Corin Group have been leading the way in orthopaedic innovation for over 30 years. They offer a unique combination of clinically-proven hip, knee, ankle and shoulder solutions and world-leading technologies that enable patients, surgeons and healthcare providers to connect more closely than ever.
Corin Group have a global presence, their UK operation based in Gloucestershire has seven units across three buildings with five electricity meters and the same number of gas meters.
The company were engaged with another energy broker before speaking to Resolve. Following a full site and meter audit with the energy suppliers, Resolve discovered that the group of contracts were spread across more than one supplier, paying varying rates with some meters on deemed rates, resulting in massive over payments to the suppliers.
Resolve were able to place all meters with a common supplier with common end dates for electricity and gas alike, all benefiting from long term fixed price contracts. We also discovered that several of the meters had an unnecessarily high capacity allowance. By collating and analysing the relevant meter data, it became obvious that we could help the company to reduce the allowance immediately.
The work resulted in massive savings of around £750,000 across the contract term. The reduction in capacity allowance led to a £70,000 reduction in kVA charges alone.
Outcome and Next Steps
With a single supplier and common end dates now in place for the company, management of the accounts and renewals is straight forward, eliminating the chance of finding themselves on deemed rates.
Resolve will continue to manage the accounts and handle any queries along the way.
“We appointed Resolve Energy to be our energy procurement consultant from 2017. Since then they have negotiated a number of new energy contracts for all 7 of our units on our behalf, securing long term contracts at very competitive market rates. I would have no hesitation in recommending their services. I have always found Matt to be professional and courteous at all times and very proactive in his role resolving any queries we may have.”