£30 000 Saved by Renegotiating a Corporate Energy Contract

by | Apr 26, 2018

When Woodgrange Laundry approached Smarter Business, their corporate energy contract was not suitable for their energy-intensive business. They had also been overcharged by their gas supplier, which has billed one of their meters incorrectly. It was up to us to find a solution, and devise and implement a strategy for savings.

A high-end commercial laundry, Woodgrange Laundry has several branches across London, catering to a range of clients. With multiple sites with high energy use, securing the right corporate energy contract is critical to their overall success.

Managing Director Daniel Browne says: “Smarter Business enabled us to sort out the issues with our existing energy provider and re-tender with another that better suited our needs. A new electricity contract was arranged, as well as a new gas deal.”

As a result of Smarter Business renegotiating the corporate energy contract, Woodgrange Laundry was able to secure savings of £30 000. “Their expertise in managing contracts enabled us to get a new arrangement that gave us access to the wholesale market, which resulted in significant savings,” said Browne.

The right corporate energy contract for Woodgrange – how we did it

  • Woodgrange’s new corporate energy contract trades gas through the month in line with fluctuations in the market price.
  • The new contract replaces the unit rate and standard daily charge with gas purchased upfront.
  • Implementing a climate change agreement has also significantly reduced Woodgrange’s costs, providing 65% relief on one of their charges. The result is a savings of around £3300 per year on electricity and £5500 on gas.

Corporate energy contract savings are just the start…

As part of our corporate energy procurement service, we continue to offer strategic energy management advice. We monitor their contracts and report on energy use to identify energy efficiencies. Trusted for our solutions-driven approach and expertise, we have now built a strong partnership with Woodgrange Laundry.

Need help with your corporate energy contract? Contact a Smarter Business consultant for a free consultation.

MOP DC/DA For Business Electricity | Smarter Business

Energy Spotlight: MOP DC/DA Contracts  What Are MOPs and DC/DA and Why Are They Important?  Effective metering and timely energy data hold extensive potential benefits for businesses. These include billing accuracy, effective energy efficiency strategies, and costs...

2024 Commercial Energy Price Forecast | Smarter Business UK

2024 Commercial Energy Price Predictions  For business owners, the question on everyone’s minds is, “Will energy prices fall in 2024?” At first glance, we appear to have started strong in 2024 – with a 12% reduction in the short-term energy price forecast according to...

2024 Business Energy, Gas, Water, Facilities Maintenance

Business Energy Tips for a Strong Start In 2024    Insights To Ensure Business Utilities Are New Year Ready  As we take our first steps into the new year, it is the perfect time to get everything in line to start 2024 on the right foot. Take the time to relook at...

2023 Winter Business Energy Savings

Quick Tips for Winter Energy Worries  How To Prevent Winter Energy Woes    As winter approaches, the cost of winter energy – at home and at work – is on everyone’s minds. It’s a good time to scrutinise energy consumption with savings in mind.  The domestic energy...

How the Israel-Hamas Conflict Affects Gas & Energy Prices

Will the Hamas-Israel Conflict Affect Energy Prices?  How the Hamas-Israel Conflict Impacts the Energy Market  The Hamas-Israel conflict has caused concern around the effect on the energy market. What is the connection between the Middle East and your energy bill?...