Case Study - Southern Steel Group
Australian Steel Institute member saves $48,000 annually by switching to a large-market agreement
Our Customer
The member 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 energy 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 for our customer across 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.
Australian Steel Institute member 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.
In late 2024, Choice Energy further assisted them by obtaining competitive rates through tender negotiations for their remaining 8 large market sites. They've also had several small market sites which needed to be assessed, Choice Energy found a projected $40,000 savings across these sites so that our customer can ensure their rates across all sites are now competitive in the market.
Benefits
$40,000
By getting the small market sites assessed, Choice Energy identified $40,000 in projected annual savings which would have otherwise gone unnoticed.
$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.
Are your business's energy costs rising? Gain a no-obligation assessment of your energy usage to identify ways you can save.
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