Neuendorf Farming made an instant saving of $19,000 per year on their electricity bill after Leading Edge Energy switched them from a small business offer to a fixed commercial contract, giving them access to wholesale rates.
The owners did not realise they were paying 25% more than what they should have been paying.
Their retailer Origin had them on an SME tariff, where they were paying a high rate of 23c/kwh for their electricity. LEE organised the switch to wholesale market rates, locking in an energy contract that was cheaper and gave the business long-term security of supply at a fixed rate.
Many businesses pay thousands more than they should because they are in the wrong network tariff bracket.
Network charges are fixed, but if you consume less than 160 MW per year, you could make big savings. We helped three businesses managed by Bishop’s Real Estate reduce their spend by a total of $15,000 per annum by putting them on correct tariff.
The Sir Joseph Banks Hotel was paying highly inflated Direct Metering Agreement fees of $3,390 per year, locked in for five years. After signing on with Leading Edge Energy, The Sir Joseph Banks is now paying $900 per year in metering fees. That is a direct saving of $2,490 per year!
LEE secured the release of the previous DMA and replaced it with a much fairer deal. When we negotiate DMAs, they only run for the duration of the energy contract.
The Thala Beach Nature Reserve reduced its energy spend by $22,000 per year after engaging Leading Edge Energy to procure its electricity supply.
Before engaging LEE, the resort used to purchase energy through a retail contract.
LEE’s energy management consultants monitored the National Energy Market to pinpoint a time when prices were favourable and locked in a contract which was significantly cheaper than what was being offered by retailers.
The resort also engaged LEE to monitor consumption and identify areas where energy efficiency was lacking. Corrective action was taken and the resort is now enjoying the benefits of less wasted energy.