
Merlo Coffee Roasters
Saved across 17 cafes, including venues in the regional Ergon network.
Read the storyTermina buys energy for businesses with 4 to 10 locations: every site reviewed against the whole market, every renewal date held in one place, and every bill on one platform that is $0 when we run your procurement. $0 to join, with 10,000+ business locations buying as one.
Termina is an Australian and New Zealand business energy procurement company and energy data platform. Australia and New Zealand's biggest energy buyers group.
Figures as at October 2026.
Big enough that energy is a real cost, small enough that nobody owns it. The problems are structural.
Contracts end at different times with different retailers. Miss one and it rolls onto a default rate no one negotiated.
Sites in different regions and towns sit on different distribution networks, tariffs and meter types. The right rate for one is the wrong rate for the next.
A busy site can cross the large market line while the rest stay small, so one portfolio can need two different ways of buying.
Wondering how we compare? See how energy brokers get paid.
A recent PDF bill for each site is enough to start. We read the tariff, network, usage and contract for each one.
Each site is benchmarked on its own tariff, network and usage, then priced as part of a buying group of 10,000+ business locations.
You see the saving and the rate for every site and approve each switch. Nothing changes physically on site and supply is not interrupted.
Every contract end date sits in one place. We go back to market for each site at the right time, and standardise renewal dates and contract terms across regions and retailers.
Only the sites under one legal entity. Energy is contracted per legal entity, so each entity gets its own pricing round and signs its own agreement.
One pricing round. Sites that share a legal entity and a contract start date can go to market together.
One authority, one agreement. One letter of authority covers that group of sites, and the entity signs once.
More load, sharper pricing. The more load we put in front of retailers, the harder they sharpen their pricing.
A round for each entity. Each entity has its own letter of authority, its own agreement and its own credit assessment.
The same buying group behind each one. Every entity buys with the leverage of 10,000+ business locations.
One view of the group. Savings and reporting roll up to the parent on one platform.
Have a site over the large market line? See how we run energy tenders.
In New Zealand it depends on each site's metering. Time-of-use metered sites go to tender at every renewal; other sites are reviewed every month. The table below covers Australian sites.
| State | Large market from | What it means |
|---|---|---|
| Victoria | 40 MWh a year | Below: small market. Above: large market, tendered |
| New South Wales, Queensland, ACT | 100 MWh a year | Below: small market. Above: large market, tendered |
| South Australia | 160 MWh a year | Below: small market. Above: large market, tendered |
| Tasmania, Western Australia, Northern Territory | Rules differ | Ask us and we will tell you which applies |
A bill that is already unbundled, with network, demand and market charges itemised, goes to tender whatever the volume. To see what the market is charging now, see business electricity rates in New South Wales, Victoria, Queensland and South Australia.
Yes. The platform is $0 when we run your procurement. Every bill, site and contract sits in one place, across retailers.
Each bill is read and checked for overlaps and changes in unit price, so errors are caught before they are paid.
Cost per day, week, month, quarter and year, compared between meters, venues, regions or towns.
Export any view, with audit-ready emissions data for climate-related disclosures under NZ CS 1.
The platform has three routes: free to start (your first 50 bills), $0 when we run your procurement, or talk to us about more options. See the platform.

Saved across 17 cafes, including venues in the regional Ergon network.
Read the story


Saved by a family-owned early learning group, with new centres set up through Termina as they open.
Read the story$0 to join. Small business sites: 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 sites: 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. Many portfolios have both, and each site is charged on its own basis.
Only the sites under one legal entity. Each legal entity gets its own pricing round, signs its own agreement and has its own credit assessment. Sites under the same entity with the same contract start date can go in a single round.
Yes. Every entity buys with the leverage of 10,000+ business locations behind it, and savings and reporting roll up to the group on one platform. Each entity still signs in its own name.
We map every contract and renewal date across your sites and go back to market for each one at the right time, so you are never switching early or rolling onto a default rate. Over time we standardise renewal dates and contract terms across regions and retailers.
No. You see the saving and the rate for each site, and approve each switch. Nothing changes physically at a site and supply is not interrupted.
Yes. Birches Early Learning Centre and The Pharmacy Collective have new locations set up through Termina as they open, so a new site starts on the group's process instead of a retailer's default rate.
Yes. Vets Central runs its clinics across Australia and New Zealand on one process. See business electricity in New Zealand.
No. Brokers are paid by retailers. We're only paid by you. See how energy brokers get paid.
Bring us a bill from every site, and we'll tell you plainly what the portfolio would save.