In which I provide a pricing update for March and looking towards April, and a rundown of the success and struggles of the last month.
Most of this past month has been spent working on getting more generation online. But I’m discovering that many of those projects will have much poorer returns than I’d initially hoped for due to high (only now confirmed) installation costs.
Pricing Update
Normally I would speak to March prices, but I’ve just set my April (this afternoon) so those are probably more helpful.
The floating prices has been very low for both power and gas over the last month, so fixed power rates have started to come down (some as much as 1 ¢/kWh over the last two months), but fixed gas prices are bascically flat.
Personally, I’m still a fan of floating prices for both power and gas.
Our pricing for April:
| Term | Electricity | Trend | Natural Gas | Trend |
|---|---|---|---|---|
| Floating1 | ~4.5 ¢/kWh | ~$2.58/GJ | ||
| 1 year Fixed | 7.39 ¢/kWh | $3.79/GJ | ||
| 2 year Fixed | 7.89 ¢/kWh | $3.89/GJ | ||
| 3 year Fixed | 8.49 ¢/kWh | $3.99/GJ | ||
| 5 year Fixed | 8.69 ¢/kWh | $3.99/GJ |
I’m also excited to see our “high” solar rate jump up to 35 ¢/kWh!
Read the rest, including my progress on retailing, generation, and KPI’s.
I’m grateful for your help in growing the Strathcona Power. If you live in Alberta, please sign up for electricity and natural gas, or send me your bill (to William@StrathconaPower.ca) and I can run a bill comparison. If you’ve already signed up, tell a friend!
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This is approximate March retail pricing. Floating prices can and do change month to month, and vary slightly between wire areas. ↩