Termina Energy Management FAQ

1. What is Termina and how does it simplify energy management?

Termina is an energy management platform designed specifically for property owners with multiple locations and meters. It streamlines the process of managing energy bills, tenders, and contracts, saving you time and money. Termina automates tasks such as tendering, price comparison, and contract tracking, eliminating the need for manual management and reducing the risk of overpaying for energy.

2. How does Termina help with tendering and price comparisons?

Termina automates the tendering process, comparing prices from various energy retailers across all your locations. This ensures you always secure the most competitive rates without manually reviewing multiple offers. The platform also tracks price changes and ensures retailers adhere to their contract terms, preventing overcharges and ensuring you consistently benefit from the best prices.

3. How does Termina handle multiple meters and different price structures?

Termina consolidates all your energy accounts, regardless of the meter type or price structure, into a single, easy-to-manage dashboard. This allows you to track consumption, compare costs across locations, and identify areas for optimization.

4. Does Termina change my existing accounting or billing process?

No, your billing process remains the same. Termina integrates with your existing system, allowing you to receive bills as usual. You can choose to receive individual bills, a single collective invoice, or opt for direct debit payments for greater convenience.

5. I already use an energy broker. How is Termina different?

Unlike brokers who often prioritize plans with higher commissions for themselves, Termina operates on a savings-split model. This means their primary goal is to maximize your savings, ensuring you get the best possible deal. Additionally, Termina provides a comprehensive dashboard for monitoring all your energy accounts in one place, offering greater control and transparency than a traditional broker.

6. I keep all my energy accounts with one retailer. Why would I need Termina?

Consolidating with one retailer may appear convenient, yet energy rates vary by region. Termina guarantees the lowest prices by comparing all market offers while simplifying billing and communication for a seamless experience

7. My procurement team already handles energy contracts. How can Termina help?

Termina serves procurement managers by automating energy cost tracking and spend analysis, reducing manual data entry, preventing price discrepancies, and flagging contract renewals, enabling teams to concentrate on strategic initiatives

8. How does the savings-split model work? Does sharing savings cost me more?

Termina leverages group buying power to obtain below-market rates, ensuring you pay less than if managing energy contracts alone, aligning their success with your savings.

Termina is an energy management platform designed to help businesses optimize their electricity and gas expenditures.

Termina By leveraging group buying power and advanced analytics, Termina ensures clients consistently benefit from the most competitive energy rates available.

Solutions

Small Business
Large Business
Reduce Usage
Reduce Emissions

Termina Energy Management FAQ

1. How does Termina help businesses achieve sustainability?

Termina helps businesses reduce emissions while reducing costs. The platform allows you to track energy use, structure and connect energy data for carbon accounting, and automate optional green power plans, all while reducing energy costs. By providing insights into energy consumption and offering cost-effective green energy options, Termina empowers businesses to reach net-zero goals without breaking the bank.

2. What types of energy sources does Termina support?

Termina consolidates energy accounts across electricity, gas, LPG, and embedded networks. This comprehensive approach ensures that businesses can manage all their energy sources efficiently in one platform, regardless of their location or energy mix.

3. How does Termina's pricing work?

Termina operates on a saving-split model. The platform itself is free to use. Termina identifies potential savings in your energy bills and shares a portion of those savings with you. If no savings are found, there is no cost to you. This ensures that Termina's interests are aligned with yours – to reduce your energy costs.

4. What if I already use an energy broker?

Unlike traditional brokers who earn commissions from energy companies, potentially influencing their recommendations, Termina's saving-split model prioritizes finding the best savings for your business. Additionally, Termina offers a comprehensive dashboard to monitor all your energy sites, providing greater control and visibility than a typical broker.

5. What are the benefits of using Termina over keeping my energy accounts with a single retailer?

Energy companies may offer competitive rates in certain areas, but consolidating locations with one retailer can result in unfavorable pricing. Termina compares market offers to ensure each site receives the lowest rates while simplifying billing and communications

.6. How does Termina handle existing energy contracts with large bills?

Termina offers a dashboard to compare usage and spending across sites, eliminating manual data entry. It tracks contract expiry dates, preventing default to higher prices and ensuring optimal rates.

7. How does Termina benefit procurement teams already managing energy contracts?

Termina aids procurement managers by simplifying energy cost tracking and eliminating manual data entry, ensuring stable energy prices and allowing teams to concentrate on essential tasks

.8. Does sharing savings with Termina mean higher costs for my business?

