Coming soon: Total Utilities’ game changing solution for carbon reduction success!

Coming soon: Total Utilities’ game changing solution for carbon reduction success!

From hazy data to mind-boggling calculations and sprawling spreadsheets – measuring your carbon footprint is a daunting task for many businesses. But fear not! Total Utilities is gearing up to help simplify and accelerate your carbon management journey.

In the coming weeks, we will be making an exciting announcement about how we intend to assist businesses to effortlessly measure, reduce and disclose their carbon emissions.

The carbon conundrum 
We know that the task of measuring your carbon footprint can be overwhelming, and it’s easy to become tangled in the complexity of the carbon footprint web.

Total Utilities understands these obstacles and is dedicated to helping businesses overcome them while encouraging wider participation in carbon management programs.

Discover hidden cost saving gains
Carbon measurement is no walk in the park with challenges including lack of standardised methodologies for measurement, supply chain complexities, concerns over data reliability, financial constraints – or simply not knowing where to begin.

Our new carbon management service will help you take control of your environmental impact and responsibilities. Additionally, by viewing your business balance sheet through a carbon lens, we can help you discover hidden efficiency and cost saving gains that you never knew existed!

Take control of your environmental impact
In a world that increasingly demands environmental responsibility, the desire to reduce emissions is strong, but the process of measurement is currently a challenging hurdle.

By leveraging our utility management expertise with advanced AI technology and sophisticated software – we believe we are about to deliver something special to the market that will accelerate progress towards net zero.

Stay tuned and prepare to embark on a new era of carbon reduction success with Total Utilities!

Subscribe to our Market Commentary

* indicates required
   

Volatile energy market: testing times call for sustainable solutions

With prevailing energy market conditions causing sharp price hikes that show no signs of abating – what can you do and who do you turn to for advice and viable solutions?

Since the beginning of 2021, negotiated contract pricing for large commercial customers has increased from 11c/kWh to 18c/kWh for a three year period. This means a customer using one million kWh per year is paying $70,000 more for electricity per year than 19 months ago. 

Mass market customers have not been impacted to the same degree with pricing moving from 9c/kWh to 12.5c/kWh.

        
Rather than bore you with the (too numerous) details and interrelated factors that have caused this unwelcome turn of events, let’s explore the options open to businesses to mitigate sky high energy costs.

Time to turn to the experts?
Many businesses are turning to energy management consultancies to help them navigate the challenging energy markets and provide services to assist them to get the very best deal on their utilities. 

They are also hiring consultants to explore sustainable and renewable energy options to help them diversify their energy portfolio and give them maximum bang for their buck in terms of energy efficiency, pricing and carbon liabilities.

But according to Total Utilities Director Chris Hargreaves, it’s a case of ‘buyer beware,’ when it comes to hiring an energy management consultancy. He says the quality of service and outcomes vary dramatically.

“If it was my business, there are only a small handful of organisations I would consider using in New Zealand to obtain energy contracts on my behalf and to have the ability and insight required to properly explore efficiency and sustainable solutions.

“The consultancy industry for energy is not regulated, so effectively anyone can start up a business that offers procurement services,” he says.

Chris advises considering various factors before hiring a consultant, including how many procurements they conduct each year. The energy market is highly dynamic and energy retailers are entering and leaving the market at unprecedented rates and pricing models and practices are changing daily.

If the consultant or advisor you are using is not pricing in the market on a regular basis, then you are likely to get caught out by the market changes. Look for companies conducting over 100 procurement exercises per year (as an example, we average almost 350).

You should also establish whether your consultant reviews the entire market of energy retailers for pricing (we do), or just their favoured few companies (nope, not us). 

Also, does your advisor or consultant gather detailed market intelligence to track wholesale pricing and industry developments? Do they warn you of potential ‘gotcha’ clauses to look out for in energy contracts as part of their procurement process? Needless to say, Total Utilities ticks all these boxes.

Aside from engaging a reputable energy management consultancy to help you traverse choppy utility waters, Chris explains there are various ways to hedge against rising costs, to minimise budgetary risk and ensure you comply with regulatory requirements.

Cost saving starts with sustainability & efficiency 
He says that first and foremost, now is the time to explore efficiency, sustainability, and low carbon solutions to increase resiliency. 

“By exploring sustainable solutions such as LEDs, Renewable Energy Certificates, solar and energy conservation methods, you can achieve short term wins and relief from volatile energy prices, whilst also unlocking long term sustainability benefits and future proofing your business.

