Industry
Hospitality / Restaurant
Energy Procurement
- Estimated annual electricity cost reduction: $26,000
- 23% saving on total energy costs
- Transitioned from SME to C&I (Large Market) billing structure
- Locked in competitive rates for up to 4 years
Chopstix House
Chopstix House is a well-regarded Asian cuisine restaurant group operating across multiple locations in Albury, NSW. Serving an extensive menu of Korean, Japanese, Chinese, Vietnamese and Malaysian dishes, the group operates across three separate premises — each with its own electricity account — making energy procurement a more complex challenge than it is for single-site operators.
The Challenge
Chopstix House was approaching the expiry of electricity supply contracts across all three of their Albury sites simultaneously — each with no long-term lock in contract.
The three sites varied considerably in both size and consumption profile. Volt Lane consumed 75,000 kWh annually, Olive Street 40,000 kWh, and Dean Street — the largest premises — 144,000 kWh. Each was previously contracted with different retailers, meaning pricing was uncoordinated and the group had never benefited from the negotiating leverage that comes with a consolidated, multi-site tender.
Our brief was clear: run a coordinated competitive tender across all three sites simultaneously, secure the best available rates before the contract expiry, and simplify the client’s energy management going forward.
Identifying the Opportunity
By bringing all three sites to market at the same time, we were able to create a compelling tender package that attracted competitive responses from our panel of large market retailers.
Offers were evaluated across four contract terms — 12, 24, 36 and 48 months — giving Chopstix House full visibility over their options and the flexibility to choose the term that best suited their business planning horizon. This multi-term tender approach is something most businesses never see when managing energy renewals on their own.
The tender results were clear and produced competitive offer across all four term options:
• 12-month term: $89,041 — saving
$26,731 (23.1%)
• 24-month term: $89,382 — saving
$53,439 over 2 years (23.0%)
• 36-month term: $89,189 — saving
$80,022 over 3 years (23.0%)
• 48-month term: $89,918 — saving
$105,876 over 4 years (22.8%)
For a hospitality business operating on tight margins, locking in rates at the 24–48 month level represents not only immediate savings but sustained cost certainty — an increasingly valuable outcome in a volatile energy market.
The Results
The coordinated multi-site tender delivered a compelling outcome for Chopstix House:
• We reduced Chopstix House’s combined energy expenses by an estimated $26,731 per year — a 23.1% saving on their previous combined annual spend of $115,772.
• A single coordinated tender replaced three separate unmanaged contracts, simplifying renewals and creating genuine negotiating leverage for the group.
• Multi-term offers were provided, giving the client the choice to lock in savings for up to 4 years — a cumulative saving of over $105,000 at the 48-month rate.
• The entire process was managed by Spinifex Energy — from brief to signed contracts — with zero disruption to daily operations across all three sites.
For multi-site hospitality operators, the opportunity to consolidate energy procurement across locations — and test the full market simultaneously — is one of the most underutilised levers available. Most businesses manage renewals site by site, missing the advantage that comes from coordinated, volume-driven tendering.
Operating multiple sites? Let’s run the numbers.
A coordinated multi-site tender could be one of the highest-value decisions you make this year. Contact Spinifex Energy for a free assessment. spinifexenergy.com.au
