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$22,000 per annum energy spend reduction for Gibbens Real Estate Group

Case Studies Real Estate

Gibbens Real Estate Group saw its energy spend reduced by a total of $22,000 per annum after Energin (formerly known as Leading Edge Energy) contracted their energy rates early.

Going to tender on the wholesale market is a surefire way to lock in rates that are cheaper than on-demand.

Energin (formerly known as Leading Edge Energy)’s consultants constantly monitor the National Energy Market, which allows us to identify the best time to go to tender to secure the most competitive rates.

By contracting early, we managed to reduce the energy spend at their Wyong branch by $14,000 per year.

We also reduced their spend by $8,000 at their West Gosford site, by contracting rates early.

Tariff changes

Energin (formerly known as Leading Edge Energy) assisted in moving one of the Gibbens’ sites off a demand tariff because their consumption had changed significantly. This saved 44% on charges at the site.

Retroactive contracts

Lisarow site 2 – We assisted with setting up a new energy contract after a tenant exited during their contract period. Energin (formerly known as Leading Edge Energy) assisted with getting a tariff change approved and getting new energy rates applied retroactively. This saved Gibbens Real Estate Group $2,100 and $700 per month ongoing.

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