Since the deregulation of Alberta’s electricity and natural gas markets, there have been opportunities for profits to be made through the sale of energy to consumers, as well as an opportunity to help consumers save money on the energy they purchase.
Since the inception of our Energy Marketer program in 2009, UTILITYnet has helped many new competitive Energy Marketers enter into Alberta’s deregulated market. The program features a low-cost business model that offers a unique opportunity for those looking to create a new revenue stream either for themselves, or to fund community programs and infrastructure. It is now possible for entrepreneurs, cooperatives and municipalities to enter the electricity and natural gas market with low-risk and minimal cost.
While UTILITYnet is responsible for the turn-key operation of this business model, it relies on the Energy Marketer for the recruitment of customers, much like a sales organization, soliciting customers on behalf of and enrolled under UTILITYnet as the retailer of record.
Through this relationship, Energy Marketers have minimal operating requirements, and their role is primarily focused on marketing the program and recruiting new customers.
There is no software to install. Simply plug into this web-based automated service and be in business as a new Energy Marketer.
A typical timeline to launch is 45 to 60 days. UTILITYnet is responsible for the business set-up and ongoing operational requirements, including setting up a website (included in cost of entry fee).
All invoicing transactions are automated. Customers are provided access to an online digital filing system that stores current and all historical utility invoices.
Customers are given access to UTILITYnet’s “My Account” where they can manage every aspect of their account online including: banking, profile status, cancellation, rate changes, account transfer, and more.
Energy Marketers do not have to finance receivables nor payables. All customer invoices are issued based on a Pre- Authorized Deposit (PAD) agreement and payment protocols and all payables are managed under UTILITYnet’s license. The Energy Marketer is sent a monthly loyalty payment, based on the number of customers and aggregated consumption.
Most UTILITYnet Energy Marketers operate with little to no bad debt.
All systems development, server and database management, hardware, and online security protocols are developed and managed by UTILITYnet. The only ongoing cost charged to the Energy Marketer is the annual maintenance fee.