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Switching energy providers If you’re not in a contract with your current energy retailer, then it pays to shop around for the best deal you can get. Discounts of up to 15% or more are available to SMEs who call up energy retailers seeking a better deal. To get underway, gather up your bills from […]
Questions to ask an energy provider Important! Before you call an energy provider or energy broker, make sure you read this chapter so that you fully understand concepts like tariffs and ‘time-of-use’ pricing. When you’re ready to call, have one year of electricity and gas bills to hand. This will tell you how much you are […]
Understanding your electricity and gas bills The Australian Energy Regulator has created a useful guide that will help your business to understand its energy bills. If you’re confused by energy fees and tariffs, visit EnergyMadeEasy.gov.au. This site is ideal for businesses that do not have a capacity charge on their bill (see ‘Do you pay […]
Understanding your energy contract Energy and your business. If you want to get the best deal or sort out a problem, the Australian Energy Regulator has a website that helps your business to understand energy and the rules that ensure you get a ‘fora go’ from retailers: EnergyCut.info/aer-energy. Switching energy contracts. The Australian Energy Regulator has […]
Are you on the correct rates and tariffs? It’s worth checking to see that you’re not being overcharged. The ‘Energy Hunter’ scheme identified a number of small businesses that were not on the correct tariffs and rates. “We’ve found several businesses misclassified as larger electricity users resulting in a capacity charge that they should not […]
How meters can affect your bills Small businesses with a traditional ‘dial-display’ or ‘odometer-display’ meter get charged a flat rate for electricity. This is because these old-style mechanical meters cannot tell what time of day you’re using electricity – they only monitor accumulated electricity consumption. This flat rate is currently the most common form of […]
Can you take advantage of ‘time-of-use’ pricing? ‘Time-of-use’ pricing is the energy industry’s version of ‘early bird parking’. If you park in the city when everybody else wants to, you pay the maximum price. But at off-peak times, car park operators want people to fill their parking spots, so they offer cheaper pricing. Energy companies […]
How power factor control can reduce your bills How you can reduce your bills by knowing about power factor correction. If your business uses more than 160MWh of electricity every year, then it may pay for you to look at improving your power factor. What is power factor? In an electrical supply, a mysterious […]