What is Termina and how does it help restaurants save on energy costs in Sydney?

Termina is a service designed to help restaurants in Sydney reduce their electricity, gas, and LPG costs. It acts as an automated energy management platform that constantly searches for the lowest energy prices available in the market. Unlike traditional brokers who earn commissions from providers, Termina's revenue is tied directly to the savings it achieves for its clients, aligning their goal with maximizing customer savings.

How does Termina ensure restaurants stay on the lowest energy prices every month?

Termina utilizes an automated system that performs monthly reviews of energy prices. This system automatically switches the restaurant to the lowest available electricity and gas rates, preventing them from being stuck on outdated or increasing tariffs. This process is designed to be seamless and requires no additional payments or manual effort from the restaurant owner.

What is the advantage of Termina's group purchasing power for restaurants?

Termina leverages the collective buying power of the thousands of businesses it represents. This allows Termina to negotiate exclusive, below-market energy rates for its restaurant clients in Sydney that individual businesses typically cannot access on their own. This group buying advantage is a key factor in securing significant and reliable monthly savings.

How does Termina help restaurants ensure accurate energy billing?

Termina's platform includes an automated billing validation system. It thoroughly checks each charge on energy bills to identify any errors, which are reported to occur over 10% of the time by certain providers. This ensures that restaurants in Sydney only pay for the energy they actually consumed, keeping their costs under control and ensuring billing accuracy.

How does Termina simplify energy management for multi-site restaurant groups?

Termina offers an all-in-one platform where multi-site restaurant groups can manage all their energy accounts and assets in a single location. This centralized dashboard allows for easy tracking of energy costs, usage, and contracts across all locations. It also provides insights into equipment running costs and ROI for replacements, streamlining energy management and helping identify cost-saving opportunities across the entire group.

How does Termina's "savings split model" benefit restaurants?

Termina operates on a savings split model, meaning their revenue is derived from a portion of the savings they achieve for the restaurant. This model incentivizes Termina to find and secure the lowest possible rates. Even with this split, Termina's group buying power is designed to ensure that the restaurant always saves more with Termina than they would managing their energy costs independently.

Can Termina help restaurants with existing energy contracts?

Yes, Termina can assist restaurants with active energy contracts. Their dashboard can monitor energy usage and costs without manual data entry. It also tracks and flags contract expiration dates automatically, preventing restaurants from falling onto costly non-contract rates. The service is free if no savings are found during the contract monitoring period.

How does Termina differ from traditional energy brokers?

Traditional energy brokers often receive commissions from energy providers and may only compare a limited number of retailers. Termina's savings split model aligns its interests directly with the restaurant's goal of maximizing savings. Additionally, Termina's platform provides comprehensive tracking of electricity, gas, and LPG consumption across all locations, offering greater transparency and control than a traditional broker.