Control

Your procurement. Your terms. No broker required.

IQ LAB is the first platform in Australia where businesses can run their own energy procurement - from data collection to signed contract - without handing control to a third party. Compare offers in minutes or run a full automated tender. Both start here.

First self-service C&I tender platform in Australia

Sound Familiar?

This is how most businesses manage energy procurement. IQ LAB is built to replace all of it.

01
You find out a contract is expiring six weeks before it ends. There's no time to run a proper process, so you renew on whatever terms the broker brings - or roll onto a default rate while you figure it out.
02
You send data to a broker, wait two weeks for quotes, receive a spreadsheet you can't verify, and sign a contract without being sure the rates are competitive. The broker gets a commission. You get an answer.
03
Three years later the contract expires and the whole process starts again. No record of what you signed. No visibility over other sites renewing. No way to know if the market moved in your favour.
SME

Competitive offers in minutes, not weeks.

For single-site and smaller multi-site businesses, IQ LAB makes energy comparison fast and straightforward. Upload your bill and the platform extracts your rates, usage and contract details automatically. Or connect via CDR for a more accurate comparison built on your actual interval data.

Either way, you see competitive offers from our retailer panel side by side — rates, terms and green power options in plain language - without waiting for a broker, without entering data manually and without committing to anything until you're ready.

  • Bill upload - key details extracted automatically
  • CDR connection - comparison built on actual interval data
  • Live retailer panel - offers returned directly through the platform
  • Side-by-side comparison - rates, terms and conditions
  • Green power options visible at comparison stage
  • No broker - you see every offer, not a curated selection

Best for: Single-site SME, quick checks and straightforward renewals.

Rate Comparison
Sample site · SME
4 offers received
Bill uploaded
Rates & usage extracted
CDR connected
12mo interval data
Site tariff Flat rate · small business · single NMI
GreenPower
4 offers · 2-year plan · ex GST · tap to select
Origin Energy BEST FIT
Flat network · $1.05/day supply · no exit fee
~24.5¢
Lowest rate
Momentum Energy
Demand network · $1.20/day supply · no exit fee
~25.1¢
+0.6¢
AGL
Standard network · $1.10/day supply · no exit fee
~25.8¢
+1.3¢
Alinta Energy
Standard network · $1.00/day supply · no exit fee
~26.5¢
+2.0¢
Same 2-year plan, same GreenPower level, compared like-for-like. You choose the green level, every retailer prices it into their offer. Indicative usage rate in c/kWh; daily supply charge shown separately. Ex GST. Illustrative sample.
C&I Procurement

The first self-service C&I energy tender platform in Australia.

Until now, running a proper C&I energy tender meant engaging a broker, sharing your data with a third party and waiting weeks for a process you couldn't see. IQ LAB changes that. C&I customers can now run a structured, automated Request for Pricing - direct to a panel of major Australian energy retailers - entirely through the platform. And if you'd prefer the IQ LAB team to assist or run it alongside you, that option is there too.

