The Challenge:

As a large industrial user of gas and power the KIA Oval were aware that oil had reached a 10-year market low and sought a partnership with Fidelity after their current broker of 12 years had not been pro-active and invested in their partnership to the level they were satisfied with. Their current contract had been signed in March 2016 and fixed for 5 years.

The Solution:

Fidelity Energy scoured the market for ‘future prices’ and managed a procurement selection process to recommend an alternative 5 year fix. This saved the KIA Oval £97,013. In today’s market this saving is more like £250,000. The contract started in November 2016.

Testimonial:

Scott Carey

Operations Director, KIA Oval

Fidelity Energy took control of our energy procurement requirements from start to finish and have provided an exemplary standard of service from the outset. We have been extremely impressed with the professional approach that Fidelity Energy have adopted during the tender process. Their forward-thinking approach throughout has not only resulted in significant savings for The Kia Oval over our new gas and electricity contracts, but has also given us the confidence that we are now paying the most competitive tariff available. I would have no hesitation in recommending Fidelity Energy as a first class ‘energy partner’ for any business interested in keeping energy related expenditure under control.

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