As you may know, every quarter NSW Business Chamber survey our members across the state, big and small and in every industry sector, to determine the challenges that face the private sector. Alongside the problem of access to skilled staff, the number one challenge for SMEs is the surging cost of power. NSW Business Chamber lobby to fix the underlying policy deficiencies that are causing this problem, but we also discovered along the way that about 80% of all businesses seem to be paying more for their power than they need to. This is a shocking finding and largely results from the fact that energy retailers appear to be making their bills obscure so that SMEs have no hope of being able to compare the offers in the market and find the best deal.
So, NSW Business Chamber decided to intervene to solve the immediate problem for businesses in NSW, they created a genuine not-for-profit energy comparison service to help SMEs find the very best deal in the market. This new service is free to use and available to any business (whether they are members or not). In just 8 weeks since it was launched, over 1,200 SMEs have saved over $1.3m on their projected annual power bills, with some saving in excess of $20,000 per annum.
To help businesses (small and large), business owners, staff and consumers make the saving, we:
- find out what they could save
- take care of the switch; and
- help them stay on a competitive energy contract.
The key message I would like to share with you is that it is the trusted Chamber brand that differentiates us from the rest of the market.
In just the last week, 127 leads have been generated by Local Chambers, identifying an estimated lump sum savings (per annum) of $41,230 for their members.
Of note, a member called Terazza Chatswood identified $4,423 per annum in savings, thanks to the Chatswood Chamber of Commerce referring them to the service. We’ll work with Terazza Chatswood and the Chatswood Chamber of Commerce to help them build a case study to promote this great story.
I’d also like to welcome the following Chambers as partners:
- Milton Ulladulla Business Chamber
- Moss Vale & Rural Chamber of Commerce
- Orange Business Chamber
- Shellharbour City Business Chamber
- Sutherland Shire Business Chamber
- Sydney East Business Chamber
- Wyong Regional Chamber of Commerce
This program rewards your Chamber while delivering real savings to members (and potential members), and we will even call your members for you to tell them about the new service if you would like us to. To get on board, please direct your initial enquiry to your Regional Manager or Grant Payne, Dan Farmer, Tim Haddow or Joel Dobrogosz.