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Case study - Comprehensive energy review identifies substantial savings
Case study - Comprehensive energy review identifies substantial savings
Case study - Comprehensive energy review identifies substantial savings
Case study - Comprehensive energy review identifies substantial savings
Case study - Comprehensive energy review identifies substantial savings
Case study - Comprehensive energy review identifies substantial savings
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Case study - Comprehensive energy review identifies substantial savings

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National senior assisted living community saves $1.9 million from variety of incremental cost-savings and cost-avoidance opportunities …

National senior assisted living community saves $1.9 million from variety of incremental cost-savings and cost-avoidance opportunities

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  1. FEATUREDCASE STUDY
  2. OpportunityA national senior assisted livingcommunity company engagedFellon-McCord to provideenergy management servicesfor 128 facilities.Although the client hadpreviously worked with anotherenergy management firm, wewere able to identify a variety ofincremental cost-savings andcost-avoidance opportunities.
  3. SolutionFellon-McCord’s energy team As part of our analysis, weperformed a comprehensive reviewed:review of all facets of the client’s • Gas, electric and fuel contracts toenergy management program. determine expiration, terms, pricing and fair market value; • Invoices to ensure correct charges were being billed to the right accounts and to clean up any outstanding issues; and • Existing energy procurement processes, hedging strategy and site- level market positions.
  4. ResultsOur comprehensive review of our Fellon-McCord’s energy teamclient’s energy management identified approximately $1.9program enabled us to add value million in savings from a variety ofto their bottom line within the sources including invoice errorfirst year of our relationship. correction, a change in risk management strategy and a recommendation that the client put its current energy contracts out for competitive bid.
  5. ConclusionWith Fellon-McCord’s knowledge andexpertise in analyzing energy strategies,procedures and positions, we were able tocomplete a comprehensive review for each ofour client’s 128 facilities. Our energy teamevaluated a multitude of energy-related issuesto identify opportunities for cost savingsand/or cost avoidance.Even though the client had previously used anenergy management firm, the client was ableto realize significant additional savings basedon our comprehensive approach to energymanagement.
  6. CLICK HERETo get invites to all future Fellon-McCord Knowledge in Energy™ events

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