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Alberta Energy Providers > Spot Power

Exploring the Spot Power Rates in Your Area

Depending on where you live in Alberta, you may have the opportunity to select a plan from Spot Power, the self-proclaimed first privately owned boutique retailer of electricity serving Albertans. The company itself has actually been around for some time, tracing its roots back to the 1970s. Today, choosing a Spot Power service plan means selecting one of three rate structures – each with its own perks and rates.

If you're in the market for a new energy plan, it may be worth your while to see how Spot Power rates stack up to the competition.

Choosing a Spot Power electricity plan

Whenever you're considering choosing an energy plan from a new marketer, it's important to do your homework before getting started. Not only are there differences between marketers themselves, there are even differences among the plans each marketer has to offer.

Shopping for a Spot Power service plan is no different. While every Spot Power electricity plan comes with the same guarantees of not having exit fees or switching fees should you ever choose to go with another marketer, there are several plans to choose from. Each of these plans carries with it a different set of Spot Power rates.

Knowing what to look for in a Spot Power electricity plan

The first thing you need to figure out when comparing the Spot Power electric supply options is which type of rate structure fits your needs best. There are three Spot Power electric supply plans, each with a rate structure that differs from the others: the Interest Plus plan, the stable-rate plan and the floating-rate plan.

Both the Interest Plus plan and the stable-rate plan could be characterized as having secured rates, meaning no matter what happens in the energy market as a whole, your Spot Power rates will remain the same for each kilowatt hour of electricity you consume until your agreement's end.

Floating rates in contrast are dictated in part by market conditions. If overall energy costs are up, the price you'll pay for your Spot Power electricity supply will go up. The advantage of choosing one of these plans is that if energy prices go down, your Spot Power rates may go down as well!

Looking for Spot Power business solutions?

Unlike some competitive retailers in Alberta, both residents and businesses can choose a plan from Spot Power. Commercial customers often have the opportunity to do more negotiating when it comes to the price they're willing to pay for electricity. When you begin inquiring about Spot Power commercial rates, you'll have to answer a few basic questions about your business. With some energy companies, the larger your consumption patterns are, the more negotiating room you'll have. When it comes time to look over the Spot Power commercial rates you're given, remember that some retailers allow for negotiation.

If you're ready to begin the process of find out what opportunities Spot Power business solutions can present for your company, all you have to do is request a quote, and remember to stand your ground. The Alberta energy market was deregulated for the benefit of residents and businesses alike. Make the most of it today!

Making the most of Alberta energy deregulation

While there aren't any Spot Power gas products available, the natural gas market was the first to be deregulated in Alberta. After the success of the model in the gas market, deregulation was expanded to the electricity market in 1996, which eventually led to creation of many competitive retailers including Spot Power service.

In order to make the most of Alberta's energy system, you have to take advantage of your power to choose an energy supplier. Of all the things to remember during that process, it's most important to do a fair comparison of the plans and rates you're presented with before making a decision.

AlbertaEnergyProviders.com presents visitors with easy to access tools and information on how best to navigate the energy markets in Alberta. It doesn't matter if you're shopping for a new plan for your supply of electricity, natural gas or both, we've outlined the important information to know about most of the major players in Alberta – from competitive marketers to utilities.

Taking your time to thoroughly compare your options before making a decision is the best way to get the energy plan you've been looking for!

Updated: 7-17-2015

Sources:
https://www.spotpower.net/yourchoice.html
https://www.spotpower.net/whoweare.html