With one phone call Michelle Joosse, CEO of IT services company HotlineIT, saved their business over $1,300 (based on a $337 per quarter bill saving) in office electricity costs.
In a potentially major shake up of Australia's business registration system, a recently released Treasury consultation paper has put forward a range of proposals to the long standing ABN system, which include the potential for a renewal process and fee.
There’s a lot of debate about whether it’s better to flick off the switch or leave lights running when you leave a room. A debate that’s particularly of interest if you regularly compare electricity and gas prices – or are looking into electricity plans with the hope of finding the best electricity deals.
There’s no doubt that running a business costs a lot of money. There’s rent, salary, payroll expenses, taxes, utilities, property maintenance, the cost of goods, training, hiring, and more. When money gets tight, many businesses tend to look at the big expenses first as a way to cut costs and tighten the purse strings. However, this can have a detrimental effect on the business. Often, the first expense to go is the human capital expense: people lose their jobs. But there are plenty of other ways to cut costs without having to let people go when things slow down or seem to be coming to an end for your company. Here are some energy consumption tips to help you make the most of your hard-earned dollar in your company.
Price hikes and an uncertain energy market has already been having a crazy /negative effect or impact on businesses and their bottom line. With the top energy retailers Energy Australia and Origin predicting increase in power prices up to 14.9% and AGL announcing an increase of 9.5% for the Victorian market in January 2018, your business could be in for an even ruder bill shock.
Australia’s largest energy retailer AGL has announced plans to increase power prices in the new year. This comes on the back of a recent predictions from EnergyAustralia and Origin Energy, who recently foreshadowed new year default power price hikes of 14.4 to 14.9 per cent.
At a time when everything is traditionally (and sometimes literally) lit up like a Christmas tree, we want to ensure you don't get a shock when you get your next energy bill after Christmas. So as an early gift to you, we have put together a short list of some easy energy saving tips you can use over Christmas. These will help reduce your energy consumption and lower any festive bills.
Australian consumers will have more options under the new ‘Power of Choice’ regime announced by the Australian Energy Market Commission (AEMC). The changes, which took effect on December 1, 2017 will see electricity generators and distribution infrastructure owners lose their monopoly over the provision of electricity meters and allow retail providers to select their preferred metering technology and service provider, based on customer requirements.
Businesses across the nation are facing an uphill battle in the wake of increased energy prices. Since the increase, businesses have been hit with price hikes of up 120 per cent compared to the 20 per cent increase faced by households (www.news.com.au), and this figure is on the rise.
Renewable energy is a rapidly advancing global industry. With the use of fossil fuels in decline, many countries are pouring billions into research and development of renewable energy. The sector employed 9.8 million people in 2016 – a 1.1% increase over 2015. Solar and wind power are the largest sub-sectors, but hydropower and biofuels are not far behind.