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
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.
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
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.
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.
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