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  • What we do

    What We Do

    At Accounting for Energy, our vision is to build a mutually beneficial, rewarding marketplace
    for landowners who have renewable energy projects on their land.

    That’s why all our services help to increase transparency in this new and largely unregulated
    industry – while equipping and empowering landowners and the other people we help with
    the insights they need to benefit fully from their renewables projects.

     

     

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    56% increase in wind farm income for one of the UK’s largest landowners

    By Freccia Benn – (2 min read)

    Renewable energy makes good business sense –  it’s a great way generate income, create jobs, and have a positive impact on the environment, which is why so many businesses and landowners up and down the country invest in it. However ensuring you are receiving accurate land rent payments for these investments is far from simple, and is a challenge even for the most experienced in-house legal and accounts teams.

    This is where AfE come in. We use a wide range of metrics and take it account a host of economic factors, as well as government policy, to iron out the complexities attached to these payments. Our expertise allows us to spot errors that are often overlooked, even when the highest financial diligence has been carried out.

    One of our clients – one of the biggest landowners in the UK –  saw an annual income rise of 56% after we verified their payments. They had been receiving regular royalty payments since the wind farm’s commissioning date, but the accounts team had no checking the accuracy of these fees.

    They have kindly given us an insight into how our work has impacted their organisation. To maintain their confidentiality, the organisation has not been named.

    How do you feel about your original lease agreement? On reflection do you feel it was fair?

    The management team felt it represented best value at the time. We’re obliged to our stakeholders to obtain best value so the lease would have originally been negotiated with that in mind.

    Your revenue doubled after AfE reviewed your lease, were you surprised and what impact has this recalculation had?

    We were surprised. Any uplift in value makes a difference and there has been an operational impact on projects that are at the heart of what we do. It’s always good to have things checked.

    What were your thoughts on Accounting for Energy when you first heard about them?

    To be honest we knew nothing about them. We referred their proposal to our land agent, and they had a look at it and thought it can’t be a bad thing. It’s actually a good thing to have checks and balances and we benefited from what must have been incredibly painstaking work! We asked ourselves if going down this line would be a good use of all our time and resources, and our agent felt that yes, it would be.

    Why would you recommend Accounting for Energy?

    Their communication was very good and there was a lot of clarity. This wasn’t easy to work through, and a lot of time has gone by and the case has gone through a lot personnel. It’s a case that had to be built up piece by piece so I would recommend Accounting for Energy for their perseverance. You don’t know what you’ll find and what the outcome will be, this could be something that needs more regulating if there are more instances of this happening than people are aware of.

    How important is creating a greener environment to your organisation?

    We have a commitment to sustainable issues. For example, we’ve had a programme where we’ve put solar panels on lots of our buildings so people can benefit from the cheaper electricity and reduction in the carbon footprint. We are committed to sustainable solutions for the running of the organisation, it is good husbandry, and ties in with our values.

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  • Testimonials

    • “We found your report informative and easy to read, it was good to see how the wind farm is performing and we were pleased with the results of the audit”

       

      Mark Charles, Exeter

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    • Sara James, Durham

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    • Martin Roberts, Peterborough

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    • Tracy Maria, Cumbria

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    • David Terrence, Devon

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    • “In every instance Accounting for Energy have identified and recovered shortfalls in rent for my clients. Not only do the landowners receive back payments but they are also keen to show developers that they are being held to account.”

       

      Chris Thyer MRICS FAAV Land Agent, GSC Grays

      Share
    • “We don’t have comparable leases in renewable energy meaning there are few examples to draw from, so it’s always good to have checks and balances in place. We would recommend Accounting for Energy for their diligence.”

       

      Ali Walker Property Co-ordinator, Bath and Wells Diocese, Church of England

      Share
    • “The information provided by the turbine owner seemed to be comprehensive. The issue comes with knowing if all the data is complete and the audit was able to identify areas that we should have been receiving royalties on.”

       

      Ben Ardern Financial Controller, Dewlay Cheesemakers

      Share
    • “I worked with Travis on a set of arbitral proceedings to recover unpaid royalties on behalf of the landowners of a large renewable energy site. I was very inspired by his passion for his industry and his tireless commitment to getting the best results.”

       

      Sarah Bishop, Commercial Disputes Solicitor

      Share
    • “Travis is the go-to person for renewable energy landowner royalty payments. He gets into the details of a case, and is very tenacious in identifying and recovering any monies owed to landowners.”

