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Hotel Group – Energy Cost Savings and Reductions with ESOS

Hotel Group – Energy Cost Savings and Reductions with ESOS

Like many multi-site companies, this Hotels Group has a complex portfolio, with properties across multiple locations and was finding it difficult to identify energy cost savings and reductions across all sites. They needed an energy partner who could identify and deliver cost saving opportunities across all hotels. In addition, as the company was required to comply with the Energy Saving Opportunities Scheme (ESOS) a full review of their use of energy and transport was required.

Energy Cost Savings and Reductions

Our team analysed historical consumption data. The team identified where energy was being consumed across all sites, and at what points in the day, therefore understanding consumption profiles and shape.

Previously, the company had no real purchasing strategy in place: they bought from the market at any given point in time, with no insight into market pricing or how the market was moving. This led to poor decisions, resulting in poor performance versus the market average. We quickly identified how energy cost savings could be achieved, by developing an integrated energy strategy that covered demand management as well as energy procurement.

The team delivered regular tender and negotiation exercises as well as budget-led energy procurement in line with the company’s appetite for risk. Our team’s expert market knowledge meant we were able to secure competitive fixed price contracts across the entire group.

Additionally, the consumption profile data was analyzed to identify anomalies and high consumption, inefficient sites. We then provided the company with recommendations on how consumption could be reduced, achieving further cost and carbon savings and compliance with ESOS.

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