Our energy market wrap up for November 2020.

Thinking ahead is how you became a leader in your industry. You apply it to all kinds of decisions you make each day, from rostering staff to operations and everything in between, to ensure your business moves smoothly and at its best. So why not apply this to reducing your energy bills too?
Forward contracting is the agreement between a buyer and a seller to trade an asset at a future date, usually in context to property or machinery. But what many do not know is that this act can also be applied to your energy agreements, meaning you can take advantage of the wholesale energy market, even when you are in a current contract. Best of all? It’s incredibly simple to do with Choice Energy.

It might seem like simple maths you can do on the back of an envelope: The more panels, the more solar energy. The more solar energy, the lower your bills. But as your business energy bill amount is made up of a range of charges outside of your energy usage, it’s not quite as simple.

You know that solar is an environmentally-friendly, clean source of cheap energy that allows less dependency on the increasingly costly grid. But if you’re a tenant, you might be concerned that a solar power system for your business is out of your reach. Let us bust a few myths you might have about investing in solar when you don’t own your commercial site or property.

If the success of your business relies on access to high amounts of energy, you’re likely to have experienced the ongoing rollercoaster of electricity costs. High Energy Users (HEU), especially those in the manufacturing industries, continue to remain tied to the discretion of power providers, confusing energy bills and increasingly volatile pricing. What can we expect the future of energy prices to look like? Let’s look at the influencing factors that all HEU businesses should know about, beyond COVID-19.