How bulk energy buying works
For many businesses, energy is one of their top 3 fixed costs. Lowering the cost of energy during uncertain times helped 56 Australian businesses save an average of $44,643 over a period of 3 years.
Bulk energy buying is a process where businesses come together as one group to negotiate better rates with retailers for energy.
This form of group buying often results in lower costs, better payment terms, often increasing from 14 days to 30 days, and higher feed-in tariffs for those clients wishing to sell solar back to the grid. This creates much- needed income during these tough times.
B E FOR E
Average per year
$14,880 over spend
56 businesses formed an energy group collective to negotiate directly with retailers and take advantage of bulk energy rates
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Certainty during uncertain times
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Group buying rates creating saving
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Longer payment terms
AFTER
Collective energy savings
$2.5m saved
Over a three year period
By applying as a single collective and agreeing to accept a pre-determined bid range, these businesses
Reduced their fixed costs
Received better payment terms
Made more money from solar
Average business savings
$44,643
Over a three year period
*Example case study from Energy ROI Pty Ltd undertaking a energy buying collective during 2019 in Tasmania with 56 businesses.