Companies can save more than $20,000 on power bills: Energy Action

States review their network tariffs annually, which could allow eligible businesses to make “significant savings” if they change to a more favourable tariff, according to the energy management company.

Energy Action said that when Victoria reviewed its tariffs in January, the company helped 209 customers find average savings of $5,800 – and that 11 had made savings of more than $20,000.

NSW, Queensland, South Australia, Tasmania and the ACT will have their annual network tariff reviews on 1 July.

Energy Action managing director Valerie Duncan said energy bills could rise by up to 20% in those states once the carbon tax was also included.

“With both of these changes imminent, and the end of financial year coming up, now is the perfect time for Australian businesses to review their energy contracts and start thinking about what changes can be implemented to  secure savings and achieve greater energy efficiency,” she said.

“Of course, changing your tariff is only one way to save on your energy charges. Most organisations can also find other quick-win efficiencies and should also consider securing future energy rates by negotiating a forward contract well before your current agreement expires.”

The Printing Industries Association of Australia has also said it can help keep power bills down with a group buying scheme.

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