Read the latest case study on how TCD Energy helped Centre 63 save thousands on energy costs.

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Case Study: Centre 63

Services Provided: Comprehensive Utility Audit, Supplier Cost Reduction, VAT Adjustment

Background

Centre 63 is a Youth and Community Centre, established in 1963 and today it remains one of the longest established youth and community centres in Knowsley. Centre 63 approached TCD Energy after hearing about our initiative to support local businesses and charities in Knowsley to reduce costs related to utilities. With a focus on providing essential community services, Centre 63 sought to optimise its operating expenses, particularly in the face of rising energy costs.

Centre 63 was facing several financial challenges with its energy expenses:

1. VAT Overcharges: There were inconsistencies in VAT charges on their utility bills.
2. Costly Electricity Contract: Following poor advice from a previous energy broker, Centre 63 found itself locked into a costly electricity contract that severely impacted their budget.
3. Gas Supplier Review: Centre 63’s gas supply contract was up for renewal, presenting an opportunity to negotiate more favourable terms.

Solution

TCD Energy performed a detailed audit of Centre 63’s utility bills and supplier contracts, identifying two primary areas for immediate savings and an additional need for contract support:

1. VAT Overcharges: Our audit revealed supplier overcharges due to incorrectly calculated VAT. We worked with the supplier to secure a rebate, ensuring Centre 63 recovered the overpaid amount.
2. Gas Supplier Switch: TCD Energy negotiated terms with a new gas supplier, reducing Centre 63’s gas costs by 30%.
3. Ofgem Complaint Support: To address the costly electricity contract, TCD Energy is supporting Centre 63 in raising a formal complaint with Ofgem. With the objective of ultimately allowing Centre 63 to exit the unfavourable contract and secure a more cost-effective arrangement.

Results

• Supplier Rebate: A total rebate exceeding £5,000 was returned to Centre 63 due to the VAT adjustment.
• Ongoing Savings: The new gas supplier arrangement provided annual savings of over £2,500 annually.
• Electricity Contract Relief: With TCD Energy’s support, Centre 63 is working towards exiting a costly electricity contract, protecting their budget and enabling future cost savings.

Testimonial

“TCD Energy’s expertise has been transformative for our organisation’s finances. They identified over £5,000 in VAT overcharges, secured a 30% reduction in our gas costs, and are guiding us through an Ofgem complaint to exit a high-cost electricity contract that had been recommended by a previous broker. Their proactive approach and dedication to cost reduction have been invaluable for Centre 63.”

Contact TCD Energy to learn how we can help your organisation achieve similar results.

Tel: 0333 335 5200

Email: info@tcdenergy.com