Dart and Partners
Mindful Energy carried out a meter asset level audit, creating an accurate site list for all meters at each premises. In doing so, Mindful Energy were able to establish the relevant contract and pricing information for each of the Dart and Partners (Dart) sites and create a strategy to aggregate them all onto one energy supply contract.
Mindful Energy submitted a whole of market energy supply contract tender using our reverse auction methodology, requesting all meters to have one common end date. By aligning the meters in this way, Dart reduced the number of different suppliers they needed to pay down to one monthly DD. Additionally, they were able to obtain more competitive tariffs by leveraging the greater buying power of the group, saving an estimated 11%.
Lastly, by having just one contract end date to manage, Dart has reduced the amount of contract administration, and subsequently the risk of meters going onto out-of-contract rates.
Summary
An 11% reduction in energy costs is material. Add on the time saved by aggregating all meters onto one contract and Dart are in a much better place regarding their electricity contract management.
Mindful Energy will continue to monitor the markets on Dart’s behalf to ensure they renew their future contracts at the optimal time.