Amber Electric

[zeke.damien]

hey guys, i just signed up to Amber electric, its supposed to boast wholesale electricity prices and the price fluctuates based on every half an hour from what i can see
do you guys know of this company, should i cancel the sign up (in the cooling off period still)


i mean on the app it appears the current price for my area is 21c and in about an hour it goes down to 18c which is a far cry from the 40c+ agl is charging me

any thoughts would be appreciated

[george65]

Whats the maximum it can go up to and when?

I have read of other companies with this pricing model and while they look good with the low rates they offer, the high end can be frequent and expensive.
They tend to be like Solar Feed in rates. The higher the FIT, the more they charge you for what you buy to even it back out and keep their profits up.