VACC Electricity Buying Group
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A VACC initiative for member's business sites
The VACC Electricity Buying Group (EBG) has been operating successfully for over 10 years. Many VACC members have benefited from participation by way of lower prices and contracts that offer greater protection.
We are all aware of rising business costs. The VACC Electricity Buying Group has shown over the years to be a good example of how, through a process of collective bargaining, it is possible to contain cost and other electricity retail contract pressures for individual members. Please note: this initiative relates to member's business sites only.
Feel free to email your thoughts, comments and suggestions on this or any other VACC member initiative by emailing marketing@vacc.com.au
VACC assures members that our Electricity Buying Group initiative is conducted with due process and independent industry advice, provided by an Industry Consultant.
This initiative has been operating successfully for more than 10 years and members continue to benefit greatly from participation.
Possibly the best way to be assured that your electricity retail arrangements are being properly managed is to participate in this VACC initiative.
Individual member advice
Please note that due to the large number of members, VACC is not in a position to advise members on an individual basis.We are also not electricity experts.
If however your business is seeking this assistance, feel free to email a request for our electricity consultant to contact you. The consultant's time will be charged on a hourly basis.
Assessing Electricity Offers
Are you comparing 'Like for Like?'
VACC members may be contacted from time to time by energy Retailers, Energy Brokers and other related businesses. Sometimes claims are made by these businesses offering ‘huge savings’. Please be aware that sometimes there are 'traps' and Contracts sometimes being offered which can expose you to unexpected price hikes and charges. Where possible, any claims by retailers or energy brokers of substantial future savings should be closely examined.
VACC members should exercise due care and diligence at all times when evaluating either a proposed energy Contract or any claim regarding an energy Offer. While often difficult to achieve (as energy Contracts can be quite complex), it is necessary to ensure that these Contracts are compared on a ‘like for like’ basis.
How to determine annual electricity consumption
As most electricity accounts relate to a quarterly period, your total annual consumption can typically be determined by adding up your Peak and Off Peak electricity consumption as shown on one of your bills and then multiplying this total KWh by 4. Should you be billed monthly for your electricity, you will need to multiply by 12.
VACC members (with electricity consumption >40,000 kWh per quarter or a bill value of approximately $2,500 per site per month)
There are many Members benefiting from the VACC-negotiated deal that offers price certainty and contract protection. As current arrangements for participating VACC members run up to midnight on December 31st, 2011, we have been finalising a deal that will take effect from 12.01 am on 1 January 2012. This deal has been finalised.
For sites with this large consumption profile, the deal Offers members a distinct advantage not only in the energy pricing, (cents per Kilowatt hour), but also in the many variations to the retailer's Standard Contract Terms and Conditions. These variations are captured in a Head Agreement. This Agreement will be posted on the Members Only side of this page by close of business on Wednesday, 16 November.
VACC members (with electricity consumption <40,000 kWh per quarter or a bill value of less than $2,500 per site per month)
Energy arrangements for the majority of members that have a smaller consumption profile (less than 40,000 kWh per quarter or < $2,500 per site per month), have also been considered and included in the 2011 VACC Tender. An attractive Offer has been secured from the successful retailer.
So, no matter what your business electricity consumption profile and whether you are either currently participating or you have registered your interest to do so, very soon in November you should be receiving your Offer from the successful retailer.
Note: Please note that the ease of moving retailers will be impacted by any current contractual arrangements you may have. You should check with your current retailer about this.
HOST Electricity Retailers
For a list of 'Host' Electricity Retailers (by postcode), click
here. You will need to have MS Excel (.xls) installed to download this file.
If you are already particiapting in the VACC Buying Group you will automatically receive a new Offer from the successful retailer.
If you are not currently participating but have registered your interest to do so, you should also be receivng your Offer from the successful retailer very soon.