Where is all this money actually going?
- Powercor – China (Hong Kong)
- Jemena – China/Singapore
- CitiPower – China (Hong Kong)
- Ausnet – China/Singapore
- United Energy – Singapore
With every power bill paid, money not only leaves your business, but distributors’ profits can be sent overseas.
With this month’s proposed sale of NSW Ausgrid assets to China, this worrying trend seems to be continuing and it appears that very few in the business community are talking about it. The initial sale was blocked due to “terms of the agreement”, but many are becoming more and more worried about the economic implications for large energy users.
Unknowingly, the hard-earned revenue being generated by Australian businesses is being used to fund overseas profits – so how can businesses take back some control over not just how much they pay but WHO they pay?
Commercial solar, LED, and Power Factor Correction are solutions business owners can implement to keep money reinvested in their own business, instead of blindly sending it overseas.
The reality is, due to supply shortages, and legislated changes to network costs, power prices are going to increase significantly in the next six months.
Speak to us about some key strategies to take back control on what you pay and who you pay for power.
