Success Stories

Magdalen College School Monarch valued customer

Magdalen College School, Oxford

MCS is a friendly, inclusive and highly distinctive school of about 900 pupils, aged 7-18. The school was founded in 1480 by William Waynflete. Quickly, MCS became one of the country’s leading schools. Today’s MCS, proud inheritor of these traditions, remains just that.

The Challenge

  • Multiple site management tedious and time consuming
  • Numerous accounts with different suppliers made monitoring and managing energy consumption and costs almost impossible and inefficient
  • Various admin issues due to new sites added to their asset portfolio and sites sold / removed from their portfolio

Our Solution

  • We collected full meter reconnection and billing history from the supplier
  • Audited asset, consumption and invoice data for old and new gas meters
  • Conducted thorough overcharging and cost analysis
  • Discovered the College were being charged for meters, which were removed from the network
  • Negotiated backdated contracts, historic refunds and contract savings with the supplier
  • Found two more new unregistered supplies that had been installed without full knowledge of the College staff
  • Planned and implemented future cost reductions via our bill validation
  • We also checked the VAT rates for a refund

Results

Identified savings and refunds for the Magdalen College School of £5,218 with thorough historic bill validation and auditing

Negotiated new reduced rate contracts to line up the end dates with existing supplies and secured an annual savings of £46,460

Over the full 29-month contract the estimated savings were in total of £101,190

The total contract saving on the six re connected supplies came to an estimated £106,408

Expedited the process of new registration and contracts avoiding disconnection and higher out of contract rates

Secured on-going savings with our thorough bill validation process and smart meter installations

Relevant cases

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