Next Business Energy https://nextbusinessenergy.com.au/ Because your business deserves better Wed, 09 Apr 2025 00:58:37 +0000 en-AU hourly 1 https://wordpress.org/?v=6.8.1 https://nextbusinessenergy.com.au/wp-content/uploads/2023/08/cropped-fav-icon-32x32.jpg Next Business Energy https://nextbusinessenergy.com.au/ 32 32 Understanding Climate Reporting Compliance: What Businesses Need to Know in 2025 https://nextbusinessenergy.com.au/blog/climate-reporting-compliance/ Wed, 16 Apr 2025 00:54:11 +0000 https://nextbusinessenergy.com.au/?p=11431 From 1 July 2024, mandatory climate-related financial disclosures are being introduced in Australia. This marks a critical shift in how companies must report and address their environmental impacts. Businesses can no longer afford to treat sustainability as a side issue—climate risk is now a key part of financial and operational reporting. As a result, businesses […]

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From 1 July 2024, mandatory climate-related financial disclosures are being introduced in Australia. This marks a critical shift in how companies must report and address their environmental impacts. Businesses can no longer afford to treat sustainability as a side issue—climate risk is now a key part of financial and operational reporting. As a result, businesses of all sizes should prepare for stricter compliance standards, transparency expectations, and data accuracy obligations.

This blog unpacks what these new regulations mean, who they affect, and how your business can prepare for climate reporting and broader energy compliance obligations in 2025.


Why Is Climate Reporting Changing?

The changes are driven by the Australian Government’s commitment to net zero by 2050 and growing investor, customer, and regulator demand for transparency around climate risk. According to ASIC’s recent media release 24-205MR, the new reporting regime aims to “improve the quality and comparability of climate-related financial disclosures” and ensure that investors are well-informed about the risks and opportunities associated with climate change.

For businesses, this means climate data and reporting need to meet the same level of rigour as financial disclosures—clearly stated, well-documented, and auditable.


Who Will Be Affected?

The rollout will begin with Australia’s largest companies and financial institutions, with smaller entities gradually brought into the framework. The staged implementation is aligned with global standards, such as the International Sustainability Standards Board (ISSB) climate disclosure framework, and will include:

  • Mandatory reporting for large companies based on revenue, asset size, and number of employees
  • Reporting on Scope 1 and 2 emissions, and eventually Scope 3 (supply chain and value chain emissions)
    Climate governance and strategy disclosures, including how boards oversee climate risk

Even if your business is not immediately affected, it’s wise to start preparing now. Suppliers, partners, and lenders may begin requiring climate data well before regulations catch up with you.


What Must Be Reported?

Mandatory disclosures will include both qualitative and quantitative climate information, such as:

  • Governance processes for managing climate-related risks
  • Actual and potential impacts of climate-related risks and opportunities on the business model, strategy, and financial planning
  • Greenhouse gas emissions data (Scope 1, 2, and eventually Scope 3)
  • Climate-related targets and performance
  • Scenario analysis and climate resilience assessments

According to ASIC, disclosures should be “clear, accurate and not misleading”—which means greenwashing or vague statements will not suffice.


Key Challenges for Businesses

Preparing for climate reporting introduces a number of challenges:

  • Data collection: Many businesses are not yet equipped to track emissions accurately or consistently.
  • Systems and governance: Reporting requires collaboration across finance, operations, legal, and sustainability teams.
  • Risk of penalties: Failing to report or making misleading claims could lead to regulatory enforcement and reputational damage.
  • Rising expectations from stakeholders: Investors, customers, and employees increasingly expect companies to have a credible climate strategy.

How to Prepare

Here are practical steps your business can take now to stay ahead:

1. Assess Your Reporting Readiness

Begin with a gap analysis. What data do you currently collect? What systems are in place for tracking energy use or emissions? Can you report Scope 1 and 2 emissions now?

If you don’t yet have data processes in place, start simple: begin tracking energy usage via smart meters, reviewing past bills, and engaging internal teams in climate data awareness.

2. Establish Governance Structures

Climate reporting must be embedded into existing governance frameworks. Appoint a climate risk lead or working group responsible for managing reporting obligations and integrating them into broader corporate governance and financial strategy.

3. Engage with Energy Experts

Work with an energy retailer, sustainability consultant, or emissions auditor to establish a robust reporting process. Tools such as energy audits and smart meters not only support compliance—they can also identify cost savings and efficiency opportunities.

4. Integrate Reporting with Broader Sustainability Strategy

Use mandatory compliance as an opportunity to strengthen your sustainability goals. Climate disclosure is not just about regulation—it also opens the door to better risk management, competitive differentiation, and long-term financial performance.


ASIC’s warning is clear: businesses need to start preparing now. These aren’t optional initiatives or marketing buzzwords. Climate-related disclosures will soon become an integral part of financial reporting in Australia, and those who fail to prepare risk being left behind.

By taking proactive steps today—such as improving data visibility, strengthening governance, and seeking expert support—your business can not only meet its regulatory obligations, but also build trust with stakeholders and future-proof its operations.

If you’re unsure where to start, reach out to a trusted energy partner like Next Business Energy. We can help you assess your current energy performance, reduce your emissions profile, and put the systems in place for successful climate reporting—well ahead of the deadline. 

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How to Offset Your Business Against Rising Energy Costs https://nextbusinessenergy.com.au/blog/offset-your-business-against-rising-energy-costs/ Wed, 09 Apr 2025 00:52:14 +0000 https://nextbusinessenergy.com.au/?p=11427 Australian businesses are facing a new era of volatile and rising energy prices. Wholesale electricity costs have surged dramatically – by around 140% since early 2021 – due to a perfect storm of global and domestic factors​. Higher coal and gas prices (exacerbated by international supply shifts and local supply disruptions) and unplanned outages at […]

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Australian businesses are facing a new era of volatile and rising energy prices. Wholesale electricity costs have surged dramatically – by around 140% since early 2021 – due to a perfect storm of global and domestic factors​. Higher coal and gas prices (exacerbated by international supply shifts and local supply disruptions) and unplanned outages at aging coal-fired plants have squeezed supply and driven prices up​. These market trends threaten to inflate operating expenses for businesses across industries. To remain competitive, organisations must offset their operations against energy cost hikes. This means taking strategic action now to understand and manage energy use. 

