Islington and Shoreditch Housing Association (ISHA) is a community and neighbourhood based Housing Association managing and developing quality affordable housing for people in North and East London, and building more homes in Hackney, Islington and Waltham Forest
Islington and Shoreditch Housing Association
Customer Challenge
- The supplier had applied incorrect rates to all electricity sites
- Upcoming supply contract renewals
Our Solution
- Our validation checks picked up the incorrect invoices before any of them were paid. We then regularly chased the supplier to produce the corrected invoices
- Our specialist energy market analysts watched the market trends six months in advance and locked in the renewals at the most favourable market position to ensure the best prices were obtained
Results
Corrected invoices
The supplier eventually produced the corrected invoices after receiving proof of the agreed rates from ourselves
Energy procurement
ISHA received a 6% annual saving across all electricity sites as a result of our timely energy procurement, and signed long term to make the most of these savings
Savings
Overall, they saved £29,034.58 over a three-year contract term