Market Update

By now many would be aware of the unscheduled outage at the Callide Generator in QLD.  This has had a detrimental impact on pricing which is not expected to last long. The impact of Callide has been immediate, with significant increases in spot prices.  Futures pricing for Q2 in NSW and QLD is almost double that of… more

Supply Optimisation

Your purchase contract for the supply for your energy is a crucial part of the energy efficiency puzzle.  It is necessary to “get this right” so that you are buying power at the best possible price in a manner that reflects your organisation’s activities. To optimize your supply agreement so that it is appropriate to your needs,… more

Market Update

Market Pricing has dropped materially for Q12021, obviously reduced demand during COVID and impacts to business were a major contributor, but more recently: La Nina – Much cooler weather during January than is normal Unusually good baseload availability – In previous years, the market has had large generation assets come on line coming into major heat waves… more

Help For Consumers impacted by COVID-19

The Australian Energy Regulator (AER) has issued the following announcement extending the expectations for support for customers to 31st March, 2021: Support is available for residential and small businesses customers experiencing financial stress as a result of COVID-19 restrictions, in line with the AER’s Statement of Expectations of energy businesses: Protecting customers and the energy market during COVID-19. Call… more

ERM Power Rebrand

You may or may not be aware that ERM Power was acquired by Shell? ERM is now in the process of rebranding as Shell Energy and from February/March the new brand will have been implemented. What does this mean for ERM Power customers? Well, nothing really, other than updating your Accounts Payable Systems with the new name… more

HVAC Pre-Cooling

We all know it happens, those super hot days the HVAC gets a work out and often struggles to cool areas effectively.  Demand spikes and consumption skyrockets! Astute customers looking to improve their energy efficiency and achieve electricity cost reductions are implementing misting systems to pre-cool the HVAC.  These systems work on central plant with chillers, and… more

Demand Response and Reduction

Demand and Capacity Charges make up a significant portion of your electricity invoice, if you review you will see that it can often account for roughly 25% of your total bill.  Networks have gradually transitioned their tariff structures to focus more on Demand and less on consumption, as this dictates the capacity of the network they need… more

Commission Based Brokerage

Financial comparison site iSelect has been ordered to pay $8.5million as it misled customers choosing electricity plans.  They have admitted that their commercial arrangements with electricity retailers restricted the plans available to customers, meaning that the recommended plan was not necessarily the best price. ACCC Chair Rod Sims was quoted as saying “about 38 per cent of… more

AER – State Of The Energy Market 2020

Most people probably don’t have the time or inclination to read the report State Of The Energy Market 2020 from the Australian Energy Market Operator.  Here is their Snapshot on the National Energy Market:   As ageing coal generators exit the market, over 93 per cent of investment since 2012–13 has been in wind and solar plant,… more

Prepare for Summer peaks in energy usage now?

Don’t wait until Summer to look at your electricity invoices and wonder what you could do to reduce them.  Act now! Negawatt Energy Solutions has a range of options for reducing your energy consumption during the warmer months when air conditioning often becomes your highest energy consumer.  Pre-cooling solutions on HVAC using misting technology is proving to… more