• Inenco has 25TW (£2.4bn) energy under management, which could power the whole of Ireland for an entire year!
  • We have one quarter of the total energy use by UK Industry under management
  • Our customers are paying 48% less than the market price for their gas commodity. That's a saving of £480k per £1m that would have been spent
  • Our experts process over 93,000 invoices per month recovering over £11m per annum in over-charges
  • Inenco look after 8,000 customers across the group, managing 140,000+ meter sites
  • We provide support to over 500 businesses for energy and carbon management
  • Inenco supported over 320 organisations with ESOS Phase 1 compliance and carried out more energy surveys than any other independent consultant in the UK
  • Our solutions team have identified savings of £37.5m per annum for our clients, a total of 495,338,992 kWh savings identified
  • Last year we saved our CCA clients alone £25.5m

Building a better deal for JLL

Client Name: JLL
Find out how our dedicated team of property sector experts helped JLL to secure a competitive price and manage their complex portfolio of landlords and tenants

The Challenge

Property management firm JLL required a consultant with an in-depth knowledge of the property sector to help them find a better energy price for their tenants. With hundreds of commercial premises across the UK, JLL were also looking for support managing the ongoing requirements of their complex portfolio.

“Our dedicated property team were able to streamline JLL's tenant recharging processes and uncover issues that would save their clients thousands of pounds thanks to our metering experts' knowledge.”

Ben Rouncefield-Swales, Head of Property, Inenco

Our Approach

Inenco was able to create a dedicated JLL account team from our property sector experts. Working closely with JLL to understand the individual needs of their account, we were able to broker a completely bespoke basket deal for their portfolio between JLL and their energy supplier. The deal negated the need for security deposits from JLL tenants yet still enabled them to benefit from flexible purchasing. A 100% renewable deal also helped meet sustainability targets. A dedicated account team is also able to support their ongoing tenant requirements.

Invoice Management

One frequent issue for property firms is tenant recharging and resolving complex metering problems that can create significant risk for landlords, with unintentional under- or over-charging a frequent occurrence.

One example is a commercial property that was purchased by a JLL client. Inenco were asked to manage the tenant recharging of the site energy costs, but upon investigation by our account team significant discrepancies were discovered. Tenant sub-meters were recording around 20MWh more than the building’s main import meters. Inenco recommended a site survey, and sent our own metering expert to investigate. We discovered that the sub-meters were incorrectly configured, over-recording consumption by a factor of five. We reconfigured the meters and recalculated tenant recharges to ensure accurate charges were being applied.

Conversely, another sub-metering issue was causing the landlord of a different client to under-charge tenants by thousands of pounds. Inenco worked directly with the facilities manager of the property and sent our own metering team to investigate the problems and survey the property. By correctly configuring the meters to accurately record tenants’ consumption, Inenco was able to identify that service charge needed to be reduced by 50%.

The Results

This resulted in cost savings to JLL’s client of more than £27,000 over a six month period. Without this, the metering issues would have continued and both the landlord and tenants would have been subject to significant risks.

Find out more

If you need support with your Procurement Strategy, call us today on: 08451 46 36 26 or email us: enquiries@inenco.com