Australian university saves over $1.7M in Electricity & Gas

Client
Confidential (University)
Sector
Education
Location
Perth, Western Australia
Energy Consultant
HFM Asset Management Pty Ltd
Facility Management Strategy meeting

Summary of the Project

HFM was recently involved in the Electricity & Gas Procurement process for a well-known Australian University across their various sites in Perth. As a result of this process, it is forecasted that our client will save over $1.7 Million in a 3-year period, compared to their previously existing electricity and gas contracts.

Goal

The main objective of this project was to undertake the tender specification, analysis, recommendation and tender evaluation for the Electricity and Gas provision to this University for a 3-year period.

Process

This project was undertaken in 2 phases, as follows:

  • Phase 1: Data review and tender
  • Phase 2: Transition and Account setup

Results

As a result of this project, a forecast based on the historical data of this client, over the 3-year period the client will benefit from combined savings of $1,705,085.
Since 2003, we’ve been transforming buildings across Australia into efficient, economic and compliant assets for our clients.
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