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 staff conducting an energy assessment

Energy assessments identify big savings for big customers

Our Energy Assessments are designed to pinpoint any inefficiencies and source real savings for your business.
ERM Power’s Executive General Manager, Energy Solutions Megan Houghton says many larger customers that ERM have worked with are unaware that these savings are possible.
“We’ve noticed that most businesses are preoccupied with their day-to-day tasks and targets and they don’t necessarily have the internal capabilities or resources to know when an energy management opportunity exists.
“Companies want to save money and remain competitive. What they…

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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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ERM Power Underpins Construction Of Queensland Solar Farm

ERM Power (ASX: EPW) has signed a power and Large-scale Generation Certificate (LGC) offtake agreement with Edify Energy to underpin construction of the 58MW large-scale Hamilton Solar Farm in regional Queensland.
ERM Power Managing Director & CEO Jon Stretch said today’s announcement further reinforced the Company’s commitment to supporting the growth of renewable sources of energy in Australia.
The agreement will see ERM Power purchase all of the energy and LGCs produced by the Hamilton Solar Farm in coming years.
“ERM Power’s…

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Energy Efficiency Funding for Manufacturers - ERM Power

Energy Efficiency Funding for Manufacturers

The NSW Government is offering up over $16m in matched funding to help manufacturing businesses save energy and money.
The NSW Office of Environment and Heritage funding is open for manufacturing businesses in NSW, as well as potentially those that undertake manufacturing activities, to boost their energy efficiency.
Manufacturers are energy intensive and some of the largest users of energy in the country, so this comes as a valuable opportunity for businesses to upgrade to energy efficient equipment, improve energy metering…

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Record electricity prices driven by extreme weather

Record electricity prices driven by extreme weather, generator outages and aggressive patterns of generator bidding behaviour, outlines ERM Power EGM Trading David Guiver.
Forward contract prices escalating: high pool prices, as a result of recent events, have led to higher contract prices for commercial and industrial customers. Unpredictable market behaviour highlights the importance of good energy management strategies for large power consumers in a volatile energy market and policy environment.
Much has been written about the extreme pool price volatility that…

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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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Large industrial projects need specialised skills

ERM Power adds large-scale industrial project expertise and energy efficiency certificate creation capability to ERM’s existing suite of energy productivity solutions with the acquisition of Out Performers.
Out Performers delivers large and complex commercial and industrial electricity and gas efficiency projects aimed at the 300 largest energy users in Australia. The company’s technical expertise and services in electricity and gas advisory, project delivery and energy performance analytics for industrials complements ERM’s existing Energy Solutions business model and expands the capability…

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Prime time for helping smooth the flow

ERM Power CEO Jon Stretch makes no attempt to hide his frustration with the latest failed attempt to get a national energy policy up and running, even though it means plenty of opportunity for his business to grow.
“It’s just beyond belief that at five minutes to midnight, when there has been an incredible amount of consultation with industry, with industry groups, with consumers, with competition groups et cetera, that we just saw politics of the worst kind make the…

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Energy customers saving through free service – but significantly more left on the table

A unique, free service offered by energy retailer ERM Power has this year identified potential annual savings of more than $3.4 million for its large(i) customers – savings that can be achieved by simply moving to a different network tariff.
The savings were revealed through analysis of almost 15,000 large customer sites since January this year by ERM Power, which is the second largest electricity retailer to commercial business and industrial customers in Australia by load.
The company regularly reviews the…

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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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