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LATEST MARKET UPDATE: Gas and Power prices are largely trading at parity with last week’s levels, despite some significant price swings at the front of the pricing curve. The bout of low pressure has seen reduced wind output, increasing demand for gas-fired power generation and stretching a European gas system which is struggling to attract global LNG. Winter prices have also been volatile with concerns over gas storage levels being partially offset by positive supply news surrounding the potential completion of the Nordstream 2 gas pipeline. Prices further out have been softer, as renewed coronavirus fears in the wake of the delta variant have weigh on global oil markets.

The Customer - School Academy Group

The School Academy Group are a large collective of primary and secondary schools, with a total of approximately 10,000 pupils aged from 3 to 19.

The School Academy Group works closely with the Diocesan Department of Education, the local authority, the Department for Education, local academies/schools, local businesses, commerce and the wider community.

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The Relationship How Did We Help Them?

After identifying a spike in their electricity bills the client was keen to establish energy efficiency policies and practices. 

We installed smart meters for power, gas and water in all of their schools. enabling the group to accurately measure, monitor and record their usage.

In addition, we commissioned a high level energy survey at all of the sites. This identified a variety of issues that would benefit from investment.

We recommended energy reduction equipment and analysed the market to find the best price tariff and a renewal offer from E.ON for both gas and electricity was agreed upon.

The Outcome What Were The Results?

  • Revolving Green Fund secured for £500k
  • Energy reduction by 16.5%
  • Daily usage reduced by 7,799 kWh
  • Average daily saving of £376.68

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Immunocore

Utility Team helped Immunocore to benefit from a 20% reduction in energy usage which resulted in cost savings of over £1m. 

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