GO BULK™ explained
Bulk Energy have changed the game for business energy
What does GO BULK™ mean?
GO BULK™ is the constitution, it’s Mabo, it’s justice, it’s law, it’s the vibe and aah no that’s it, it’s the vibe.
We all loved ‘The Castle’, but what’s GO BULK™ all about?
It’s a process whereby we form buying groups of Aussie businesses. In doing so, we create economies of scale, which translates to better buying power.
We take the group to energy retailers and create a competitive reverse auction environment. Retailers must outbid each other with lower rates in order to win the group’s business.
In summing up, the goal of GO BULK™ is simple: We wanted to help businesses of all sizes get a better deal on energy.
I rest my case.
Who can participate?
The requirements to GO BULK™ are simple:
- You have a business electricity account, and
- You’re based in Australia (sorry NZ — we’re almost there!).
The first step is to send us a copy of a recent electricity bill. From there, we will do a free bill check. By “free”, we mean free from both cost and obligation to proceed, if you change your mind.
The next step is we assess your electricity rates, whether or not you’re getting any discounts or paying any hidden fees. If there are any easy wins to save you money immediately, we take them.
If you’re ready to send your bill, please click the button below, or read on for more on how GO BULK™ works.
GO BULK™ for small business
We profile your account based on a number of factors including your location, usage volumes, and contract break fees.
From there, we form buying groups of businesses with similar profiles, creating economies of scale. The idea is, the higher the combined usage of the entire group, the better the rates.
Next, we create a competitive tender environment, whereby retailers must outbid each other for your business, effectively a “reverse auction” scenario.
Finally, we oversee switching to (or re-contracting with) the winning retailer, and followup to ensure you’re being billed correctly.
Large market energy procurement
When we assess your bill, we look at network charges, market charges (including environmental fees and market fees), your contract end date and usage to build up a really detailed picture of your energy profile.
For energy procurement, we use a Request for Proposal (RFP) approach, and carefully communicate with the retailers regarding your energy requirements. We compare retailer proposals down to the minute details of the terms and conditions (T&Cs).
From there, we explain your options – and we repeat this process over as many rounds as necessary to customise a solution. Beyond this, we also provide comprehensive followup post-contract commencement to ensure you’re being charged correctly.
When can I save?
The most common feedback we get is, “I love the idea of GO BULK™ — but I need a new deal NOW!”
No problem. We’ve read ‘The Power of Now’; we get you.
You can always skip the buying group and we will go straight to market and find you the best deal possible at the time. You can still benefit from the high volume of deals that Bulk Energy puts through with the energy retailers each year, even as an individual account.
More often than not, we can secure a better rate that you would going to your retailer direct, and you can easily check by getting your own quote.
If you’ve got a little more time on your hands, however, we’re forming buying groups all the time and we can usually put an offer on the table within a month.
Get your FREE bill check.
- For residential we check: Your rates, whether you are on a standing or market offer, and we’ll also look for hidden fees.
- For tariff bills we check: Your rates, the details of your offer, and whether you are paying any hidden fees.
- For large market bills we check: Your electricity charges, network charges, market charges (including environmental fees and market fees), your contract end date and usage — and much more!