Case Study - Gareth's Farm & Caravan Park
"TCD Energy has been a game-changer for our farm. The punitive energy contract we were stuck in was crippling us financially, and I didn’t know how we were going to manage. TCD Energy’s team not only got us out of that terrible contract but also secured much better rates for our utilities, saving us £50,000 a year. They even identified that we were overpaying VAT and helped us recover those funds. The entire process was seamless, and I was so impressed with their work that I’ve become an ambassador for TCD Energy within the farming community. If you’re in agriculture and struggling with energy costs, TCD Energy is who you need."
Gareth Wyn Jones
Farmer and BBC Presenter
£51,500
Annual Cost Reduction
30%
Annual Cost Reduction
Area: Utility Account Audits and Over-Billing
Gareth, the farm owner, faced significant utility expenses
Gareth's Farm is a family-owned sheep farming and caravan park business with extensive energy needs across its operations, including heating, cooling, and water usage.
Gareth, the farm owner, faced significant utility expenses, which were exacerbated by a punitive energy contract signed during the peak of the energy crisis. This contract was brokered by an unscrupulous energy firm, resulting in exorbitant rates that strained the farm’s finances.
Gareth's Farm was burdened by a long-term energy contract that locked them into rates far above the market average
Gareth's Farm was burdened by a long-term energy contract that locked them into rates far above the market average.
This contract, signed during a volatile period in the energy market, severely impacted the farm’s operational costs.
Gareth, concerned about the sustainability of these expenses, sought the expertise of TCD Energy to find a solution.
TCD Energy performed a detailed review of the electricity, gas, and water supply contracts across all locations.
TCD Energy deployed a comprehensive strategy to alleviate the financial strain on Gareth's Farm.
TCD Energy carefully reviewed the punitive energy contract and identified a legal pathway to exit it. By leveraging their industry knowledge and negotiating with the supplier, TCD Energy successfully extracted Gareth’s Farm from the unfavorable agreement without incurring substantial penalties.
After exiting the unfavorable contract, TCD Energy switched Gareth’s electricity, gas, and water suppliers to providers offering more competitive rates. This strategic move led to immediate cost reductions.
TCD Energy also conducted a thorough audit of the farm's utility bills and identified that Gareth was overpaying VAT. Since Gareth lived on the farm, a portion of his electricity and gas usage was eligible for a reduced VAT rate of 5%. TCD Energy facilitated the recovery of these overpayments, providing further
TCD Energy’s intervention delivered significant savings and long-term benefits for Gareth's Farm.
Annual Cost Reduction of £51,000, by extracting Gareth’s Farm from the punitive energy contract and securing new, lower-cost utility suppliers.
TCD Energy’s audit and subsequent actions led to the recovery of overpaid VAT, aligning Gareth’s billing with the correct 5% rate for his residential energy use on the farm.
TCD Energy not only improved the farm’s financial health but also earned a passionate advocate in the farming community.
This case study highlights TCD Energy’s ability to deliver substantial financial relief through expert contract management, strategic supplier negotiation, and detailed billing audits.
By rescuing Gareth’s Farm from a crippling energy contract and securing additional savings, TCD Energy not only improved the farm’s financial health but also earned a passionate advocate in the farming community.
Gareth is now actively promoting TCD Energy's expertise to his local and national farming communities.
0333 335 5200
Suite 9B, Stanley Grange Business Park, Liverpool
info@tcdenergy.com
www.tcdenergy.com
Copyright TCD Energy 2021