Case Studies
Mindful Energy is an ethical energy brokerage. We run live auctions where suppliers bid against each other for your gas and electricity, delivering you the lowest price offered on the day. The following case studies provide specific examples highlighting our work.
Eskimo Ice / Ice Club has been manufacturing and distributing packaged ice across the UK and Europe for over 40 years.
Having secured rates not long after the energy crisis, Ice Club were keen to ensure they were employing the most appropriate risk management strategy to maximise profitability of the business going forward.
Given the nature of their business (ice production), demand is highly dependent on the weather and therefore energy consumption forecasting is challenging. As such, if the correct contract terms are not in place, there is a risk of breaching supplier Take or Pay clauses.
As a forward-thinking business, they were also keen to become more sustainable, and procuring renewable energy at a premium was acceptable, subject to the level of the premium.
When Mindful Energy started working with Tinklin Springall Solicitors (TSS), TSS were using both gas & electricity across a number of sites, with some meters on out-of-contract rates. Following the energy crisis, TSS had (sensibly) declined to contract at very high rates, and were unsure when was a good time to re-sign a new supply contract.
Additionally, there were a number of different contracts with different supply contract end dates, increasing the contract administration burden.
As a growing business, Dart and Partners (Dart) had inherited energy contracts as they acquired new offices. This resulted in supply contracts with different energy suppliers, on different contract end dates, creating an unnecessary administration burden. Additionally, it was challenging for Dart to ensure they were getting the best energy deals due to the different contracts they had in place.