Rising Energy Prices: The New Normal

Energy market analysts warn that elevated prices may persist amid the transition to cleaner energy and ongoing supply challenges. While extreme jumps like those of 2022 may stabilise, electricity prices remain higher than historic averages and are subject to spikes​. Notably, wholesale prices comprise roughly one-third of a typical electricity bill​, so wholesale market volatility quickly trickles down to businesses. Factors driving up costs include:

  • Global Fuel Markets: Australia’s energy prices are increasingly linked to global fuel costs. For example, as countries curbed Russian fossil fuel imports in 2022, demand (and prices) for coal and natural gas from other sources soared​. Australian generators faced coal prices several times higher than before, pushing generation costs up.
  • Aging Infrastructure: Many coal-fired power stations are 40+ years old. Unplanned outages and maintenance issues are growing more frequent​. Each outage constrains supply and tends to spike spot prices. In winter 2022, simultaneous outages at major plants contributed to record-high wholesale electricity rates.
  • Extreme Weather: Floods and heatwaves can disrupt energy production and increase demand. For instance, flooding in mining regions has interrupted coal supply lines​. Hot summers drive heavy air-conditioning use, straining the grid. These events add upward pressure on prices.

The bottom line: energy costs are trending upward and fluctuating more. Businesses that take a passive “wait and see” approach risk paying a premium. Instead, savvy companies are turning to data and technology to proactively manage their energy consumption. By using smart tools and efficiency measures, you can shield your business from price shocks and even reduce overall energy spend. 

Gaining Visibility: The Role of Smart Meters

A modern digital smart meter provides detailed data on electricity usage, helping businesses identify waste and shift loads to cheaper times. Smart meters are a key technology for understanding and controlling your energy use. Unlike traditional meters that record total usage monthly or quarterly, smart meters digitally track consumption in real-time or at short intervals (e.g. every 30, 15 or 5 minutes)​. In Victoria, which led Australia’s rollout, 99% of meters are now smart-enabled, allowing remote reads and access to interval metering data.

How can smart meters help your business save? By providing granular insight into when and how you use energy, smart meters empower better decision-making:

  • Identify Inefficiencies: With detailed load profiles, you might spot equipment left running after hours or unexpected usage spikes. For example, a factory noted high overnight consumption and discovered an HVAC system was erroneously running 24/7. Eliminating such waste can yield quick savings.
  • Enable Load Shifting: Smart meter data combined with time-of-use tariffs allows you to shift certain energy-intensive tasks to off-peak times when rates are lower. For example, a cold storage facility could precool in the early morning off-peak period, then throttle down during late afternoon peak pricing. Adjusting operations using data can cut costs without affecting output.
  • Support Solar and Storage: If you have on-site solar panels or a battery, smart meters help maximise their value. They measure exports and imports, enabling you to use more of your cheap solar generation. The Australian Energy Market Commission notes that smart meters are “essential for enabling a connected, efficient energy system” that integrates rooftop solar, batteries, and electric vehicles​. Real-time monitoring helps you charge batteries when solar output is high or grid prices low, and discharge when grid prices peak.

Recognising these benefits, regulators are accelerating smart meter deployment. A new rule requires smart meters to be installed for all National Energy Market (ACT, NSW, SA and SE QLD) customers by 2030, meaning a national rollout will commence from late 2025​. If your business doesn’t yet have a smart meter, contacting your energy retailer to install one (often at no cost under current reforms​) is a “smart” step forward by providing a foundation for other cost-saving measures.

Finding Opportunities: Conduct an Energy Audit

Knowledge about your power can unlock big savings. An energy audit is a systematic review of how and where your facilities consume energy. Think of it as a thorough check-up for your building or plant, performed by experts using meters and analysis tools. According to Australia’s government energy department, an energy audit can clarify your company’s energy consumption and identify areas for potential savings​. Often, audits reveal straightforward changes that lead to reduced energy use, improved productivity and even innovation opportunities​.

Many businesses are surprised by the scale of savings uncovered. In fact, it’s not uncommon for a comprehensive audit to find potential energy use reductions of 20–30% or more through cost-effective measures.

Energy Efficiency: Cut Waste, Cut Costs

Armed with data from smart meters and audits, businesses can implement targeted energy efficiency upgrades. Efficiency is the first and most important strategy for taming energy bills long-term. Every kilowatt-hour you don’t use is a kilowatt-hour you don’t pay for. By upgrading to modern equipment and optimising processes, companies can often slash energy consumption without sacrificing productivity – effectively doing the same work with less power. Consider a few high-impact efficiency measures

  • Upgrade Outdated Equipment: Older motors, pumps, refrigeration units, and other machinery tend to guzzle electricity. Replacing aging equipment with energy-efficient models can yield dramatic savings. 
  • Optimise HVAC and Lighting: In commercial buildings, heating, cooling, and lighting are often the biggest energy users. Simple changes can pay off quickly. Switching to LED lighting (which uses ~75% less energy than old incandescent or halogen lamps) is a no-brainer and is often subsidised by rebate programs. Upgrading HVAC systems or adding smart thermostats and sensors to condition spaces only when needed can significantly lower usage. Even inexpensive fixes – like sealing air leaks in ducts or adding insulation – reduce heating/cooling losses and thus energy required.
  • Install Power Management Systems: Automated energy management systems can ensure equipment runs only when necessary. For instance, timers or occupancy sensors can turn off lights and AC in unused areas. Advanced control systems in manufacturing can throttle down machines during idle times. These controls enforce efficient behaviour around the clock, preventing inadvertent waste.
  • Employee Engagement: Don’t overlook the human factor – cultivating an energy-conscious workplace can amplify savings. Encourage staff to power down equipment at day’s end, report energy waste issues, and contribute ideas. Some companies even institute friendly competitions or incentives for teams to reduce energy use, fostering a culture of efficiency. Small behaviour changes, multiplied across an organisation, add up.

