You know I’m a big basketball fan and when the NBA decided to have a basketball team in Toronto back in 1995 I watched the first basket scored by Damon Stoudamire. It had been 15 years since the Toronto Raptors started playing NBA basketball and as I recall before leaving Toronto for 2 months (December 2009) before leaving to Thailand. I was watching my last Raptors game before my trip and I didn’t see any Just Energy logo or recall the commentators mention anything about Just Energy during the Raptors game.

Now I am back from my 2 months trip and watching the Raptors game the night before. I notice at the end of the game there is this new segment called “Toronto Raptors Just Energy Player of the Game”. My first reaction was, WTF are they up to?!?

The short answer is NO if you sign up with Just Energy, over 98% will not save money according to statistics on the Citizens Utility Board’s website.

Here’s the actual statistics dating back to 2004-2009 on how much money people lost while paying for their fix gas rate with an energy company called Just Energy, formerly U.S. Energy Savings Corp. People who sign long term contract for fix gas rate lost anywhere from $10 USD to more than $3000 USD with Just Energy 1 -5 years fix rate gas contract. See the full report here.

“Overall, 98 percent of Illinois consumers who have signed up with U.S. Energy Savings (Now operated as Just Energy also operate in Canada as Ontario Energy Savings Corp, Alberta Energy Savings L.P, Energy Savings Group, Universal Energy Group Ltd., Universal Power, National Home Services, Newton Home Comfort) have lost money, with an average loss of $780 to date, CUB concludes.” Read it here.

Check out this article by TheStar.com