Blue NRG’s cost-saving approach for businesses involves a Network Tariff Analysis (NTA) for both current and newly onboarded customers. This helps businesses to determine the combined lowest cost option to offset rising energy rates and business costs.

What is a Network Tariff Analysis (NTA)?

Network charges are the cost associated with using an energy network’s infrastructure to access electricity. These charges can make up the largest cost of a business’s total electricity bill.[1]

As electricity consumption and cost related network infrastructure are constantly changing, businesses can conduct a Network Tariff Analysis (NTA) through Blue NRG to identify the most cost-effective network tariff structure and potentially maximise savings.

NTAs are traditionally performed only upon a customer’s request, despite many businesses not knowing about the process or its benefits. By offering the review upfront and enabling a business to switch to a more cost-effective tariff structure, Blue NRG aims to raise awareness of the practice and advocate for the business at no additional upfront cost.

How does an NTA work?

To conduct an NTA, Blue NRG requires access to 12 months’ worth of the business’s electricity usage data to review a range of data consumption habits. This includes maximum time of use, actual use during peak and off-peak times, and current network tariff structure. This data is collected from a business’s smart meter. An NTA can only be performed on businesses with a smart meter system.

Gathering this data is a simple process for existing Blue NRG customers as they can request the review to be done internally. For new customers, either the customer can request their historical usage data from their previous energy provider or Blue NRG can request the required data through the relevant market process.

Blue NRG’s tool, Insights by Blue NRG, uses the data provided to compare the businesses’ current tariff with other suitable tariffs. Based on this report, Blue NRG will provide a recommendation, including if a more cost-effective tariff structure is available. Blue NRG will discuss the findings and options with the business and facilitate the approval process and changeover with the network.

Benefits of conducting an NTA

This approach has enabled many Blue NRG customers to increase savings, including Endeavour Group, an Australian owned independent petroleum distributor. After signing up with Blue NRG, Endeavour Group found more than $35,000 worth of savings across 38 of its business sites.

Managing Director of the Endeavour Group, Jeff Griffiths, believes Blue NRG’s proactive approach to NTAs helped identify high-cost areas where savings could be made.

“We thought we were already on a pretty good deal with our previous energy retailer, but Blue NRG was able to give us even better rates,” said Griffiths.

Blue NRG’s General Manager, Duncan Jacklin, says customers may be missing out on their potential savings and paying unreasonably high network tariffs.

“Our role as an energy retailer is to advocate for our customers and to go above and beyond by offering tariff optimisation. This ensures our customers are reaping the benefits of being on the correct network tariff,” said Jacklin.

He added, “By taking a proactive and personalised approach to network tariff optimisation, we can potentially offer greater savings and maintain competitiveness in the market.”

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