'We are delighted with the professional, affordable service provided by UPL. The company offers a reliable yet flexible solution to all of our energy management requirements – including procurement, smart metering and bill validation – enabling The Peacock Group to make significant reductions in energy consumption and costs.’
Andy Harvie, Group Estates Maintenance Manager: The Peacock Group Ltd
Established in 1884, The Peacock Group operates two fashion retail chains: High street favourite Peacocks, which sells value-priced clothing and footwear, and Bon Marché, which retails affordable womenswear to those in the over-45 age range. The company comprises more than 850 stores throughout the UK, and also operates franchises throughout Turkey, the Middle East, Ukraine and Russia.
Energy costs typically account for less than 1% of The Peacock Group’s annual turnover. Whilst this may seem a relatively low figure, energy costs do represent a significant expenditure. In 2005, the company’s energy costs doubled and the establishment of an effective energy management campaign became a priority. The following year, The Peacock Group set a clear energy policy across the company: to cut energy costs by 10% between 2006-10, and to sustain this reduction by incorporating a strategic energy management programme.
UPL provides a wide range of energy management services for The Peacock Group, including:
Each of these is tailored to match the specific requirements of the company, with the aim of accomplishing The Peacock Group’s energy and cost saving objectives.
Through skilful negotiation of energy contracts, UPL’s procurement team have enabled The Peacock Group to make savings of £3 million over a two-year period. Expert bill investigation has lead to a further saving of more than £150,000 between July 2007 and July 2008. UPL is also on track to exceed The Peacock Group’s company target of reducing energy costs by 10% between 2006 and 2010, as well as decreasing overall energy consumption.