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Go Energy Inc.
Suite 2, 299 Northfield Drive , East Waterloo, Ontario, Canada

Memberships : NA
Industry : Natural Gas
Basic Member
Since Dec, 2019
About Company

GOenergy specializes in natural gas supply and will work with you to develop an accurate energy audit based on your current and previous consumption patterns.  Through our no-obligation energy audit, GOenergy can provide a variety of options with variables like term, delivery point, load balancing, current market trends and price type, all of which can affect the outcome of annual energy costs.  We are your proactive energy partner.

Our Story

In 2002, five dynamic individuals decided to leave successful corporate careers and use their skills and knowledge to start a new energy company focused on mid-sized energy consumers. It was a challenging time with the collapse of Enron, which was followed by other major companies failing and a tight credit market. However, these market difficulties also created opportunity.

This left the mid-sized industrial and commercial market underserved. With all the tools of a large producer, GOenergy introduced fair priced gas supply to mid-sized consumers. With the assistance of multiple producers, we have been able to offer a wide range of products and solutions that even the largest suppliers cannot provide. Today we continue to offer flexible products to mid-sized industrial consumers in a liquid and transparent market.  In 2004, we expanded into Quebec. This was a good fit for us as there is a large base of industrial manufacturing and commercial companies in Quebec. Natural gas is also sourced from the same production pools as Ontario (primarily the Western Canadian Sedimentary Basin). Thus we were able to bring the same expertise to the Quebec market.  Soon after, the Ontario electricity market was deregulated and we began to offer electricity supply. There are many differences between the electricity and gas markets. For example, while Ontario has nearly 80 electric utilities, it has just two main gas utilities and a few smaller ones. Nevertheless, electricity is transported and priced with many of the same terms and conditions as natural gas. We are able to offer many different options in an increasingly complex market.  In 2014, our volume increased by over 25% when we entered an agreement to manage the natural gas portfolio for a new partner. Our proven internal processes and well-trained personnel allowed us to easily absorb the increased volume into our systems.  GOenergy currently supplies over 200 businesses. Since inception, we have stayed true to our roots. We have remained focused on companies with energy budgets of $2,000–$200,000 per month. The ever-changing energy market dynamics in Canada have allowed us to be creative and develop products that are unique to the marketplace.  Customer service has always been one of our top priorities, from the friendly voice answering the phone to individual detailed usage information and contract reporting. We are continually improving efficiency and accuracy in everything we do. What was once done with phones, fax machines and spreadsheets, is now done with secure data exchange and sophisticated CRM software. Yet with all the new technology in the energy industry, we understand this is still a relationship-based business.  We pride ourselves on maintaining a family-oriented culture. Employees have been with GOenergy for an average of over 10 years. Industry expertise and our internal processes are shared throughout the organization. Our sales people focus on doing what’s in the best interest of our customers while developing long-term relationships that provide lasting value.  Each year we close the office for a day and work as a group at a local volunteer organization. In the past, we have helped out at the Food Bank, Habitat for Humanity and St John’s Kitchen.  Our head office has always been at the same location in Waterloo, with a major renovation occurring in 2015.  Stay tuned for the next stage of our company’s growth as we enter the digital arena. We look forward to being your source for natural gas and electricity information in Ontario, and to helping you overcome any obstacles you have in your energy purchasing.

Why GOenergy?

  • Access to a wide range of top-tier wholesale suppliers
  • Lower cost because we do not have a large suite of highly paid executives or commission-based sales staff
  • A focus on Ontario and Quebec markets only
  • Friendly, one-on-one personal service and account management
  • Site visits and in-depth analysis
  • No high-pressure sales
  • Minimized risk, no surprises or additional fees
  • Up-to-date information on current energy developments such as Cap & Trade, ICI class A, Shale Gas, Energy East pipeline, Oil Sands
  • Continually monitoring of your energy portfolio
  • The sharing of market opportunities

Natural Gas

With cold winters and a large industrial metropolitan area, Ontario is one of North America’s largest consumers of natural gas. The province has the third highest number of manufacturing employees of any jurisdiction in Canada and the United States (only California and Texas have more).  To meet demand, natural gas is transported by various pipelines to Ontario from these key North American supply basins: the Western Canadian Sedimentary Basin, the Gulf of Mexico, the U.S. mid-continent and U.S. northeast shale.  Ontario also has some of the largest storage facilities in North America and is ideally located as an important link for natural gas transportation, storage and distribution.

GOenergy Natural Gas Products:

  • ABC, bundled T
  • Floating market price or fixed price hedge
  • Aeco, Empress, Dawn, Parkway, CDA, EDA
  • Commodity, transportation, storage
  • Gas account balancing, curtailment delivery service
  • NGX, Nymex basis

Electricity

Electricity is bought and sold much like natural gas and other energy commodities. The main difference is that we don’t store electricity. Though technically possible, it’s expensive and impractical. Instead, only as much electricity is generated as is required.  Electricity is generated from many different sources such as nuclear, natural gas and renewables such as wind and solar. At this time, Ontario is striving to ensure reliability for all consumers while concurrently moving to greener electricity generation to reduce climate change and save the planet.  Each energy source has a different generating cost, and through supply and demand the trading of power attempts to keep the system in balance. Ontario is now in an oversupplied position and much of the excess electricity is sold to adjacent provinces and US States, often at deeply discounted prices.  There are many choices for companies when buying electricity, each with its pros and cons. Let GOenergy help you decide on the best options for your company.

Company NameGo Energy Inc.
Business CategoryNatural Gas
AddressSuite 2, 299 Northfield Drive
East Waterloo
Ontario
Canada
PresidentNA
Year Established2002
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Natural Gas Supply
  • Management Services
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