University

The university is the second largest of its city and was established over 100 years ago, serving four faculties across 17 sites

Customer Challenge

The university needed all their sites managed together
They wanted both electricity and gas contracts reviewed and tendered
They also wanted 100% renewable energy contracts

Our Solution

We conducted a complete account set up for the university, and site survey to determine which procurement strategy would be best
We procured both fixed and flexible contracts for the university with their green energy specifications in mind. We found that a flexible contract would be more financially beneficial
We generated online reports so the university could financially plan and forecast their energy costs more effectively

Results

Savings

Since Monarch trading took over the management of their procurement from 2019, we have made average savings of £254,778 on electricity and £35,554 on gas (per 12-month contract) following their switch to a flexible trading contract and negotiated reduced supply-margins – removing some embedded risk premiums.