Case Study Overview
The Round O Navan is a well-known pub and restaurant in Navan, Co. Meath. The business contacted Utilityfair to review its existing electricity and gas contracts after finding that it was paying above-market rates.
Utilityfair reviewed the business's electricity and gas usage, existing rates and contract terms before comparing pricing across all suppliers. The review showed potential annual savings of €14,507, representing an 18% reduction in total energy costs.
The Round O switched suppliers for both electricity and gas, with the electricity contract moving onto a wholesale tracker. Utilityfair also aligned the electricity and gas contract end dates, allowing both contracts to be reviewed together at the next renewal.
| The Round O Navan Energy Review: Key Figures | |
|---|---|
| Industry | Restaurants & Bars |
| Location | Navan, Co. Meath |
| Annual Electricity Usage | 153,065 kWh |
| Annual Gas Usage | 303,157 kWh |
| Annual Energy Spend | €65,351 |
| Procurement Strategy | Full market comparison across all suppliers |
| Contract Length | 12 months |
| Outcome | €14,507 annual electricity and gas savings (18%) |
Customer Testimonial: The Round O Navan on Working With Utilityfair
"As a busy bar and restaurant, keeping our energy costs under control is an important part of running the business. We worked with Andrew at Utilityfair to review our electricity and gas usage and the rates we were paying.
Andrew compared pricing from all suppliers for both our electricity and gas and took us through the different options available. This gave us a clear understanding of what we were paying compared with the market and the potential savings from switching.
We decided to switch suppliers for both electricity and gas, with our electricity moving onto a wholesale tracker contract. The new contracts will reduce our annual energy costs by €14,507, an 18% saving. Utilityfair also handled the switching process and aligned our electricity and gas contract end dates, which will make managing our next renewal much easier."
— Mark Keenan, Accounts Manager, The Round O Navan
The Challenge: Reducing Commercial Energy Costs in Hospitality
The Round O uses more than 153,000 kWh of electricity and 303,000 kWh of gas each year across its bar, restaurant and kitchen operations.
When the business contacted Utilityfair, its existing electricity and gas rates were above the rates available in the market, creating an opportunity to reduce its annual energy costs.
The Round O wanted to compare pricing across all suppliers and determine whether switching its electricity and gas contracts could deliver meaningful savings. The business also wanted to bring the contract end dates together so that both fuels could be reviewed at the same time in future.
How The Round O Navan Worked with Utilityfair to Cut Energy Costs by 18%
Utilityfair reviewed The Round O's electricity and gas usage, existing rates and contract terms before completing a full market comparison across all suppliers.
Working with the Accounts Manager, Andrew from Utilityfair presented all available electricity and gas options and explained the differences between the contracts. Following the review, The Round O decided to switch suppliers for both fuels, with the electricity contract moving onto a wholesale tracker.
The new contracts reduced annual electricity and gas costs by €14,507, representing an 18% saving. Utilityfair managed the contracting and switching process for both fuels and aligned the contract end dates so that the electricity and gas contracts can be reviewed together at the next renewal.
Results: €14,507 Saved on Commercial Energy Costs
- Total Savings: The Round O reduced its annual electricity and gas costs by €14,507, representing an 18% reduction in total energy costs.
- Electricity Contract: The business switched electricity supplier and moved onto a wholesale tracker contract.
- Gas Contract: The Round O also switched gas supplier, securing a more competitive rate.
- Contract End-Date Alignment: The electricity and gas contract end dates were aligned, allowing both contracts to be reviewed together at renewal and reducing the risk of either moving onto 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, highlight any 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 for you with no disruption to your business whatsoever. Utilityfair helps businesses reduce energy costs through competitive procurement.
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