The Challenge
A hotel chain approached Inenco looking to improve their energy consumption across their 65 hotels. They wanted to secure a better price for their energy and ensure that they weren’t overpaying on their invoices alongside clawing back any historical overcharges on their gas, electric and water procurement.
They also wanted support with their ESOS compliance for the deadline of December 2019 which involved investigations into their energy consumption and feasibility as well as further investments to optimise their consumption.
Our Approach
We recommended an Options approach for their electric to take advantage of the market and trade within a larger portfolio. We then secured a fixed procurement strategy for their gas to ensure budget certainty throughout the contract.
Secondly, we looked at their energy bills retrospectively to uncover any additional savings from overpayment.
With ongoing query management for the client we ensured any discrepancies were adjusted correctly.
Inenco supported the client with their ESOS Phase 1 compliance for the 2015 deadline and is now preparing them for their ESOS Phase 2 compliance.
The Results
Through these strategies Inenco was able to help the client save £24,000 on their water procurement, £33,100 through query management and £40,562 reclaimed from historical invoices – a combined total of almost £100K since the beginning of their contract in 2016, with continued savings to be made in the future.
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