Is your community venue costing you more for your gas/electricity that it should be?
LCVS have been working in with energy broker Synergy Utilities and have identified that a number of community venues across the city are potentially paying too much for their gas/electricity.
Charities and not for profit organisations should pay a reduced rate of VAT which is 5% instead of the usual commercial rate of 20%. Sometimes, suppliers do not realise the customer is either a charity or community venue and charge them 20% VAT. On other occasions, when changing tariff in an effort to lower bills, an organisation can find itself “reset” onto the 20% VAT rate, thus undermining any savings from changing tariff in the first place.
Synergy Utilities are offering a free service where they can claim back the overpaid VAT on bills you have paid going back up to 4 years. So with a short look through the bills they can quickly establish whether you might have a claim and take care of all the admin throughout any claim process.
Synergy Utilities offer this service free of charge and see this as an important part of their corporate social responsibility agenda. There is no obligation to use any of their other services.
“Within 5 minutes they identified a mistake in our Gas VAT payments and as a result, we were entitled to a rebate from our energy supplier of £6,297!!!” – Joseph Lappin Centre
“Scott managed to sort both our Gas & Electricity accounts saving us money on both and taking the pressure off me to find the best deal. Scott also informed us about the over-payment of VAT and managed to get us refunds from both.” – Croxteth Gems
For more information about how you might be able to save money for your community venue, contact Scott Miveld on Scott@synergyutilities.net or 0151 545 0808. Please mention LCVS when contacting Synergy so we can measure the size of this issue locally and measure the impact of this kind of work.Back to blog