Embrace Renewables for Long-Term Resilience

Renewable energy technologies like solar photovoltaics and battery storage have become increasingly accessible and cost-effective for businesses. By producing a portion of your electricity on-site, you reduce reliance on the grid and its volatile prices. Moreover, any surplus power you generate can often be fed back for credits, further offsetting costs.

Solar Power: Australia leads the world in rooftop solar uptake, and businesses are a big part of that story. Installing solar panels on facility roofs or carports can significantly cut daytime electricity purchases.

Battery Storage: Pairing solar with battery storage takes energy resilience a step further. Batteries charge up with surplus solar or off-peak grid power and discharge during expensive peak periods or when solar isn’t producing. This can dramatically reduce peak demand charges and provide backup power during outages. While batteries require upfront investment, prices are falling and incentives are emerging. Early adopters are seeing benefits in smoothing their load profile and avoiding the highest tariff bands. As reliability insurance, batteries also protect against downtime from grid blackouts – a valuable bonus for any business with critical operations.

By leveraging smart meters for data, conducting thorough energy audits, implementing efficiency upgrades, and investing in on-site renewables, you can significantly mitigate the impact of tariff increases. In addition, initiatives like these align with broader sustainability trends, positioning your business as forward-thinking and resilient.

While rising energy costs pose a real challenge, Australian businesses are not helpless. To be a company that will thrive in this high-cost energy environment, take the proactive steps today and partner with Next Business Energy in assessing and implementing energy-savvy and efficient plans.   

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Energy Myths Busted: What Businesses Need to Know https://nextbusinessenergy.com.au/blog/energy-myths-busted/ Tue, 11 Mar 2025 23:00:00 +0000 https://nextbusinessenergy.com.au/?p=11293 When it comes to energy efficiency, there is no shortage of myths and misconceptions. Many businesses continue to operate under outdated assumptions about energy use, which can lead to higher costs and wasted resources. By separating fact from fiction, businesses can make smarter decisions about energy management and unlock real savings. This article will debunk […]

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When it comes to energy efficiency, there is no shortage of myths and misconceptions. Many businesses continue to operate under outdated assumptions about energy use, which can lead to higher costs and wasted resources. By separating fact from fiction, businesses can make smarter decisions about energy management and unlock real savings.

This article will debunk some of the most common energy myths and provide insights on how businesses can take practical steps toward greater efficiency.


Myth 1: Turning Off Appliances Doesn’t Save Much Power

Reality: Even when appliances are turned off, they often continue to draw power. Known as standby power, this energy drain can add up over time—especially in workplaces with multiple computers, printers, and other devices.

According to the Australian Government’s Energy Rating Program, standby power can account for up to 10% of a business’s total energy consumption. The simple act of switching off equipment at the wall when not in use can lead to significant cost savings over a year.

What businesses can do:

  • Use power strips with an off switch to completely cut power to multiple devices at once.
  • Invest in smart power boards, which automatically turn off unused equipment.
  • Encourage staff to shut down computers and appliances at the end of the workday.

Myth 2: LED Lights Aren’t Worth the Investment

Reality: LED lighting is one of the most cost-effective energy upgrades a business can make. While LED bulbs may cost more upfront, they use at least 75% less energy and last up to 25 times longer than traditional incandescent bulbs.

A 2023 report by Sustainability Victoria found that businesses that switched to LED lighting reduced their lighting-related energy costs by 50-80%. The return on investment is often seen within a few months to a year, making it a smart financial decision for any business.

What businesses can do:

  • Replace old fluorescent or incandescent lights with LED alternatives.
  • Install motion sensors or timers to reduce unnecessary lighting in low-traffic areas.
  • Take advantage of government rebates for energy-efficient lighting upgrades.

Myth 3: The Bigger the Appliance, the More Energy It Uses

Reality: While larger appliances can consume more energy, efficiency ratings make a bigger impact on overall usage. A well-rated large fridge or air conditioning unit can use less power than an older, inefficient smaller unit.

For example, modern commercial refrigeration units use up to 50% less energy than older models due to better insulation, compressors, and temperature control. HVAC systems have also become more energy-efficient, with newer models featuring zoning capabilities to cool or heat only the areas that need it.

What businesses can do:

  • Check the energy star rating before purchasing any new equipment.
  • Upgrade old appliances to energy-efficient models to save on long-term costs.
  • Schedule regular maintenance to keep systems running at peak efficiency.

Myth 4: Air Conditioning Should Be Set to the Lowest Temperature for Faster Cooling

Reality: Setting an air conditioner to the lowest possible temperature does not cool a room faster—it only forces the system to work harder and use more energy.

The ideal office temperature for energy efficiency is between 22-24°C in summer. Every degree lower can increase energy consumption by up to 10%.

What businesses can do:

  • Keep air conditioning at energy-efficient temperature settings (22-24°C).
  • Use ceiling fans to circulate air and reduce the cooling load.
  • Close blinds or curtains during peak sun hours to reduce indoor heat buildup.

Myth 5: Leaving Lights On Is Cheaper Than Turning Them Off

Reality: Some businesses still believe that frequently turning lights on and off wears them out faster or uses more energy than leaving them on. However, modern lighting technology is designed for frequent switching and does not consume a significant energy surge when turned on.

A study by the Australian Government’s Energy Efficiency Exchange found that turning off fluorescent lights when not in use reduces energy consumption by 30-50%, with no negative impact on the lifespan of LED or CFL bulbs.

What businesses can do:

  • Implement a lights-off policy for unoccupied rooms and areas.
  • Install motion sensors or automatic timers in storage rooms, bathrooms, and hallways.
  • Educate employees on the importance of switching off lights when leaving a room.

