SOLUTION
Utility Cost Management
Need
In sectors where equipment is very energy intensive and expensive, businesses need a way of making sure their monthly or quarterly utilities stay within budget.
Data is important for solving this problem, allowing companies to date with any hourly, daily, weekly or monthly energy cost changes.
Our Solution
GridDuck offers a streamlined solution for utility cost management. Our system allows users to input their tariff information, creating financial data for electricity, gas and water consumption.
Our custom reports also help you to gain a snapshot of the metrics you are most interested in without trawling through lots of data. Our widget board shows your weekly and monthly highlights, with % growth or reduction in each utility clearly visible.
Custom alerts allow users to receive notifications when they are over budget, under budget or when costs have grown unexpectedly. Our dashboard makes it easy to set and change prompts for whichever factors are most important to your business, helping you to avoid any nasty surprises when your energy bill arrives.
Similarly, our real-time data allows you to validate the costs in your business’s energy bill, and challenge any instances in which you have been overcharged.
Finally, our platform offers custom invoices, so that you can send your own branded utility invoices to any tenants or subcontractors working on your sites. See our ‘estate management’ page for more information.
Your energy data can tell you exactly how much inefficient equipment is costing you. By comparing this to the cost of a new model, you can accurately calculate whether or not equipment upgrades are worthwhile for your business.
Case Study
Bowles and Walker used GridDuck to aid in their financial planning.
Bowles and Walker are a specialist plastic moulding manufacturer from the UK. Due to the scale and energy needs of their specialist machinery, Bowles and Walker had high energy costs prior to using GridDuck. Through GridDuck’s offering of appliance, circuit and site level monitoring, Bowles and Walker could gain the insights they needed about each machine's energy performance.
Just through the power of energy insights, the business was able to make upgrades which saved them £20,000 in avoided energy costs.