PKF Francis Clark cuts energy costs by 38%

PKF Francis Clark cuts energy costs by 38%

RO Capital Partners  announces that its portfolio company, measurable.energy, has installed its smart power sockets in the office of PKF Francis Clark in Bristol.

PKF Francis Clark, which ranked 12th in Accountancy Age’s 50+50 for 2023, operates an office located at 90 Victoria Street in that city, an office building comprising 24,377 sq.
ft. of high-quality office accommodation across four storeys.

measurable.energy is a UK tech company that designs and manufactures smart, machine-learning enabled power sockets that will reduce the energy costs of PKF Francis Clark’s Bristol office by more than 20%. It’s solution eliminates ‘Small Power’ waste, which is energy not required by devices that are plugged in or directly wired; such as printers, AV equipment, chilled and hot water taps, monitors, and heaters, and which are often left fully on or in standby mode overnight.

Up to 40% of total electricity usage in most commercial office buildings can be attributed to this type of ‘Small Power’ energy use.

“Since deploying measurable.energy’s AI-powered sockets, we have not only reduced our office’s energy consumption of the devices using the sockets by 38%, but have also gained invaluable insights into our power usage patterns. This technology has been instrumental in our efforts to operate more sustainably and efficiently,” said Jim Solomon, Regional Facilities Manager at PKF Francis Clark.

The RO Group is committed to creating value for all stakeholders whilst also addressing environmental and social issues. This includes:

  • Measuring the RO’s Scope 1, 2 and 3 carbon footprint, capturing all goods and services emissions sources, with support from Planet Mark as part of its journey to Net-Zero.
  • RO Capital Partners actively invests in business opportunities with positive environmental and social impacts.
  • RO Energy pursues projects in renewable energy including a 5 MW solar park in Milton Keynes.
  • RO Group actively reviews its operating systems and supply chain to ensure that it consistently drives efficiencies, and works with other businesses that value diversity and sustainability.

“We are very pleased to have installed measurable.energy’s technology in our flagship Bristol property for a key tenant, PKF Francis Clark. We acquired 90 Victoria Street in Bristol in April 2023, and ROCP’s investment into Reading-based measurable.energy was also made early in 2023,” says Edward Rowlandson, Group Managing Director at RO.

“That investment was driven by the need to reduce energy, and we are delighted that PKF Francis Clark’s  values align with our own, and that of measurable.energy. We look forward to seeing their simple solution for office occupiers who are under pressure to take action, cut energy costs, and reduce emissions installed in more properties around the country, as the business looks to scale.”

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