“Sustainability not only saves money by creating energy efficiencies, it also decreases your reliance on the grid, so you are no longer at the mercy of volatile energy prices,” he adds. 

Keeping the lights on
One of the trends we’re seeing in the industry is a move away from centralised, utility based generation – to so called ‘distributed generation.’ This is a shift from a single source to many sources to allow for increased resiliency and reduced reliance on the grid. 

For example, traditionally if the grid goes down, you have no real option to keep your business going. But if you have solar with battery storage, you might be able to keep the lights on until the grid comes back online. 

Additionally, you avoid the full impact of market volatility if your energy sources are distributed – it goes back to the wisdom of the old proverb, ‘don’t put all your eggs in one basket.’

Talk to us
A great place to start when it comes to navigating the ever-changing energy markets is to talk to our team at Total Utilities. Our data-driven approach, born out of comprehensive investigations and analysis, allows us to carefully tailor energy services and solutions to your business.

With our proven 20 plus years in the energy business, we negotiate over $400 million worth of energy contracts for our clients every year. We can leverage relationships to get you better prices.

Our detailed pricing analysis and tendering services help save time and money by pinpointing the best possible energy contracts and ensuring the most favourable terms and prices.

We put sustainability, cost saving and energy efficiency at the heart of our clients’ businesses, so that they can be both sustainable and highly profitable. 

And in this environment, setting sustainability and carbon reduction targets isn’t just about reducing your environmental impact – it simply makes good business sense.

Contact us to find out more about our energy management consultancy services.
 


Sign up below for Total Utilities Market Commentary to receive all the latest market news and insights.

Subscribe to our Market Commentary

* indicates required

   

Failure not an option with Emissions Reduction Plan

Failure not an option with Emissions Reduction Plan

The release of New Zealand’s first Emissions Reduction Plan sets new urgency around our country’s transition to a carbon-zero future and means slashing 11.5 million tonnes of carbon equivalent off our emissions by 2025.

The plan reveals how the Government will meet New Zealand’s first emissions budget of 72.4 million tonnes a year and underlines the fact that there is no more time for business as usual when it comes to decarbonisation.  And if greenhouse emissions and tonnes of carbon don’t mean a lot to you, picture this; 1 tonne of CO2 would fill 1 large hot air balloon (almost 3,000 cubic metres in volume), and to capture 1 tonne of CO2 emissions, approximately 50 trees must grow for one year. The challenge is real.

Strategic urgency for decarbonisation

During the last 12 months, the conversation has shifted from decarbonisation being a tactical compliance thing for businesses – to having real strategic urgency.
As Total Utilities Director, Chris Hargreaves explains, “Addressing carbon is becoming a business problem and not an optional extra.”
“Creating a low carbon economy requires considerable planning,” says Chris. “Businesses will need to be adaptable and flexible to meet the Government’s emission budgets and reduction plan and they will need to have a plan to mitigate risks associated with it.  “Carbon units will become more expensive over time, increasing the cost of goods and services with high carbon intensity.”

Protect your brand & reputation

The benefits for businesses that address carbon now are huge. Think of the cost savings of needing less energy to run your business and reducing your energy requirements now to mitigate future cost increases. Decarbonisation also means protecting your brand and reputation as more customers turn to sustainable companies.

Furthermore, it gives you a head start in bidding for contracts, with many businesses now asking for details on approaches to sustainability and emission reduction before awarding contracts. 
And front of centre of it all, of course, is the environmental imperative to reduce emissions. Science tells us we need net zero emissions to limit temperature rises to 1.5°C, and the race to get there by 2050 has started. So why aren’t businesses moving faster? Chris says that clients who come to him for advice know they need to do something but often don’t know what to do or where to start.

Total Utilities can help…

This is where Total Utilities comes in. Having worked in New Zealand’s energy market for well over 20 years, we specialise in assisting companies with the decarbonisation process and putting together carbon reduction plans. “We can help you baseline greenhouse gas emissions from across all your operations, so you know where to start,” says Chris. “We then use science-based methodologies to come up with your pathway towards net zero, ensuring a stakeholder lead approach. We can reduce your business risk by adhering to today’s environmental regulations and preparing you for any future legislation.”

Funding challenges are also often a significant roadblock to businesses taking action, explains Chris, but the benefits of future proofing your business and the cost savings over time help offset this.  “Furthermore, we can identify cost savings and revenue opportunities that will have a positive effect on your productivity, profits and performance,” he adds.

 


Sign up below for Total Utilities Market Commentary to receive all the latest market news and insights.

