Case Study - Charity 1 - Energy Costs

Case Study – Addict Support Organisation

Charity Sector

Presented by: Chris Wheeler

Date: December 2014

Before

• Client spending £40K pa on Electricity and Gas – mainly for heating and lighting in accommodation and office facilities.

• Finance Team had carried out a cost-reduction exercise on their energy supplies relatively recently, so expectations were low.

• Multi-site, multi meter set up, so managing supplies (contract negotiation + inevitable issues such as invoice errors and meter faults) was time consuming.

• Client agreed to a free audit.

Audit and Cost Management Results

• Most energy prices not excessive, but above best market rates, so savings were achievable…

Ongoing Annual Savings - £7,000 (17.5%)

• Client quickly realised the benefit of having energy supplies managed for them….

Initially simple aids such as a cross-reference chart summarising details for each meter and improved communications with suppliers.

After

• Ongoing management of contracts to ensure competitive prices achieved.

• Provision of:

Management reports to help with annual forecasting.

Correction of supplier errors, the most significant being an overcharge of £6K which had gone un-noticed due to a change of personnel at a critical time.

Conclusion

• A happy client… Quote – “As well as cost savings, Auditel provide the added value of keeping track of all our meters and monitoring consumption, this really helps us to control energy costs."

Contact Details

Chris Wheeler

[email protected]

T: 01785 812250

M: 07939 238212

Website: http://www.auditel.co.uk/chriswheeler

Linkedin: uk.linkedin.com/in/cmwheeler1

Twitter: @chriswauditel

Slideshare: http://www.slideshare.net/ChrisWheeler4

Case Study - Charity 1 - Energy Costs

Government & Nonprofit

Transcript of Case Study - Charity 1 - Energy Costs