How Inform Nutrition Ireland Cut Electricity Costs by €36,489 Through Competitive Procurement

Case Study Overview

Inform Nutrition is one of Ireland's leading manufacturers of vitamins, minerals and nutritional products for animal nutrition. Operating from a large manufacturing facility in Cork, the company has significant electricity requirements across its production processes and equipment.

With six electricity meters across the facility, Inform Nutrition wanted to establish whether its existing electricity rates remained competitive and assess the different pricing and contract options available across the market.

Utilityfair reviewed the company's electricity consumption and existing rates before comparing pricing from all suppliers for each of its six meters. We then worked with Inform Nutrition's procurement and finance teams to assess different contract lengths and the benefits of fixed pricing compared with tracking wholesale electricity prices.

Following the market comparison, Inform Nutrition moved to a new 12-month fixed-price contract, reducing annual electricity costs by €36,489, or 12.7%, while providing greater certainty over its energy budget. Utilityfair also aligned the contract end dates across all six meters, simplifying future contract renewals.

Key highlights: €36,489 annual electricity savings across six meters, representing a 12.7% reduction in electricity costs.

The Challenge: Reducing Electricity Costs Across Multiple Meters

Inform Nutrition operates a large manufacturing facility in Cork with six electricity meters and annual electricity consumption of 751,759 kWh. With this level of consumption, electricity represents a significant operating cost for the business.

The company wanted to establish whether the rates being paid across its six meters remained competitive and whether savings could be achieved by moving to alternative supplier or contract arrangements.

Inform Nutrition also needed to assess different procurement strategies, including fixed pricing and wholesale market tracking, together with different contract lengths. This required a detailed comparison of the available options for each meter to determine the most suitable approach across the facility.

How Inform Nutrition Worked with Utilityfair to Reduce Commercial Electricity Costs

Utilityfair worked with Inform Nutrition's Procurement Manager to review electricity consumption, billing data and existing unit rates across all six meters at the Cork manufacturing facility.

We then prepared an individual price comparison for each meter, comparing offers from all suppliers in the market. This allowed Inform Nutrition to assess the available pricing and potential savings across the entire site rather than considering each electricity contract in isolation.

Utilityfair held several Zoom meetings with Inform Nutrition's finance team to review the results and discuss the different procurement options. These included 12-month and 24-month contracts and the relative benefits of fixed pricing compared with tracking wholesale electricity prices.

After reviewing the available options and projected savings, Inform Nutrition decided to move to a new supplier and secure a 12-month fixed-price contract. Utilityfair managed the contracting and supplier registration process across all six meters and aligned the contract end dates, making future renewals easier to manage.

The new contracts reduced Inform Nutrition's annual electricity costs by €36,489 while providing greater certainty over electricity costs for the year ahead.

Results: €36,489 Annual Electricity Savings

• Total Savings: Inform Nutrition reduced its annual electricity costs by €36,489, representing a 12.7% reduction compared with its previous electricity costs.
• Multi-Meter Procurement: Pricing was compared across all suppliers for each of the company's six electricity meters, allowing Inform Nutrition to assess the available options and potential savings across the entire facility.
• Contract Strategy: After comparing fixed pricing with wholesale market tracking and reviewing different contract lengths, Inform Nutrition selected a new 12-month fixed-price contract.
• Contract Alignment: The contract end dates across all six electricity meters were aligned, making future renewals easier to manage and allowing the meters to be reviewed together.
• Budget Certainty: Moving to fixed pricing provided greater certainty over electricity costs for the year ahead while securing significant annual savings.

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.