News

  • Government’s announced gas market intervention aimed at prioritising domestic supply. Surety of supply and increased competition amongst gas producers can benefit businesses. New supply sources welcomed given current pricing and reliability pressures.

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  • While seasonal weather changes can significantly impact businesses’ energy costs, there’s a simple way your business can take more control over usage and better understand the magnitude of potential savings.

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  • The Power of Choice reforms coming in December are already expected to drive a sharp rise in smart meters at a lower price point, but it is improved access to data resulting from these reforms that will really help businesses optimise energy usage.

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  • According to information provided in the Australian Energy Market Operator’s 2017 Gas Statement of Opportunities, a projected decline in gas production could result in a shortfall of gas-powered electricity generation impacting New South Wales, Victoria and South Australia from the summer of 2018-19.

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  • Prices for commodity electricity have increased greatly over the last two to three years and are now at levels at least twice as high as those available when the market was at a long term low in 2014. Many customers returning to market are becoming aware of these increases for the first time and are suffering contract renewal shock as a result.

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  • Australian businesses are now in the grip of an East Coast energy crisis. Energy Action's COO and CFO Michael Fahey discusses everything you need to know to ensure you are managing the risks.

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  • “Recently on my train commute back from work I read an email (on my mobile) about the potential to save on my electricity spend. By the time I was home I had switched my electricity provider using my mobile phone and nothing else. No annoying phone calls, only a few clicks and an online chat. If it were not possible to do it in that moment and do it online, I would probably have forgotten about the email.” Mathews George, Energy Action CIO, discusses the rise of the mobile phone and its influence on the energy industry across the globe.

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  • The Australian Energy Market Commission (AEMC) has published a consultation paper on smoothing the impact of potential price shocks to customers following completion of court proceedings currently underway between the NSW/ACT networks and the Australian Energy Regulator (AER).

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  • Your electricity bill can have 18 lines or more, which highlights the complexity of the electricity sector and, while your energy consumption has a direct impact on the total amount, you have come to accept that some of the costs detailed in your bill are fixed – like network charges – and you can’t do anything about it. Are you right? Not exactly. Once a year, your business gets the chance to lock in substantial savings if they are eligible to switch to a better network tariff.

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  • In the third and last article in this series, we look to demystify the economic specifics of an investment in solar power. This time, we look at coverage of a solar package and what it means to invest in a Power Purchase Agreement (PPA).

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