Reliant:
May 2008: 15.2c/KWh. Oil price: ~$121/barrel Gas price: $91
June 2009: 18c/KWh Oil price: ~$61/barrel Gas price: $3.4
Switch to Stream:
Oct 2009: 12.5c/KWh Oil price: ~$67/barrel Gas price: $3.8
Dec 2010: 11.5c/KWh Oil price: ~$87/barrel Gas price: $3.3
Jan 2020: [UPDATE] 14.1c/KWh Oil price: $59/barrel Gas price: $2.2
Notice:
- How Oil price and what I was paying on the same company had little to do with each other! In Reliant, price of oil went down by half while price of my electricity went up 20%. In Stream actually with oil prices rising, I pay less today than a year ago.
- The savings by switching company. Even with higher oil prices I got way cheaper price.
- The KWh prices were obtained directly from the bills value. The fix/government stuff was not included by even Reliants look a bit bigger than Stream's (both about $10)
- Oil price may not be that significant on this study, though, as 62% of Reliant's source was natural gas. The funny part is that Stream's plan is green, which is supposed to be more expensive!
Sources:
Oil and gas prices: https://www.bloomberg.com/energy
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