When it comes to managing utility costs for your Calgary condo corporation, locking in a fixed or variable rate agreement for electricity and natural gas is often better than relying on the regulated rate.
At Key Condo, we make it our priority to secure the best utility rates for our clients. During the onboarding process, we take the time to identify the expiry dates of your current electricity and natural gas contracts. With our advanced tracking and abeyance ticket system, your condo manager is alerted six months before any contract expires, ensuring there’s ample time to start shopping for new rates.
We work closely with a trusted utility broker who continuously monitors market trends. This broker, who offers their services at no cost to your condo corporation, is dedicated to finding the optimal moment to lock in rates for the next three to five years. By leveraging the broker's expertise and timing, we consistently help condos secure the best long-term utility rates, which contributes to financial stability and peace of mind for your board and residents.
Starting the search for a new utility contract six months before your current one expires—and following the broker’s guidance on when to lock in rates—ensures that your condo’s treasurer won’t be caught off guard by sudden increases in utility expenses. This proactive approach is just one of the ways Key Condo helps you manage costs efficiently.
Insightful!