Case Study – The Market Bosworth School
The Market Bosworth School based in rural Leicestershire is one of the highest achieving schools in the country and is an ‘Outstanding 11-16 School’. Their mission is to educate with care to encourage success for all, whilst maintaining a safe, caring environment that provides challenge and support for all of their learners.
The school is always keen in their efforts towards making continual improvements to the allocation of their budget. IU Energy and The Market Bosworth School both shared the desire and vision to reduce the school’s energy costs and to that end, we were asked to approach the market to obtain the best electricity deal.
Schools are increasingly facing different pressures and so budget allocation is vital to success. By cutting costs and reducing unnecessary spending, schools can become more efficient in how their money is spent.
As an independent broker, IU Energy has no bias or loyalty to any energy supplier and will always present the best deals and reveal any hidden charges which may undermine what looks like a good kWh rate.
IU Energy looked at the school’s bills and liaised with the current supplier to assess if they were getting the most value out of their energy contracts.
From trawling the market and the many options available, IU Energy were able to present a number of solutions for the school’s electricity account, one of which the school agreed to go ahead with.
“We are very impressed with the savings made on our electricity account. As other schools are aware, making economical, cost-effective decisions to free up funds within the budget, we are being smarter in the way we run our school.
We would highly recommend IU Energy’s expertise to other schools looking to adopt a similar energy policy. We are looking forward to see what further savings IU Energy can source when our gas contracts come up for renewal.”
The school has benefited greatly from a new electricity contract, protecting them from a volatile energy market –
♦ Annual energy saving – £4,463.00
♦ Total contract saving – £8,296.00
You can download a copy of this case study here – The Market Bosworth School
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