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Mr. Moffitt’s Profits Times – February 2017

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Is your Business Ready?

IS YOUR BUSINESS READY FOR WATER DEREGULATION ON 1ST APRIL?

If your business is eligible, you can switch your water supplier from 1st April. Who is eligible? In order to switch you must meet the following criteria:

  • You are a non-household customer in England.
  • You are not in debt with your current water supplier.

Benefits of Regular Readings

I CANNOT EMPHASISE ENOUGH THE IMPORTANCE OF REGULAR METER READINGS AND CONSUMPTION ANALYSIS. SEE BELOW FOR EXAMPLES OF COST SAVINGS ACHIEVED THROUGH CONSTANT MONITORING AND TIMELY INTERVENTION.

  1. One of our clients has taken on a building with a large number of flats. After taking meter readings and analysing the electricity consumption, we found that the Night Storage Heaters were coming on too early (22:30) thus incurring day-time charges. I advised the client to change the start time to 0:00hrs midnight, which has resulted in a saving of approximately £2k pa. See the “Heat Map” which shows a reduction in consumption after 22:30 from late December.
  2. We discovered that regular gas meter readings for one of our food delivery clients showed a “spike” in gas consumption after Christmas. The business was very busy before Christmas with many vehicles passing in and out of the open warehouse roller doors, but it was quieter after Christmas – thus the gas reading should have been lower. This has raised an inquiry into the possibility that one of the gas boilers is faulty. Without regular meter readings and analysis this would not have been noticed as quickly. This gave us the opportunity to investigate and take timely action.
  3. Another client sent us regular water meter readings for analysis. These readings started to show an increase in water consumption. Nothing had changed in the client’s operations to warrant this increase and the client had not investigated as to why this was happening. I visited the premises and noticed that the urinals in the gents’ toilets were flushing every three minutes. Previously I had been told that they had been set to flush every twenty minutes. It transpired that, unbeknown to the company, the flush control had been vandalised. This was repaired and the water bills went down.
  4. An engineering client has some machinery which is started up first thing every morning. As this is a 10-15 minute process, there was a delay before work could start. In order to save time in the mornings and increase productivity, the company started running the machinery 24×7. This enabled them to start working earlier, but an immediate spike in the electricity consumption was picked up by regular meter readings and our analysis. This showed that this practice was not actually cost effective. Had the regular meter readings and analysis not been performed, the spike would not have been noted and the company would have been looking at a significantly increased electricity bill further down the line.



 


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