The country’s businesses and consumers have been forced to accept higher electricity costs as a fact of life as Canada’s energy suppliers continue to raise rates. But there are ways to mitigate those costs. Active Business Services employs a team of expert consultants to work with companies on their energy requirements and related financial targets. Following an intensive research process, ABS will produce a comprehensive energy report for your business, including a recommended course of action.
Our analysts will study a business’s historical electricity consumption and load profile to develop and determine the most effective customized purchasing strategy that best mitigates risk to volatile market prices.
Businesses can use a number of products to manage their overall electricity costs, including load following, a fixed price solution that provides businesses with a set electricity price for a specific term. Working with Canada’s energy suppliers, the load following option helps protect businesses from market price volatility.
Under our market price solution, businesses pay a variable price for electricity that fluctuates on an hourly basis. Market pricing allows businesses to take advantage of price fluctuations to optimize costs based on hourly electricity consumption.
Our Block Products
Block products are another alternative solution that allows companies to implement a strategy that can reduce the risks of market volatility. Consumers who choose block solutions purchase a specific portion of their electricity usage at a fixed rate and the remaining portion is subject to market pricing. This can help businesses optimize their electricity costs through smart hedging strategies that are mapped to an organization’s electricity consumption.
The ABS team of experienced analysts will help companies select the most efficient block size tailored to a specific load profile and electricity consumption pattern. Depending on the nature of the business and its electricity usage, there are two commonly used blocks that will help optimize costs.
Base Load Block Product
The Base Load Block provides a select volume of electricity for a fixed rate covering 24-hours per day, seven days a week. This solution is suitable for businesses with electricity requirements for operations running on a 24-7 schedule.
On the other hand, the Peak Block option is intended for businesses operating during On-Peak hours (between 7:00 am and 11:00 pm), five days a week. This option is intended for those businesses that have electricity requirements with operations running during the day on a traditional Monday through Friday business schedule.
The energy specialists at Active Business Services can help you choose a payment solution that is targeted to your business. Most importantly, we can assist you in creating a cost efficient electricity purchase plan in the often-complex world of Canadian electricity pricing.