TTEG is offering QHA members a complimentary review of their electricity contract and network tariff to help identify potential savings opportunities.
With electricity prices currently at four-year lows and new network tariffs being rolled out across Queensland, now is an ideal time to review your electricity arrangements to ensure your business is on the most cost-effective tariff and the best available market rates.
While many businesses focus on securing competitive energy rates, network charges can account for a significant portion of an electricity bill. As a result, being on the wrong network tariff can erode savings achieved through energy procurement.
Favourable market conditions
Electricity market conditions are currently favourable for businesses approaching contract renewal. Forward market pricing has softened considerably over recent months, creating opportunities for businesses with contracts expiring in late 2026 or during 2027 to secure competitive pricing.
Next Steps
By reviewing your electricity contract and network tariff together, you can ensure you are taking full advantage of current market conditions and not leaving potential savings on the table.
If you would like to review your hotel’s energy strategy or explore potential cost-saving opportunities, contact TTEG for a free energy assessment by reaching out to Jordan Manning, Senior Energy Consultant, on call 0425 983 338 or email jmanning@tteg.com.au.
