Electricity prices have been continuously rising in Australia, and it’s all over the news. Many families & businesses are struggling with these expensive power prices. Electricity Monster is a broker that compares rates from our partners.
ERM Power or otherwise known as ERM Business Energy are the experts in Business Energy. They provide electricity for both large businesses and Small Medium Enterprise. The company is 100% Australian-owned and operated and provides both retail and generation to the electricity market.
They partner with businesses to help them meet their energy needs by looking at and analysing the best ways to manage their consumption and costs. Thinking ERM might be right for you? Electricity Monster can help you with comparing electricity retailers like ERM.
ERM provide Electricity to Small businesses in Queensland, New South Wales, ACT, Victoria, Tasmania and South Australia. ERM Power also offers their service to large customers nationwide.
ERM Power keeps their offers simple. Instead of quoting discounts to confuse matters, they only quote the price you pay.
Fixed Offer: Locking the price in for the term of your contract
Adjustable Offer: This offer is a sharper rate, to begin with, but can increase or decrease based on the wholesale market.
"Comparing Electricity makes sense with Electricity Monster! Especially with our Peace of Mind Guarantee. The whole process can take less than 10 Minutes so give us a call & speak to one of our Free Energy Consultants Today"
ERM Power describes itself as an expert in providing business electricity solutions to all kinds of businesses - small, medium and large. By shifting the focus of their plans from complicated discount structures to simplified rates, customers know exactly what they are getting with ERM Power.*
* All offers are valid as of April 15, 2019.
The offers that ERM has in NSW for businesses are identical to plans they have in the pipeline for Victorian businesses. The operating costs of any business - large or small, revolves around its use of electricity. With steadily rising electricity prices, most business owners look at electricity prices as unpredictable to their business’ bottom line. To promote predictability, the plans ERM provides is easy to understand and predict from usage, as no complex discount criteria are mentioned.
The Fixed Offer made available in NSW boasts of a price locking mechanism that keeps tariff rates fixed as long as the contract is still in effect. Prices move according to shifts in the wholesale market for electricity under the Adjustable Offer they have. Although predictability is sacrificed through the Adjustable Offer, the prospect of rates going lower in the duration of a contract may be too enticing for businesses in NSW to pass up. ERM Power attempts to allow businesses to be rewarded for their risk-taking by allowing rates to go lower even if that is how the wholesale electricity market is shaping up.
Are you a business owner in Victoria that has plans that are easy to grasp? Victoria is a region in Australia with high levels of competition among retailers, making it a tough market for retailers to differentiate themselves. ERM, however, is bucking the trend by presenting plans to the market that go against the grain. Instead of needlessly focusing on discounts for benefit periods that expire eventually, ERM looks to reel in businesses by proposing a rate on supplying and using electricity that is attractive.
The Fixed Offer they have in the state locks-in the price of tariffs for the duration of the contract, protecting business owners from large price rises. The Adjustable Offer, on the other hand, allows prices to shift according to any changes in the wholesale electricity market prices. By starting with a lower tariff structure than the Fixed Offer, the offer is perfect for business owners who don’t mind gambling that electricity prices will stay the same or even go lower!
In the state in Australia where electricity prices are highest, the plans ERM have may help boost the bottom line for businesses, crippled by rising operating costs such as electricity. This resolves a major headache for enterprises in the region. Going for an option that is significantly more cost-cutting can free up more of the budget of your business. Although high discount rates look great on paper, businesses ought to focus on getting attractive tariff rates on usage, to drive long-term savings.
For South Australian businesses, the Fixed Offer that ERM provides could make a world of difference in allowing them to operate more predictably. As prices remain the same for usage and supply tariffs, businesses have a more detailed picture of how their budget needs to be structured. The Fixed Offer showcases a price lockdown feature that shields South Australians from an increasingly inflated market. The Adjustable Offer is a perfect choice for a business owner who expects electricity prices to fall. As rates in the Adjustable Offer changes according to fluctuations in the electricity market, ERM promises to review the price every year and bump it down if wholesale electricity prices are trending lower. If you aren’t too convinced by prices going lower, then you may be assured by the fact that the tariff structure in the Adjustable Offer is lower than the Fixed Offer.
Are you a business in Queensland eagerly on the lookout for a stable, cheap electricity connection? Most business owners in Queensland are unaware of the criteria they need to watch out for in market offers from energy retailers. As opposed to sneakily signing up people on discounts they do not fully understand, ERM presents plans with great rates that look to sway business owners.
The Fixed Offer does not allow rates to vary, keeping them fixed so that business owners know exactly what they are getting through the duration of their contract. The Adjustable Offer available in QLD makes a provision allowing rates to go upward or downward, according to the trend in the electricity market. Yearly review of your rates is promised, as well as an initial rate structure that is lower than ERM’s Fixed Offer in QLD.
- Our mission at Electricity Monster is to provide you with the sharpest residential electricity rates we have based on your tariff & usage.
ERM Power has over 30 years of experience, founded in Australia in 1980 as a small consultancy business, and since 2007 they have specialised into a business only provider. In fact, ERM Power is now the largest business only electricity provider.
ERM has expanded over the years by acquiring the lighting efficiency company Lumaled in March 2016 which specialised in energy-efficient lighting for industrial and commercial businesses. In December 2015, they also acquired Greensense, a data analytics and energy resource management software company to strengthen their suit of solutions they could offer to their new and existing customers.
No Lock-in Contracts
ERM Power is also so confident in their pricing and service they provide that they have no lock-in contract or exit fees for Small and Medium Enterprises.
No Connection/Disconnection Fees
ERM does not charge any connection or disconnection fees as they believe moving premises can be expensive enough without wasting valuable money ln extra fees.
Rather than offer a stand-alone solution, ERM Power offers a suite of products tailored to your energy management objectives. Everything from lighting to integrated monitoring Technologies. ERM Power current solutions: