EMPTY BUILDINGS = LOWER ENERGY COSTS?
It’s no secret that the COVID-19 pandemic has impacted people and the economy around the world in many different ways; but there is an energy-related cost that some businesses across Western Australia, might be unaware of and this relates to the underlying Western Power Network charges associated on some sites under a contracted supply.
This means, that although many hotels, restaurants, commercial buildings, shopping centres, schools, and universities, are consuming less energy than usual (due to unplanned closures), their monthly energy costs could remain high despite lower consumption.
At HFM, we know that many companies are unaware of this issue, and some of them might only become aware of it when they receive their next energy bill), for this reason we started working on a solution for this issue since the temporary closure of businesses started happening across Western Australia (March 2020).
Why chose HFM to help?
Firstly, we offer this on a no success, no fee basis.
Not every business will be able to access this opportunity, but you won’t know unless someone reviews the underlying structure and data of the supply.
HFM Asset Management has a track record of securing the best electricity and gas rates for our clients; for over 17 years our experienced consultants and data analysts have been helping them save millions of dollars combined.
Our team has inherent knowledge about the Energy Market in Western Australia, for this reason we started raising red flags to our clients about the additional charges they would likely be facing given the temporary shut downs (as a response to the pandemic), and we developed a new service to help them prevent this from happening.
In the last couple of weeks, our consultants have been helping some of our clients across various sectors review their existing contracts and further reduce their potential energy costs, these are some of our results from this service so far:
- 4-Star Hotel: $2,500 monthly savings
- Suburban Bar/Restaurant facility: $3,270 monthly savings
- A group of hospitality venues: $14,000 monthly savings