Over the last ten years businesses have witnessed enormous change in the Electricity, Gas & Water Markets. Most noticeably we have seen the demise of the ‘local’ supplier, resulting in the splitting of Distribution and Supply Companies into separate markets and ownership. This has provided competition but also added complexity to the supply chains, PCMG’s range of Services are geared to generating cash from historic expenditure and improving margins going forward.
Electricity & Gas
It won’t have escaped your notice that energy prices are rising fast – up 50% compared to just 12 months ago. This exerts considerable pressure on energy budgets and many companies believe that tight tendering and procurement processes alone are sufficient to manage costs – our services can add additional, self-financing value to our clients.
Recovery Audit
PCMG have proved consistently that a large proportion of electricity, gas and water bills are not in-line with pricing agreements – in our experience 1 in 5 sites have been billed incorrectly in the last 6 years. This has resulted in many millions of pounds being recovered by PCMG for our clients.
The decline of the ‘local’ supplier has meant that a majority of supply contracts now contain chargeable elements where the supplier is collecting revenue wholly on behalf of another company. This yields no financial benefit for the supplier and therefore provides little or no incentive to verify the accuracy of pass-through costs. The result, inevitably, is a proliferation of charging errors.
Our experience has shown that most, if not all electricity & gas suppliers are now raising some invoices incorrectly. For companies with multiple sites, there is an overwhelming likelihood that one or more of these errors will be made – and the costs can be significant.
We employ expert analysts, software developers and energy specialists to examine and validate every aspect of the billing process right through the supply chain. Over many years of delivering energy audits, we have identified numerous deficiencies in suppliers’ billing systems, and those of their suppliers, giving us invaluable experience in obtaining the maximum financial benefit for our clients. Costs we routinely review include;
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DUoS
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TUoS
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Infrastructure Charges
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RV Charges
Quite simply, PCMG is the acknowledged UK market leader in the field of energy auditing and our combined expertise far outstrips that of our nearest competitors. We make it our business to save you money and help you recover overpayments wherever and whenever they are due. Our contingent fee approach gives clients confidence that we will always be focused, diligent and utterly dedicated to improving their bottom line.
Optimisation
The rise of climate change up the corporate agenda, is driving the need for businesses to expert advice and implement practical, yet cost effective energy solutions.
Our Optimisation services provide strategic energy and climate change advisory services to organisations that want to reduce and manage their exposure to energy and carbon prices. We help organisations control the enterprise cost of buying, consuming and paying for energy and energy related commodities through employing highly-experienced energy market professionals and partnering with best-of-breed companies to develop and implement all encompassing energy procurement and risk management strategies to cover areas such as;
• Risk Management - We help mitigate exposure by developing customised and strategic risk management solutions based on your business objectives and market conditions and providing tailored energy market advice that enables you to benefit from favourable price movements, whilst also protecting your business from highly volatile commodity markets.
• Procurement - We establish a structured, managed process that addresses all aspects of best practice procurement, including detailed preparation and analysis; contract strategy development; data acquisition and validation; market intelligence; supplier liaison and vetting; contract support; and KPI setting. We provide advice on the pricing and commercial terms of short dated physical and financial contracts, structured products and long term energy purchase and sale agreements.
• Climate change - We help our clients reduce their energy costs and carbon footprint; working across all forms of energy (electricity, gas, coal, diesel, fuel oils and biofuels) and renewable technologies (wind, biomass, energy from waste and microgeneration) managing their carbon and energy price risk, procuring low carbon energy and unlocking profitable carbon reduction opportunities across their organisations and in their supply chains.
• Energy Management - We provide tailored portfolio, data and invoice management solutions ensuring clients pay only for what they use, including;
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Portfolio Management – site set up, reconciliation and ongoing data management
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Validation - bill checking, reconciliation & validation for all utilities
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Energy Management - controlling how and when energy is used
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Measurement - benchmarking and efficiency information.
Click here to download the PCMG Energy Services Overview data sheet.