1
Connect your data
IQ LAB pulls your interval data via CDR or your meter data provider - up to 12 months of half-hourly usage and demand profiles. Your load profile is what retailers price against. An accurate tender starts here.
CDR connected
NEM12 interval data
Half-hourly profiles
CDR connected
NEM12 interval data
Half-hourly profiles
2
Check the market first
Before going to market, visit Market Insights. Price indications by state over the last 12 months, supply and demand conditions and retailer movement - updated daily. Choose the right moment, not just when a deadline forces you to.
State-by-state pricing
Updated daily
Market conditions
State-by-state pricing
Updated daily
Market conditions
3
Build your tender
Choose which retailers to approach. Set your preferred contract length - one, two or three years. Opt for GreenPower or carbon offset options at any percentage up to 100%. The platform builds a structured RFP from your interval data automatically.
Choose retailers
Set contract terms
GreenPower options
Choose retailers
Set contract terms
GreenPower options
4
Retailers respond
Your tender goes directly to selected retailers. Responses come back through the platform - structured, comparable and in one place. No inbox chaos, no chasing, no missing emails.
5
Compare side by side
All offers in the same format. Rates, network charges, contract terms, green power inclusions, early termination conditions. Compare like with like - not different documents from different inboxes.
6
Sign and go live
Accept your preferred offer and sign electronically via DocuSign or PandaDoc. Your signed contract uploads automatically. The IQ LAB team oversees the transition and assists with setup where needed. Bill IQ validation begins from day one.
Auto contract upload
Bill IQ from day one
Digital Sign-off
DocuSign / PandaDoc
Auto contract upload
Bill IQ from day one
Winning retailer
Origin
3-year term · Fixed Stepped · 1.5 GWh p.a. · ex GST · illustrative
6 retailers responded
Year 1
$274,027
Year 2
$278,097
Year 3
$282,698
Total saved over the 3-year term
vs staying on current rates, Years 1 to 3 combined
$19,159
Stepped rate card
Origin · rates escalate each contract year
Component Year 1 Year 2 Year 3 Unit
Energy
Peak8.7088.9709.230c/kWh
Off-peak8.0918.4288.774c/kWh
Environmental
LRET0.0620.0620.061c/kWh
SREC0.4530.3710.358c/kWh
VEEC / ESC0.9921.0541.112c/kWh
Supply & metering
Supply1.3151.3151.315$/day
Metering3.4533.4533.453$/day
Network + AEMO · pass-through Set by distributor · Click here to review
All six offers
1OriginBEST
Review offer
2AGL
Review offer
3Shell Energy
Review offer
4Momentum
Review offer
5EnergyAustralia
Review offer
6Engie
Review offer
Award & sign
Save for later
Market Insights

Know when to go to market - not just when you have to.

Most businesses go to market because a contract is expiring. That's the worst possible timing - you're under pressure, you have no leverage and whatever you get is what you get.

IQ LAB's Market Insights page shows price indications across each state over the last 12 months, current supply and demand conditions and retailer movement - updated daily. You can see whether rates have been moving up or down, whether conditions favour locking in now or waiting, and whether your upcoming renewal sits at a natural low point or a peak.

That context turns procurement from reactive to strategic. You choose the right moment to go to market rather than the moment a deadline forces you to.

  • State-by-state price indications - last 12 months
  • Current market supply and demand conditions
  • Retailer movement and market context
  • Updated daily - automatically
  • Available before you launch any tender or comparison
Market Insights
Victoria · C&I
Updated today
Rates vs 6mo avg
Demand pressure
Retailer activity
Price indications · last 12 months
Victoria · C&I
AprJunAugOctDecNow
Green Power

Sustainability commitments built into your contract not added afterwards.

For businesses with carbon reduction targets, sustainability reporting requirements or supply chain commitments to meet, green energy procurement is increasingly non-negotiable. IQ LAB makes it part of the procurement process rather than a separate exercise.

When building your tender or comparison, you can opt for GreenPower-accredited supply or carbon offset options - at any percentage up to 100% - through participating retailers on the panel. You set the level that matches your sustainability targets. The retailers price it into their offers. You compare, decide and sign in the same process as everything else.

For businesses using Scope 2 reporting in the Optimise module, the green power choice you make through Control updates your emissions figures automatically.

  • GreenPower-accredited or carbon offset options available
  • Choose any percentage - partial to 100%
  • Included in the tender process - not a separate exercise
  • Transparent pricing - included in retailer offers alongside standard rates
  • Connects directly to Scope 2 reporting in Optimise
Green Power
GreenPower · this tender
Active on tender
0% · Standard supply
Grid mix. No emissions reduction.
Base rate
25% GreenPower
Accredited renewable. Partial offset.
+0.8¢/kWh
50% GreenPower
Accredited renewable. Halves emissions.
+1.6¢/kWh
100% GreenPower
Fully accredited. Net zero electricity.
+3.2¢/kWh
Contract Management

Never miss a renewal window again.

