Businesses that own and operate backup generators have the opportunity to reduce energy costs and unlock additional value.
Like many of our customers, Smart Machinery is a manufacturer that turned to Flow Power to power its operations.
Flow Power unlocked new value for Smart Machinery through:
- Connecting them to price signals in the market
- Unlocking the value of its backup generators
- Implementing effective demand response
- Securing long-term low cost power to protect against increases in contract prices
Using the wholesale energy market for a competitive advantage
The wholesale market is dynamic. Prices are linked to supply, demand, and change throughout the day, month and year across the National Energy Market. Despite these movements, most retailers charge fixed rates.
These rates take this variability and smooth it out. This can push up the prices you pay.
At Flow Power, we connect businesses to the actual price of power. We do this by passing on access to the wholesale market, and its low prices.
That means you’ll have even more opportunities to reshape your power and the prices you pay.
For example, if you have a back-up generator synchronised with the grid, you can leverage higher prices by selling spare capacity back to the market.
We work with you to reduce energy costs and set you up to unlock more value in the future.
Smart Machinery’s improved price outcomes
Flow Power welcomes customers onboard with a site analysis to identify exactly how we can unlock value from their energy.
With Smart Machinery, our analysis revealed potential for:
- Installing a back-up generator onsite to give back to the grid
- Reduction in energy costs
- Demand response to create new income streams
- Installing a kWatch Intelligent Controller to deliver insights into how and when to use energy
How Smart Machinery changed their energy behaviour – for the better
Over a 24-hour period, Smart Machinery was able to respond to energy market signals, often called demand response.
Transferring to a generator, Smart Machinery avoided higher electricity prices between 5:00pm and 10:30pm, reducing its energy costs by around $20,000.
In the same time period, Smart Machinery earned more than $10,000 by exporting excess capacity back into the grid.
Could your business unlock extra energy contract value with demand response?
Demand response programs are available, and we’re the energy people to help your business can unlock the value of demand response.
Talk to the friendly Flow Power team about how your business can unlock value with your energy bill today.
📞 1300 08 06 08 (within business hours)
🖥️ Live chat message (within business hours via the chat button at the bottom of your screen)
Alternatively, you can submit your questions through our website contact form here.