First established in 1911, Moores Metals specialise in the recycling of metals, batteries, WEEE, ELVs, paper, plastic, cardboard and timber.
The only metal recycler in the region with an ISO 9001:2008 accreditation, the firm operates from two sites in Stoke on Trent, where they also provide a fully integrated waste management service to their clients.
OVERVIEW
To drive the firms’ long-term expansion plans, Moores Metals invested a £750,000 sum into the purchasing of revolutionary new machinery designed to maximise productivity and efficiency.
During the installation, Moores identified the need to upgrade their current SME-appropriate energy meter to a half hourly meter to cope with the increase in demand and the building of a new electrical substation.
Ahead of the project, Moores began working with cost-reduction experts Great Annual Savings (GAS), with GAS representing the firm in negotiations with their energy suppliers to minimise the financial impact incurred.
SOLUTION
Working alongside the firm to establish a three-phase electricity supply, GAS utilised their unique relationships with some of the UK’s leading energy suppliers to access prices and tariffs otherwise unavailable to those in the business world.
GAS procured the business a five-year blend and extend contract, a flexible and scalable solution which allows them to renegotiate their energy tariffs every 12 months. If wholesale prices have decreased, Moores’ can potentially reduce their current terms to a lower fixed rate. Conversely, if prices have increased, they are protected from any price hikes as they can simply choose to remain on their existing terms.
As part of the continuous support service they offer to clients, GAS’ team processed the contracts on behalf of Moores, allowing them to get on with what they do best, satisfying their customers.
BENEFITS
- Establish long-term control over their future running costs.
- Protect themselves from any future energy price rises.
- Maximise the accuracy of their financial forecasts with a tighter control over spending.
- Remove the burden of managing their business utilities in-house.
TESTIMONIAL
“Great Annual Savings have been a real asset to the firm in what has been a large and complex project. By tapping into their extensive expertise, skills and knowledge set, we’ve completed the installation in a faster and more efficient manner than first anticipated.
“They completely removed the burden from what would have been a very stressful project for us. I would not hesitate in recommending their services to other businesses.”
Philip Moore, Managing Director,
Moores Metals