Top Cut Foods: taking an active approach to electricity costs
Top Cut Foods optimise operations and cut costs
Case study overview
Flow Power’s innovative electricity plans, smart technology and engineering and advisory are helping Top Cut Foods optimise its energy use.
With multiple sites across Australia to power, Top Cut Foods made the switch to Flow Power in search of a more cost-effective business electricity solution.
Why Flow Power?
“You should be looking at Flow Power. They offer great customer service in addition to fantastic rates. You don’t get locked into rates if the market drops.”
Charles Geraghty – CFO, Top Cut Foods on Flow Power’s Active Option
Top Cut Foods is Australia’s specialist butcher, established in 1981
Processing and storing meat is a 24-hour, 365 day a year operation, and like other industries operating machinery and cold storage facilities, it requires a sizable amount of power.
With Flow Power’s help, Top Cut Foods now has a cost management strategy in place to optimise daily operations without reducing its output or compromising the quality of its products. Our expert team and smart technology have enabled Top Cut Foods to take advantage of low-price energy periods.
How Top Cut Foods cut costs with Power Active
With average energy costs on the rise across the NEM, it’s becoming increasingly important to have energy efficiency strategies in place for your business.
Top Cut Meats joined Flow Power in 2021 on a Power Active plan, securing a competitive base energy rate and opting–in for the Active Option.
This unique plan add-on allows customers to periodically move to a lower base rate if the electricity market prices drop.
Additionally, this plan includes Flow Power’s unique Price Efficiency Adjustment (PEA), further rewarding customers that can shift most of their energy usage to periods of low demand on the wholesale market.
The results
With Flow Power’s advice, Top Cut Foods locked in a contract at an ideal time.
With a competitive base rate secured, and an energy strategy to reshape how and when it uses power, it has managed to avoid the higher price periods of the energy market. To date, this approach has identified an average of 33% energy cost savings for its four sites over the past 3 years.
Savings of this magnitude have unlocked additional revenue, allowing Top Cut Foods to invest in future-proof energy infrastructure, like on-site solar.
“We trust Flow Power has our best interests at heart, the team provide our business with suggestions and energy advice when needed. I like the potential to move to a lower rate with the Active Option – no other energy companies offer that.”
Charles Geraghty – CFO, Top Cut Foods
We’re here to help.
To find out more about how Power Active and the Active Option could benefit your business, speak to an energy specialist now.