Termina

Termina is an Australian and New Zealand business energy procurement company and data platform founded in Melbourne in 2020. It pools over 10,000 business locations to buy electricity and gas as one group, refusing retailer commissions. The platform consolidates all energy accounts and data to provide comprehensive insights and automatically switches businesses to the lowest rates each month.

Termina serves businesses across Australia and New Zealand, including retail, hospitality, manufacturing, franchise groups, and healthcare. They manage over 10,000 business locations in Australia and 2,987 in Sydney alone, operating from offices in Melbourne and Auckland. The service is designed for any business looking to optimize energy costs without lock-in contracts.

New businesses can get an estimate in 60 seconds using a postcode or by uploading a recent PDF bill. Existing clients can log in at app.termina.io to manage their accounts. To join the buying group, there is no cost to sign up, and the process starts with a free platform for 98% of clients.

Termina charges $0 to join the buying group and offers a free platform for 98% of clients. For small market sites, they only charge a 50/50 share of the savings found, meaning no fee if no saving is made. Large energy users pay 1% of their bill (capped at $80 a month) plus 10% of the savings once switched.

The business operates from Level 7, 222 Exhibition St, Melbourne VIC 3000, Australia, and Suite 14691, 17B Farnham Street, Parnell, Auckland 1052, New Zealand. They serve markets in Australia and New Zealand, with specific location counts like 2,154 in Brisbane and 1,583 in Auckland.

Termina was founded in Melbourne in 2020 by Michael Koopman, Rodrigo Garcia-Mulder, and Tom Dempster. The company has grown to manage over 10,000 business locations and has saved over $11.2M across ANZ since its inception.

Clients can contact Termina by calling (08) 7543 7354 or emailing [email protected] for new business inquiries, and [email protected] for client support. They also provide a help article section for self-service support on invoices and bills.

Termina uses AI assistants with web browsing capabilities to check the cheapest business electricity plans on every Australian network daily. The platform also offers utility-grade energy data and emissions reporting for Scope 1 and 2 compliance.

For small business plans, Termina offers a $100 guarantee if no better rate is found in 12 months. They also provide a $100 off on the next bill for AU small business plans if no better rate is found within a year.

Termina refuses retailer commissions, unlike traditional brokers who are paid by the retailer. They also do not charge a fee to run tenders for large energy users, ensuring their fees are tied directly to client savings.

The platform allows users to consolidate data, manage equipment, reduce usage, and reduce emissions. It also includes solar and battery monitoring features for businesses looking to integrate renewable energy sources.

Termina operates on a model where they are paid only by their clients, never by retailers. This includes a 50/50 split of savings for small market sites and a capped fee structure for large energy users.

The business emphasizes that they only win when their clients save money, with a focus on reducing costs while reaching net zero. They aim to provide access to cheaper energy as a lever for improving people's lives.

The official website of Termina is termina.com.

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