Eco Spectator: A Toronto for Toronto renewable energy source for all things ECO-friendly

Collective Power Purchasing Scheme Established in Canterbury-Bankstown, Australia

Collective purchasing power cuts household energy prices

Ziaad Eltabar is part of Sumenergy which is starting an electricity collective buying scheme in Canterbury-Bankstown.ISABELLA MOORE
Ziaad Eltabar is part of Sumenergy which is starting an electricity collective buying scheme in Canterbury-Bankstown.ISABELLA MOORE
COMMUNITY spirit will aim to reduce power prices under an initiative from a Bankstown company.
Energy prices are predicted to rise when the carbon tax is introduced on July 1, and this has has been a concern for some residents.
Sumenergy is hoping to bring together thousands of Canterbury-Bankstown residents to use the power of collective buying and “shop around” for the best deal from energy suppliers.
Retailers the group plans to approach include AGL, Origin Energy and Australian Power and Gas.
Sumenergy spokesman Ziaad Eltabar said the group hoped to have about 2000 members before approaching retailers.
“We’re not sure how long it will take us to get to that point, we’ll see how receptive the community is,” Mr Eltabar said.
Sign-ups are expected to increase once the company approaches its members with a deal.
“When you actually have something to offer it becomes easier for people to compare it to what they’re currently paying,” Mr Eltabar said. Interested residents can sign up at sumenergy.com.au.
All that is required is an email, a name and a suburb.
Mr Eltabar said there was no obligation to accept any deal.
“Most companies like this spread a very wide net but we’re focusing on Canterbury-Bankstown.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Basic HTML is allowed. Your email address will not be published.

Subscribe to this comment feed via RSS

%d bloggers like this: