The NSW Business Chamber has kicked off a campaign to help businesses save money on their energy bills and the Western Region manager Vicki Seccombe is encouraging local business to get on board.
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Ms Seccombe said the 5in5 campaign aims to save businesses and residents across New South Wales an estimated $5 million on their annual energy bills over the next five weeks.
“A recent report by St Vincent de Paul found that people living in living in regional and rural NSW are paying up to $1000 more for power a year than those living in the city, so we are keen to ensure we are helping our region’s businesses and residents,” Ms Seccombe said.
Businesses are being asked to utilise the campaign’s free energy comparison-and-switch service to make sure they’re on the best energy plan for them; saving money and reducing operating costs.
The 5in5 campaign is the Chamber’s response to the ongoing cry for help from small businesses.
“The Chamber’s last two Business Conditions Surveys identified that 90 per cent of businesses in NSW rank affordable and reliable energy as a top concern and, when it comes to immediate cost reduction priorities, energy has been ranked as the second most important issue,” Ms Seccombe said.
“We are facing one of the most challenging times in the Australian electricity market – higher prices are placing an enormous strain on business viability and household budgets.
“The current situation is unacceptable and unsustainable.
“We’ve already trialled our new free comparison service and we were shocked to discover that eight out of every 10 businesses that signed up were not on the best deal.
“What’s more, the average estimated saving is more than $1,800 on annual energy bills.
“We look forward to the 5in5 campaign delivering real savings to businesses and households across NSW in the lead up to Christmas.”
Businesses are being encouraged to join the campaign by visiting: https://energy.nswbusinesschamber.com.au/5in5
