“We’ve used Monarch’s services for a year now, having previously either procured the energy directly from suppliers or via a smaller broker. We can say they have taken away a lot of the hassle. All our energy was procured at once through them, they did it quickly and concisely and sent the prices through for us to consider whilst also offering advice. I have a lot of queries and they are never slow on coming back to me! The reports they provide are clear and they are happy to adapt them to your requirements. It’s nice to be able to specify what day the reports come through as well.”
START BY GETTING ALL YOUR DUCKS IN A ROW
SMART ASSET MANAGEMENT
The first step towards saving on your utility costs is to clarify and update your Asset Register to ensure you are only paying and buying energy or water for sites you currently manage. You tidy up any stray payments before you move forward in managing your costs efficiently in the long run. Void management is a related smart utility solution which allows you to make savings on the periods in which your properties are vacant due to various circumstances. With the easy process, managing void periods and related utility costs has never been easier.
GET THE BEST ENERGY AND WATER CONTRACTS FOR YOU
Before moving on to managing your costs it’s a good idea to make sure they are as low as they can be from the get-go, by which we mean procuring the best contract rates. Our risk management and trading team monitor the markets daily to ensure not the most suitable contracts and at value-for-money prices from the suppliers. We compose flexible, fixed and/or basket procurement strategies with solid risk management. We execute them according to the changing market conditions, your business objectives, and appetite for risk.
KEEP COSTS DOWN TRANSPARENTLY
EFFICIENT COST MANAGEMENT AND REPORTING
The asset register is correct, you have the best energy contracts in place, now you just need to keep those costs down in the long term. We can help you achieve this by flagging up any suspicious or anomalous bills along the way with our invoice validation, the most thorough in the industry. We can recover costs retrospectively and also use the data to help you plan for future savings. With the related Reporting service you will have access to 24/7 online reports via our customer zone, to ensure you are kept completely in the loop.
THE SAVINGS DON’T END THERE
OPTIMISED WASTE AND WATER EFFICIENCY
Once your energy is as streamlined and cost-effective as it can be, there’s also the potential to makes savings on your waste management, and the often neglected utility: water. Why stop at energy when you now have flexibility in your water supplier since the water market deregulation. And with waste disposal, we identify solutions to improve the management of waste removal, whilst securing the most competitive prices from contractors and suppliers throughout the process.
DYNAMIC BILLING SOLUTION FOR HEAT NETWORKS
TENANT BILLING FOR HEAT NETWORKS
For those within the housing sector you can take advantage of communal and district heating. This is a method of heating which is becoming increasingly popular due to its sustainable benefits and scope to accurately and fairly bill tenants based on individual consumption. Remove the stress of billing by delegating it to our tenant billing specialists Welcome Energy who manage the entire process from meter readings, to calculations, to setting rates, issuing bills and chasing up late payments.
GO THE EXTRA MILE AND BECOME SUSTAINABLE
SUSTAINABILITY AND RESOURCE-EFFICIENCY
For those who want to go beyond just savings and become an eco-friendly company (which in turn will equate to further savings), then our sustainability services can help you achieve this. Relevant services include energy monitoring and targeting, carbon footprinting, compliance, sustainability plans, Planet Mark TM certification, and more.