£170K in commercial benefits realised by identifying Deemed Meters

Many CCS gas customers add meters to their portfolio throughout the year, but they may inadvertently forget to add them to their CCS contract. If they forget, their p/kWh charges can be three or £170K in commercial benefits realised by identifying Deemed Meters.

Many CCS gas customers add meters to their portfolio throughout the year, but they may inadvertently forget to add them to their CCS contract. If they forget, their p/kWh charges can be more than double their contract rate. These higher unit rate charges are known as ‘deemed rate’ or ‘out of contract rate’ and are avoidable.

The solution

We worked with CCS to help identify a number of customers with long-standing meters who were paying additional costs due to deemed rates. We then proactively approached these customers and supported them in transferring these meters on to the CCS contract.

The result

To date, seven customers have successfully transferred 41 meters to contract rates. This represents a commercial benefit of just over £170k and an average saving on their unit rate of 180%.

This project is ongoing and could represent over half a million pounds worth of commercial benefits based on current success.

Mariana Gheorghe from Corona Energy commented:

“We are working with CCS to minimise unnecessary energy costs and provide our CCS customers with the best energy rates. Transferring your meters to contract rates is a seamless process and financial savings can be made on behalf of your organisation”