The Glasgow-based business behind the “food as narrative” concept restaurant Six by Nico, can now be found across 21 locations in the UK. Since 2021, they have been working with energy management and sustainability specialists Inenco, to ensure effective energy procurement and better contract alignment.
Better energy procurement
Inenco have over 50 years of energy procurement experience and a trusted team with a deep understanding of the market.
With expert advice from Inenco, who following a full market review hedged out long-term energy supply contracts until 2026, Six Company have been able to save approx. £296k. Through the extreme market volatility over recent years, these fixed contracts have ensured that the energy rates charged have remained well under the current market conditions, offering more security and price certainty to the growing restaurant chain.
Better contract alignment
In addition to securing competitive energy procurement rates, Inenco have improved the ease of managing these supply contracts across the Six Company estate portfolio. Like many businesses who have more than one site, Six Company had multiple contracts with various suppliers that all ended at different times. Inenco worked to bring these contracts together and align them under one supplier with one end date, resulting in greater ease and visibility for Six Company.
Better meter management
As the energy meters included a mix of completely new sites and existing sites, Inenco were able to offer further support in managing a smooth series of change of tenancies to ensure the right meters and the correct bills were being charged for. Furthermore, a number of sites required meter removals and installs or upgrades all of which were project managed successfully by Inenco. Relying on the specialist support of Inenco for their energy procurement, contract alignment and energy billing queries has allowed Six Company to spend more time focused on delivering an excellent experience to their customers.
““Having used Inenco in a previous role I knew the benefits that partnering with them would bring and how they take the hassle out of managing utilities. When I joined the company in 2021, I noticed that we were on out of contract standard variable tariffs and quickly engaged Inenco to get us onto fixed tariffs, which created a projected saving of £48k on our then estate of 10 sites. In hindsight this saving turned out to be significantly more due to the spike in global energy prices! We now have 21 sites and our dedicated Account Manager is always at the end of the phone if we have any issues.” ”
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Sustainable Energy First, has acquired Inenco.
The acquisition brings together two businesses with one common objective; to make truly renewable
energy more accessible to businesses of all sizes helping them achieve their Net Zero targets.
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