The Beacon School had been procuring energy through multiple suppliers for some years. Not proactively managed this had left the school with numerous contracts, differing end dates and management issues relating to their energy bills. Renewals had been missed on a number of occasions and this had resulted in them incurring unnecessary costs on “out of contract rates” imposed by the suppliers.
Keen to get a grip of their energy procurement, costs and management they engaged Fidelity Energy.
We went to our suppliers looking to streamline the school’s supply contracts. Our overall aim was to simplify the way the school was billed for their energy. At the time, the market was on the rise, so, being proactive we looked to buy at a long-term locked-in price to secure the price.
This would provide the school with budget certainty for a significant period and prevent their bills from being effected by future energy price rises.
With Fidelity Energy’s market expertise and skilled team it didn’t take long to identify the best deal for the school. The end result was to deliver a single supplier for each gas and electricity contract, with co-terminus end dates. Meaning that renewals were simple and the price was locked in.
This left the school with the peace of mind that their energy costs were set for the foreseeable future and they could allocate the savings to other resources. Fidelity continues to supply proactive energy management to the school, ensuring long-term good energy management.
From the start Fidelity Energy were engaging and understood our requirements as a school very quickly. The solution has allowed focus to remain on my day to day in the knowledge the school’s energy procurement is in safe hands. The process was very simple and efficient and would recommend their services from my own experience