Property investments build on sustainable foundations
8 November 2023
Hornington Investments relies on the expertise and transparency to support its efficiency goals
Hornington Investments Ltd and its associated companies are a hospitality and property business that owns various assets throughout the UK. But wise investments don’t end with a purchase. After all, ensuring that new properties have all the appropriate utilities requires additional, sometimes significant, expenditures. This is especially true for large buildings, such as the Mercure Hotel in Somerset, whose energy consumption can reach 10% of its revenue.
Making the right business decisions
Hornington has been operating for several decades and worked with all possible energy providers. The company recently settled on British Gas as its gas and electricity partner for six properties, including the Mercure Hotel. “We’re always looking at ways to improve financial efficiency,” says Deepak Chainrai, Director and CEO of Hornington. “That was one of the reasons we went with British Gas.” But there was another very compelling reason to trust British Gas over other providers. It offered priceless advice to support the new Hornington venture in qualifying for credit. “We followed their advice and we got the account and a good rate. Our account manager at British Gas made this possible and saved us money in the process. He’s been absolutely fantastic, very supportive, and given us very good guidance. We’re very thankful to him and British Gas,” says Chainrai. By joining British Gas, Hornington is also benefiting from Zero Carbon electricity as standard, which is backed by electricity from renewable energy sources and nuclear generation, supporting its Net Zero goals.
Expertise as part of the package
In addition to relying on British Gas for its energy, Hornington also uses the online account for related data. “We use it all the time to download the invoices,” says Chainrai. “We also use it to provide readings for the properties that are not on a smart meter. It doesn’t help us manage usage, but it helps us manage our payments which is essential.” It allows the company to pay only for the energy consumed, thereby avoiding estimated bills that might be higher than the usage, which in the hospitality business can mean significant costs. But energy and online services are not the only British Gas offering. Hornington and its Mercure Hotel rely on the provider’s expertise to plan for the future and make smart decisions.
Trust-based partnership
Although British Gas has been the most efficient and logical partner, it’s also important for Chainani and his team to build the right business allies. “Our British Gas account manager frequently sends us market updates regarding trends and takes the time to share consumption data other utility companies will not take the time to share,” says Chainani. “You don’t always have to get the best deal as long as you’re getting something else of value out of that relationship.” Hornington leaders have been so happy with the support they’ve been receiving that they’ve even recommended British Gas to other companies and hopes to include the provider in its future business growth.
"We got the account and a good rate. Our British Gas account manager made it possible and saved us money in the process. He’s been absolutely fantastic, very supportive, and given us very good guidance. We’re very thankful to him and British Gas.”
Roshan Chainani, Manager Hornington Investments Ltd.
Learn how your business can save more energy
Get a quote today for supportive and transparent expertise.
Related articles
Renewable power reaches a new high
How your energy data can benefit your business sustainability strategy
The views, opinions and positions expressed within the British Gas business Blog are those of the author alone and do not represent those of British Gas. The accuracy, completeness and validity of any statements made within this blog are not guaranteed. British Gas accepts no liability for any errors, omissions or representations. The copyright in the content within the British Gas business Blog belongs to the authors of such content and any liability with regards to infringement of intellectual property rights remains with them. See the Fuel mix used to generate our electricity. Read about making a complaint about your business energy.