Myth 6: Only Big Changes Make a Difference in Energy Efficiency

Reality: While major upgrades—such as solar panels or energy-efficient HVAC systems—deliver substantial savings, small, everyday actions also add up.

Simple measures like unplugging unused equipment, adjusting thermostats, or maintaining appliances can reduce energy consumption by 5-15% annually.

What businesses can do:

  • Conduct an energy audit to identify small but impactful changes.
  • Train employees to be energy-conscious and implement workplace habits that reduce waste.
  • Take advantage of government incentives for smaller energy upgrades.

Taking the Right Steps for Smarter Energy Use

By challenging these common myths, businesses can take meaningful steps toward lowering energy costs and improving sustainability. Real energy savings come from making informed decisions, whether it’s upgrading to LED lighting, using smart meters, or optimising heating and cooling systems.

Want to know how your business can cut energy costs with real, data-backed strategies? Contact Next Business Energy today for expert advice and tailored energy solutions.

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How Smart Meters Help Businesses Save on Energy Costs https://nextbusinessenergy.com.au/blog/smart-meters-help-businesses/ Fri, 07 Mar 2025 01:42:57 +0000 https://nextbusinessenergy.com.au/?p=11289 Managing energy costs is a crucial aspect of running a business. Without detailed insights into energy usage, it is easy to waste power and pay more than necessary. Many businesses still rely on estimated billing or manual meter readings, which provide little control over consumption patterns. Smart meters are changing the way businesses monitor and […]

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Managing energy costs is a crucial aspect of running a business. Without detailed insights into energy usage, it is easy to waste power and pay more than necessary. Many businesses still rely on estimated billing or manual meter readings, which provide little control over consumption patterns.

Smart meters are changing the way businesses monitor and manage energy use. By providing access to power usage data at a granular lever, and the ability to have an automated meter reading, these advanced meters enable businesses to track their electricity consumption, identify inefficiencies, and make informed decisions to reduce costs.

What is a Smart Meter?

A smart meter is a digital electricity meter that records and records energy consumption data in 5 minute increments, and transmits it daily. Unlike traditional meters, which require manual readings and provide only limited usage insights, smart meters give businesses immediate access to their energy data. This allows for better decision-making and more precise control over energy use.

Smart meters automatically send readings to the energy market, eliminating the need for manual meter readings. Businesses can access detailed energy information from their retailer or via online data providers using the CDR portal. This makes it  easier to track usage trends and identify areas for improvement.

How Smart Meters Reduce Business Energy Costs

Greater Visibility Over Energy Consumption

One of the main benefits of smart meters is the ability to monitor energy usage in 5-minute intervals. Businesses can track when and where energy is being used, helping to pinpoint inefficient practices. Many businesses experience peak energy demand during certain hours, such as the start of the workday when systems are powered on. With a smart meter, businesses can adjust their energy usage to reduce peak demand and associated charges.

For example, a retail store might discover that lighting and air conditioning systems are running long before customers arrive or after they leave. Adjusting these schedules could lead to significant savings over time.

Eliminating Unnecessary Energy Waste

Many businesses waste energy without realising it. Common causes of energy waste include:

  • Office equipment left on overnight or during weekends
  • Inefficient heating, ventilation, and air conditioning (HVAC) systems
  • Unnecessary lighting in unused areas
  • Standby power consumption from appliances left plugged in

Smart meters provide a clear view of energy use patterns, making it easier to identify and eliminate waste. Businesses can use this data to set operational guidelines, such as switching off non-essential equipment outside of business hours.

Reducing Demand Charges

Many commercial energy plans include demand charges, which are based on the highest level of energy usage recorded during a billing period. Even if the peak occurs only briefly, it can significantly impact overall costs.

Smart meters allow businesses to monitor their energy demand. By staggering the use of high-energy equipment or scheduling energy-intensive tasks during non-demand charge hours, businesses can avoid sudden demand spikes and reduce costs.

For example, a manufacturing facility could stagger machinery start-up times instead of powering everything on simultaneously. This approach helps smooth out energy demand and reduces peak charges.

Supporting Sustainability Goals

For businesses looking to reduce their environmental impact, smart meters provide valuable insights into energy efficiency. By tracking their energy use, businesses can set sustainability targets and measure progress.

Smart meters also support the integration of renewable energy sources. Businesses using solar power, for example, can monitor how much energy is generated and when it is being used. This information helps optimise energy consumption, ensuring that as much solar power as possible is used before drawing from the grid.

A business that sees a spike in energy use at certain times of the day may also consider investing in energy storage solutions, such as battery systems, to store excess renewable energy for later use.

The Future of Smart Meter Technology

Smart meters are just one part of a broader shift toward smarter energy management. Businesses that adopt smart meter technology can take advantage of other innovations, such as:

  • Time-of-use pricing – Adjusting energy use to take advantage of lower rates during off-peak hours
  • Energy management systems – Integrating smart meters with automated controls to improve efficiency
  • AI-powered energy optimisation – Using artificial intelligence to analyse energy usage and suggest improvements

As energy costs fluctuate and sustainability regulations become more stringent, businesses that use smart meters will be better positioned to manage expenses and operate more efficiently.

Is It Time to Upgrade to a Smart Meter?

Many businesses may already be eligible for a smart meter upgrade as part of ongoing network upgrades by energy providers. In Victoria, smart meters are standard across all businesses, while in other states, businesses may need to request an installation through their energy retailer.

If you are an existing Next Business Energy customer and would like to upgrade to a smart meter – please click here (https://nextbusinessenergy.com.au/smart-meter-installation-offer/) ​​to request a meter exchange.

For businesses looking to take control of their energy costs, a smart meter is a valuable tool. It provides real-time insights, helps eliminate waste, reduces demand charges, and supports sustainability goals.

To learn more about how smart meters can help your business reduce energy costs, contact Next Business Energy today.

