Business Renewables Buying Group

Renewable energy poster

The Business Renewables Buying Group is designed to bring together a group of like-minded businesses seeking to switch to 100% renewable electricity.

With the support of an external facilitator, the group will work collectively to scale up their buying power whilst cutting complexity, time, and cost associated with going 100% renewable. 

What you will get access to

  • Improved market response for your businesses, with more options and potential price benefits due to increased load.
  • Ability to work with others who are going through similar decisions to compare considerations and support each other.
  • Reduced project costs and staff time by spreading the workload across the group.
  • The process is led by an experienced facilitator, with access to specialist strategic advice.

Benefits for your business

  • Cost effective way to reduce emissions and deliver on your strategic goals.
  • Long term and stable pricing provide budget certainty and reduces exposure to energy market volatility.
  • Avoid repeated internal procurement processes over the duration of the power purchase agreement contract.
  • Participation in this project and renewable energy purchase can provide reputation, branding and leadership benefits.
  • Opportunity to directly support the renewable energy industry.

Eligibility

  • Businesses with a medium to large energy consumption - over 500MWh per annum of electricity (spending ~$100,000 per annum).
  • Be open to signing a long term (plus 5 years) renewable electricity supply agreement.

There is no initial upfront cost.

Energy and legal advice costs will be determined as groups of businesses form.

More information on the Business Renewables Buying Group for any interested Victorian business can be found on the City of Yarra website (lead council in initiative). You can express interest in joining the group using this online form.

If you have any questions, please email sustainability@monash.vic.gov.au

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