Home Energy Plans
FLOATING rate plan
With our Floating Rate Plan, your electricity and natural gas rates follow the market.
What's the Floating Rate Plan?
Unlike our Fixed Rate Plan, the Floating Rate Plan offers rates that adjust with the market. These rates can fluctuate based on factors like supply, demand, and weather. When market prices drop, you’ll enjoy lower rates and potential savings.
However, rates can also increase, especially during high-demand seasons like winter. Market rates for natural gas often rise in the winter due to increased heating demand, while electricity rates can spike in the summer when Albertans turn on their air conditioning.
Flexibility that fits your life
If you value flexibility and are comfortable with the possibility of fluctuating energy costs, the Floating Rate Plan could be a good fit. You’ll save when prices dip and have the freedom to switch plans when your needs change.
But flexibility is just the beginning. Here’s why Albertans trust ATCO Energy to power their homes:
Fair pricing
Competitive rates with no hidden fees, guaranteed.
Easy sign up
Make the switch in 10 minutes or less.
Home service rewards
Get up to $200 per year1 for taking care of your home with our vetted pros.
Proudly Albertan
We’re local, we care, and we’re just a call away.
Featured Floating Rate Plans
Get up to $200/year1 off your bill when you complete home services with us.
Floating Electricity
2-year plan
Electricity Plan
Market + 1.5¢
/ kWh
Guaranteed rates won’t change for the length of your term.
Rate follows the market and changes monthly.
Natural Gas Plan
/ GJ
Guaranteed rates won’t change for the length of your term.
Rate follows the market and changes monthly.
Floating Rate Plan
2-year plan
Electricity Plan
Market + 1.5¢
/ kWh
Guaranteed rates won’t change for the length of your term.
Rate follows the market and changes monthly.
Natural Gas Plan
Market + $1.20
/ GJ
Guaranteed rates won’t change for the length of your term.
Rate follows the market and changes monthly.
Floating Natural Gas
2-year plan
Electricity Plan
/ kWh
Guaranteed rates won’t change for the length of your term.
Rate follows the market and changes monthly.
Natural Gas Plan
Market + $1.20
/ GJ
Guaranteed rates won’t change for the length of your term.
Rate follows the market and changes monthly.
Frequently asked questions
What is a Floating Rate Plan?
A Floating Rate Plan follows the market price of electricity or natural gas, meaning your rates can go up or down month-to-month. Previously known as our Variable Rate Plan, this flexible option lets you take advantage of market dips while giving you the freedom to switch plans anytime.
How often can my floating rate change?
Your floating rate is tied to the current wholesale energy market price which changes monthly. That means your bill could look different each month, depending on how the market fluctuates.
How does ATCO Energy calculate the floating (variable) rate?
We base our floating rate on the current wholesale energy market price, plus a small administration fee. This is a transparent and fair way to pass along the actual cost of energy to you, without hidden charges.
How can I protect myself from high floating rates during winter or summer?
You can switch to a fixed rate plan during peak demand seasons, like mid-winter or summer, to lock in stability.
How do I know if a Floating Rate Plan is right for me?
A Floating Rate Plan is great if you want flexibility and the chance to save when market prices drop. If you prefer predictable, guaranteed pricing, a Fixed Rate Plan might be a better fit.
Sign up in just 10 minutes
Step 1
Choose your plan
Choose a fixed or floating rate plan for 1, 2, 3, or 5 years. You’re free to switch or change most plans at any time.
Step 2
Sign up
Signing up is easy. All you need is your home's address or Site ID (found on your current energy bill). Sign up online or by calling our Customer Care Centre.
Step 3
No interruptions
When you switch to ATCO Energy, your energy doesn't get interrupted. Even when you move, we can move with you.
Step 4
Relax
Using My Account, you can check your energy usage, pay bills online and connect with our energy advisors any time.
1The quarterly $50 credit program requires an active account and good financial standing for 90 days prior, with credits being applied when service is completed and expiring at the end of each quarter. Credits cannot be combined with other quarterly credits or carried forward to subsequent periods. This program may be modified or discontinued at our discretion; additional terms and restrictions may apply.
*Market rate” means the floating energy rate established by (i) the Alberta Electric System Operator hourly pool price for electricity or (ii) the Alberta Energy Company 5A Daily natural gas rate, plus all applicable third party charges related to the supply of energy to your home.
*Market rate” means the floating energy rate established by (i) the Alberta Electric System Operator hourly pool price for electricity or (ii) the Alberta Energy Company 5A Daily natural gas rate, plus all applicable third party charges related to the supply of energy to your home.