The customer had been with their existing supplier for 7 years – having auto renewed their energy contract 3 times previously. The customer contacted Estuary Utilities to help to reduce their operating costs and to advise them on long term Energy sustainability.
We approached this by:-
The customer accepted a new 2 year electricity deal, saving £2,400 per year vs their existing contract. We were pleased to offer this, even though the wholesale cost of Electricity had increased by almost 18% since the customers pervious contract.
We are also working with the customer to quote and install a new roof mounted SOLAR power system, which will further reduce the customers grid power consumption by up to 20% per year. This will also help the customer to achieve their carbon / emission reduction goals.
The customer was approaching the end of their existing 24 month contract for mains gas – the customer got in touch to see if we could offer a competitive quote. As the customer was within 210 days of their contact expiry date we were pleased to help.
We went out to tender through our database of approved suppliers and brought together the 5 most cost effective options for years 1-5 (cost reduction was the main focus of this enquiry).
The customer has accepted a new 12 month gas contract at a similar rate to their previous gas contract. We were pleased to achieve this as the wholesale gas market had lifted and the customers current renewal offer would have meant an increased spend of £12,950 per year. We will be reviewing the customers electricity supplier options when the contract becomes available in 2022.
The customer had 3 warehousing / distribution sites, each with separate metering, suppliers and contracts. 2 sites were within contract, 1 was outside of contract and paying out of contract rates. The customer approached us to see if we could help to reduce their Energy spend and simplify their Utilities.
With the customers authority, we spoke to all suppliers involved to pull together a supply plan. We then forward dated 2 contracted supply points so that we could manage these when they became available and went out to tender for the site that was out of contract.
23 out of our 42 suppliers were happy to offer a quote for the supply point, with most offering for more than contract one term. In total we had 104 quotes of which we selected the most competitive for years 1 – 5 to offer.
The customer selected a 3 year deal which saved £593 per year vs their existing contract. This wasn’t the cheapest quote on offer – however – it offered a competitive rate over a longer contract period and so reduced the long term pricing risk which was important to the customer.
Estuary Oils Depot
Progress Industrial Estate Station Road
Rogiet, Monmouthshire, NP26 3UE