Start-up businesses in Alberta have a unique assortment of needs, even when it comes to something seemingly simple, like choosing the electricity supplier that offers the cheapest rates. Finding the best deal isn’t just about finding the lowest rate. It also involves finding a rate plan that is compatible with the needs of the business—that offers flexibility where flexibility is needed, and price protection where price protection is needed.
Determining exactly what those needs are can be tough for anyone, but start-up businesses have it particularly rough.
Start-ups aren’t like established businesses. Even though they may represent a smaller scale of energy consumption—for now—they also haven’t been operating long enough for those needs to become clear. It can take years to figure out a business’s patterns of energy consumption—when it needs more, when it uses less, and when those high electricity demands are going to correspond with market spikes. And, of course, all of that is added pressure on top of all of the other financial challenges a business has to face in its start-up stage.
Not all start-ups make it through those initial stages, and every price break found can make all the difference, especially when that price break comes in the form of an electricity rate that compliments all of the business’s unique needs.
Fortunately, a lot of electricity suppliers create their plans with businesses in mind, so it just comes down to finding the right supplier to suit your business’s needs now, and into the future.
Here are a few energy suppliers that built their electricity plans with start-ups in mind:
Direct Energy Business Services supplies both natural gas and electricity to a broad customer base, including businesses of all sizes. In fact, Direct Energy has the third largest industrial and commercial customer base in North America.
ENMAX Energy also supplies natural gas and electricity to a broad customer base, but it caters plans specifically for the needs of small businesses. In addition, ENMAX tailors electricity plans for medium and large businesses as well, which means, as a company, it has the capacity to grow with your energy needs as your business grows.
Just Energy specializes in providing natural gas and electricity to companies throughout Alberta. In particular, Just Energy focuses on the needs of small and medium-sized businesses, but as your business grows, its subsidiary electricity company, Hudson Energy, can take over, supplying natural gas and electricity to mid- to large-sized businesses.
Before you can select the provider that is going to offer you the cheapest rate on electricity for your business, you need to know the features that are going to benefit your business most: flexible rates while you learn what your consumption is; stable rates so your energy bills are predictable and you are protected from market spikes; bundled plans that include natural gas, electricity, and maybe even some green energy options; etc. You need to pair with the supplier that offers industry-specific, or size-specific plans so your electricity supply will grow and adapt as your business evolves. Whatever your needs, there is an electricity supplier out there who can make it happen.
Visit us at EnergyRates.ca to find out more about how you can make sure your supplier’s rates are working for you.
