It aims to help its publicans reduce their utility costs – with one publican already benefiting from more than £14k savings per annum on their current gas and electric costs combined.
The scheme will also provide a single point of contact to help publicans manage their utility bills, protecting them from the complications of communicating with several brokers and providers.
Ei Group commercial director Paul Harbottle said: “Energy costs are consistently one of the largest overheads for publicans together with business rates and staffing.
“We are, therefore, constantly seeking new ways to help our publicans drive greater profitability; this involves us leading on new initiatives that will reduce costs and save time.
“We’ve built the Pub Energy scheme to ensure we get it just right for our publicans and pass on the entire saving.”
Taking focus away
Pub Energy has partnered with Ista, one of the world’s leading energy solutions companies, as well as UGP and CNG, regulated gas and electricity suppliers, to leverage the best rates.
It was launched at the group’s ‘eilive’ road shows last month where the pubco saw a great interest from publicans.
Harbottle continued: “By partnering with a global leading energy company that has many years’ experience of working alongside pubs, we are saving our publicans from two things: hidden high costs and the time spent speaking to several different suppliers, both of which take the focus away from running a great pub.”
The scheme will constantly review contract costs available in the marketplace to ensure it offers the most competitive rates.
A brilliant experience
Antony Rees from the Spread Eagle, Herefordshire, said: “We’ve had an absolutely brilliant experience with Pub Energy.
“We first encountered the scheme at eilive and the team on the stand were great – I was contacted shortly afterwards and would highly recommend it to any publican.
“The level of savings available via Pub Energy was unreal, with over £14k savings per annum on my current gas and electric costs combined.”
Publicans can register their interest via the Ei’s Publican Channel and can also sign up via their regional managers.