The rising costs of energy have businesses looking for opportunities to reduce costs. Opportunities exist in three key areas - implementing energy efficiency measures, negotiating better procurement deals and by actively managing demand.
The Energy Procurement section of the EEX website is intended to help you better understand and adopt energy procurement and demand management practices that support your organisation’s business activities. The information draws on case studies of Australian companies and has been developed with expert input from the Energy Users Association of Australia (EUAA) and Marsden Jacobs Associates.
What you need to know
- Energy pricing – Understanding how energy is priced is the first step in improving the deal you are getting from your energy retailer.
- Procuring energy and managing demand – Developing an effective energy procurement strategy requires a detailed understanding of energy charges, knowledge of your company’s energy requirements and how your demand profile impacts on energy costs.
- Demand side opportunities – A range of opportunities are available to reduce costs from improving overall energy efficiency to shedding load during peak demand periods .