Resolution of Billing Errors for Cosworth
Detailed analysis of Cosworth’s electricity invoices uncovered a series of incorrect charges. Resolving these issues resulted in a 50% reduction in monthly costs.
Cosworth Racing occupy 10 factory units on the St James Mill Rd industrial estate in Northampton. E2 Services had been asked to manage their energy improvement programme, covering both energy contracts and improvement projects.
As part of the initial analysis, it was identified that the Dynamometer test facility invoices had increased significantly over the past 12 months. E2 installed a data logger and compared the results against the fiscal invoices. This indicated that the network provider had incorrectly installed a new electricity meter, which had been sending high readings to the electricity supplier. E2 subsequently presented the findings to the supplier & a credit note was issued against the incorrect charges.
In addition, analysis of the Available Supply Capacity (ASC) levels identified that Cosworth were being overcharged, compared to their actual usage. E2 therefore put a case to Central Networks and the ASC contracts were re-issued.
Steve Hickson - Group Health, Safety & Environmental Manager said:
"At the time we had numerous legacy issues on the electricity contracts and E2 quickly got to the bottom of where the main issues were. The work done on optimising the existing contract for Factory 11 has reduced the costs by 50% and further savings were obtained by trimming our ASC levels"