Hope Technologies
Hope manufactures almost every part for a bicycle including hubs, brakes, headset, stems, bottom brackets and lights. The business exports around 50% of its production to over 40 countries and their components have an excellent international reputation for both quality and reliability.
“Traditionally we have always dealt directly with our energy supplier as we felt this was the most cost effective option. Since working with Red Hawk we recognise just how valuable a consultant-led approach can benefit Hope, particularly at this time. They really feel like a member of our team and we trust their advice and guidance implicitly.”
Challenge
Hope had always been on fixed contracts direct with their energy supplier, but with rates rising at a phenomenal rate, they decided it was time to seek expert advice so that they could make well informed and educated decisions for the future.
Red Hawk Group came recommended to them and Billy Ingham, Managing Director, was invited for preliminary discussions.
Solution
Billy said: “Hope had never used a consultant before so I had my work cut out in convincing them why this would be a smart move.
“I explained that, should they remain on a fixed rate, their energy prices would instantly go up about 30%.
“But if they instead opted for a sophisticated, flexible alternative it not only negated this 30%, it put them control of their spend.
“A flexible contract enables you to choose how and when you purchase energy, advised all the way by an expert consultant.
“Hope chose the flexible contract solution and immediately saved themselves from the 30% price hike.
“We are now working closely with them to manage their energy portfolio smartly, by purchasing tradeable volumes of energy at optimum times and will continue to do so for the next 3 years.
Result
Hope has been blown away by the opportunities afforded to them by Red Hawk Group and are already feeling the benefits of a consultancy-led service.
The business is now looking at other energy projects with Red Hawk in order to drive efficiencies and reduce costs.
