Tearfund

Working with some of the poorest and most vulnerable people in the world, Christian charity Tearfund, helps open up potential in poor communities. They believe that people hold the key to their future and work with communities to avoid the development of a culture of dependency. Via local churches, Tearfund offers practical help and support, enabling communities to take charge of their future ensuring they are on the path to a better life.Their partnership with local churches has enabled Tearfund to set up self-help groups across the world. Setting up savings and loan groups allows members to take out the loans they need to launch projects that can generate income. Bolstering confidence, skills and self-belief, communities can begin to work their way out of poverty.

CUB began working with the charity following a meeting at an energy event in 2015. Facilities Manager, Andrew Gill said ‘As a charity, transparency is essential to us. It was apparent from our first meeting with CUB that they were open and honest. With an in depth knowledge of the energy industry, they also offered a wide range of services that could meet our requirements.

‘As a charity that advocates climate change, CUB have been mindful of the charity’s ethos and have ensured that our energy contracts are sourced from renewable energy. The team were knowledgeable, friendly and professional and we were kept informed every step of the way. CUB offered various options and made suitable recommendations ensuring the decision making process was simple and straightforward.
‘The outcome was extremely positive for Tearfund. CUB negotiated a 41% saving on our gas contract and an 8% saving on our electricity contract. This equates to an outstanding saving of £8500 over the contract period, a substantial saving for any organisation and a significant one for our charity. The more we save, the more money we have to continue the work we do’

Tearfund have a dedicated account manager as a main point of contact to manage their account and respond to their enquiries. CUB have also appointed a relationship manager who will make an annual visit to review contracts, look at current practises and offer available solutions. Services including consumption reporting, capacity review, installing smart meters, changing meter operators and data collectors have been adopted by Tearfund to help the charity make further savings.

With extensive charitable sector experience, CUB were also able to assist Tearfund with the paperwork to ensure the charity’s VAT and CCL exemptions were fulfilled so that they were billed accordingly.

Andrew Gill commented, ‘I feel that I have built up a good relationship with CUB and I would be happy to recommend them to other businesses and charities who are looking for value and support’

Monthly Market Update – August 2023

September 7, 2023

Monthly Market Update – August 2023

Electricity and gas prices ultimately gained in value over the course of August however it wasn’t all one way traffic with a few consecutive days of losses limiting the upward momentum that we saw during the month.

Monthly Market Update – July 2023

August 15, 2023

Monthly Market Update – July 2023

Volatility remained apparent with energy markets over the course of July with both upward and downward swings seen throughout the month. However ultimately gas and power prices in particular closed the month lower than the levels we saw at the open.

Average Electricity and Gas Supply Contract Rates

August 4, 2023

Average Electricity and Gas Supply Contract Rates

Want to know the average price of electricity and gas prices being offered by suppliers? Our pricing team has kindly pulled together this information which we will update on a quarterly basis going forward.