Our Products

Electricity auctions

Understanding the features of the Australian market means knowing the auction process makes sense. EnergyAction have successfully facilitated more than 2700 on-line energy contract auctions, and secured electricity contracts with a value exceeding $1.5 billion.

Just like a traditional housing auction, but turned upside down, the reverse energy auction brings suppliers (bidders) to you.

While shopping around for a quote is time consuming, costly and full of uncertainties, the auction process levels the playing field and eliminates hidden or unnecessary charges. A 'best fit' contract is secured in around fifteen minutes.

The starting point is an understanding of your business. Following a personal interview to ascertain your energy needs, we use sophisticated data collection technology to build an accurate energy contract specification for your business.

Then, we put your requirements on the market, providing retailers with the information they need to make a keen offer for your business. Retailers bid against each other for the right to supply your contract, lowering the price until a settling price has been reached.

Experience has shown us our auction system works. It works for energy customers because they save on costly administration and transaction costs, not to mention time. It works for retailers, who get access to a fair and transparent competitive market place. It's the reason why we have become Australia's leading energy exchange.

Find out how the auction process can work for you...

For more information, complete our online form , and we will be in touch with you directly.

Downloadable Files:

reverse auctions for electricity.pdf