We Found THIS Workspace a £15,208 Annual Saving
Meet George's forensic analysis uncovered hidden costs and found a 22.09% reduction in annual energy spend for this 60,000 sq ft workspace.
Request Your Free AnalysisIndustry
Flexible Workspace
Location
Bournemouth, UK
Size
60,000 sq ft
Annual Usage
239,295 kWh
Annual Saving
£15,208
Date
Q4 2025
Key Takeaways
- £15,208 projected annual saving identified through forensic bill analysis (22.09% reduction)
- Broker uplifts and poor supplier pricing were inflating costs - standing charges were 79% above market rate
- This was a forensic analysis only - THIS Workspace did not switch via Meet George, but this demonstrates the savings available
- Large workspaces often overpay because energy procurement falls to the bottom of the priority list
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 broker uplifts were inflating the spend. With hundreds of businesses relying on THIS Workspace for their daily operations, energy reliability and cost efficiency were essential.
In short: THIS Workspace was paying significantly more than necessary due to embedded broker uplifts and poor supplier pricing - they just didn't know it yet.
Like many workspace operators, savings from energy contracts are left on the table.
The Approach
Our Forensic Analysis
Meet George conducted a comprehensive forensic analysis of THIS Workspace's energy contract:
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.
Market Comparison
Using live API data from 20+ UK business energy suppliers, we compared THIS Workspace's rates against current market pricing.
Hidden Cost Detection
Our analysis revealed the standing charge was 79% above the available market rates. This excess likely represented embedded broker commission.
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
The key point is: Our forensic analysis revealed THIS Workspace could save £15,208 annually (22.09%) by switching from Tomato Energy to Tem Energy. The largest savings came from the standing charge, which was inflated by 79%, likely due to broker uplifts.
Total Annual Saving
£15,208
22.09% reduction
Savings Breakdown
Unit Rate
19.7%
cheaper
Standing Charge
79%
cheaper
Availability Charge
240%
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 and poor supplier rates 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 and poor supplier rates go undetected - costing businesses thousands of pounds annually. See how our transparent 1p/kWh fee works.
Full Cost Comparison
Here's the complete before and after breakdown based on our forensic analysis of THIS Workspace's energy contract.
| Cost Component | Before (Tomato Energy) | After (Tem Energy Quote) | Difference |
|---|---|---|---|
| Annual Energy Spend | ~£68,846 | ~£53,638 | -£15,208 |
| Unit Rate Reduction | — | 19.7% cheaper | |
| Standing Charge Reduction | — | 79% cheaper | |
| Availability Charge Reduction | — | 240% cheaper | |
| Total Annual Saving | £15,208 (22.09%) |
Previous Supplier
Tomato Energy
Quoted Alternative
Tem Energy
What This Does NOT Mean
We believe in complete transparency. Here's important context about this case study:
-
This was a forensic analysis, not an actual switch
THIS Workspace did not switch their supplier through Meet George. They allowed us to perform a forensic analysis of their existing contract to identify potential savings.
-
The £15,208 saving is a projection, not a realised saving
This figure represents what THIS Workspace could save based on the Tem Energy quote we obtained. Actual savings would depend on completing the switch and ongoing consumption patterns.
-
Your results may differ
Every business has unique consumption patterns, contract terms, and market timing. We cannot guarantee identical savings for other workspace operators.
-
Market rates change constantly
The Tem Energy rates quoted were valid at the time of analysis (Q4 2025). Energy prices fluctuate daily based on wholesale markets and supplier pricing strategies.
Assumptions & Methodology
For full transparency, here are the assumptions underlying our analysis:
Data Sources
- Actual bills provided by THIS Workspace
- Verified annual consumption: 239,295 kWh
- Live market quotes obtained via API
Calculation Method
- Annual spend calculated from current rates × verified consumption
- Tem Energy quote includes all charges (unit, standing, availability)
- Our 1p/kWh fee included in the "after" quote
Analysis date: Q4 2025 | Quote validity: 14 days from issue | Consumption basis: 12-month historical data
Frequently Asked Questions
What are broker uplifts in business energy contracts?
Broker uplifts are commissions embedded into your energy rates by brokers without your knowledge. They're typically added to standing charges and/or unit rates. THIS Workspace's standing charge was 79% above market rate, likely due to embedded broker commission. Learn more about how broker uplifts work.
How much can a workspace save by switching energy supplier?
Savings vary based on usage and current contract terms, but THIS Workspace identified a potential saving of £15,208 annually (22.09% reduction) by switching to a competitive contract with transparent pricing. Large workspaces with high energy usage often see substantial savings. Read our guide on how to switch business energy.
What is a forensic energy bill analysis?
A forensic energy bill analysis examines every component of your energy contract - unit rates, standing charges, availability charges, and fees - comparing them against current market rates to identify overcharging and hidden costs. It's aligned with the approach recommended by Ofgem guidance for business energy consumers .
How long does a business energy switch take?
It depends on your situation. If you're switching for a future start date (for example, signing 2-3 months before your current contract ends), the switch is set up in advance and takes effect on the first day after your existing contract ends.
If you're currently on deemed rates, some suppliers can complete a switch in as little as ~5 business days, while others take closer to ~21 days. Switches can also be delayed or rejected if the current account is in debt. Meet George handles the admin, and your supply is not interrupted. See our step-by-step guide on switching business energy supplier.
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 Workspace has become a cornerstone of Bournemouth's business community. Learn more about Meet George and how we help UK businesses uncover hidden energy costs.
If You Only Do One Thing
Request a free forensic analysis of your current energy contract. Most workspace operators have no idea if they're overpaying - and broker uplifts are specifically designed to be invisible. Our analysis compares your rates against live market pricing and identifies exactly where you're losing money.
This means that: Within 5 business days, you'll know exactly what you're paying versus what you should be paying - and whether switching makes financial sense for your business.
Request Free Forensic AnalysisReady 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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