The structure of a member owned co-operative, like Crossroads Gas, is very different from investor owned companies. We are a non-profit and its essential that we pass the “actual” market cost of natural gas directly on to our members. We don’t speculate future pricing, we don’t build profit margins into our rates and we don’t add risk to our purchasing. This is incompatible with the co-operative goal of providing transparent and cost effective natural gas.
When comparing fixed vs floating price options for natural gas it’s important to note that fixed prices have rarely been the most economical option over time. Fixed prices may become more competitive than market rates in the short term, but this trend typically reverses very quickly. In the chart below you will see the actual cost of gas, which is what our members are paying, compared to what the other retailers such as ATCO, Encor and Enmax are charging their customers on a 5 year fixed rate.
