Oakhaven Estate Cuts Electricity Costs by €5,260

Case Study Overview

Oakhaven Estate operates an accommodation facility near the Waterford–Tipperary border.

After its electricity contract expired, the estate was automatically moved onto expensive out-of-contract rates. Oakhaven contacted Utilityfair to review its electricity costs and compare the rates and contract options available across all suppliers.

Following the review, Oakhaven Estate moved onto a new 12-month fixed-price contract, reducing its annual electricity costs by €5,260 while providing certainty over electricity costs for the contract term.

Key Highlight: €5,260 annual electricity savings.

The Challenge: Switch Away from Expensive Out-of-Contract Electricity Rates

Oakhaven Estate’s electricity contract had already expired, leaving the business on expensive out-of-contract rates.

With annual consumption of 120,925 kWh, staying on these rates was adding unnecessarily to its electricity costs. The priority was to move back onto a contracted rate while making sure the business chose the right option rather than simply accepting a new contract from its existing supplier.

Oakhaven Estate asked Utilityfair to compare the available rates and contract options across all suppliers before deciding how to proceed.

How Oakhaven Estate Worked with Utilityfair to Reduce Electricity Costs

Shaun from Utilityfair reviewed Oakhaven Estate’s electricity bills to establish what the business was paying on its out-of-contract rates and how these compared with current market rates.

The rates being paid were then compared with the available fixed-price and wholesale tracker options across all commercial electricity suppliers. The comparison showed Oakhaven what it could expect to pay under each option and the savings available by moving back onto a contracted rate.

Oakhaven chose a 12-month fixed-price contract, reducing its annual electricity costs by €5,260 and replacing expensive out-of-contract pricing with a fixed rate for the year ahead.

Results: €5,260 in Annual Electricity Savings

• Annual Electricity Savings: Oakhaven Estate reduced its annual electricity costs by €5,260.
• Full Market Comparison: Fixed-price and wholesale tracker options were compared across all suppliers before the new contract was selected.
• Budget Certainty: The new 12-month fixed-price contract provides certainty over electricity costs for the contract term.
• Contract End-Date Monitoring: Utilityfair will monitor the contract end date so that Oakhaven can review its options ahead of renewal and avoid automatically rolling onto expensive out-of-contract rates again.

Are You Looking for a Better Energy Deal?

Call 01 547 0999 or click below to request a free energy review. We’ll review your current energy contracts and show you how much you could save. We’ll show you every supplier’s rates and explain the different contract options, so you can make the right decision for your business. Once you are happy to proceed, we’ll arrange the new contracts for you with no disruption to your business.