With retail outlets across Finland R-kioski is a complex multisite business that needed an experienced energy partner to provide risk management services and support a large portfolio of meter points.
R-kioski owns the franchise for a chain of convenience stores across Finland. They sell books, magazines, tobacco, ready meals, snacks and drinks. Plus a range of package services, games, prepaid mobile phone topup vouchers, fishing licences and tickets for public transport. R-kioski and their parent Reitan Group chose Kinect Energy as they can provide a ubiquitous energy management and fulfilment service. By understanding R-kioski’s business we have tailored our processes and reporting to match their requirements.
Kinect supplies R-kioski with electricity for their 26.5GWh portfolio. Kinect is also responsible for managing 450 of R-Kioski’s 500 stores, managing new connections, maintenance and disconnection on a daily basis across all of the sites. Kinect also provides R-kioski with risk management services to ensure that they optimise energy prices from the market, and cost management services for non commodity grid charges. R-kioski has access to Kinect-Online the online reporting tool, which gives them the opportunity to monitor energy costs and consumption live throughout their network, putting them in control of a diverse estate of properties.
Kinect Online gives R-kioski full visibility of the energy used in their 450 of their 500 sites 24/7 giving them the reassurance that they are in control of their estate.
Portfolio and Price Risk Management service match R-kioski’s appetite for risk to the best prices in the market. Giving them the lowest stable price available. Kinect also take the hard work out of managing meters across such a large number of buildings – saving in house resource to focus on their core retail business.
‘Across the R-kioski estate we have many different building types, which consume energy at many levels. With Kinect-Online we can ensure that we offer the most efficient and cost effective energy management programme to our franchisees, who need to manage their costs to operate profitably.’
Mikko Arosilta, Development Director, R-kioski