How one independent business stopped overpaying by £130k on its energy bills
By James Smith
5th Dec 2024 | Advertisement Features
As energy costs continue to rise, many businesses unknowingly overpay on their bills, missing opportunities to secure better deals.
This was the case for the owners of Trim Castle Hotel, a four-star retreat in County Meath, who recently uncovered just how much they could save by taking action — cutting their energy expenses by over £130,000 with the help of Radius Energy.
Trim Castle Hotel, located near the historic Anglo-Norman Trim Castle, has been a popular destination since it opened in 2006.
When the hotel expanded following the acquisition of a new property, the owners faced skyrocketing energy bills and realised it was time to reassess their contracts.
They turned to Radius Energy, specialists in energy cost reduction, to find a better deal that aligned with their financial and sustainability goals.
Radius Energy conducted a detailed analysis of the hotel's energy usage and quickly identified the issue. They found the hotel was being charged inflated out-of-contract rates due to a tenancy change.
Acting swiftly, Radius negotiated a new energy agreement that not only reduced the hotel's rates but also ensured their supply was 100% renewable.
This allowed Trim Castle Hotel to meet its Environmental, Social, and Governance (ESG) commitments while saving tens of thousands on energy costs.
A spokesperson for the hotel said: "We were struggling with high energy bills after acquiring a new property, and Radius Energy helped us identify the issues quickly.
"Their team handled everything — from analysing our contracts to securing us 100% green energy at a much lower rate.
"Thanks to them, we saved over £130,000 on our gas and electricity bills.
"It was a seamless process, and we've met our corporate sustainability goals in the process."
Businesses of all sizes face similar challenges with energy contracts, often unknowingly paying default rates or locking into unfavourable agreements that don't align with their financial goals.
Radius Energy specialises in eliminating these issues by leveraging their market expertise and advanced monitoring tools to create tailored energy solutions. Their streamlined process covers everything from contract analysis to negotiating better rates and even implementing strategies to reduce consumption and cut waste.
With over 2,000 businesses having already benefitted from their services, Radius Energy has expanded its operations from Ireland to Great Britain, delivering savings as high as 50%.
Their approach not only helps businesses reduce costs but also supports corporate responsibility efforts through renewable energy options.
A spokesperson for Radius Energy said: "Many businesses struggle with soaring energy costs, often unknowingly paying high default rates when contracts expire, or failing to take advantage of more affordable energy options.
"Without the necessary market insight, companies often find themselves locked into contracts that don't align with their financial objectives or sustainability goals.
"At Radius Energy, we understand these challenges. That's why we've developed a streamlined, hassle-free service that handles the entire energy procurement process—from contract analysis to finding the most competitive rates—leaving businesses free to focus on their core operations."
If you're unsure whether your business is paying too much for energy, now is the time to find out. Radius Energy offers a free bill and contract analysis to identify how much you could save.
Don't let high energy costs hold your business back—let Radius Energy handle the hard work and unlock your potential savings today.
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