Algonquin Power And Utilities 's

The Regulated Services Group's utility businesses typically hold geographic monopolies within their service areas. Competition for electric distribution systems primarily arises from alternative energy sources and on-site generation. For natural gas distribution systems, competition mainly comes from other heating methods such as electricity, oil, and propane. Government policies and societal perceptions of natural gas can also influence its competitiveness. In Canada, electricity generation from natural resources is primarily regulated by provincial jurisdictions, with the hydroelectric industry organized according to provincial models. The industry is largely integrated, with production, transportation, and distribution predominantly managed by a few large public service providers. The Corporation partially depends on long-term power purchase agreements with provincially-owned entities to sell power generated by its hydroelectric facilities.