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Off-peak energy usage: How to maximise savings for your business https://nextbusinessenergy.com.au/blog/off-peak-energy-usage/ Wed, 26 Feb 2025 01:52:36 +0000 https://nextbusinessenergy.com.au/?p=11105 Finding ways to cut costs without compromising performance is essential. One strategy that often should be considered is utilising off-peak energy. Businesses can significantly reduce their energy expenses by understanding and leveraging off-peak energy periods.  Keep reading to find out what off-peak energy is, the potential savings it offers, and how to effectively implement an […]

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Finding ways to cut costs without compromising performance is essential. One strategy that often should be considered is utilising off-peak energy. Businesses can significantly reduce their energy expenses by understanding and leveraging off-peak energy periods. 

Keep reading to find out what off-peak energy is, the potential savings it offers, and how to effectively implement an off-peak energy strategy into your business.

What is Off-Peak Energy?

Off-peak energy is when the electricity demand is at its lowest. During these periods, energy companies often charge a lower rate for electricity consumption. These periods typically occur at night, at weekends, or during certain holidays. However, the specific times can vary by region, local energy supplier, and season. You should also be aware that as more solar energy is added to the grid, during the day, power costs are lowering significantly.

The logic behind off-peak pricing is quite simple: lower demand means less strain on the power grid, which can result in reduced costs for both the energy providers and consumers.

Benefits of Off-Peak Energy Usage

Cost Savings

The most significant benefit for businesses is the potential for substantial cost savings. By scheduling energy-intensive operations during off-peak hours, businesses can take advantage of lower energy rates. Over time, these savings can add up to a noticeable impact on the bottom line.

Environmental Benefits

Off-peak energy usage also contributes to sustainability. Lower demand during off-peak hours often means that energy providers can rely more on renewable energy sources, like wind or solar, that might not be sufficient during peak demand. Consequently, shifting energy consumption to off-peak times can align with a business’s environmental goals.

Implementing an Off-Peak Energy Strategy

Analysing Energy Usage Patterns

The first step in implementing an off-peak energy strategy is understanding your business’s energy consumption patterns. Identifying operations or processes that can be moved to off-peak hours requires a clear view of where and when energy is being used.

Shifting Operations to Off-Peak Hours

Not all business processes can be shifted, but some might be rescheduled without affecting productivity or customer service. For example, data backups, manufacturing processes, or building maintenance might be scheduled during off-peak times.

Technologies to Automate This Process

Investing in smart technologies can further optimise off-peak energy usage. Smart thermostats, timers, and energy management systems can automatically adjust energy consumption to align with off-peak periods. By leveraging these technologies, businesses can achieve savings without constant manual oversight.

Identifying Areas to Save on Your Business Energy

Off-peak energy usage is an opportunity that many businesses may overlook. Yet, with careful planning, thoughtful strategy, and perhaps a little technological assistance, it offers a tangible way to reduce operating costs and support sustainability.

At Next Business Energy, we are committed to helping businesses find innovative business energy solutions for their energy needs. If you want to learn more about off-peak energy options for your business, contact our team

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10 Signs Your Air Conditioner Needs to be Replaced https://nextbusinessenergy.com.au/blog/signs-your-air-conditioner-needs-to-be-replaced/ Tue, 11 Feb 2025 23:00:00 +0000 https://nextbusinessenergy.com.au/?p=11140 In the sweltering heat of an Australian summer, a fully functioning air conditioner can be more of a necessity than a luxury for businesses. Keeping your workspace cool and comfortable can significantly impact employee productivity and customer satisfaction. However, like all equipment, air conditioners have a finite lifespan. Recognising the signs that your air conditioner […]

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In the sweltering heat of an Australian summer, a fully functioning air conditioner can be more of a necessity than a luxury for businesses. Keeping your workspace cool and comfortable can significantly impact employee productivity and customer satisfaction. However, like all equipment, air conditioners have a finite lifespan. Recognising the signs that your air conditioner needs to be replaced is crucial for maintaining an efficient and cost-effective operation.

Here are ten tell-tale signs that it might be time to consider a new air conditioning unit for your business.

1. Increased Energy Bills

One of the most noticeable signs that your air conditioner may need replacing is a significant increase in energy bills without a corresponding rise in usage. Older units tend to be less efficient and consume more power to provide the same level of cooling as they once did. Upgrading to a new, energy-efficient model can help reduce your energy consumption and save on costs in the long term.

2. Frequent Repairs

If you find yourself constantly calling for repairs, it indicates that your air conditioner is on its last legs. The cost of frequent repairs can quickly add up, making it more economical to invest in a new unit rather than continuing to spend money on an old, inefficient system.

3. Inadequate Cooling

An air conditioner that struggles to maintain a comfortable temperature or leaves hot and cold spots throughout the premises is a sign that it’s no longer up to the task. This inefficiency can make your business environment uncomfortable for both employees and customers.

4. Excessive Noise

Older air conditioning units often make more noise than newer models due to worn-out components or a need for more significant repairs. Excessive noise can disrupt the work environment and is a sign that your unit may need replacing.

5. Humidity Problems

Properly functioning air conditioners cool the air and remove excess humidity. If you start noticing that your premises feel more humid than usual, it could be a sign that your air conditioner is not working efficiently.

6. Poor Air Quality

An old or failing air conditioner can lead to a decline in indoor air quality, with increased dust and allergen levels. Upgrading to a new system with better filtration can significantly improve the air quality in your business premises.

7. Age of the Unit

The average lifespan of an air conditioning unit is around 10-15 years. If your system is approaching or has surpassed this age, its efficiency and performance are likely compromised. Investing in a new unit can offer better technology, efficiency, and reliability.

8. Refrigerant Type

Older air conditioners may use a refrigerant that is no longer environmentally friendly or is being phased out. Newer models use more environmentally safe refrigerants in line with current Australian regulations, making them a better choice for businesses looking to reduce their carbon footprint.

