Reduce energy exposure and keep your energy costs down
As the price of wholesale power increases, Choice Energy is vigilant about keeping your operations energy efficient. By helping you use less, we’re your assurance against future energy price hikes.
We’ll secure you the best energy deal. Then we’ll make sure your new energy-savings contract is in place, and that the transition is seamless. From there, we’ll keep you proactively engaged in cost reduction strategies.
Energy bill validation
As part of our end-to-end energy management service, we offer SHIELD metering. Metering offers important monitoring and reporting tools to help mitigate your risk exposure to large market energy costs. Energy bill validation is one part of this.
Bill validation puts checks and balances on each component of your energy invoices. By modelling the appropriate charges based on your actual usage and demand, we will validate the costs. This reconciliation process will identify any energy bill errors or anomalies. Both undercharging and overcharging can be detrimental to your budget forecasts and planning.
If we find an error, we’ll act on your behalf with the retailer to correct it.
86% of our business customers have chosen SHIELD metering and monitoring for their business.
You’re charged a default metering charge by your energy retailer with no added value. SHIELD metering replaces this, and at the same time provides you with valuable energy management tools such as real-time access to consumption interval data.
Along with having a dedicated energy management consultant to help you optimise energy use and costs, SHIELD monitoring and metering services include:
Wholesale market insights
Providing you with insight to wholesale cost of power including trends and projections. By constantly monitoring we can go to market prematurely and forward purchase to mitigate future price increases.
Network cost assessments
Reviewing and optimising network and demand costs.
Monitoring demand values and facilitating demand resets.
Customised usage reports
Providing you with site by site usage reporting, alerts, operational guidance.
Web portal access
Giving you access to data and graphical reporting online to monitor your energy use.
Energy efficiency reports
“At a time when everyone could use a little help to save a dollar, Choice Energy helped our business find a new Energy retailer at the same cost, without incurring the annual increase proposed by our old energy retailer. Included was independent metering to be able to verify bills easily and the process also helped us get a demand reset as part of a solution that delivers our business a saving of over $20,000. These guys can handle everything…Great job Choice Energy.”
— David Maillard, Financial Controller, Beaconsfield Home Timber & Hardware
Network Tariff and Demand Assessment
Charges outside your retail contract, such as demand and network charges, account for roughly 60% of your total bill cost. Without independent monitoring, there is no way of maximising savings on these components of the bill.
Many business operators don't realise these charges are independently negotiable outside your existing retail contract, and networks review and often increase these tariffs annually.
This means if your business energy use has changed since the tariff was set – for example you’ve taken over a new site from a larger energy user, you may be eligible for a lower network tariff which could save you tens of thousands of dollars.
Your Dedicated Account Manager
When your energy accounts are powered by SHIELD, you’ll have your own personal account manager to help you navigate through the complexity of bill charges, including the management of contract transfers and billing enquiries.
As an active participant of the energy market, your dedicated energy manager will:
- Formulate procurement/go-to-market strategies to secure you the lowest energy rates, while avoiding exposure to higher energy costs
- Keep you abreast of energy market conditions, including key events (risk-based) whilst tracking the wholesale cost of power which directly impacts your business as a large energy user
- Deliver support to navigate complex bill charges
- Assist with contract transfers and billing enquiries
- Investigate unforeseen charges or back dated bills.
We’re a team dedicated to education and full spectrum knowledge, which means your account manager can also offer general energy advice, like market or retailer notices of forthcoming changes or investigate unforeseen charges or backdated bills.
Dedicated account managers are for all of our customers, both electricity and gas, as well as any small market energy accounts. When an energy account is protected by SHIELD, all future procurement exercises and general assessment charges (up-front fees) are waived where ordinarily applicable.