Utility Watch UK has launched a free, online, price-comparison audit service for organisations.

The service is available to firms willing to email over copies of their gas, electric and telecoms bills as part of their procurement process.

Utility Watch UK consultants will analyse the bills, in detail, comparing not just the rates charged for commercial telecoms, gas and electricity supplies but other price influences too, such as type or term of contract together with promotions available for those willing to switch.

Potential savings could be as much as 25 per cent on typical commercial gas and electric bills, in comparison to renewal prices and up to 40 per cent on telecoms.

Participants will be given detailed independent advice on what to choose including information on the best way to switch.

Utility Watch UK, which already provides a free online comparative quote service via its website, says that those organisations who have been struck by the potential savings from using the online quotation tool will want to look at their options in depth but often lack the in-house expertise to optimise their review.

Lance Pearson, managing director of Utility Watch UK, said that there was pent up demand for an in-depth service that could inject balance into the procurement strategies of organisations.

“Whilst providing headline comparative quotes to organisations is a useful guide, the devil is often in the detail. As the advice we provide is independent, we felt that to go that extra mile and walk organisations through their bills and decision making processes was a good idea,” he explained.

When asked how the service is funded, Pearson explained he has arrangements with all the leading utility suppliers across gas electric and telecom.

“There is, therefore, no favouritism and we always suggest the best deal we can. After all, if we save someone 30 per cent on their bills, they will tell other people or use us again,” he added.

He said that this also meant that the work Utility Watch UK does, such as quotes and audits for end users, is completely free with no hidden charges of any kind.

“We treat every individual quote with the same care as we employ the latest technology to extract the best quote in each case. Thus, it is the same for a major automotive manufacturer as it is for a small independent retailer or manufacturer,” Pearson added.

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