ERM Power’s commitment to diversity recognised

ERM Power is proud to have been named a finalist in the Employer of Choice Corporate Award category at this year’s annual Women in Technology Awards.
The awards will be presented at a Gala dinner on 30 August in Brisbane.
Women in Technology is one of Queensland’s most respected and active technology industry associations. The wide range of awards recognise women at varying stages of their career, and companies who are making exceptional advances in diversity and supporting women.
ERM Power Executive…

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Image to of city street for Unaccounted For Energy article

Who pays for Unaccounted For Energy? AEMC introduces a quiet and costly change

Unaccounted For Energy (UFE)
Not all energy consumed is currently accounted for by electricity meters. The difference between the amount of energy being drawn into a distribution zone and how much is picked up on the meters as being used by end customers after technical loss factors are applied is known as unaccounted for energy (UFE) and its causes are numerous. Inaccurate metering, unmetered loads, electricity theft and errors in estimations for loads (such as street lights) mean cost distribution…

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Photo of a customer participating in Demand Response

Regulatory Changes Incentivise Customers to Participate in Demand Response

With new guidelines progressively emerging under the Retailer Reliability Obligation (RRO) framework, the potential benefits to customers of participating in demand response activities are becoming clear.
Retailer Reliability Obligation (RRO)
Following the introduction of the RRO on 1 July, retailers and other large energy users are now required to actively participate in efforts to facilitate reliability of power supply to the National Electricity Market (NEM). The RRO was introduced in response to concerns of supply shortfalls over the coming decade. It also…

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Quarterly Wholesale Market Update: April – June 2019

ERM Power is excited to share our new Quarterly Wholesale Market Update for April – June 2019.
Our Market Update provides a quarterly summary of wholesale market activity to help you keep up to date with what is happening in the industry.
April – June 2019 Wholesale Market Update
This quarter, Executive General Manager Trading, David Guiver talks about the renewable energy target, looks at the solar and wind generation coming into the market and discusses the electricity market components and the…

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Smart Advice to Secure the Best Energy Deal for Big Business

Smart Advice to Secure the Best Energy Deal for Big Business

Are you a large business considering switching business energy providers or hunting for the best energy deal? A word to the wise: lock in the best possible terms by thinking green and assuming nothing.
Having dealt with soaring energy costs, big businesses are becoming more savvy when it comes to energy. They know they can save significantly if they negotiate energy prices with retailers. But what many don’t realise is that’s not the only way you can control what you…

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ERM Staff Conducting Network Tariff Reviews

Network Tariff Reviews reveal $3.5 million in potential savings for customers

ERM Power has completed the latest round of customer network tariff reviews and Steve Rogers, Executive General Manager Energy Retail, is urging customers to check their inboxes for potential savings.
Network charges (tariffs) make up a significant portion (approximately 33%) of a large customer’s total energy bill. It’s important customers regularly check the tariff structure is right for their business.
Potential savings on the table
“In this round of network tariff reviews, we’ve identified $3.5m worth of savings for our large customers….

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LPG Cutting With Sparks

Foamex Case Study

Foamex is an Australian owned and operated company which has been supplying polystyrene products to commercial and residential customers since 1982.
As a leading polystyrene manufacturer, Foamex’s processes are energy intensive and the company is continually looking for ways to hedge against energy price volatility, strengthen their position in the market and ultimately secure their long-term profitability and survival.
Foamex has invested in energy efficiency projects before and were looking to uncover further innovative, energy productivity options.

In September 2018, Foamex engaged…

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Retailer Reliability Obligation

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 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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