricity generated by various sources. However, the RECs purchased by Direct Energy for your Plan represent the renewable electricity that has been supplied to the grid to cover your consumption (up to an annual limit of 9,000 kWh for our residential customers and 27,350 kWh for our commercial customers).
What does it mean for a REC to be certified?
We purchase our RECs from electricity generators that have been certified by an independent federal government program which was launched in 1988 and is now managed by TerraChoice Environmental Marketing Inc., which certifies the environmental quality of a broad range of product categories according to strict requirements that limit those products' environmental impacts and air emissions. Although the RECs we purchase are certified by TerraChoice Environmental Marketing Inc. under the Certification Criteria Document CCD-003, the Green Electricity Plan itself has not been certified.
