Case Study: Inghams Enterprises – Market Analysis & PPA with Lodestone Energy

25 October 2025

Client Overview

Inghams Enterprises is one of New Zealand’s leading poultry producers, operating multiple facilities nationwide. With a strong focus on cost efficiency and sustainability, Inghams aimed to reduce energy costs and improve environmental performance of its energy contracts.

Challenge

Inghams faced rising electricity costs and needed to explore long-term procurement options. The challenge was to identify a solution that balanced:

  • Cost certainty
  • Sustainability outcomes
  • Operational feasibility

Options considered included traditional electricity supply, on-site solar, and market-based renewable energy solutions.

Our Approach

  • Detailed financial modelling and market analysis of current and future electricity pricing
  • Evaluation of multiple procurement pathways: traditional supply, behind-the-meter solar, and Power Purchase Agreements (PPAs)
  • Feasibility assessment of a solar farm at the Waitoa site
  • Facilitation of direct engagement with Lodestone Energy to structure a tailored long-term supply agreement

PPA Specifics

  • Type: Offsite PPA with Lodestone Energy
  • Procurement Method: Direct negotiation following market analysis
  • Contract Structure: Long-term fixed pricing agreement
  • Term Length: Multi-year, designed to deliver price certainty and sustainability benefits

Alternate Solutions Explored

  • Behind-the-meter solar farm feasibility study for the Waitoa site
  • 25-year financial projection modelling revenue, savings, and risk exposure

Outcome Delivered

  • Secured a long-term supply agreement with Lodestone Energy
  • Achieved approximately 25% savings compared to traditional market rates
  • Enhanced sustainability profile by supporting new renewable generation
  • Delivered cost certainty and reduced exposure to market volatility

Lessons Learned & Innovations

  • Combining market analysis with feasibility modelling enables informed decision-making
  • Early engagement with renewable developers unlocks competitive pricing and tailored solutions
  • Long-term PPAs can deliver both financial and environmental benefits when aligned with operational goals

How Total Utilities Can Help Your Business

Whether you’re looking to reduce energy costs, improve sustainability, or secure long-term price certainty, Total Utilities can help. We offer:

👉 Contact us today to explore how we can help your business secure competitive energy contracts and future-proof your energy strategy.