Our portfolio has aways been meticulously maintained by the Square One team, which gives me instant access to accurate reports whenever required and we have always been kept on the front foot in what seems to be an ever changing energy market.
Eton is one of nine English independent schools, commonly referred to as "public schools", included in the original Public Schools Act 1868. Following the public school tradition, Eton is a full boarding school, which means all pupils live at the school, and is one of four such remaining single-sex boys' public schools in the United Kingdom. It has educated 19 British Prime Ministers and generations of aristocracy, and has been referred to as the chief nurse of England's statesmen.
Eton is a large world renowned public school and has grown over the decades to have well in excess of 300 separate buildings.
Problems were being experienced as a result of a high proportion of estimated bills being issued, which in turn caused inaccurate budgetary forecasts and the constant adjustment of payments.
What we did
We compiled a detailed portfolio of every building and meter point including both con- sumption and rates. This allowed the client to gain a very accurate understanding of overall cost and usage in its entirety.
We arranged for smart meters to be installed at all major sites. This instantly removed the problem of estimated accounts whilst simultaneously giving access to energy management data which was used to encourage pupils to dramatically reduce the amount of energy being used.
We kept the client informed of price movements and trends within the energy market. This allowed us tender for the renewal contacts at the optimum moment and resulted in new long-term contracts being placed at the very bottom of the market. The new contracts protected the school from the subsequent severe rises in energy prices which took place over the following years.