A BETTER WAY TO BUY ENERGY
Wallace Development Company Limited actively looks for ways to use the combined purchasing power of its portfolio to reduce operating costs for tenants. Procuring services across properties and regions where possible leads to efficiencies. The company insures its property portfolio as a group and so benefits from lower premiums than if each property was individually covered. These savings are passed on to tenants.
POWER TO YOU
It was from this philosophy that Integrated Energy was born. We knew that there had to be a smarter way to procure the electricity supply to each tenancy than the traditional way of each tenant shopping around for the best deal themselves. Working collectively, we are able to purchase electricity on the wholesale market and offer fixed rate pricing, with no contracts that is cheaper than the mainstream companies. In new multi-let buildings we are constructing these as customer networks, reducing the number of physical lines (and ICP’s) and therefore sharing daily line charge fees. We are also investigating Solar and have completed our first installation in the new Tech Collective building in Ahuriri.
In certain circumstances, part of this strategy also works for tenants who do not occupy our properties and Integrated Energy are happy to quote against your current supplier to enable your business to also benefit from the collective purchasing power.