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

This is how most businesses manage energy procurement. IQ LAB is built to replace all of it.
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.
Best for: Single-site SME, quick checks and straightforward renewals.
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.
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.
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.
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.
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.
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.
Run a free comparison in minutes or book a demo to see the full C&I tender process on your actual data. No broker. No commitment. No waiting.