Case Study - Optimus Hotels
"TCD Energy was an essential partner during our takeover of the hotel in Hoylake. Their quick action in securing a new energy supplier saved us a significant amount of money, and their diligence in identifying and recovering missed government discounts was impressive. The entire process was handled with professionalism and efficiency, allowing us to focus on other aspects of the transition. The £7,840 recouped from the Energy Bill Relief Scheme and the overall savings of £31,000 have been incredibly beneficial for our bottom line. We highly recommend TCD Energy to any business facing similar challenges."
Michael Murphy
Director
£31,500
Annual Cost Reduction
£7,840
VAT Overpayments Recovered
Area: Utility Account Audits and Over-Billing
Optimus Hotels sought to optimise their energy costs
Optimus Hotels is a growing hospitality group that recently expanded its portfolio by taking over a large hotel in Hoylake. With a focus on providing exceptional service and maintaining efficient operations, Optimus Hotels sought to optimise their energy costs during the transition period of their new acquisition.
Optimus discovered that the electricity and gas supplies were on out-of-contract tariffs
Upon taking over the hotel, Optimus discovered that the electricity and gas supplies were on out-of-contract tariffs.
These tariffs were significantly more expensive, and any delay in securing a new supplier and fixed contract would result in substantial additional costs.
Additionally, there were concerns about whether the Energy Bill Relief Scheme (EBRS) discounts were being correctly applied by the current energy supplier.
TCD Energy performed a detailed review of the electricity, gas, and water supply contracts across all locations.
Optimus Hotels turned to TCD Energy for expert guidance in navigating this critical transition period. TCD Energy quickly stepped in to manage the situation and minimise the financial impact on the hotel.
TCD Energy immediately began the process of securing a new energy supplier and negotiating a fixed contract for the hotel’s electricity and gas supplies. This was crucial in preventing the continued high costs associated with out-of-contract tariffs.
As part of the switching process, TCD Energy conducted a thorough analysis of the hotel’s historic energy bills. They calculated the correct Energy Bill Relief Scheme discount that should have been applied and identified discrepancies between this amount and what the supplier had actually credited to the account.
Upon discovering the discrepancy, TCD Energy lodged a formal complaint with the current energy supplier. They provided detailed evidence to support the correct discount calculation and pursued the matter until the missed government discount payments were fully recovered.
The audit led to a significant financial recovery for Optimus Hotels
TCD Energy’s intervention led to significant cost savings and the recovery of funds for Optimus Hotels:
By swiftly securing a new fixed-contract energy supplier, TCD Energy prevented further out-of-contract charges, resulting in a substantial saving of £31,000 for Optimus Hotels.
TCD Energy’s successful complaint led to the recovery of £7,840 in missed Energy Bill Relief Scheme discount payments, which was credited back to the hotel’s account.
f the care home’s utility expenses.
TCD Energy provided Optimus Hotels with significant financial relief, demonstrating their value as a trusted partner in energy management.
This case study highlights TCD Energy’s ability to deliver immediate and substantial cost savings during critical periods of business transitions.
Through expert negotiation and a detailed understanding of government relief schemes, TCD Energy provided Optimus Hotels with significant financial relief, demonstrating their value as a trusted partner in energy management.
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