Case Study Overview

Arramara Teoranta is a long-established Irish seaweed processing company based in County Galway, operating in the West of Ireland since 1947. With significant commercial energy requirements, the company wanted to review its existing electricity costs ahead of contract renewal and determine whether more competitive rates were available.

Utilityfair reviewed Arramara Teoranta's energy consumption, billing data and existing unit rates before comparing pricing and contract options across all suppliers in the market. We then worked with the company's Senior Finance Manager to assess the available procurement options and determine the most suitable approach for the next contract period.

Following the market comparison, Arramara Teoranta switched supplier while retaining a fixed-price contract, securing more competitive electricity rates and maintaining certainty over its energy costs.

The new contract reduced annual electricity costs by €13,231.

Key highlights: €13,231 annual electricity savings, improved day and night electricity rates and a new 12-month fixed-price contract secured following a full comparison of all suppliers in Ireland.

Arramara Teoranta Energy Review: Key Figures
Industry	Manufacturing and Food Production
Location	Galway
Annual Electricity Usage	880,510 kWh
Annual Electricity Spend	€238,904
Procurement Strategy	Competitive market review and fixed-price procurement
Contract Length	12 months
Outcome	€13,231 annual electricity savings

Customer Testimonial: Arramara Teoranta on Working With Utilityfair

"With our level of electricity consumption, securing competitive energy rates is an important part of managing our operating costs. We worked with Dan at Utilityfair to review our existing electricity contract and understand the options available before our contract was due for renewal.

Dan clearly explained the different procurement options and presented pricing from all suppliers in the market, allowing us to compare the available offers and make an informed decision. After reviewing the options, we decided to switch supplier and secure a new 12-month fixed-price contract.

The new contract will reduce our annual electricity costs by €13,231 while giving us certainty over our electricity pricing for the year ahead. Dan made it easy for us to understand the different options and decide which approach was right for the business. We were very happy with the service and the outcome."

— Derek Cunningham, Senior Finance Manager, Arramara Teoranta

The Challenge: Reducing Electricity Costs Ahead of Contract Renewal

Arramara Teoranta consumes 880,510 kWh of electricity annually across its operations in Galway, making electricity a significant operating cost for the business.

As its existing electricity contract approached renewal, the company wanted to establish whether its current rates remained competitive rather than automatically renewing with its existing supplier.

Arramara Teoranta therefore wanted to compare pricing across the market, assess the different procurement options available and determine whether switching supplier could reduce its annual electricity costs while maintaining the budget certainty of a fixed-price contract.

How Arramara Teoranta Worked with Utilityfair to Reduce Electricity Costs

Utilityfair reviewed Arramara Teoranta's electricity invoices, consumption data and existing unit rates to establish a clear picture of the company's annual electricity costs and usage requirements.

We then compared pricing from all suppliers in the market, allowing Arramara Teoranta to assess its existing rates against the available alternatives. Working with the company's Senior Finance Manager, we reviewed the different procurement options and discussed whether remaining on fixed pricing or moving to a wholesale tracker contract was the most suitable approach.

Following the market comparison, Arramara Teoranta decided to remain on fixed pricing but switch to a new electricity supplier. The new 12-month contract reduced the company's electricity unit rates by 2.2 c/kWh for daytime usage and 1.5 c/kWh for night-time usage, delivering annual electricity savings of €13,231 while maintaining certainty over energy costs for the year ahead.

Results: €13,231 Annual Electricity Savings

Total Savings: Arramara Teoranta reduced its annual electricity costs by €13,231 after switching to a new commercial electricity supplier.
Competitive Market Review: Utilityfair compared pricing from all suppliers in the market, allowing the company to assess its existing rates against the available alternatives before making a procurement decision.
Improved Unit Rates: The new contract reduced Arramara Teoranta's electricity rates by 2.2 c/kWh for daytime usage and 1.5 c/kWh for night-time usage.
Contract Strategy: Arramara Teoranta remained on fixed pricing while switching supplier, securing a new 12-month electricity contract at more competitive rates.
Budget Certainty: By retaining a fixed-price contract, the company maintained certainty over its electricity pricing for the year ahead while reducing annual energy costs.

Are You Looking for a Better Energy Deal?

Call 01 547 0999 or click below to request a free energy review. We will assess your current energy contracts, identify potential savings opportunities, and advise on the most suitable procurement options for your business. If you are happy to proceed, we will arrange the new contracts and manage the entire switching process, ensuring a seamless transition with no disruption to your operations. Utilityfair helps businesses reduce energy costs through competitive procurement.