Control Energy Costs Ltd
At the start of the year, Petford Group engaged with Control Energy Costs following an energy roundtable
event facilitated by Made in the Midlands which was hosted at their site on Peartree Lane, Dudley.
Only three months after their initial meeting, Liam Conway (Control Energy Costs) and Mel Sinar (Petford Group) got back
together to discuss all of the successful findings and implementations. CEC became Made in the Midlands patrons following the roundtable discussion, after it becameclearer that a portion of members do not fully manage their energy costs.
Conway explained: “It’s great to come back and speak with Mel following his invitation for us to take a look at things for him. We completed our initial analysis report a few months ago, but now we can really see the benefit to Petford Group.”
Petford Group operates a significant injection moulding and tooling business over two manufacturing sites and as such is an energy
intensive organisation. During the roundtable discussion it became clear to Sinar that Petford Group were not correctly managing their energy usage and costs in the best way possible.
After speaking with Conway, Sinar asked CEC to conduct their initial audit and analysis report on Petford Group as the deal was without any cost or obligation. Sinar stated: “We are bombarded with companies wanting to talk to us about energy, usually it doesn’t ever reach my door, but after I met with Liam and understood how CEC differ to an energy broker I thought there was nothing to lose.”
The initial report covered Petford Group’s electricity, gas and water charges, both in terms of supply contracts and crucially all of the
associated third party charges which many businesses really don’t understand.
Petford Group benefited to the tune of £18,000 for supply contracts moving forward, £13,000 backdated refund charges, £4,000 third party charges and CEC will continue to work towards a reduction in Petford Group’s energy taxes which will add another £14,000 in annual savings. Additionally, there is further scope for reductions in water charges which CEC are currently addressing.
In conclusion, Sinar encouraged other Made In The Midlands members to meet with CEC, as he explained: “There really is nothing to lose by having a chat, nothing ventured, nothing gained. I like the business model, as they are only paid on actual result and value added via a share of savings.”
Conway concluded: “For any Made In The Midlands member it would be great to have a short initial chat, particularly those who have either used an energy broker or made their own arrangements previously, as there will be opportunities for us to demonstrate our value.”