Case Study Overview
Choice Services Ireland manages a portfolio of 20 commercial electricity meters, making electricity a significant operating cost across its properties.
The business wanted to make sure its electricity costs were being kept as low as possible, so it contacted Utilityfair to review its existing rates and compare the prices and contract options available across all suppliers.
Following a full market comparison, Choice Services Ireland decided to switch supplier while retaining a fixed-price contract. The new 12-month contracts reduced annual electricity costs by €20,515 and provided greater certainty over electricity costs for the contract term.
Key Highlights: €20,515 in annual electricity savings across 20 meters.
| Choice Services Ireland Review: Key Figures | |
|---|---|
| Industry | Property Management |
| Location |
Dublin |
| Annual Electricity Usage | 255,511 kWh |
| Annual Electricity Spend | €104,992 |
| Procurement Strategy | Competitive market review and fixed-price procurement |
| Contract Length | 12 months |
| Outcome | €20,515 annual electricity savings |
Customer Testimonial: Choice Services Ireland on Working With Utilityfair
"Managing 20 electricity meters across our properties means electricity is a significant cost for us. We wanted to make sure we weren't paying more than we needed to, while still having certainty over our electricity costs.
Dan from Utilityfair reviewed our electricity accounts and sent us a side-by-side comparison of the rates and contract options available from all suppliers. He talked us through the different options, and we decided to switch supplier and fix our electricity rates for 12 months.
This reduced our annual electricity costs by €20,515. Dan made the whole process straightforward, and we're very happy with the savings. I would happily recommend Utilityfair to other businesses managing multiple electricity meters.
— Colin Buick, Senior Finance Manager, Choice Services Ireland
The Challenge: Managing Electricity Costs Across 20 Meters
Choice Services Ireland has 20 commercial electricity meters across its property portfolio, with annual electricity usage of 255,511 kWh.
With electricity costs spread across multiple properties, the business wanted to establish whether it was paying more than necessary and whether better rates were available from other suppliers.
Choice Services Ireland asked Utilityfair to carry out an independent comparison of electricity prices and contract options across all suppliers, with the aim of reducing costs while maintaining certainty over its electricity budget.
How Choice Services Ireland Worked with Utilityfair to Reduce Electricity Costs
Dan from Utilityfair reviewed Choice Services Ireland’s electricity bills across all 20 meters, including annual consumption, existing rates and contract arrangements.
A full market comparison was then carried out across all commercial electricity suppliers, including fixed-price contracts and wholesale tracker options. Dan went through the comparison with Choice Services Ireland’s Senior Finance Manager, showing the available rates, projected annual costs and achievable savings.
After discussing the different options, Choice Services Ireland decided to switch supplier while retaining a fixed-price contract structure. The new 12-month contracts reduced annual electricity costs by €20,515 while providing certainty over pricing for the contract term.
Results: €20,515 in Annual Electricity Savings
- Annual Electricity Savings: Choice Services Ireland reduced annual electricity costs by €20,515 across its 20-meter portfolio.
- Lower Electricity Rates: Electricity unit rates decreased by 8–10 c/kWh across the meters included in the new contracts.
- Budget Certainty: All 20 meters moved onto new 12-month fixed-price contracts, providing certainty over electricity costs for the contract term.
- Contract Management: Utilityfair arranged the new electricity contracts and managed the supplier switch across all 20 meters.
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.
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