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Case Study
Hydram Engineering
- Energy cost-recovery
- Refund £74,000
- Ongoing savings £18,000 p.a.
- Zero-risk
The Client
Hydram Engineering is one of the largest sheet metalwork sub-contractors in the UK. Being an energy intensive manufacturer, they have an overall annual energy spend of over £550k.
Hydram Engineering was founded in 1977 by the late Harry Young with his children John Young, Judith Porter and Gillian Young as the original partners. The name HYDRAM is made up of family names – Harry (HY), his wife Dorothy (D) and the middle names of the three children, John Robert, Judith Anne and Gillian Margaret.
The company is is certified to the ISO 9001 Quality Standard, the ISO 3834-2 Welding Standard, the BS EN 15085-2 CWRVC Welding Standard, the DIN 6701 standard for adhesive bonding in rail industry and the ISO 14001 Environmental Standard.
The Challenge
The client signed a contract to perform a retrospective audit on their energy.
The Solution
We got to work quickly and were able to get one electricity meter reclassified from Low Voltage Network to High Voltage Substation.
As we were able to ensure this reclassification was completed before their energy contract was renewed, the client was able to benefit from the savings straight away. If not completed in time, we would have had to wait three years until the end of their new contract.
We were also able to achieve a large reduction on the client’s Climate Change Levy (CCL) and Value-Added Tax (VAT). We were able to apply for this as we identified over 70% of Hydram’s energy was consumed by completing tasks listed under metallurgical CCL payment exemptions.
The Results
Within three weeks we managed to secure –
- A refund of £74k – 13% of their yearly energy spend
- Ongoing annual savings of £18k
Refunds were paid back to the client within two months of our initial report.
