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How THIS Workspace in Bournemouth Saved £12,077 on Energy Costs

Meet George's forensic analysis uncovered hidden costs and secured a 17% reduction in annual energy spend for this 60,000 sq ft workspace.

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Industry

Flexible Workspace

Location

Bournemouth, UK

Size

60,000 sq ft

Annual Usage

239,295 kWh

Annual Saving

£12,077.29

Date

Q4 2025

The Challenge

Managing Energy Costs Across a Large Workspace

THIS Workspace, a thriving 60,000 square foot flexible workspace in Bournemouth, had been with the same energy supplier for several years. Like many workspace operators, the team was focused on serving members and growing the business—not scrutinising energy contracts.

The annual energy bill seemed reasonable, but there was no clear way to verify if the rates were competitive or if hidden costs were inflating the spend. With hundreds of businesses relying on THIS Workspace for their daily operations, energy reliability and cost efficiency were essential.

THIS Workspace exterior building view at night in Bournemouth

Like many workspace operators, energy contracts were not regularly reviewed, leaving potential savings on the table.

The Approach

Our Forensic Analysis

Meet George conducted a comprehensive forensic analysis of THIS Workspace's energy contract:

1

Bill Deep Dive

We analysed their existing energy contract, breaking down every line item: unit rates (day and night), standing charges, availability charges, and additional fees.

2

Market Comparison

Using live API data from 20+ UK business energy suppliers, we compared THIS Workspace's rates against current market pricing.

3

Hidden Cost Detection

Our analysis revealed the standing charge was 256% above the market rate. This excess, represented embedded broker commission.

4

Transparent Quote

We provided a new contract with our 1p/kWh commission shown clearly - no hidden fees, no surprises.

The Results

Significant Annual Savings with Complete Transparency

Total Annual Saving

£12,077.29

17.05% reduction

Savings Breakdown

Unit Rate

6.9%

cheaper

Standing Charge

61%

cheaper

Availability Charge

66%

cheaper

Industry Insight

Why Workspace Operators Overpay

Workspace operators manage complex operations - from member services to facility maintenance. Energy procurement often falls to the bottom of the priority list, and without forensic analysis, hidden broker commissions go undetected.

Common Issues We See

  • Standing charges inflated with embedded broker fees
  • Multi-year contracts signed without market comparison
  • Availability charges far above market rates
  • Lack of transparency in broker commission structures

Without forensic analysis, hidden broker commissions go undetected - costing businesses thousands of pounds annually.

About THIS Workspace

THIS Workspace is a premium 60,000 sq ft flexible workspace in Bournemouth, offering everything from hot desks to private offices for businesses of all sizes. With a focus on community, collaboration, and creating an environment where businesses thrive, THIS has become a cornerstone of Bournemouth's business community.

THIS Workspace modern interior with collaborative workspace
THIS Workspace flexible office space and meeting areas
THIS Workspace hot desk and private office environment

Ready to Uncover Your Workspace's Hidden Energy Costs?

If you operate a flexible workspace, coworking space, or serviced office, we can perform the same forensic analysis for you - completely free, with no obligation.

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