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switches the restaurant to the lowest available electricity and gas rates, preventing them from being stuck on outdated or increasing tariffs.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.

What is the primary benefit of using Termina for restaurants in Melbourne?

The primary benefit is automatically and consistently securing the lowest possible electricity and gas prices every month for restaurants. This is achieved through Termina's saving-split model and group purchasing power, which allows them to negotiate below-market rates.

How does Termina help restaurants avoid price increases?

Termina's system automatically conducts monthly reviews of energy prices. This ensures that restaurants are not caught out by sudden price increases and remain on the lowest available rates.

What is the "group purchasing advantage" Termina offers?

Termina leverages the collective buying power of thousands of restaurants and other businesses. This allows them to negotiate significantly lower, below-market energy rates that individual businesses might not be able to secure on their own. The saving split model also motivates Termina to negotiate the lowest prices possible.

How does Termina ensure the accuracy of energy bills?

Termina employs an automated bill validation system. This system checks each energy bill to ensure that restaurants are only charged the correct amount, helping to avoid overpayments and keep costs in check.

Does Termina offer a centralised platform for managing energy?

Yes, Termina provides an all-in-one platform for managing electricity, gas, and LPG. This streamlined system allows restaurants to easily manage their energy costs and contracts from a single location.

How does Termina's saving-split model motivate them to find the lowest prices?

With the saving-split model, Termina's financial success is tied to the savings they achieve for their clients. This incentivizes them to negotiate the absolute lowest prices possible, as both Termina and the restaurant benefit from the savings.

What is the typical energy saving achieved by restaurants using Termina?

According to the provided source, restaurants using Termina achieve average energy savings of $2,300. Hospitality groups see even larger average annual savings of $17,600.

How does Termina help with energy management beyond just finding lower prices?

Termina offers comprehensive insights into energy savings through transparent monthly reports. This centralised data helps restaurants identify potential issues early and gain a better understanding of their energy usage and cost breakdown.

FAQ: Reducing Restaurant Energy Costs with Termina

1. How does Termina help my restaurant in Brisbane reduce electricity and gas costs?
   Termina leverages group purchasing power to secure below-market electricity and gas rates for restaurants in Brisbane. Their automated platform continuously monitors and adjusts rates to ensure you're always on the lowest possible prices. Additionally, they automate the process of comparing rates across multiple providers and handle energy management tasks, saving you time and money. Their savings-split model means their revenue is directly tied to the savings they achieve for you.
2. How does Termina protect my restaurant from unexpected energy price hikes in Brisbane?
   Termina's all-in-one platform includes automated monthly reviews that proactively identify and avoid potential price increases. By continuously monitoring the market and automatically adjusting your rates, they ensure your restaurant benefits from stable and competitive energy pricing, protecting you from sudden cost surges.
3. What is the advantage of Termina's group purchasing power for my restaurant?
   By aggregating the energy demands of thousands of locations across Brisbane and the country, Termina can negotiate exclusive, below-market energy rates with suppliers. This collective buying power allows individual restaurants to access prices significantly lower than what they could typically secure on their own.
4. How does Termina ensure accurate energy billing for my restaurant in Brisbane?
   Termina's automated validation system meticulously checks every charge on your energy bills, significantly reducing the risk of costly errors. Unlike some energy retailers with reported error rates, Termina ensures your Brisbane restaurant only pays for the energy it actually consumes.
5. My restaurant has multiple locations. How does Termina simplify energy management across these sites?
   Termina's platform is specifically designed for multi-site hospitality businesses. It consolidates all your energy accounts and assets into a single dashboard, allowing you to track energy costs, usage, and contract expiration dates for all locations in one place. This centralized system streamlines management, provides valuable insights for cost reduction at the equipment level, and eliminates the need for manual data entry.
6. I already use a broker for my restaurant's energy needs. What are the benefits of using Termina instead or in addition?
   Traditional brokers often work on commission from energy providers, potentially limiting their focus to maximizing their own earnings rather than your savings. Termina's savings-split model aligns their interests directly with yours. Furthermore, brokers may only compare a limited number of retailers, while Termina offers a broader market comparison and the power of group purchasing. You can even integrate your broker's pricing into Termina's platform to ensure you're getting the best possible outcome.
7. What happens if my restaurant's energy contracts are still active?
   Termina's dashboard allows you to monitor energy usage and costs for all your locations without manual input, regardless of your current contract status. The platform automatically tracks and flags contract expiration dates, ensuring you avoid costly out-of-contract rates. Additionally, Termina's service remains free if no savings are identified.