B4B helps firm slash energy costs.
Coventry Industrial Engineering, of Binns Close, has slashed its electricity bill by half, after using a cost reduction scheme set-up by Coventry's Best for Business (B4B), the team behind the Business Improvement District (BID).
The company will save around pounds 1,500 a year after switching supplier - and it has urged other firms to look into savings they could make through the BID scheme.
Cazz Thompson, of Coventry Industrial, said: "We have a site of around 9,000 sq ft and whenever the electricity bill would come in, I'd have a lump in throat because of its size.
"But Coventry B4B made us aware of a cost reduction scheme they run.
"I faxed off the last two utility bills to show our electricity usage and within 15 minutes I had a response with four cheaper alternatives for us.
"We told them which option we wanted to switch to and they have handled it for us. The saving we will make will be massive.
"We didn't really know about the BID and were a bit sceptical about what they could offer us.
But the money we will save through bills alone has paid for levy and then some.
"My advice is that if businesses are paying then they should explore what they can get out of it - it's certainly benefited us."
More than 2,000 businesses in Coventry are BID members and Coventry B4B has used the combined buying power to reduce electricity and gas bills.
Andrew Vale, business area champion for Coventry B4B, said: "Every business we go to see is trying to save money sensibly and our cost reduction scheme is perfect for that.
"Coventry Industrial Engineering cut 46 per cent from its yearly bill and all they needed to do was send a recent energy bill. There was no hassle for them but the saving is remarkable.
"It can be the same for BID businesses across Coventry and I'd urge them to get in touch with us."
Companies seeking more information can contact the Coventry B4B on 024 7665 4300.