9. Regular Maintenance Is Not Helping

Cleaning your air conditioning unit filters is part of the regular maintenance required to service the unit. If you have cleaned the filters but have not seen any performance improvement, it may indicate that it is time to replace your unit.

10. Technology and Features

Some modern air conditioners have advanced features such as programmable thermostats, Wi-Fi connectivity, and energy-saving modes. If your current unit lacks these features, upgrading can provide improved cooling and enhanced control over your business’s energy usage.


Victorian Energy Upgrades Program

Did you know that as part of the Victorian Energy Upgrades (VEU) scheme, replacing your air conditioner could generate certificates that provide significant upfront discounts? In some cases, these discounts can cover the entire cost of a new system. This makes upgrading your air conditioner not only a smart choice for efficiency but also an affordable one for businesses operating in Victoria.

For Your Business and Your Home

All of the above applies not only to your business premises but also to your home—or the homes of your staff. At Next Business Energy, we can help you explore energy-efficient air conditioning solutions for both your workplace and residence, ensuring comfort and sustainability wherever you are.

Need Help Understanding Your Air Conditioning Options?

Recognising the signs that your air conditioner needs replacing is crucial for maintaining a comfortable, efficient, and cost-effective business environment. Upgrading to a new unit offers numerous benefits, including reduced energy consumption, improved air quality, and access to the latest technology.

For businesses in Australia, considering an energy-efficient air conditioner is not only a wise investment for your operations but also a step towards a more sustainable and environmentally friendly practice. When choosing a new air conditioner, consult with Next Business Energy to find a solution that best meets your business and sustainability goals.

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Choosing an energy retailer & the benefits of switching to Next Business Energy https://nextbusinessenergy.com.au/blog/choosing-an-energy-retailer/ Wed, 05 Feb 2025 01:47:49 +0000 https://nextbusinessenergy.com.au/?p=11102 Selecting the right business energy retailer is a strategic decision for small businesses. It’s not merely about cost savings; it’s about forming a partnership with a provider that truly understands and caters to your unique business needs and values. Next Business Energy (NBE) stands out as a beacon in this regard, offering tailor-made solutions for […]

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Selecting the right business energy retailer is a strategic decision for small businesses. It’s not merely about cost savings; it’s about forming a partnership with a provider that truly understands and caters to your unique business needs and values. Next Business Energy (NBE) stands out as a beacon in this regard, offering tailor-made solutions for small enterprises.

Deciphering the Energy Retail Market

To make an informed decision, it’s crucial to understand what separates one energy retailer from another:

  • Competitive and Fair Pricing: Look for retailers providing straightforward, competitive rates without hidden charges.
  • Bespoke Solutions: A retailer that offers customised plans according to your business size and industry is invaluable.
  • Customer Support: Responsive and effective customer service is a must.
  • Eco-Friendly Options: With growing environmental concerns, retailers offering sustainable energy solutions are increasingly important.

Why Small Businesses Should Reconsider Their Energy Retailer

Cost Management

Switching energy retailers can lead to significant cost savings and provide more predictable energy expenditures. This is crucial for any small business’s financial health and stability, especially in times of economic fluctuation. 

Small businesses can allocate their resources more effectively by finding a retailer that offers better rates and terms, leading to overall financial growth and stability.

Superior Service Quality

Changing to the right energy provider may dramatically upgrade the level of customer service and support you receive.  At Next Business Energy our Australian-based team prides itself on providing a superior support experience. This means more than just resolving issues quickly; it’s about being a partner that proactively helps you manage your electricity services efficiently and making energy management a seamless and hassle-free aspect of your business operations.

Technological and Environmental Advancements

By opting for a retailer that offers innovative and eco-friendly energy solutions, you can position your business at the cutting edge of your industry. It ‘s about leveraging the latest technology to improve efficiency and productivity while demonstrating a commitment to environmental responsibility, which is increasingly important to consumers and business partners.

The Advantages of Switching to NBE

Curated Energy Plans for Small Businesses

NBE stands out by creating energy plans specifically designed for the unique needs of small businesses. This means that your electricity plan aligns with your business’s energy requirements and environmental goals. This customisation ensures that you’re buying cost-effective electricity services for your business.

Competitive Pricing 

Our commitment at NBE is to provide competitive pricing to Australian Businesses. We aim to help you navigate the sometimes confusing energy price landscape, by providing you with pricing that allows you to plan and budget your electricity costs more effectively.

Unmatched Customer Support

At NBE, our Australian-based team is dedicated to delivering exceptional customer service. We understand that quick and effective responses are crucial, so we ensure that our team is ready to address your needs promptly and efficiently. This level of support provides a smooth and stress-free energy management experience for your business.

A Commitment to Green Energy

NBE offers diverse green energy options, allowing your business to contribute actively to environmental sustainability. By choosing our green energy plans, you reduce your carbon footprint and improve your corporate image as an eco-friendly brand. This commitment to sustainability can open new doors for your business, attracting eco-conscious customers and partners who value environmental responsibility.

NBE’s Additional Services

At NBE, we go beyond just supplying electricity, for example some of the services we can also provide your business include:

  • Energy Audits: Understand your energy usage better and identify saving opportunities.
  • Smart Technology Solutions: Utilise advanced technology for efficient energy management.
  • Renewable Energy Consultations: Explore how your business can benefit from renewable energy sources.

Energising Your Business’s Future

Choosing the right energy retailer is a step towards a more sustainable and efficient operational model. By switching to Next Business Energy, your business not only gains access to cost-effective energy plans but also becomes part of a movement towards innovation and sustainability in energy usage. Empower your business’s future with NBE.

The post Choosing an energy retailer & the benefits of switching to Next Business Energy appeared first on Next Business Energy.

