DISCOUNT ADVANTAGE RATE - 2 YEARS
7.25¢
Put down the deposit yourself, unlock the lower rate, and earn 3% annual interest on it while it sits with us.
DISCOUNT ADVANTAGE
A deposit that pays you back.
A prudential is just a refundable security deposit. Put one down yourself, and Tassa gives you a lower energy rate plus 3% annual interest.
HOW IT COMPARES
Here's the trade, in plain English.
Discount Advantage lowers your electricity and natural gas rate when you provide a prudential - a refundable security deposit - yourself instead of having Tassa cover it for you. Tassa currently pays 3% annual interest on that deposit, so your money keeps working for you while you enjoy the lower rate.
BASE RATE - 2 YEARS
7.75¢
Prefer not to put down a deposit? No problem - Tassa covers it for you, and you simply pay our Base Rate instead.
HOW IT WORKS
Three easy steps.
1
Put down the prudential
How much depends on your service and how much energy you use each year - see the typical amounts below.
2
Get the lower rate
Think of it this way: someone has to cover that upfront cost. If you do it, you get rewarded with a lower rate instead of Tassa building that cost into the price.
3
Earn interest
Your deposit earns 3% interest per year, credited right to your Tassa account. It's working for you, not just sitting there.
CURRENT RATES
Discount Advantage Rates
Provide the applicable prudential yourself to access these lower rates.
| Energy | Term / Type | Discount Advantage | Base Rate |
|---|---|---|---|
| Electricity | 1 Year Fixed | 7.95¢/kWh | 8.45¢/kWh |
| Electricity | 2 Year Fixed | 7.25¢/kWh | 7.75¢/kWh |
| Electricity | 3 Year Fixed | 8.95¢/kWh | 9.45¢/kWh |
Electricity | 5 Year Fixed | 9.95¢/kWh | 10.45¢/kWh |
| Natural Gas | Fixed | $3.60/GJ | $3.99/GJ |
| Natural Gas | Variable Transaction Fee | $0.59/GJ | $0.79/GJ |
Variable natural gas transaction fees are added to the applicable wholesale market price.
PRUDENTIAL TIERS
What might I need to provide?
How much you’ll need depends on your usage. Here’s the quick version - your enrollment terms will confirm the exact amount.
Electricity under 7,000 kWh/year (small home or appartment)$100
Electricity 7,000–14,000 kWh/year (larger homes)$200
Electricity over 14,000 kWh/year 2 months of invoices
Natural gas under 200 GJ/year (most homes and appartments)$100
Natural gas over 200 GJ/year2 months of invoices
QUICK ANSWERS
A few things worth knowing.
Is the prudential refundable?
Yes - it's your money. You get it back when your service ends, as long as your account is in good standing.
How is interest handled?
It's calculated automatically and credited straight to your Tassa account - no extra paperwork on your end.
Can the required amount change?
It can, yes. If your actual usage ends up higher or lower than expected, the required amount can adjust to match.
Ready to put your deposit to work?
Choose a Discount Advantage Rate during signup — it takes about a minute.