LATEST MARKET UPDATE: Following a spate of panic-buying yesterday (12th January), gas and power prices have opened down in early trading this morning. Spot prices remain historically high today, but indications are that European traders’ anxieties following a spike in demand in the Asian markets may have been excessive.

The Customer - Rascal Confectionery

Rascal Confectionery Limited is one of the UK and Europe’s leading manufacturers of coated dragée.

Founded in 1967, Rascal have over
50 years of experience within their field.

Rascal Confectionery have a purpose-built factory over 6500m2 which stands on a site of 1.2 hectares (2.5 acres).

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The Relationship How Did We Help Them?

Utility Team and Rascal have been working together for the last decade. We have consistently provided contractual energy procurement advice and worked to ensure renewable energy sources have been made a reality.

In 2019, Rascal was looking to implement solar PV onto the roof of their site. However, as with a lot of these projects, costs were a stumbling block. By utilising our Revolving Green Fund, Rascal Confectionery was able to access interest-free funding of £50,000 to commission the work.

The solar project is now live and performing well, resulting in a reduction in consumption in excess of 30% annually. 

The Outcome What Were The Results?

  • Energy consumption reduced by 30%
  • Revolving Green Fund secured for £50k
  • Long term gas & energy procurement
  • Relationship spanning 15 years

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