This piece was written and provided by FTMA Supporting Partner, Choice Energy.
On the 21st August, FTMA had a successful online attendance for a collaborative webinar with HRAnywhere and Choice Energy around the cost of doing business.
As a Supporting Partner, Choice Energy provided valuable insights into the energy market outlook for the remainder of 2024. They highlighted key trends and shared how FTMA members have already benefited from energy brokering services, including projected annual electricity savings of $60,570 since FTMA and Choice Energy re-partnered in January 2024. Notably, Ruediger Prefab is set to save an impressive $300,000 over the lifetime of their solar system.
The energy market’s current volatility stems from several factors, including the grid’s heavy reliance on coal, the government’s decision to extend the life of Australia’s largest coal station, Eraring, an early depletion of gas reserves at the start of winter, and a 15% reduction in solar rebates for businesses by the end of 2024.
“After initially installing solar, our electricity bills dropped by 50% with the remaining 50% balance paying off the system.
Our energy usage has increased over time too, but once we paid off the system, our bills are about half of what they were,
which is a substantial financial benefit for the business.”
Christine Flanagan
Director, Calco Timber and Trusses
To further support FTMA members, Choice Energy is running a campaign until September 30th. Any member who submits their electricity bill during this period will be entered into a draw to win a month’s worth of electricity paid for by Choice Energy:
Offer details:
- Upload your electricity bill by 30 September
- Choice Energy will review saving opportunities across broking and solar
- Automatically go into the draw to win a month’s free electricity
- Terms and conditions apply