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ERM Power Retains Major NSW Government Electricity Contract

ERM Power (ASX: EPW) has successfully extended its electricity sales contract valued at more than $30 million with the New South Wales Government.

The contract covers government departments and agencies across more than 10,000 sites, including emergency services centres, medical facilities and schools.

ERM Power has held this NSW Government contract since July 2013 and has retained the contract for a further 12 months through a review and extension process.

Managing Director and CEO Jon Stretch said winning and retaining this contract demonstrated ERM Power’s growth, strong market position and service proposition, underscored by ERM Power retaining the number one position in customer satisfaction among retailers for five years running[1].

“ERM Power also retained the Queensland Government major commercial and industrial electricity contract supplying a number of departments and agencies across the state,” Mr Stretch said.

“Winning premium contracts such as these highlights the market’s support for ERM Power’s value-added services around energy efficiency and strategically timed electricity purchasing.

“ERM Power is now vying for the position of number one provider of electricity to commercial and industrial customers in Australia. We’ve built a strong reputation with large business customers and we’re successfully expanding into the small to medium business market.

“While New South Wales and Queensland represent our biggest markets, we have a rapidly growing presence in other states and the ACT.”

-ENDS-

For further information

Tracey Palmer
Phone: +61 7 3021 3266
Mobile: +61 438 310 539
Email: tpalmer@ermpower.com.au

About ERM Power

ERM Power is an Australian energy company operating electricity sales, generation and energy solutions businesses. The Company has grown to become the second largest electricity provider to commercial businesses and industrials in Australia by loadi. A growing range of energy solutions products and services are being delivered, including lighting and energy efficiency software and data analytics, to the Company’s existing and new customer base. The Company operates 662 megawatts of low emission, gas-fired power stations in Western Australia and Queensland.

iBased on ERM Power analysis of latest published information.

[1] Utility Market Intelligence (UMI) survey rating the performance of major retail electricity retailers, undertaken by independent research company NTF Group 2011-2015