Victoria-based Anca, which manufactures CNC tool and cutter grinders, is one of the first businesses to team up with Flow Power — Australia’s fastest-growing business power retailer — to buy electricity generated by the Ararat Wind Farm (also in Victoria).

Anca Group (www.anca.com) CEO Grant Anderson said: “We are always looking for opportunities to reduce our impact on the environment, and the partnership with Flow to access renewable power will bring us tremendous benefits.

This is a win-win, helping both our business and the environment.

“Anca has succeeded on a global scale by taking an innovative approach to manufacturing. We see Flow’s unique model of giving companies back the control over their energy costs as an approach that shares our core value of innovation.

"Furthermore, being part of a wholesale strategy helps to future-proof us in a market where fluctuating power costs are increasingly becoming a concern for businesses. The wholesale strategy generally out-performs fixed retail contract prices, and it provides greater transparency on spend and increased flexibility.”

A Power Purchasing Agreement will give Anca access to fixed rates, which should produce long-term savings. The power generated is offset against use, so when Anca uses more power than is available to it from the wind farm, Flow Power sources additional electricity from the wholesale market to power its operation.

When Anca uses less, there is an option to sell the spare electricity back to Flow Power at an agreed price — or to the wholesale market.