Industry
Body Corporate / Strata
Energy Procurement
- Estimated annual saving: $138,700 ($277k over full 24-month term)
- 5% reduction in total electricity costs
- Multi-site aggregation across 2 NMIs for stronger market leverage
- Rates locked in for up to 24 months
Body Corporate for Tennyson Reach
Body Corporate for Tennyson Reach manages the shared energy infrastructure across a premium residential development in Tennyson QLD. With two metered sites and annual consumption exceeding 1.9 million kWh, electricity represents one of the body corporate’s most significant operating costs.
The Challenge
When Spinifex Energy engaged the body corporate committee, they were approaching the end of their existing supply agreements with no competitive process in place. Their two sites — a main common area supply and a secondary metered connection — were being managed separately, leaving significant savings potential on the table. Without the ability to aggregate load across both NMIs, the body corporate was effectively a smaller buyer in the eyes of energy retailers.
Identifying the Opportunity
Spinifex ran a full market tender across all major retailers, aggregating both NMIs to present a combined load profile of nearly 1.9 million kWh annually. This allowed us to access significantly better rates in the Commercial & Industrial Energy market.
- Combined NMI aggregation presented a larger, more attractive load profile to market
- Competitive tender run across our panel of leading Australian energy retailers
- Offer with the lowest rates – 28.5% cheaper than the current plan, locked in for a 24-month term, capturing forward wholesale savings.
By treating the two sites as a single procurement exercise, the body corporate secured pricing that would have been unavailable to either site alone.
The Results
The results speak for themselves. By running a structured tender and aggregating both sites, we secured:
- Estimated annual saving: $138,700 ($277,400 over the full 24-month term)
- 5% reduction in total electricity costs versus the previous supply agreements
- Multi-site aggregation strategy unlocked pricing tiers unavailable to individual sites
- Competitive tension across our panel of leading energy retailers drove the best possible market outcome
- Rates locked in for 24 months, providing cost certainty
The entire process was managed end-to-end by Spinifex Energy — fast, seamless, and with zero disruption to club operations.
Body corporates are often leaving money on the street because their energy isn’t being managed as a single commercial entity. Aggregating these two sites changed the conversation entirely.
Think your business could be on the wrong structure?
Contact Spinifex Energy to find out how much you could save: tom@spinifexenergy.com.au | +61 419 108 638 | spinifexenergy.com.au