Subscribe to our Market Commentary

* indicates required

The burning question about solar

The burning question about solar

It’s cheap, it’s reliable and it’s not running out anytime soon. So the burning question remains – why isn’t commercial solar as hot as… well, the sun?

Today, the business case for solar is becoming more and more compelling when it comes to commercial use. It’s not only good for the environment – it’s also good for your bottom line.

With electricity prices going through the roof, solar represents a cheap alternative to cut ongoing power costs and hedge against future electricity price increases.

Indeed, solar gets more viable by the day when you consider the gains you receive in terms of ensuring budget stability with predictable, self-generated solar costs. Then there’s the add-on benefit of being able to more accurately forecast operating power expenses.

So, what’s holding businesses back?

Total Utilities Director, Chris Hargreaves, believes it could be down to the perception that the return on investment is too long.

But Chris explains Total Utilities can provide various funding options which make the transition cost neutral, so it doesn’t have to add to overall business debt. And over time of course, you have the ongoing benefit of cheap and sustainable solar.

More viable and better value for money

“Return on investment is now under seven years for a commercial solar array, so it’s becoming much more viable and better value for money for business use,” he says. “Even in the last 12 months, conditions have changed with electricity prices going up and the cost of solar coming down.”
“Reducing your reliance on the grid and generating your own electricity onsite, gives you a strategic advantage and means you can become master of your own destiny, mitigating against energy price volatility.”

Smart with solar

Chris explains that solar users can also get smart with how they use their self-generated power. For example, they can discharge their solar battery at peak times to avoid peak grid rates, as well as generate revenue by selling excess solar energy back to the grid.

Other major benefits include solar being an easily maintainable, consistent power source – providing uninterrupted supply during power cuts. It’s conveniently scalable too, so you can further reduce up front costs by growing your system with your business over time. 

Goodwill of going green

And you can’t underestimate the goodwill generated by being perceived as a ‘green’ business as more and more customers turn to companies putting sustainability at the heart of their operations.

Indeed, when it comes to bidding for contracts, sustainability is becoming central to doing business in many sectors, with clients giving considerable weight to sustainability credentials when it comes to awarding contracts.

So, it seems the jury is no longer out when it comes to solar. It’s time to bask in its uninterrupted glory.  

With the list of benefits including cost saving, controlling utility costs, reducing your carbon footprint, providing uninterrupted power and being easily maintained and scalable – all at the same time as showcasing your eco-friendly creds – only one question remains…

When are you going to join the new power generation?

Download this guide for the benefits and how we can have solar plan for you!

Total Utilities-Powering your business with solar


Sign up below for Total Utilities Market Commentary to receive all the latest market news and insights.

Subscribe to our Market Commentary

* indicates required

Russell Craig – CTO Microsoft New Zealand – Discusses with David Spratt at Total Utilities the cost and business case for Sustainability.

Russell Craig – CTO Microsoft New Zealand – Discusses with David Spratt at Total Utilities the cost and business case for Sustainability.

A recent Microsoft report on New Zealand’s sustainability performance shows that more than three quarters of NZ businesses now have carbon reduction plans and policies. But that’s where the green wave crashes into a wall – and uncertainty about costs is a major factor.

According to Microsoft’s ‘Accelerating the Journey to Net Zero’ report, two related reasons stand out as to why businesses are failing to meet their targets. One is that businesses are unsure how to monitor their emissions, giving them no clear baseline or way to chart their progress. The other is cost. But as Total Utilities Sustainability Director, David Spratt, argues in a recent Microsoft article outlining the report findings, you have to consider the cost to your business of not transforming and the opportunity to increase market share if you do. While the report found that only 43 percent of NZ organisations have the financial resources needed to execute their carbon reduction policies – that’s assuming they’ve made accurate calculations. It’s hard to make a clear business case and create a roadmap for change without the right facts and figures. There are also significant disparities between sectors when it comes to making these estimates.

