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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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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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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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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Buildings Behaving Badly: Who Topped the Christmas List?

About one in 10 commercial and office buildings around Australia were ‘lit up like Christmas trees’ running their energy-intensive building systems despite being unoccupied on Christmas Day, says new data from ERM Power, Australia’s second largest commercial and industrial (C&I) energy retailer.i
ERM Power analysed the actual energy consumption data of thousands of business and government sites around Australia that it would normally expect to be shut, to determine how good or bad their energy performance was on the quietest…

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National Energy Guarantee Must Deliver Optimal Mix of Resources

Reliability, sustainability and affordability without major market disruption and cost.
ERM Power has today released its submission, jointly signed by 10 retailers, on the National Energy Guarantee (NEG) urging policy makers to get the design right to drive investment in the right resources in the right locations while supporting competition and reducing cost.
The Energy Security Board (ESB) discussion paper opens up the conversation on how to deliver affordable energy, well-placed and well-timed dispatchable resources, such as batteries, demand response and…

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New Generation of Financial Products Launched to Support Renewables

ERM Power, one of the largest participants in the Australian electricity financial markets, has launched an innovative solar risk management product which bridges the gap for renewables developers in a dynamic and changing energy industry.
The solar product is the first of a new generation of financial instruments which respond to the rapidly evolving Australian renewables market. The first trade was finalised within days of the product being released to the market.
ERM Power Executive General Manager Wholesale Markets David Guiver…

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