Termina utilizes its group buying power to obtain below-market prices, resulting in lower energy costs for partners. You gain savings and expertise without extra expenses.

Termina is an energy management platform designed to help businesses optimize their electricity and gas expenditures.

Termina By leveraging group buying power and advanced analytics, Termina ensures clients consistently benefit from the most competitive energy rates available.

Solutions

Small Business
Large Business
Reduce Usage
Reduce Emissions

Retail Energy Management FAQ

What is Termina?

Termina is an energy management platform designed specifically for retail businesses. It simplifies energy management by automating tendering, centralizing data, and providing continuous monitoring to help retailers optimize energy consumption and reduce costs.

How does Termina help retailers save money on energy?

Termina leverages group buying power to negotiate better-than-market rates for electricity, gas, LPG, and embedded network services. Its automated system constantly checks the market for better deals and switches retailers to ensure businesses always have the lowest possible rates.

How much can retailers expect to save with Termina?

Retailers using Termina achieve an average energy saving of 7.4%. Multi-site groups can save an average of $24,900 annually.

Does Termina integrate with existing accounting and billing processes?

Yes, Termina integrates seamlessly with existing processes. Billing remains unchanged, and Termina can even set up collective invoices, direct debits, or other customized options to suit your needs.

What if my business already has energy contracts in place?

Termina can still be beneficial even with existing contracts. Its dashboard provides a centralized view of energy usage and spending across all sites, helping you compare performance and identify areas for improvement. Termina also tracks contract expiry dates and automatically flags them for tendering to avoid accounts defaulting to higher, non-contract rates.

What happens if Termina doesn't find any savings for my business?

Termina operates on a shared savings model. If no savings are achieved, the service is completely free. You only pay when Termina successfully reduces your energy costs.

How does Termina's approach differ from using an energy broker?

Unlike brokers who receive commissions from energy companies, potentially creating a conflict of interest, Termina's focus is solely on maximizing your savings. Its transparent shared savings model ensures alignment with your goals.

Is Termina only beneficial for businesses with multiple locations?

While Termina offers significant advantages for multi-site retailers, it can also benefit single-location businesses by providing valuable insights into energy usage, identifying potential savings, and streamlining the energy management process.

Termina is an energy management platform designed to help businesses optimize their electricity and gas expenditures.

Termina By leveraging group buying power and advanced analytics, Termina ensures clients consistently benefit from the most competitive energy rates available.

Solutions

Small Business
Large Business
Reduce Usage
Reduce Emissions

Termina Energy Savings for Franchisees: FAQ

1. How does Termina help franchisees save on energy costs?

Termina leverages the collective buying power of thousands of franchise locations to negotiate better-than-market rates for electricity, gas, LPG, and embedded networks. Their saving-split model ensures franchisees get the lowest possible prices, even after accounting for Termina's share. The more franchisees join, the stronger the bargaining power, leading to even better rates.

2. What are the key benefits of using Termina for energy management?

Termina offers several benefits, including:

• Lower energy rates: Group buying power secures below-market rates.
• Automatic price protection: Termina automatically switches providers to avoid price increases, ensuring consistent savings.
• Simplified energy management: Consolidated billing and account management for all energy types and locations.
• Data-driven insights: Analytics dashboards provide detailed energy usage breakdowns for better cost control.
• Streamlined procurement: Automated tendering and contract management free up time for other tasks.

3. Does Termina handle all types of energy sources?

Yes, Termina manages electricity, gas, LPG, and embedded network energy contracts.

4. How does Termina's saving-split model work?

Termina negotiates the best possible energy rates and splits the savings with the franchisee. Even with this split, the final price is still lower than market rates.

5. What if I already use an energy broker?

Brokers typically receive commissions from energy companies, potentially influencing their recommendations. Termina's saving-split model prioritizes maximizing savings for franchisees. Additionally, Termina's dashboard offers greater transparency and control over energy usage across all locations.

6. Is Termina suitable for large franchisees with existing energy contracts?

Yes, Termina's dashboard helps track energy usage and spending across all locations, regardless of existing contracts. It also automatically flags contract expiry dates, ensuring timely renegotiations to avoid higher default rates.

7. Will my accounting and billing processes change with Termina?

No, Termina maintains your existing billing processes. You can continue with individual invoices, opt for a single collective invoice, or choose other preferred payment methods.

