The average electricity bill in Calgary is going up. Over the past few months, you may have noticed that electricity rates have risen when compared to several years ago. Kilowatt-hour costs are going to have a major impact on your business, so what should you do to ensure that this unexpected cost doesn’t turn into a major shock?
Look Into Fixed Rates
Since 2019, the Albertan government removed the electricity price cap from 2017. This caused the bills of many consumers to spike dramatically throughout 2019. This continues to be an ongoing trend in 2021, especially during sweltering heatwaves or bitter polar vortexes. Despite efforts to stabilize Alberta energy prices, these natural occurrences are one of the many reasons why it’s difficult to predict what electricity bills will look like in the coming months.
When prices become unpredictable, consumers should look towards fixed rates with their energy providers. This will, at the very least, provide some stability and consistency with your electricity bills. You will always know what to expect when your monthly bill comes in even when the unexpected hits.
Insure Your Costs
Think of fixed rates as a form of insurance for the future. Though you may pay a slightly higher rate compared to a variable plan, you will always have the peace of mind that nothing unexpected will disrupt your business’s expenses. Fixed rates will be your best friend when it comes to stability.
We've Got Your Back
Our 100% risk-free audit can help you find out if a fixed rate plan would be best for your business. Our specialized services will also help you find the best prices so that you don’t have to do the heavy lifting. Lower bills and better insurance.
What more could you ask for?
#business #love #success #entrepreneur #calgary #yyc #yycbusiness #calgarybusiness #costmanagement #expensemanagement #savings #utilities