Case Study Overview

The National Wax Museum is one of Dublin's leading visitor attractions, welcoming thousands of visitors each year to its interactive museum in the heart of the city. Operating across a large multi-floor site with extensive lighting and interactive exhibits, the museum has significant commercial electricity requirements.

After its electricity contract expired, the museum moved onto expensive out-of-contract rates, increasing its annual electricity costs. Utilityfair carried out a detailed review of the museum's electricity consumption, compared pricing from all Irish commercial energy suppliers, and presented the available procurement options.

Following this review, the National Wax Museum secured a new 12-month electricity contract, reducing annual electricity costs by €23,877, a 51% reduction. Utilityfair also provides ongoing contract end-date monitoring, helping the museum avoid returning to costly out-of-contract rates in the future.

Key Highlights: €23,877 annual commercial electricity cost savings.

Wax Museum Review: Key Figures
Industry	Tourism
Location	Dublin City Centre
Annual Electricity Usage	88,648 kWh
Annual Spend	€46,678
Procurement Strategy	Competitive market review
Contract Length	12 months
Outcome	€23,877 annual electricity savings (51%)

Customer Testimonial: The National Wax Museum on Working With Utilityfair

"As one of Dublin's leading visitor attractions, managing our electricity costs is an important part of controlling operating expenses. Utilityfair carried out a detailed review of our energy account, explained the options available to us, and helped us reduce our annual electricity costs by €23,877.

They presented a clear comparison of the available contract options, answered all of our questions throughout the process, and managed the switch to our new supplier with no disruption to the museum's operations. As a result, we reduced our annual electricity costs by 51%.

We are delighted with the outcome and would highly recommend Utilityfair to any organisation looking to reduce its energy costs."

— Brendan Kearns, Finance, Wax Museum

The Challenge: Reducing Electricity Costs After Moving Out of Contract

The National Wax Museum's electricity contract had expired, leaving the business on out-of-contract variable rates that were significantly higher than available market pricing.

Operating across a large multi-floor building with extensive lighting and interactive exhibits, electricity costs represent a significant operating expense for the museum.

The museum required a review of its current electricity costs and available procurement options to identify potential savings and secure a more competitive contract.

How The National Wax Museum Worked with Utilityfair to Save on Commercial Energy Costs

Utilityfair worked directly with the National Wax Museum's finance team to review electricity consumption data, current unit rates and contract details to understand the savings opportunities available.

We compared electricity pricing across Irish commercial energy suppliers, presenting the available contract options, projected costs and potential savings. We discussed the different options with the customer, answered their questions and provided a recommendation on the most suitable procurement approach.

Once the preferred option was selected, Utilityfair managed the contract switch process, ensuring the transition to the new supplier was completed smoothly and without disruption to the museum's operations.

Utilityfair also added the contract end date to its monitoring process, helping the museum avoid returning to expensive out-of-contract rates when the contract expires.

Results: €23,877 Annual Electricity Cost Savings

Total Savings: The National Wax Museum reduced its annual electricity costs by €23,877, representing a 51% reduction compared with its previous out-of-contract pricing.
Competitive Market Review: Utilityfair compared electricity pricing from all commercial energy suppliers, allowing the museum to assess the available contract options and select a more competitive electricity contract.
Contract Improvement: The museum moved from expensive out-of-contract pricing to a new 12-month commercial electricity contract at a significantly lower unit rate, providing greater certainty over future electricity costs.
Contract End-Date Monitoring: Utilityfair added the new contract end date to its monitoring process, helping ensure the museum reviews its options before renewal and avoids returning to expensive out-of-contract rates.

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.