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The Impact of Energy-Efficient Lighting on Your Businesses Bottom Line https://nextbusinessenergy.com.au/blog/impact-of-energy-efficient-lighting-on-businesses-bottom-line/ Tue, 28 Jan 2025 23:00:00 +0000 https://nextbusinessenergy.com.au/?p=10966 In an era where sustainability has taken centre stage, companies seek energy-efficient solutions to lower costs and their environmental impact. One such measure is the implementation of energy-efficient lighting and how these systems can offer significant savings for those willing to take advantage.  Energy Efficiency and Cost Savings The move towards energy-efficient lighting offers companies […]

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In an era where sustainability has taken centre stage, companies seek energy-efficient solutions to lower costs and their environmental impact. One such measure is the implementation of energy-efficient lighting and how these systems can offer significant savings for those willing to take advantage. 

Energy Efficiency and Cost Savings

The move towards energy-efficient lighting offers companies the ability to reduce energy consumption. For example, traditional incandescent bulbs are often inefficient, converting large portions of electricity into heat rather than light. 

On the other hand, energy-efficient substitutes like Light Emitting Diodes (LEDs) and Compact Fluorescent Lamps (CFLs) can convert greater amounts of electricity into light, making them more energy-efficient. This directly benefits the company as lower energy consumption means a reduced electricity bill. 

Due to their extended lifespan, using energy-efficient bulbs lowers maintenance costs. Unlike incandescent bulbs, LEDs and CFLs have a longer operational life. These benefits also extend to having reduced hassle and labour time required when changing the light bulbs in the first place.

As the popularity of energy-efficient lighting grows, so does the technology. LED Smart-Lighting can automatically change brightness levels through pre-programming features, potentially reducing energy consumption, as full illuminations won’t always be necessary. These advancements add another cost-saving benefit, showing clients that your business is leading the way in technological changes. 

Long-Term Financial Benefit

Making the change towards energy-efficient lighting also promises long-term financial stability. By making the switch, companies can protect themselves against ever-changing energy prices, and as these prices fluctuate, relying more on energy-efficient lighting offers insulation against these costs. 

Environmental Benefits 

The benefit of energy-efficient lighting aligns businesses with a broader sustainability message in addition to reducing costs. By using less electricity, companies lower their carbon footprint while contributing to a greener future. 

Implementing these changes for businesses in retail and hospitality can also play a vital role in shaping the customer’s experience. The correct lighting can create a warm, positive, inviting atmosphere that enriches the customer’s time. This ability to create varied lighting environments allows businesses to create a genuine, unique experience that improves customer satisfaction and increases customer loyalty. 

Improving Workplace Productivity

The benefits of energy-efficient lighting can offer businesses a multitude of positive changes in the workplace. Some of these include:

Health Benefits: Energy-efficient lighting has been shown to minimise eye strain or headaches and may reduce fatigue, meaning that companies can create a comfortable, productive work environment. Studies have shown that energy-efficient lighting can significantly improve mood, alertness and job performance. 

Technological Benefits: LED lighting can mimic natural light cycles, which improves sleep and overall well-being. By having complete control of your lighting, businesses can make precise adjustments based on occupancy, time of day, and specific tasks, creating the perfect environment to work in.

By investing in efficient lighting, businesses can have a greater impact on the work atmosphere, leading to higher employee productivity and satisfaction.

Regulations and Incentives

Many Governments have recognised the importance of energy sustainability and have started introducing regulations to help businesses move towards energy-efficient practices. Working towards these regulations allows businesses to avoid facing penalties while showcasing their brand beliefs and willingness to go green

There are various programs available to encourage businesses to switch which include installation rebates and other incentives.

Brighten your Business’s Bottom Line.

The benefits of energy-efficient lighting are undeniable, with evidence showing that the positives far outweigh the negatives. By taking advantage of cost-saving initiatives and technologies, companies can enjoy improvements across the board, from energy independence to employee productivity.

At Next Business Energy, we encourage businesses moving towards a more sustainable and cost-effective future. Embrace energy efficiency, and help your business thrive.

Visit our website for more information on the impact of investing in energy-efficient lighting for your business. rgy savings and operational improvements, paving the way towards a more sustainable and profitable future.

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Choosing an energy retailer & benefits of switching to Next Business Energy https://nextbusinessenergy.com.au/blog/choosing-an-energy-retailer-and-benefits-of-switching-to-next-business-energy/ Tue, 07 Jan 2025 23:00:00 +0000 https://nextbusinessenergy.com.au/?p=10957 Selecting the right energy retailer is a strategic decision for small businesses. It’s not merely about cost savings; it’s about forming a partnership with a provider that truly understands and caters to your unique business needs and values. Next Business Energy (NBE) stands out as a beacon in this regard, offering tailor-made solutions for small […]

The post Choosing an energy retailer & benefits of switching to Next Business Energy appeared first on Next Business Energy.

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Selecting the right energy retailer is a strategic decision for small businesses. It’s not merely about cost savings; it’s about forming a partnership with a provider that truly understands and caters to your unique business needs and values. Next Business Energy (NBE) stands out as a beacon in this regard, offering tailor-made solutions for small enterprises.

Deciphering the Energy Retail Market

To make an informed decision, it’s crucial to understand what separates one energy retailer from another:

  • Competitive and Fair Pricing: Look for retailers providing straightforward, competitive rates without hidden charges.
  • Bespoke Solutions: A retailer that offers customised plans according to your business size and industry is invaluable.
  • Customer Support: Responsive and effective customer service is a must.
  • Eco-Friendly Options: With growing environmental concerns, retailers offering sustainable energy solutions are increasingly important.

Why Small Businesses Should Reconsider Their Energy Retailer

Enhanced Cost Management

Switching energy retailers can lead to significant cost savings and provide more predictable energy expenditures. This is crucial for any small business’s financial health and stability, especially in times of economic fluctuation. 

Small businesses can allocate their resources more effectively by finding a retailer that offers better rates and terms, leading to overall financial growth and stability.

Superior Service Quality

A change in energy provider can dramatically upgrade the level of customer service and support you receive. This enhanced support means more than just resolving issues quickly; it’s about having a partner that proactively helps you manage your energy consumption more efficiently, making energy management a seamless and hassle-free aspect of your business operations.

