How Faraday Property Saved £340,000 on Business Gas
Discover the procurement strategy that saved Faraday Property £340,000 on their business gas contract. Learn how flexible purchasing can work for you.

Company
Faraday Property Management
Use Case
Utility Procurement & Trading
Year
2024

Turning Volatility into Opportunity
Faraday Property Management Limited is a well-established residential property management and building surveying specialist operating across a diverse portfolio of properties.
They have partnered with Advantage Utilities since 2016, working closely with Janey Brockwell, Head of Property Management, and her team to manage energy risk across their estate.
In early 2022, the UK gas market was experiencing unprecedented volatility. Wholesale prices were moving sharply and unpredictably. Many organisations reacted by locking into high fixed contracts for certainty.
Faraday took a different route.
The Strategic Intervention:
Rather than simply renewing onto another fixed agreement, we conducted a full market exposure review. This included:
Forward curve analysis
Risk tolerance assessment
Budget sensitivity modelling
Portfolio consumption profiling
Supplier flexibility evaluation
Our recommendation was clear: move from a fully fixed contract to a structured Flexible contract.
The Outcome:
In March 2022, Faraday entered a 12-month flexible gas purchasing arrangement.
For one key gas meter alone:
Annual consumption: 3,398,189 kWh
Fixed contract equivalent cost (at the time): £623,803.67
Actual cost under structured flexible purchasing: £283,345.35
Total saving over 12 months: £340,458.32
After reviewing performance and understanding the risk-managed approach behind the results, Faraday elected to continue with a further 12-month flexible strategy.
What Made the Difference?
The savings were not accidental. They came from:
Active market monitoring during extreme volatility
Staggered purchasing rather than single-point commitment
Real-time supplier engagement
Ongoing budget visibility and reporting
Continuous review rather than “set and forget” contracting
In turbulent markets, process matters more than price.
Client Testimonial:
“During these turbulent times, it has been a great relief to many of our clients that Advantage have been there to guide them through some very tricky situations. Focused on providing the best options available and always able to support the clients and agents with clear up-to-date information to support the decision-making process.
Singling out Janey, she goes above and beyond to ensure that some very tricky clients are provided detailed and clear advice, as many times as they request this. Many would have lost patience, but happy to say, not Janey. Based on my experiences with several similar service providers, Advantage stands out above the rest.”
Anthony Hubbard, Operations Director
The Bigger Picrture:
Energy procurement in volatile markets is not about choosing “fixed or flexible”.
It is about:
Understanding exposure
Knowing when to hedge
Knowing when to hold
Managing supplier dynamics
Protecting budgets without overpaying for certainty
That is where experience matters.
Advantage Utilities manages over £100m of energy annually and supports 22,000+ UK businesses with whole-of-market access and structured risk strategies designed around each client’s operational reality.
Speak With Us
We understand the complexities of navigating your energy, book in a time to speak with us below
Book A Consultation
