Annual saving – £79,540
An investment landlord client recently took back possession of a large unit, following vacation of the previous tenant. The electricity supply to the unit is half hourly metered, but a problem was discovered with the communications link to the meter. Therefore the meter was not sending the consumption data correctly to the supplier.
Following completion of the change of tenancy request, the supplier billed the landlord using estimated consumption data, which was estimated in line with the level recorded while the unit was fully occupied. Following a change of supplier, Clifford Talbot Partnership liaised with the new supplier in order to arrange for the meter operator to attend site and repair the communications link to the meter. The actual data then received from the meter showed a much lower consumption than was originally estimated (as would be expected given that the unit is now vacant). The new supplier billed their account in line with that actual data, but the previous supplier did not automatically do so.
CTP subsequently contacted the original supplier and arranged for them to rebill their account in line with the actual consumption data. This reduced the amount billed by the previous by just under £80,000 for the 3 month period that the supply was with them.