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Archives for January 2016

How To Get A Cheaper Electricity & Natural Gas Bill In Alberta

parkpower · 14 January 2016 · Leave a Comment Consumer Info, Electricity, Interesting, Uncategorized

How can you get a cheaper electricity & natural gas bill in Alberta?

Make a Better Choice and choose Park Power as your energy provider.  We can help you take advantage of the record low electricity prices in Alberta right now and help save you money.

Some consumers in Alberta might wonder how its possible that we can reduce our fixed electricity rates in Alberta by 10% heading into 2016 (from 6.3 ¢/kWh to 5.8 ¢/kWh).  Some will wonder why their Dec 2015 Regulated Rate Option (RRO) Rate was 5.3 ¢/kWh when Park Power’s Floating Rate was 3.6 ¢/kWh (32% less).

Park Power is a smaller, more nimble energy provider than our big corporate competitors. As such we are able to take advantage of the low wholesale power market prices more quickly than the cumbersome, traditional utility companies and pass the savings onto you.

Are there really savings to be had?  Well if you look at latest power market data below you will see that the average wholesale price for 2015 was $30.50/MW, the lowest yearly average settle price for electricity in Alberta since deregulation.  Have a look at what you are paying (¢/kWh) and compare to what you could be paying after you Sign Up with Park Power.

 

Power Market Stats

Overall, softening demand, added generating capacity, above normal temperatures, and relatively strong wind output resulted in historic low electricity prices in 2015.  Are you taking advantage of these consumer friendly market conditions? (for reference $33.34/MW works out to close to 3.6 ¢/kWh)

Customers can choose our low Floating Rate to take advantage of the savings offered right now and have peace of mind knowing that they can switch penalty free to one of our awesome and stable Fixed Rates should the wholesale market power price start to rise.  

Start 2016 off right by reducing your home utility costs while experiencing paperless billing, superior customer service, and profit sharing with local charities through our Community Partner Program.

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Park Power is an energy marketer for UtilityNET (Utility Network & Partners Inc.). Park Power operates under UtilityNET’s Electricity and Natural Gas Marketing Business License issued by Service Alberta, a Ministry of the Government of Alberta. You are free to purchase electricity and natural gas from the provider of your choice. The delivery of natural gas and electricity to you is not affected by your choice. If you change who you purchase natural gas or electricity from, you still receive natural gas and electricity via the distribution company in your service area. For a list of energy providers you may choose from, visit ucahelps.gov.ab.ca or call 310-4822 (toll-free in Alberta). Some offers, in whole or in part, may not be available in natural gas co-ops, municipally owned utilities, and some rural electrification associations. Copyright © 2025 Park Power Ltd.