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Questions:
1. A small business located in Edmonton, postal code T5J 1L6, that consumes the average amount of utilities for a similar business wants you to research retail options for electricity. Which retailer would you recommend to minimize costs?
2. Provide the small business owner with a breakdown of the estimated bill, and explain each component.
3. A residential customer (with average utilities consumption) located next door (postal code TSJ 1L6) also wants a recommendation but is concerned about volatile electricity rates and wants at least a one-year fixed term. Which retailer and which plan would you recommend and why?
4. What would be the costs (and benefits) if the residential customer bought both electricity and natural gas from a retailer (a bundled product). Do you recommend this option? Justify your answer.
5. In addition to the choice of retailer and plan, make some recommendations to the residential customer reduce their electricity and natural gas bills.
This document contains various important questions and their appropriate answers in the subject field of Economics.
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