An update on July pricing and a look forward. Also and update on the business, including successes and setbacks (too many setbacks…).
For pricing, floating electricity came in last month at the lowest it’s been in a decade! Floating natural gas remains low as well. You’re on our floating rates, right?
The past month has seen signups hold steady, and one of my major goals for the coming month is to launch a second marketting campaign to push that up. Getting generation live is still stuck dealing with paperwork, although I have several promising financing leads.
Pricing Update
This section is general notes on electricity and natural gas pricing in Alberta, looking back at June and forward to July.
The floating prices continue to be very low for both power and gas, and so I remain a fan of both. Fixed pricing seems to have bottomed out (for now?) in light of data center annoucements1, and so if you want to sign up for a fixed gas prices for next winter, this might be a good time to do so.
Our pricing for July:
| Term | Electricity | Trend | Natural Gas | Trend |
|---|---|---|---|---|
| Floating2 | ~2.7 ¢/kWh | ~$2.65/GJ | ||
| 1 year Fixed | 6.99 ¢/kWh | $3.69/GJ | ||
| 2 year Fixed | 7.39 ¢/kWh | $3.89/GJ | ||
| 3 year Fixed | 8.19 ¢/kWh | $3.89/GJ | ||
| 5 year Fixed | 9.39 ¢/kWh | $3.89/GJ |
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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including a 932 MW center, with permits to expand to double that, in the Industrial Heartland northeast of Edmonton. By comparision, the total provincial electrical demand currently peaks at ~11,000 MW. ↩
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This is approximate June retail pricing. Floating prices can and do change month to month, and vary slightly between wire areas. ↩