Dilla
Senior Member
I had one of the guys from this company knock on my door last week and presented me with a 5 year cotnract on electricity where the rates for smart meter electricy would be slightly lower than the governments are now, and would not increase for the duration of the contract. As their rates are lower than than Toronto Hydro's current ones, and since rates are set to go up significantly, I figured maybe it wouldn't be a bad deal. I also knew they had to call back in 10 days to confirm, so I'd do some research and see what's up - I'm also not a total tool, and I know somewhere in the order of 100% of these door to door guys are selling scams.
Well, the research I did came up with a lot of complaints about their sales force misrepresenting themselves (most from a couple of years ago). There wasn't a whole lot of complaints about paying huge bills (although there were some)
At any rate, I just got the call and when I asked how much it would cost to cancel the contract the caller on the other end said "why would you want to do that?". I replied maybe I'd be unhappy and want to, just tell me what it would cost. He then gave a hopelessly vague answer. I said I'm not 100% comfortable with this situation, and he then told me he needed a decision. Well, that was it. I know when I'm being pressured into a sale, and that means it's time to get the hell out of dodge. I said "no, then". He asked if I thought I was making an informed decision, to which I replied "yes". This wasn't true, but I didn't want to give him an in to pressure me more.
Between the old "if it sounds too good to be true, it probably is" and the pressure tactics of the man on the phone, I think I probably just got out of a 5 year headache. However, as hydro prices are set to go up 46% in the next 5 years, and there didn't seem to be any hidden charges, could I have missed out on a deal?
Well, the research I did came up with a lot of complaints about their sales force misrepresenting themselves (most from a couple of years ago). There wasn't a whole lot of complaints about paying huge bills (although there were some)
At any rate, I just got the call and when I asked how much it would cost to cancel the contract the caller on the other end said "why would you want to do that?". I replied maybe I'd be unhappy and want to, just tell me what it would cost. He then gave a hopelessly vague answer. I said I'm not 100% comfortable with this situation, and he then told me he needed a decision. Well, that was it. I know when I'm being pressured into a sale, and that means it's time to get the hell out of dodge. I said "no, then". He asked if I thought I was making an informed decision, to which I replied "yes". This wasn't true, but I didn't want to give him an in to pressure me more.
Between the old "if it sounds too good to be true, it probably is" and the pressure tactics of the man on the phone, I think I probably just got out of a 5 year headache. However, as hydro prices are set to go up 46% in the next 5 years, and there didn't seem to be any hidden charges, could I have missed out on a deal?
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