The most expensive moment in energy procurement isn't signing a bad contract - it's missing a renewal window and rolling onto a default rate while you scramble to catch up. It happens more than it should. Contracts get filed, renewal dates get missed and by the time anyone notices, the site has been on a default tariff for months.

IQ LAB stores every contract - terms, rates, start and end dates, renewal notice periods - and tracks them continuously. Renewal alerts fire well before a window closes. For portfolio operators with multiple sites renewing at different times, you get a single calendar view so nothing slips through.

Contract Management
Renewals · all sites
2 need action
Site 02 · North Grid
Expires 19 Apr 2026 · Origin Energy
12 days
Tender not started
Site 06 · West Hub
Expires 9 May 2026 · AGL
28 days
Tender in progress
Site 03 · East Ring
Expires 6 Jul 2026 · EnergyAustralia
91 days
On track
Site 08 · Central
Expires 20 Jul 2026 · Alinta Energy
104 days
On track
Start the Site 02 tender now
Only 12 days of runway and no tender open. Leave it later and North Grid rolls to a default rate. Two sites need action this month.
The Platform Advantage

Procurement that runs on your own data.

Most procurement tools work with the data you give them. IQ LAB runs on the data it already has about your sites - and that changes what's possible.

The interval data from Monitor feeds your tender pack. Instead of estimating your load profile or relying on billing summaries, your RFP is built on 5-minute intervals. The tariff analysis from Optimise informs which contract terms to prioritise. The green power choice you make through Control updates your Scope 2 reporting automatically.

This isn't three separate tools bolted together. It's one platform where each part makes the others more useful.

The Platform Advantage
One system · not three tools
Monitor · Control · Optimise
Monitor Step 1
5-minute interval data and demand profiles from every site. Retailers price against how your sites actually operate, not estimates.
Feeds → your tender pack
Control Step 2
The RFP runs on that data. Tariff analysis informs which terms to prioritise. Your green power choice sets the level retailers price in.
Sends → signed contract + green choice
Optimise Step 3
Scope 2 reporting reflects the contract you signed. Bill IQ validates every invoice from day one and tariff analysis keeps checking the fit.
Loops back → informs the next tender
Not three tools bolted together. Each part makes the others sharper, the tender runs on data the platform already holds.
How Credits Work

Credits included.
More available when you need them.

Every IQ LAB plan includes procurement credits - used to run tenders and comparisons through the platform. The number included depends on your plan. When you need more, additional credits are available to purchase at any time.

Credits cover both SME comparisons and C&I tenders. No prescribed schedule - use them when you're ready to go to market. For Enterprise customers and partners running high volumes, credit arrangements are discussed as part of your setup.

How Credits Work
Credits included · top up anytime
Every plan
1 credit covers one meter for one year — any SME comparison or C&I tender on that meter
Standard
1
credit / meter / yr
Single meter. Self-serve SME comparisons and C&I tenders.
Plus
3
credits / meter / yr
Multi-meter portfolios. Re-tender through the year as the market moves.
Enterprise
Custom
by portfolio
High meter counts and partner portfolios. Allocation set at setup.
Need more? Top up anytime. No prescribed schedule, use credits when you are ready to go to market. Illustrative, see full pricing for current allocations.
Built for

Used by businesses where procurement decisions have real consequences.

C&I Operators
Large sites, significant energy spend, complex load profiles. Where a well-timed tender with the right terms makes the most material difference.
Hospitality Groups
Multiple sites with variable load and seasonal demand. Procurement that needs to account for solar, demand charges and green power commitments.
Industrial & Manufacturing
High consumption, demand-sensitive tariffs, complex structures. Where getting the contract terms right matters as much as the rate.
Commercial Property
Multiple tenants, shared infrastructure, sustainability reporting requirements. Procurement that reflects how the site is actually operated.
Brokers & Partners
Running procurement on behalf of clients at scale. White-label tools, portfolio workflows and the full procurement stack under your brand.