FAQ

some common questions answered

WHO IS DR COST?

WHO IS DR COST?

Dr Cost is a cost consultancy firm who will secure the best value contracts for non—core expenses. We specialise in gas, electric, water and telecoms; you can rely on Dr Cost to ensure your account is managed through Dr Cost’s in-house monitoring system, identifying errors and resolving issues.

WHY DR COST?

WHY DR COST?

We will implement the most competitive contracts for your business and can benchmark against alternative brokers or your own assessments.

HOW DOES DR COST DO THIS?

HOW DOES DR COST DO THIS?

We have direct agreements with up to 30 suppliers and together with our purchasing power means that our impartial tender is in your best interest.

WHAT DOES DR COST CHARGE?

WHAT DOES DR COST CHARGE?

Dr Cost have flexible structure and can earn its fee from any of the below:

  • having commission incorporated within the utility contract with no separate fee
  • a % of savings between alternative offers and Dr Cost’s best option
  • an agreed consultancy fee based on savings achieved

WE ARE HAPPY WITH OUR BROKER, WHY CHANGE?

WE ARE HAPPY WITH OUR BROKER, WHY CHANGE?

Your broker could very well be doing an excellent job but assuming they are, they should have no issue in other consultancy offering prices by comparison.

We have unfortunately seen too many occasions where brokerages are getting too comfortable and have been incorporating excessive commissions to the client s financial detriment. In other scenarios an incomplete tender is done with just the incumbent supplier and other ‘favoured’ suppliers without a full market review.

All we ask is the opportunity to compare.

OK, BUT WE GO DIRECT TO A SUPPLIER; HOW CAN YOU BEAT THIS?

OK, BUT WE GO DIRECT TO A SUPPLIER; HOW CAN YOU BEAT THIS?

We have almost £50m worth of contracted utilities and this buying power is likely in excess of any individual client; this ensures our purchasing power keeps suppliers keen and prices low. In addition, our agreements with circa 30 suppliers ensures that suppliers know they need to remain competitive to compete.

In addition, an individual client does not have the time to approach or is even aware of the numerous other suppliers available who have products more suitable to your business in terms of pricing, meter adjustments and so on to improve on delivered cost.

All we ask is the opportunity to compare.

WHAT'S THE NEXT STEP?

WHAT'S THE NEXT STEP?

All we need to see is your utility information, any of

  • one recent month’s copy bill per meter
  • a utility contract
  • a schedule of supplies
  • a letter of authority allowing us to contact your suppliers

We assess, advise of competitiveness, if there are any errors in the contract and, in some cases, even if the contract can be re-agreed to your benefit.
These can be uploaded through the website, or emailed through to us or even request a call-back where one of our consultants can discuss your needs.