TQ launches group energy procurement tender to help members reduce electricity costs

Timber Queensland is proud to announce the launch of a 2021 group energy procurement tender for members at a time when the wholesale market remains low.

Launched in conjunction with fellow association, the Waste & Recycling Industry of Queensland (WRIQ), and run by Choice Energy, the group energy procurement tender will help to directly assist Queensland members to leverage the power of group buying for their electricity contracts.

A group energy procurement tender involves negotiating competitive rates by optimising the group buying power of a collective of business energy contracts and taking them to market. Typically, this activity results in better energy agreement opportunities for all parties.

Choice Energy recently helped 41 member hotels of the Australian Hotels Association (SA) save an additional 15% on the total contracted agreements than if secured on an individual basis.

The Timber Queensland group tender will be run in conjunction with fellow Queensland industry association WRIQ, the peak industry body in Queensland for waste and recycling.

Choice Energy has a long history supporting the timber industry, working alongside Timber Queensland for several years now. Choice Energy currently works with a range of timber businesses to reduce costs and footprint including Timber Queensland members across processing, wholesaling and fabrication sectors.

Find out more:

An information webinar will be held on Tuesday 4 May with registrations for the tender closing on Friday 14 May.

To register for the group tender and webinar businesses can contact David Perry at david@choiceenergy.com.au or on 0416 135 160.

Quotes attributed to Clarissa Brandt, TQ Strategic Relations & Communications Manager:

“In late 2019 Timber Queensland engaged Choice Energy to run a group energy tender for members, maximising the power of the collective to deliver superior individual benefit.

“Choice Energy was able to produce some sensational savings for businesses based in the Energex region of Queensland including a softwood sawmill business member who was expected to save $144,834 in comparison to their previous three-year electricity retail contract.

“A hardwood sawmilling and manufacturing member was also expected to save $140,900 in comparison to their previous two-year electricity retail contract.”

Quotes attributed to Choice Energy CEO Christopher Dean:

“Energy costs are a significant challenge for timber businesses, especially those in Queensland, which is home to some of the most expensive network tariffs nationally and one of the most complex energy markets.”

“While the National Electricity Market remains quite low in comparison to 12 months ago, it provides the perfect opportunity for businesses to take advantage of the group buy and very low rates”

“We look forward to working with Timber Queensland to help leverage group buying power to secure members competitive energy rates.”