While ATCO has exited the retail energy and gas market within the last few years, choosing instead to act as a distributor and wire service company for Direct Energy, ATCO still generates and delivers electricity to large businesses and industries through its ATCO Power division.
ATCO Power’s customers currently include manufacturing companies, retail and franchise chains, hotels, construction companies, educational and municipal facilities, hospitals, energy companies and companies in the petrochemical and oil services industries.
ATCO Power offers its customers packages that aim to manage electricity costs and minimize the financial fallout of volatility in the electricity market. Some of its current offerings include:
Load Following Product: A load following plan is a low-risk plan that provides a fixed price for the entirety of your electricity usage within pre-specified high and low limits of usage. Customers pre-purchase large hedged volumes of energy in order to avoid spot market fluctuations.
Structured Block: A block pricing plan that provides power at a fixed rate for pre-defined hourly volumes of consumption based upon the customer’s historical needs. Excess consumption is billed at the current Power Pool price, and unused energy is sold back, with the customer being credited at the Power Pool rate.
Pool Price Flow Through: For customers who have difficult to predict consumption needs, 100 percent of their electricity usage is provided at the current spot market valuation.
ATCO also has specialized on-site generation services for businesses in industries including meat processing, mining, drilling and those that need to subsidize currently existing renewable energy sources they rely on:
Temporary Power: ATCO Power can deploy mobile onsite energy generation facilities for operations in remote areas where access to the power grid is unavailable, such as construction camps with frequently shifting drill sites.
Permanent Power: For businesses whose bases of operation don’t change location, but who have a need for on-site power or steam generation services, or for long-term campsites serving remote developments.