8. How do I get started with Termina?

You can request a free estimate on Termina's website to explore potential savings and discuss your franchise's specific energy needs.

Termina is an energy management platform designed to help businesses optimize their electricity and gas expenditures.

Termina By leveraging group buying power and advanced analytics, Termina ensures clients consistently benefit from the most competitive energy rates available.

Solutions

Small Business
Large Business
Reduce Usage
Reduce Emissions

Termina FAQ

How does Termina work?

Termina finds and keeps you on the best electricity rates from all 37+ energy retailers, unlike comparison sites that only work with 6-7. They compare every offer with your usage and leverage their group buying power to get you better-than-market prices.

How does Termina make changes to my energy account?

Termina acts as the authorized representative on behalf of your business, but they will never make any changes to your accounts without your explicit confirmation.

What do I have to do?

All you have to do is send Termina your latest bills. They handle all the switching, so you have zero work to do. You get one supplier that gives you the best price every month.

How does the switch work?

Once Termina links with your account, they will let you know when a cheaper rate is available. Then, they will make the switch for you, so you have peace of mind knowing you are always on the best rate.

Is Termina paid by retailers?

No, unlike comparison sites, Termina is not paid by retailers. Their software works across the whole market, so you get the best rates available. Termina makes money from a portion of your savings, so they are motivated to save you as much as possible.

How am I invoiced?

Termina will send you one simple invoice every month for your electricity supply and their monthly 'review and switch' service. You can choose to pay via a monthly invoice or automatic direct debit, which some retailers offer discounts for.

Am I locked into any contract?

No, all small business plans have no lock-in contracts. You can stop the service or change retailers at any time. Termina guarantees the best price, but if you find a better one, let them know, and they will switch you over.

Will my supply be impacted during the switch?

No, your energy supply will never be impacted when moving accounts.

Termina is an energy management platform designed to help businesses optimize their electricity and gas expenditures.

Termina By leveraging group buying power and advanced analytics, Termina ensures clients consistently benefit from the most competitive energy rates available.

Solutions

Small Business
Large Business
Reduce Usage
Reduce Emissions

Termina Energy Savings FAQ

How does Termina help me save money on my energy bills?

Termina analyzes your energy usage and finds the best electricity rates from over 37 energy retailers, using group buying power to negotiate better-than-market prices. Unlike comparison sites that only show a limited number of retailers, Termina works with the entire market to ensure you get the absolute lowest rate.

Do I need to install any hardware to use Termina?

No, Termina does not require any hardware installation. It integrates with your existing energy accounts and provides real-time monitoring and analysis through its online dashboard.

How does Termina make changes to my energy account?

Termina acts as an authorized representative on behalf of your business after you provide consent. They will only switch your energy supplier after you explicitly confirm the change, ensuring you are always in control.

What do I need to do to get started with Termina?

Simply send Termina your latest energy bills, and they will handle the rest. They will analyze your usage, find the best rates, and manage the switching process, requiring zero effort from your side.

Does Termina receive commissions from energy retailers?

No, Termina does not receive any commissions from energy retailers. Their business model is based on sharing a portion of the savings they achieve for you. This alignment of incentives ensures they are motivated to save you as much money as possible.

How does Termina bill me for their services?

Termina sends you one simple monthly invoice that includes both your electricity supply charges and their monthly service fee for reviewing and switching your energy plan to maximize savings. You can choose between a monthly invoice or automatic direct debit payment.

Am I locked into any contracts with Termina or the energy retailer?

No, Termina does not lock you into any contracts. You are free to stop the service or change energy retailers at any time. They guarantee the best price, and if you find a better deal elsewhere, they will help you switch immediately.

Will my energy supply be interrupted during the switching process?

No, your energy supply will never be interrupted when switching energy accounts. Termina ensures a seamless transition to your new supplier, guaranteeing uninterrupted service.

Termina is an energy management platform designed to help businesses optimize their electricity and gas expenditures.

Termina By leveraging group buying power and advanced analytics, Termina ensures clients consistently benefit from the most competitive energy rates available.

Solutions

Small Business
Large Business
Reduce Usage
Reduce Emissions

Termina Energy Savings FAQ

What is the main difference between Termina and its competitors?

Termina provides a single platform to manage all aspects of your business energy, simplifying the process. It seamlessly integrates with any energy supplier, fuel type, and contract, while consolidating data and billing information. Unlike other platforms, Termina doesn't limit you to using their prices; you can leverage the platform even with existing contracts. Their unique revenue model aligns their interests with yours – they earn a portion of the savings they generate for you, so their focus is on maximizing your savings.

