Termina reviews the electricity for every ICP your business runs, takes your load to retailers and holds every contract date, as part of a buying group of 10,000+ business locations across New Zealand and Australia. $0 to join: small businesses pay a share of what we save them, split 50/50, and nothing if we save nothing.
Termina is a New Zealand and Australian business energy procurement company and energy data platform. Brokers are paid by retailers. We're only paid by you.
Figures as at October 2026.
Your ICP number is the 15-character code that identifies where a retailer supplies each site, and our ICP lookup guide shows you how to find and read yours.
In New Zealand it comes down to the meter, not a kWh figure. Both kinds of site can be on fixed-term contracts with exit fees, so we check the contract on every ICP.
| Meter | Market | How we buy it |
|---|---|---|
| Time-of-use (half-hourly) metered | Large market | Taken to retailers on 12 months of half-hourly data |
| Non-half-hourly (NHH) metered | Small market | Reviewed against the market from your bills, with a contract check on every ICP |
Recent PDF bills from your retailer are enough to start. No need to dig out 12 months up front.
We read every ICP, check the contract, and come back with an indicative saving.
With your authority, we request 12 months of usage from your retailer for every ICP.
We put your electricity in front of retailers on your real usage, and hold every contract end date from there.
Running larger sites? See commercial energy procurement.
$0 to join. We refuse retailer commissions in New Zealand, as we do in Australia, so the only way we are paid is a share of what we save you.
A 50/50 share of the saving. Every energy broker is paid by the retailer they put you with. We refuse those commissions, so the only way we get paid is a share of what we save you, split 50/50. No saving, no fee. Our fee sits inside your rates rather than arriving as a separate bill.
Measured against the best rate you can get yourself. If you can already get a better rate than the one you are on, that rate becomes the benchmark, and we only share in savings found beyond it.
Guarantee. On small business plans in New Zealand: if no better rate is found in 12 months, you get $100 off your next bill (NZD). Terms apply.
Published, in full. No fee to run the tender. Once you switch, 1% of your bill (capped at $80 a month) plus 10% of what we save you.
Every contract date held. We track the contract on every ICP and go back to market at the right time.
One platform. Every bill, site and contract in one place: free to start (your first 50 bills), and $0 when we run your procurement.
See Termina pricing.
An EV charging network across New Zealand and Australia: $115.6k saved, 5.90% of its energy spend.
$11.2M saved for clients across ANZ, by business locations buying their energy as one. $0 to join.
On your electricity bill or your retailer account. It is 15 characters long and unique to the connection, so each site has its own.
No. Send recent PDF bills from your retailer and we come back with an indicative number. Once you join, we request 12 months of usage from your retailer with your authority, and use it to go to market.
Yes. We check the contract on every ICP, including the end date and any exit fee, and go to market at the right time so you are not paying to leave early.
In New Zealand it comes down to the meter, not a kWh figure. Time-of-use (half-hourly) metered sites are large market. Non-half-hourly (NHH) sites are small market.
$0 to join. Small business: Every energy broker is paid by the retailer they put you with. We refuse those commissions, so the only way we get paid is a share of what we save you, split 50/50. No saving, no fee. Our fee sits inside your rates rather than arriving as a separate bill. Large business: No fee to run the tender. Once you switch, 1% of your bill (capped at $80 a month) plus 10% of what we save you.
No. Brokers are paid by retailers. We're only paid by you.
Yes. The energy data platform keeps every bill, site and contract in one place, across retailers. It is free to start (your first 50 bills), and $0 when we run your procurement.
Send us a bill for each ICP, and we'll tell you plainly what we can do.