Decarbonisation – cost vs value

David points out that businesses need to look past simple upfront investments as many calculations relating to sustainable ‘costs’ ignore the significant efficiency gains that can be made. He referenced a manufacturing customer of Total Utilities who was looking to purchase a new transformer worth $1 million. Yet by placing IoT sensors in its factories to measure the actual demand on the system, Total Utilities demonstrated that significant efficiencies could be made that meant the transformer wasn’t needed. As David observed, implementing a well-researched sustainability plan can actually save on both utilities and capex costs. “We had another client, a construction firm, who put in bids for five major projects. Every single one of their clients wanted to know their sustainability credentials, and when they visited other builders’ websites, those credentials were on the home page. Sustainability, and communicating what actions you’ve taken to achieve this, have become essential to doing business in the sector.” He explains that businesses also have to consider their employer brand, in view of today’s skills shortages. People are looking for employers whose values align with theirs, and in many cases, who are actively demonstrating their progress on sustainability and decarbonisation. “When we talk about investing in sustainability, we’re not just talking about environmental sustainability but business sustainability – your ability to retain staff and customers, and their perception that your business is viable into the future,” says David.

Get with the programme

Another major reason that businesses predict they’ll fail to meet their decarbonisation targets is that they are unsure how to monitor their emissions, giving them no clear baseline or way to chart their progress. At Total Utilities, we have dramatically pivoted our business model over the past few years from supporting businesses to monitor and reduce their utility overheads from gas, water, electricity and cloud consumption – to using that data to measure your carbon footprint and support a sustainable transition. Our evolution reflects the fact that in recent years decarbonisation has moved from something just a few, ‘eco-conscious’ businesses or big emitters have focused on, to being embraced by the majority of NZ businesses. The government’s Climate Change Response Act enshrining the net zero carbon by 2050 target in law, as well as a raft of other legislation and consumer demand, have added further pressure to address climate change. The message to NZ business is clear – get with the programme or get left behind. There’s no doubt achieving net zero carbon will require significant investment and commitment right across the board. But turning New Zealand’s poor performance around relies on rapidly turning the tide on our mindset about cost vs value of decarbonisation.

  • Need help calculating and reducing your carbon footprint? We’re here to help! Contact us at Total Utilities.

Sign up below for Total Utilities Market Commentary to receive all the latest market news and insights.

Subscribe to our Market Commentary

* indicates required

Lights, carbon, action for this year’s Earth Hour

Lights, carbon, action for this year’s Earth Hour

Today’s Earth Hour (Saturday 26 March, 8.30 – 9.30pm NZ time) again puts climate action into the spotlight – but a recent MYOB survey highlights that while there’s strong support for climate action among SMEs, many are confused about how to progress.

Earth Hour, which started in 2007 as a symbolic lights-out event, is now held around the world on the last Saturday of March each year to promote action on climate change and to ensure a brighter future for people and the planet. So, what better time to explore results from the latest MYOB small and medium-sized enterprises (SME) snapshot survey regarding attitudes to climate change? 

The survey captured responses from more than 500 local SME business owners and decision makers and results showed 82% of SMEs are concerned about the impact of climate change, with more than 43% very or extremely concerned. Only 18% said climate change was not a concern.

Carbon footprint confusion

The survey also pointed to the fact that more than 69% didn’t know how to measure their carbon footprint – just 21% knew how to measure it and 10% were unsure. Many didn’t know how to begin the process, couldn’t find the best initiatives to fit their business, felt it would be too costly or had a lack of free time and lack of information.

While many SMEs said they need help to map out their plans, the level of willingness to change is positive – though nearly a third (32%) said their business was not currently carbon zero or carbon neutral, they did have plans to be.

Total Utilities can help!

At Total Utilities, we have dramatically pivoted our business model over the past few years from supporting businesses to monitor and reduce their utilities overheads from gas, water, electricity and cloud consumption – to using that data to measure your carbon footprint and support a sustainable transition.

With our comprehensive energy consultancy services that assess, identify, improve and manage your energy usage and efficiency, we can not only help you measure your carbon footprint, but also assist in your journey towards decarbonisation. We have all the knowledge, skills and experience to help you achieve savings, improved efficiency and a more sustainable business model.

Sustainability essential to doing business

Total Utilities Sustainability Director, David Spratt explained that on top of the gains that can be achieved by decarbonisation, businesses also have to consider their employer brand in view of today’s skills shortages. People are looking for employers whose values align with theirs, and in many cases, who are actively demonstrating their progress on sustainability and decarbonisation.

Consumers are also demanding more from companies in terms of sustainable practices. A recent Colmar Brunton poll revealed almost half of New Zealanders say they have switched to brands that are more sustainable. “You have to consider the cost to your business of not transforming,” added David.

  • Need help measuring your carbon footprint? We’re here to help! Contact us at Total Utilities.
  • Sign up for Total Utilities Market Commentary to receive all the latest news and insights on reducing your carbon footprint, sustainability, and renewable energy.

Subscribe to our Market Commentary

* indicates required