What data from my energy bills is collected and validated by Termina's software?

Termina automatically gathers every data point from your energy bills, displaying it in a comprehensive dashboard. This data provides valuable insights into your energy usage and spending, aiding in financial, operational, and environmental reporting. The software validates each bill for overlaps and price fluctuations to minimize errors, ensuring accurate data representation.

How long does it take for Termina to process and validate invoices before sending them to my finance system for payment?

On average, it takes 8.2 hours, and this timeframe is continuously decreasing thanks to Termina's focus on improving its technology. This speed ensures a streamlined payment process.

How does Termina's dashboard help me better manage my business's energy consumption?

Termina's dashboard offers several valuable features:

• Usage and Spend Insights: Analyze breakdowns by various timeframes (day, week, month, etc.) and compare usage and spend across meters, venues, and locations. You can also identify top-consuming stores and uncover abnormal usage patterns.
• Real-time Budget Management: Model budgets instantly based on historical data and track your energy costs against these budgets in real time. This allows you to proactively manage your energy spending and avoid exceeding your budget.
• Appliance Scheduling and Alerts: Monitor appliance schedules to ensure equipment runs only when needed. Receive alerts for abnormal energy usage, enabling you to identify and address potential issues promptly.

Does Termina offer a savings guarantee?

Yes, Termina is so confident in their ability to save you money that they offer a money-back guarantee if they don't deliver on their promise.

What procurement options does Termina provide?

Termina offers both progressive and fixed procurement options, allowing you to choose the method that best suits your organization's risk profile and needs. They also provide bill price validation, ensuring you always get the best possible rates.

Does Termina work with any energy retailer?

Unlike comparison sites or brokers that may receive commissions from specific energy retailers, Termina is not incentivized to promote any particular supplier. They work with ANY retailer, giving you the freedom to choose the best option for your business.

Termina is an energy management platform designed to help businesses optimize their electricity and gas expenditures.

Termina By leveraging group buying power and advanced analytics, Termina ensures clients consistently benefit from the most competitive energy rates available.

Solutions

Small Business
Large Business
Reduce Usage
Reduce Emissions

Termina Energy Savings FAQ

How does Termina work?

Termina helps businesses save money on their energy bills by automatically comparing rates from over 37 energy retailers and switching them to the best deal each month. They leverage group buying power to negotiate better-than-market prices.

How does Termina make changes to my energy account?

Termina acts as the authorized representative for your business after you provide consent. They will never make changes to your energy accounts without your explicit confirmation.

Do I have to do anything?

Once you send your latest energy bills, Termina handles the rest, including switching you to the best rates. You don't need to do any additional work.

Is Termina paid by retailers?

No, unlike other energy comparison sites, Termina is not paid by energy retailers. Instead, their revenue comes from a portion of the savings they generate for you. This ensures they are always motivated to find the best possible rates for your business.

How am I invoiced?

Termina sends you one simplified invoice each month, covering both your energy supply and their monthly review and switch service. You can choose to pay via monthly invoice or automatic direct debit, which some retailers offer discounts for.

Am I locked into any contract?

No, all small business plans with Termina have no lock-in contracts. You can stop the service or change retailers at any time. They guarantee the best price, so if you find a better deal elsewhere, they will switch you immediately.

What is the main difference between Termina and its competitors?

Termina offers a one-stop platform to manage all your energy needs. They connect to any supplier, fuel type, and energy contract, centralizing all data and billing. Their unique revenue model, based on shared savings, ensures their interests align with yours, unlike energy retailers or brokers who may prioritize their profits over your savings.

What insights does the Termina dashboard provide to help me manage my utilities?

Termina's dashboard provides detailed usage and spend breakdowns, allowing you to:

• Analyze usage and spend by different timeframes (month, week, day, etc.)
• Compare energy usage and costs across meters, venues, states, or suburbs
• Identify abnormal energy usage patterns
• Model energy spend for specific appliances
• Track your energy costs against your budget in real-time
• Monitor appliance schedules and receive alerts for abnormal usage

Termina is an energy management platform designed to help businesses optimize their electricity and gas expenditures.

Termina By leveraging group buying power and advanced analytics, Termina ensures clients consistently benefit from the most competitive energy rates available.

Solutions

Small Business
Large Business
Reduce Usage
Reduce Emissions