Our Mission
At Carmal Energy, we have been dedicated to delivering affordable self-retail, reporting and advisory services to large industrial consumers in Alberta. More recently, we launched Carmal Energy Partners - our full retail service brand focused exclusively on the unique needs of multisite Oil and Gas customers.
Our comprehensive services aim to optimize their operations and assist customers in managing their total delivered electricity costs.​ The Carmal Energy team consists of highly trained and knowledgeable industry professionals with more than 100 years of experience in the Alberta electricity market.
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Our Services
Portfolio and Asset Management
Electricity commodity pricing in Alberta changes hourly and can be extremely volatile. The continued evolution of the generation asset mix with significant increase in intermittent renewable resources increase this daily variance in pricing.
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Controlling and managing electricity costs requires knowledge of how your operations can impact your bottom line. The solutions can range from changes to operations, equipment, or structured financial products that can stabilize your price.
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Operational Support
​Many clients, such as Oil & Gas, typically have large number of sites which requires care and attention in several ways:​
• Site level tariff and contract review
• Facilitation of new service connections, upgrades, idle services, and contract buydowns
• Interact with head office, field personal and electrical consultants as required
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Many larger customers have interruptible load assets or on-site generation that can participate in Ancillary Services markets or unique tariffs such as Demand Opportuntity Service.
Market & Regulatory Monitoring
Proposed changes to the electricity market design, transmission and distribution tariffs will continue to impact costs moving forward. As well, recent and continued policy changes by the Alberta Government that impact supply and demand dynamics in Alberta are monitored.​
We keep our customers informed of changes that impact your business and offer strategies to mitigate or take advantage of the market or tariff changes.
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Custom Reporting & Bill Verification
Timely and accurate reporting on usage profiles, market pricing, and delivery costs are essential components to audit, verify and highlight opportunities with respect to total electricity costs.
Our team can provide several different and customized reports including Monthly Dashboard, Site Level Detail, Account Review, Accruals, and Budgeting.
Carmal Energy Partners
Introducing Carmal Energy Partners, our full service retail solution focused on the Oil & Gas Market and their unique requirements. Leveraging the experience of our team and an investment grade credit facility, our retail solution for multi-site resource companies ensures our clients can focus on core business -- developing the world class oil and gas reserves available in Alberta.
Our Clients
Resources
Our Trusted Partners
We have the privilege of working with some of the best in class Alberta companies that provide credit and pricing support, billing & settlement, and market analytics.
Get in Touch
Please fee free to reach out to any member of our team. We will be delighted to assist you.