“R Plevin’s efforts saved the company £57,155.45 on their annual electricity spend of £700,000. This is a 9% saving and was the biggest savings made through demand management between 2016/2017
Triad Demand Management 2016/2017 Case Study
By Pulse Business Energy and R Plevin & Sons Ltd
In the energy market the busiest time to provide energy is Monday to Friday 4pm to 7pm (Peak Time). This is when we make the most demands of the grid due to busy commutes, kettles, TVs and generally everyone returning home to start their evening activities.
During the winter months, the demand is even greater as we need extra lighting and heat and other modern comforts we can’t go without. It has, therefore, long been the government’s policy to incentivise larger energy users from not using peak time electricity by charging a premium for using power at this time. With energy costs increasing at around 10% per annum and ever greater incentives being offered to those that power down we feel everyone should be reviewing this. We hope this case study shows the real and significant benefits of demand management going into the next winter cycle.
Since electricity costs have increased by around 10% this year this saving becomes even more valuable to Plevin to keep its electricity costs in check.
R Plevin & Sons is a family run specialist wood recycling company formed in 1973. Currently employ 200 people and produce a range of sustainable wood products. Energy is a key spend for the business and with the help of the team at Pulse that energy savings don’t need to end at the procurement stage. With an annual electricity spend of £700,000 which increases each year, they are continually looking for ways to become more energy efficient. As a result, we have sought to power down during the peak times in the 2015/2016 seasons and these results show what the R. Plevin team has managed to achieve. Powering down did require cross-company participation in responding to around 12 alerts between November 2016 and March 2017 received by email/text and needed companywide co-ordination and management. Of these 12 alerts, the peak time charge is only based on powering down for the top 3 peak demand periods. So 9 of the 12 alerts won’t count. However, you must treat every alert the same as the National Grid only announce the top 3 alerts each April once it looks back on the demand data for that period. So in many ways, it’s a leap of faith for any company to take. As mentioned against a backdrop of rising costs and greater incentives we believe the practice of demand management is now providing results that justify the actions needed to unlock these savings for R Plevin. We are pleased to announce that R Plevin’s efforts saved the company £57,155.45 on their annual electricity spend of £700,000. Previously saving around half this amount. This is a 9% saving and was the biggest saving we made through demand management to date.
The savings to be unlocked by Triad demand management are now greater than ever before with savings of almost 10% to energy users.
This trend will only continue as policy favours great incentives to those who can demand manage during peak times. As part of our service we can assist you with setting up a demand management strategy by:
- Setting up the right procurement contract terms to maximise the benefit and savings.
- Getting you and your team set up on the most reliable and proven Triad alerts systems available (mobile, email and any other devices – unlimited users).
- Training and financial modeling to forecast the Triad savings achievable for your organisation.
- Access to our online award-winning portal to review usage patterns, bills, and information across your entire estate: See www.thepod.co.uk
Contact us today for a free consultation about implementing Triad demand management:
Tel: 0333 7000 250