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 opens funding is now 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…

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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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ERM Power and FG Advisory partner to provide complex energy management solutions

ERM Power and FG Advisory are pleased to announce a partnership that will see them collaborating to provide energy management solutions to New South Wales Government departments and agencies.
The ERM Power/FG Advisory partnership has been selected as a pre-qualified energy service provider to the Energy Performance Contracting Panel, managed by the NSW Office of Environment & Heritage on behalf of the NSW Government.
Panel members are selected every four years and are pre-qualified to provide energy services at existing government…

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Network Tariff Review May Uncover Potential Savings

If your organisation is not on the right network tariffs for its energy profile and usage, you could be spending too much on electricity. Our network tariff review may uncover potential savings for your organisation.
Network Tariff Optimisation
Network costs can make up to a third of the overall cost of some customers’ electricity bills and while these costs are passed through to customers, being on the right network tariff for your site will ensure you’re not paying more than you…

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Steps to Improving Your Organisation’s Energy Productivity

Whether your organisation is wanting to reduce costs, operate more sustainably or generate revenue from existing energy assets, now’s the time to explore your options and take action.
ERM’s General Manager of Sales & Business Development, Martin Becker, says he’s noticed a shift in customer focus towards managing energy volumes and productivity.
This is no surprise given that the the return on investment (ROI) for energy-saving initiatives is so significant. Rising energy prices and decreasing technology costs also means that projects…

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Energy Audits Help Businesses See the Big Picture and Save

If you’re about to green-light an energy efficiency investment, start smart with an energy audit.
An energy audit of your organisation will shine a light on your strengths and weaknesses and help you make better-informed decisions in the future.
According to ERM’s Digital Innovation and Advisory Lead, Pete Tickler, this can save you prematurely pulling the trigger on significant energy efficiency investments that may not be right for your organisation.
A holistic approach
Energy efficiency has so many moving parts and variables that…

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Using The ERM Power App

Smart Advice to Secure the Best Energy Deal

Considering switching business energy providers? A word to the wise: lock in the best possible terms by thinking green and assuming nothing.
Having dealt with soaring energy costs for years, organisations are becoming savvy. They know they can save significantly if they negotiate wholesale energy prices with retailers. What many don’t realise is that’s not the only way you can control what you pay for energy.
You have the power
“While network tariffs are fixed costs that stay the same no matter…

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RERT – The Challenges of Maintaining Supply in Extreme Weather

RERT operates outside of the National Electricity Market (NEM) and involves contracting large energy users to either use less energy or generate power from their own generators when called upon by AEMO.

Basically, big industrial users like aluminium smelters, steelworks and paper mills are compensated for ‘switching off’ to provide emergency relief if the power network is threatened.
Summer is traditionally the time of year the power network is most stretched. It’s not just high demand, but extreme temperatures and climatic…

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ERM Power Lodges Submission to the National Energy Guarantee

ERM commends the ESB for embedding competition imperatives in the Guarantee. These cannot be compromised.
Guarantee must not diminish competition or entrench the power of large energy incumbents.
ERM Power’s final submission on the National Energy Guarantee supports key design elements which foster competition and market liquidity for the benefit of consumers while noting areas that require more consideration.
ERM Power CEO Jon Stretch said impressive progress has been made in designing the Guarantee in a highly consultative process which is a…

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