Termina: Energy Management Solutions for Business Cost Reduction

FAQ

1. Why is a business electricity price comparison important, especially now?

Energy costs significantly impact a company's profitability, particularly in industries like construction, hospitality, healthcare, and retail that use substantial electricity. With rising energy prices and a growing emphasis on sustainability, businesses need to actively manage their electricity costs to stay competitive and improve their bottom line.

2. How does Termina's approach to energy management differ from a simple price comparison platform?

Termina offers a holistic energy management solution, not just a price comparison. It leverages group buying power to secure below-market prices and provides ongoing insights into energy consumption. This helps businesses identify inefficiencies, optimize usage, avoid peak costs, and implement strategies for long-term cost reductions and streamlined operations.

3. Can you provide examples of how Termina has helped businesses reduce energy costs and emissions?

Yes. Duratec, a construction company, reduced energy usage by 14% and overall emissions by 20% by gaining detailed energy insights, comparing electricity prices, identifying inefficiencies, and choosing Greenpower options. Betty's Burgers saved an average of $2300 per location across over 50 locations, and 12 hours of admin per month, by streamlining account transfers through Termina's automated site management platform. Baker's Delight reduced energy costs and emissions by modeling oven replacements using Termina's tools. Coffee Club saved more than $100,000 with Termina as well.

4. How does Termina tailor its energy management solutions to different industries?

Termina understands that energy needs vary across industries. Its platform offers tailored solutions for construction (managing energy across multiple sites), hospitality (tracking energy use and reducing peak hour costs), healthcare (cost-effective and reliable energy plans), and retail (simplifying energy management across multiple locations). By offering industry-specific solutions, Termina ensures that each business's energy strategy is optimized for its unique requirements.

5. What is "group buying power" and how does Termina use it to benefit businesses?

Group buying power refers to the ability to negotiate better rates with energy providers by pooling together the energy demands of many different sites. Termina leverages this by combining hundreds of sites across Australia, allowing them to secure savings typically reserved for larger enterprises. This gives smaller and medium-sized businesses access to more competitive energy rates.

6. How does Termina's business model differ from traditional energy brokers?

Termina operates on a commission-free model, meaning their only incentive is to lower your costs. Traditional brokers may prioritize their own commissions when recommending energy plans. Termina is committed to the business’s long-term success, demonstrated through comprehensive energy insights and ongoing optimization tools, further differentiating itself from traditional brokers.

7. What types of insights into energy data are available to businesses on Termina's platform?

The Termina platform provides detailed energy insights that enable businesses to compare electricity prices, identify inefficiencies, automate energy data capture, and make better energy decisions. It also automates account administration, like opening and closing sites, saving significant time and resources. The platform offers visibility into energy usage, enabling businesses to monitor and optimize consumption.