LATEST MARKET UPDATE: UK gas and power markets have traded lower across the curve so far this week, with a bearish outlook as Norwegian outages come to an end next month and fears of a second wave of Coronavirus has pushed prices within the wider commodities lower. Oil prices in particular continue to be pressured by the threat of a reduced demand that a second wave of Coronavirus could bring, with prices trading below $40/bbl for the first time since mid-June.

The Customer Southern Famers Ltd

Southern Farmers Ltd is an agricultural buying group with a membership in excess of 1,000 and is a mutual co-operative operating as a non-profit making organisation.

Its sole purpose is to act as a buying agent for its members and to benefit them by negotiating the most advantageous terms possible with group suppliers.

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The Relationship How Did We Help Them?

We began working with Southern Farmers to arrange supply of water to the group, as their members were dissatisfied with the level of service that they were receiving from their previous water supplier.

Southern Farmers' usage can fluctuate greatly throughout the year; this is an issue we made sure we were aware of and took into account.

We found that their members preferred a more consistent and frequent billing service. Additionally, we worked to ensure that members saved money on their water bills; we did this through passing on the wholesale price, which is ultimately the lowest. 

The Outcome What Were The Results?

  • 224 members helped
  • 436 million meters switched
  • Total annual saving of £200k
  • Consolidated monthly bills
  • More consistent meter readings

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