Find Savings. Back it with data.
Most businesses are paying more than they should. Overcharged bills, tariff structures that don't match how sites actually run, demand charges triggered by short peaks, network costs that have never been reviewed. IQ LAB finds them automatically.
When IQ LAB runs across a portfolio for the first time, this is what usually comes up.
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Every invoice checked. Automatically.
Most businesses trust their energy bills. They shouldn't - not because retailers are deliberately wrong, but because bills are complex, contract terms change, and errors slip through. Rate mismatches. Incorrect meter reads. Charges applied after a contract ended. Estimated consumption billed as actuals.
IQ LAB validates every invoice automatically against your meter data and contracted rates. When something doesn't match, it flags the discrepancy with the specific line item, the amount and the likely cause. When everything checks out, it confirms that too. Every validation is logged, timestamped and ready if you need to raise a dispute.
- Automated validation against contracted rates and meter data
- Discrepancy flagging with line-item detail and estimated impact
- Estimated billing identification
- Full audit trail across every site and invoice
- Dispute documentation — everything ready to send
Make sure you're on the right tariff for how your sites actually run.
Your energy tariff isn't just a rate - it's a pricing structure. Time-of-use periods, demand thresholds, network access charges, capacity charges. If that structure doesn't match how your sites actually consume energy, you're paying more than you need to regardless of how competitive your contract rate looks.
IQ LAB analyses your actual half-hourly consumption profile against your current tariff structure and models what you would have paid under alternatives. It identifies where your load profile doesn't align with your pricing, quantifies the gap and shows you what a better-suited structure would mean for your costs.
- Tariff structure analysis against actual load profile
- Alternative tariff modelling and cost comparison
- Network access and capacity charge review
- Ongoing monitoring as usage patterns change
- Output feeds directly into your next procurement event
Reduce the charges you didn't know you were paying.
Demand charges are one of the most misunderstood costs on a commercial energy bill. They're calculated on your highest peak - sometimes just a 15 or 30-minute window in an entire month - and they can represent a significant portion of your total bill. A single demand event can set your charges for the whole period.
Power factor is the other side of the same problem. If your equipment draws more current than it uses productively - common with motors, air conditioning and older industrial equipment - you're paying a penalty charge for the inefficiency. Most businesses have never had this reviewed.
IQ LAB identifies demand events as they happen, shows you what triggered them and models what your charges would look like with different operational patterns.
- Demand event identification and peak analysis
- Cost impact per demand event
- Power factor trend monitoring by site
- kW vs kVA clarity - what you're being charged and why
- Operational recommendations to reduce demand peaks
Network charges are 30–50% of most commercial bills. When did you last review yours?
Network charges - the cost of delivering electricity through the poles and wires to your site - make up a significant portion of every commercial energy bill. They're based on your network tariff classification: the capacity assigned, how your demand is measured and how your peaks are treated.
Most businesses have never had this reviewed. It was set when the site was first connected and hasn't been looked at since - even if the site's load has changed significantly.
IQ LAB analyses your interval data against your current network tariff classification and identifies whether it still matches how your site actually operates. Where a review identifies a potential saving, IQ LAB quantifies it and supports the application process.
- Network tariff classification review against actual data
- Excess capacity identification
- Demand measurement structure analysis
- Saving quantification where reclassification is appropriate
- Supported review and application process
Spot the changes before they become costs.
Energy usage doesn't change overnight. It drifts. Equipment ages and becomes less efficient. Operational patterns shift. A new piece of machinery changes the load profile of an entire site. These changes often go unnoticed for months - and by the time they show up on a bill, the cost has already accumulated.
IQ LAB continuously monitors usage patterns across your portfolio and builds a baseline for each site. When consumption shifts - gradually or suddenly - it flags the change, suggests likely causes and shows you when the deviation started. Whether it's slow efficiency drift or an overnight anomaly, you see it before it becomes a significant cost.
- Continuous baseline monitoring per site
- Gradual drift detection - not just spikes
- Change point identification - when did it start?
- Suggested causes based on usage pattern
- Connected to the alert system for timely notification
Scope 2 reporting that's built in, not bolted on.
Scope 2 emissions - the indirect emissions from the electricity your business consumes - are increasingly required reporting for businesses of all sizes. Whether you're meeting NGERS obligations, responding to investor questionnaires, setting sustainability targets or supporting a client's supply chain requirements, you need accurate, auditable emissions data.
IQ LAB calculates your Scope 2 emissions automatically from your actual consumption data using recognised Australian emissions factors. You get both location-based and market-based figures - the two methods required under most reporting frameworks.
The output is available as a dynamic dashboard you can track throughout the year, and as a downloadable report in NGERS-aligned format - ready for sustainability reports, board presentations or compliance submissions without rebuilding from a spreadsheet. For businesses using IQ LAB to procure green power or carbon offset options through the Control module, emissions reporting updates automatically to reflect the contract chosen.
- Automatic Scope 2 calculation from actual consumption data
- Location-based and market-based figures
- NGERS-aligned reporting format
- Dynamic dashboard view and CSV download
- Reflects green power and offset choices from procurement
- Supports board reporting, sustainability submissions and compliance
A clear view of what to fix first.
IQ LAB surfaces efficiency opportunities across your portfolio - ranked by impact and ease so your team can prioritise properly rather than working from gut feel.
The insights are built from your actual data across every Optimise module - tariff analysis, demand patterns, bill validation findings, trend monitoring and network reviews. They're configured to show what matters for your business, whether that's cost reduction, carbon performance, operational efficiency or all three. Each insight comes with context, an estimated impact and a recommended next step. Progress is tracked so you can see what's been acted on and what's still open.
- Ranked opportunities by impact and ease
- Configured to your reporting priorities
- Built from your actual data — not generic recommendations
- Tracks progress on open and completed actions
- Covers cost, carbon and operational efficiency
The businesses that get the most from Optimise.
Any business paying a commercial energy bill has something to find. These are the ones where the impact is typically largest.
Find out what you're missing.
Connect your data or upload a bill and IQ LAB will show you what it finds across your portfolio - automatically, without anyone doing the manual work.
