Case Study - Southern Steel Group
Southern Steel Group saves $48,000 annually by switching to a large-market agreement
OUR CUSTOMER
Southern Steel Group is a prominent national player in the steel industry with a range of locations and brands spanning across South Australia, Victoria, New South Wales, and Queensland.
Given the complex nature of the business and its sites, managing energy costs efficiently and effectively is crucial for their bottom line.
After dealing with unmet expectations from a previous partner, the business was looking to partner with a quality broker that could help organise the contracts for multiple sites, saving them money and time on retail charges, while also reviewing network costs where possible.
As an Australian Steel Institute corporate partner with extensive experience in the steel manufacturing sector, Choice Energy was well positioned to assist the business with its requirements.
HOW WE HELPED
Choice Energy stepped in to provide a comprehensive energy assessment of Southern Steel Group's multiple sites including the business's Wacol-based site in Queensland.
Choice Energy identified the site was eligible to transition from a small to large market contract, and by switching the business's agreement to the unbundled agreement, the business would benefit from $48,000 in annual savings per year over a three year period.
As part of Choice Energy's comprehensive broking services, network costs are also being assessed for the site.
Southern Steel will also benefit from Choice Energy's expert market insights and metering and monitoring services to ensure the business energy bills are accurate based on site usage.
Choice Energy is continuing to work with the business to identify savings for their remaining sites.
KEY BENEFITS
$48,000
By converting the Wacol site from small to large-market the business is projected to save $48,000 annually.
$48,000
By converting the Wacol site from small to large-market the business is projected to save $48,000 annually.
$144,000
The business will save $144,000 over a three-year contract period by converting to large-market billing.
$144,000
The business will save $144,000 over a three-year contract period by converting to large-market billing.
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