Technological and Environmental Advancements

By opting for a retailer that offers innovative and eco-friendly energy solutions, you can position your business at the cutting edge of your industry. I’s about leveraging the latest technology to improve efficiency and productivity while demonstrating a commitment to environmental responsibility, which is increasingly important to consumers and business partners.

The Advantages of Switching to NBE

Tailored Energy Plans for Small Businesses

NBE stands out by creating energy plans specifically designed for the unique needs of small businesses. This means that your energy package is a tailored strategy that perfectly aligns with your business’s operational requirements and goals. Such customisation ensures that you’re not paying for unnecessary services.

Competitive Pricing

Our commitment at NBE is towards competitive and flexible pricing that evolves with your business as it grows, and as the energy market evolves.    

Unmatched Customer Support

At NBE, our team is dedicated to delivering exceptional customer service, setting us apart in the energy market. We understand that quick and effective responses are crucial, so we ensure that our team is always ready to address your needs promptly and efficiently. This level of support provides a smooth and stress-free energy management experience for your business.

A Commitment to Green Energy

NBE offers diverse green energy options, allowing your business to contribute actively to environmental sustainability. By choosing our green energy plans, you reduce your carbon footprint and improve your corporate image as an eco-friendly brand. This commitment to sustainability can open new doors for your business, attracting eco-conscious customers and partners who value environmental responsibility.

NBE’s Additional Services

At NBE, we go beyond just supplying energy. We offer:

  • Energy Audits: Understand your energy usage better and identify saving opportunities.
  • Smart Technology Solutions: Utilise our advanced technology for efficient energy management.
  • Renewable Energy Consultations: Explore how your business can benefit from renewable energy sources.

Energising Your Business’s Future

Choosing the right energy retailer is a step towards a more sustainable and efficient operational model. By switching to Next Business Energy, your business not only gains access to competitive energy plans but also becomes part of a movement towards innovation and sustainability in energy usage. Empower your business’s future with NBE.

The post Choosing an energy retailer & benefits of switching to Next Business Energy appeared first on Next Business Energy.

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New Year: New Energy Plan? https://nextbusinessenergy.com.au/blog/new-year-new-energy-plan/ Thu, 02 Jan 2025 23:00:00 +0000 https://nextbusinessenergy.com.au/?p=10954 Welcome to 2025 – a time of fresh starts and new beginnings. It’s an ideal moment for businesses, particularly small businesses, to take stock and re-evaluate their operational strategies for better efficiency and effectiveness. One critical area is the management of energy consumption and costs.  As we start the New Year, let’s explore how Next […]

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Welcome to 2025 – a time of fresh starts and new beginnings. It’s an ideal moment for businesses, particularly small businesses, to take stock and re-evaluate their operational strategies for better efficiency and effectiveness. One critical area is the management of energy consumption and costs. 

As we start the New Year, let’s explore how Next Business Energy can help you find more efficient and economical energy solutions.

Understanding Your Current Electricity Plan

Before you consider new options, it’s crucial to have a comprehensive understanding of your current situation. Assessing your existing electricity plan involves several key factors:

  • Examine Your Expenditure: Take a close look at your energy bills. Understand the rates you are being charged and consider if they reflect good value for your business.
  • Service and Support: Evaluate the service and support you’re receiving from your current provider. Does it meet your business’s unique needs?
  • Analyse Usage Patterns: Recognise your business’s energy usage trends. Identifying peak consumption times can be pivotal in understanding how to better manage your electricity.

This baseline knowledge is essential for comparison and will guide you in identifying areas ripe for improvement.

If you don’t have a “smart meter” you should consider having one installed, especially if your electricity usage varies across the day/week. Smart Meters allow you to access tariffs that vary by time of use and level of use. 

The Benefits of Comparing Energy Plans

Cost-Effective Solutions

For small businesses, managing budgets is paramount. Comparing electricity plans can reveal opportunities for significant cost savings, allowing you to allocate financial resources more effectively elsewhere in your business.

Customised Services

Every business has its unique requirements. By exploring different plans, you can find a provider that offers services and solutions best suited to the specific needs of your business, from customer service excellence to flexible billing options.

Embracing Sustainability

Environmental responsibility is increasingly important in today’s business world. Opting for an electricity plan that supports sustainability not only helps in reducing your ecological footprint but also boosts your reputation as an eco-conscious brand.

Next Business Energy: Your Ally in Energy Efficiency

Next Business Energy is dedicated to providing small businesses with energy plans that are not just competitive and transparent but also customised to their specific needs. Our approach includes:

  • Competitive Rates: We actively monitor market trends to ensure our pricing is among the best available.
  • Tailored Support: Our dedicated account managers provide bespoke advice and support, understanding that each business is unique.
  • Smart Technology: Utilise our cutting-edge technology to manage and optimise your energy usage.
  • Green Energy Options: Choose from our range of sustainable energy solutions to align with your environmental values.

How to Compare and Choose the Right Plan

Define Your Requirements

First, understand your business’s energy needs. Factors such as business size, hours of operation, and special energy requirements should influence your decision.

Explore and Compare

Investigate various energy suppliers and compare what they offer. Pay close attention to tariff rates, contract terms, and the range of services provided.

Transparency in Costs

Avoid unexpected expenses by thoroughly understanding the terms and conditions of any plan. This transparency is critical to making an informed decision.

Transferring to a New Retailer is Easy

Are you concerned about the complexities of switching providers? Next Business Energy ensures a smooth and straightforward transition, managing the process from start to finish with minimal disruption to your business operations. Our processes are specially designed to expedite your transfer with zero fees.

Empowering Your Business for the Future

The New Year is a time for positive change. Reassessing and optimising your business energy plan can bring significant benefits, from cost savings to improved sustainability. Next Business Energy is not just an energy supplier; we are a partner dedicated to empowering your business with efficient and sustainable energy solutions. Compare, switch, and step into the New Year with a renewed focus on business efficiency and growth.

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