The only catch is that their monthly power bills need to be about $4000 to qualify for the practice.
Flow Power account manager Emmett Williams said most dairy farmers bought their electricity through energy retailers at set prices.
But Flow Power, also an energy retailer, could connect customers directly into the wholesale market.
“We encourage customers to make conscious decisions on how they purchase their energy requirements,” Mr Williams said.
“Flow Power offers the true wholesale price instead of packaging up the retail price and selling it to farmers.
“The wholesale price is always changing on a daily and hourly basis.
“The order of savings is 5 to 30 per cent, depending on what the business does.”
Mr Williams said government regulations meant customers needed to use a certain number of kilowatt hours of energy a month — which equated to about $4000 a month — to be able to buy direct from wholesale energy providers.
They could also buy direct from a wind or solar energy provider under a power purchase agreement.
Mr Williams said the rising cost of energy had prompted many power customers to rethink their electricity agreements.
He said the turning point was the closure of the Hazelwood Power Station, which had resulted in rising power prices.
Some of Flow Power’s customers include Burra Foods, which bought direct from a renewable energy provider through a power purchase agreement.
Other big business customers include almond producers Select Harvests and Olam, along with South Australian grape and almond grower CMV Farms.
Mr Williams said Flow Power could help dairy farmers to not only source power from the wholesale market, but advise them on ways to reduce their costs through changing work practices.
“For dairy farmers, this could mean powering down non-essential plant and operations during peak periods or shifting more energy-intensive operations to periods when energy prices are lowest,” he said.
“There is a lot of value to be captured there financially by tailoring the way farmers use energy during the day.”