Author - Phoebe Mann

Retailer Reliability Obligation image

The Retailer Reliability Obligation

After more than a year of consultation, the Retailer Reliability Obligation (RRO) is set to formally take effect from 1 July 2019.
In response to predictions of energy supply shortfalls in Australia over the next ten years, the Energy Security Board (ESB) has been working to deliver a mechanism that ensures a reliable supply through the RRO framework. Originally conceived as part of the National Energy Guarantee, the RRO will impose new requirements on retailers and other large users to…

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Image of wind turbines in relation to Corporate PPA

ERM Power launches Corporate PPA offering

ERM Power is proud to have launched a new Corporate Renewable Power Purchase Agreement (PPA) product to enable easier access to renewable energy sources for commercial and industrial customers.
According to David Guiver, ERM’s Executive General Manager Trading, the new product allows commercial and industrial businesses to buy a partial interest in the output of a large renewable power station in order to support their business and environmental energy objectives.
“Working through ERM Power, businesses can enjoy the benefits of a…

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Managing energy spend in a volatile market

With energy market volatility likely to continue, when you agree your contract rates can make a significant difference to your costs.
ERM Power’s STEP Online product is designed to help larger businesses (those using >5000 MWh per year, in at least one State) manage timing risk and their exposure to market volatility.
Instead of agreeing to all prices up front at the time of contracting, STEP Online allows customers to choose prices for parcels as small as 5% on a quarterly…

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ERM Power Quarterly Wholesale Market Update - EGM Daivd Guiver

Quarterly Wholesale Market Update: Find out what’s happening

ERM Power is excited to share our new Quarterly Wholesale Market Update for January-March 2019.
Our Market Update provides a summary of wholesale market activity for the period to help you keep up to date with what’s happening in the industry.
January-March 2019 Wholesale Market Update
This quarter, Executive General Manager Trading, David Guiver talks about what has happened in an eventful summer, the impacts of the Margin Loss Factors on the market and also shares some views on the Large-Scale Generation…

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Image from Earth Hour 2010, Canada

5 Strategies For Tackling Your Business Energy Productivity

Image credit: WWF Earth Hour sparklers in Vancouver by Jeremiah Armstrong.
We are joining hundreds of businesses across Australia to switch off for Earth Hour 2019 for the future of our planet.
On Saturday 30 March 2019 at 8:30pm local time, ERM Power will take part in this global conservation movement to show our commitment to a healthy, sustainable future.
In the lead up to Earth Hour and beyond, businesses are looking for ways to take control of their business energy and…

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ERM Power Women In Tech Scholarship

ERM Power is proud to announce two new scholarships with QUT Science and Engineering Faculty

As part of ERM Power’s continued commitment to improving diversity in our business, we are proudly partnering with the QUT Science and Engineering Faculty to establish two scholarships for Women In Tech at QUT.
General Manager, Solution Delivery Steve Nichols believes ERM Power’s commitment to improving diversity in the business will provide benefits to innovation moving forward.
“The benefits of having a diverse culture where people feel safe to voice their ideas and options are proven,” he said.
“At ERM Power we’ve worked…

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ERM Power account manager talking to customer

Why we’re still No.1 for customer satisfaction

By Steve Rogers, ERM Power Executive General Manager, Energy Retail (AU)
While we’d much rather talk about you – our customers – than our own achievements, ERM Power has been named No.1 for customer satisfaction for the 8th year in a row. This accolade was again the result of a survey of large commercial and industrial customers conducted by independent research company NTF Group.
We think a lot about what drives customer satisfaction in our business. Experience has shown that it’s…

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A large ERM Power customer

Will your business save in our next Network Tariff Review?

 

Did you know that network charges (tariffs) can make up about 33% of a large customer’s total energy bill? Tariffs are separate from electricity charges, and the impact of being on the wrong one can be significant.
At ERM Power, we want to help you minimise energy costs. Our twice-yearly Network Tariff Review is one way we can help. The Network Tariff Review is a complimentary service we offer our large customers to check if you are still on the…

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Energy assessments identifying big savings for big customers

ERM Power is identifying an average 27% potential savings on electricity bills for business customers undertaking an energy assessment – equating to an average $144,000 of potential savings per annum, per assessment. [1]
EGM Energy Solutions Megan Houghton says many of the large companies that ERM has worked with are unaware these savings are possible.
“The most obvious thing we’ve noticed is that most businesses are preoccupied with their day-to-day tasks and targets, and they don’t necessarily have the internal capabilities…

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The 3 key factors influencing higher energy prices

David Guiver, ERM Power’s Executive General Manager of Trading, explains that several key factors are likely to be influencing market increases and general energy price volatility. These are:
1. Predictions of a hot, dry summer ahead
Future weather forecasts can significantly influence energy markets because suppliers look at these predictions closely when hedging energy purchases on the futures market and setting prices.
When the forecast says we’re in for a hot, dry summer, this indicates that businesses and households will use more…

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Where to Start with Energy Efficiency

Energy efficiency is rapidly climbing up the corporate agenda but many organisations get caught out thinking just one product is the right solution. Watch Megan Houghton, Executive General Manager, Energy Solutions at ERM Power explain the best evidence-based way to take control of your energy management.
If you would like to talk to an expert, click here.

 

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