Canadian customers can take advantage of Good Energy’s electricity (hydro) and natural gas procurement services.
Natural Gas procurement services are offered in Quebec, Ontario, British Columbia, and Alberta. Electricity (Hydro)
procurement services are offered in Ontario and Alberta. Energy prices have been the lowest since 2002. Locking
in rates or having a hedging strategy creates a safe plan for budget certainty that will ensure protection against
future volatility for your company.
As you can see from the chart below, there are many factors that affect energy prices. These are evident by the
spikes and dips outlined in the chart of the last 10 years. Weather, Geopolitical Pressures, Natural Disasters,
and economic downturns all are contributing factors that make up energy prices. Good Energy commodity consultants
can identify these factors and offer the best solutions for your company.
The following is taken from the Canada National Energy Board explaining energy deregulation:
Inter-provincial and Canada-U.S. trade may have more influence in setting local prices in a restructured market
than in the traditional market structure, since regions which have relatively high electricity costs will now be
able to gain access to lower cost electricity from other regions. Increased trade is facilitated by open access
to transmission systems.
Restructuring of the electricity industry has been underway around the world for the past 10 to 15 years.
In Australia, New Zealand and the United Kingdom, government-owned monopolies were unbundled. In the U.S.,
unbundling has been pursued in a number of jurisdictions, including California, New York, New England, Texas
and Washington. (Source: Canadian National Energy Board)