       

      Grant Jones, Chartered accountant, solicitor and practicing arbitrator

      Share
    • “I would recommend Accounting for Energy because they are clearly experts in this area, and they were good to work with. It was an easy decision to get them on board because we really didn’t have the expertise or the time to be trawling through the lease and power purchase agreement.”

       

      Nick Kenyon, CEO, Dewlay Cheesemakers

      Share
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  • Our Clients

    Our Clients

    • “We found your report informative and easy to read, it was good to see how the wind farm is performing
      and we were pleased with the results of the audit”

       

      Mark Charles,

      Exeter

    • “Job well done”

       

      Sara James,

      Durham

    • “Early non-payment discovered so very happy with outcome”

       

      Martin Roberts,

      Peterborough

    • “Excellent service. The review has given me peace of mind”

       

      Tracy Maria,

      Cumbria

    • “We found the report very thorough and really interesting and were pleased
      that the payments have been corrected and appreciate your help with this very much”

       

      David Terrence,

      Devon

    • “In every instance Accounting for Energy have identified and recovered shortfalls in rent for my clients. Not only do the landowners receive back payments but they are also keen to show developers that they are being held to account.”

       

      Chris Thyer MRICS FAAV

      Land Agent, GSC Grays

    • “We don’t have comparable leases in renewable energy meaning there are few examples to draw from, so it’s always good to have checks and balances in place. We would recommend Accounting for Energy for their diligence.”

       

      Ali Walker

      Property Co-ordinator, Bath and Wells Diocese, Church of England

    • “The information provided by the turbine owner seemed to be comprehensive. The issue comes with knowing if all the data is complete and the audit was able to identify areas that we should have been receiving royalties on.”

       

      Ben Ardern

      Financial Controller, Dewlay Cheesemakers

    • “I worked with Travis on a set of arbitral proceedings to recover unpaid royalties on behalf of the landowners of a large renewable energy site. I was very inspired by his passion for his industry and his tireless commitment to getting the best results.”

       

      Sarah Bishop,

      Commercial Disputes Solicitor

    • “Travis is the go-to person for renewable energy landowner royalty payments. He gets into the details of a case, and is very tenacious in identifying and recovering any monies owed to landowners.”

       

      Grant Jones,

      Chartered accountant, solicitor and practising arbitrator

    • ““I would recommend Accounting for Energy because they are clearly experts in this area, and they were good to work with. It was an easy
      decision to get them on board because we really didn’t have the expertise or the time to be trawling through the lease and power purchase agreement.”

       

      Nick Kenyon,

      CEO, Dewlay Cheesemakers


  • Testimonial with bg

    • “We found your report informative and easy to read, it was good to see how the wind farm is performing and we were pleased with the results of the audit”

       

      Mark Charles, Exeter

      Share
    • Sara James, Durham

      Share
    • Martin Roberts, Peterborough

      Share
    • Tracy Maria, Cumbria

      Share
    • David Terrence, Devon

      Share
    • “In every instance Accounting for Energy have identified and recovered shortfalls in rent for my clients. Not only do the landowners receive back payments but they are also keen to show developers that they are being held to account.”

       

      Chris Thyer MRICS FAAV Land Agent, GSC Grays

      Share
    • “We don’t have comparable leases in renewable energy meaning there are few examples to draw from, so it’s always good to have checks and balances in place. We would recommend Accounting for Energy for their diligence.”

       

      Ali Walker Property Co-ordinator, Bath and Wells Diocese, Church of England

      Share
    • “The information provided by the turbine owner seemed to be comprehensive. The issue comes with knowing if all the data is complete and the audit was able to identify areas that we should have been receiving royalties on.”

       

      Ben Ardern Financial Controller, Dewlay Cheesemakers

      Share
    • “I worked with Travis on a set of arbitral proceedings to recover unpaid royalties on behalf of the landowners of a large renewable energy site. I was very inspired by his passion for his industry and his tireless commitment to getting the best results.”

       

      Sarah Bishop, Commercial Disputes Solicitor

      Share
    • “Travis is the go-to person for renewable energy landowner royalty payments. He gets into the details of a case, and is very tenacious in identifying and recovering any monies owed to landowners.”

       

      Grant Jones, Chartered accountant, solicitor and practicing arbitrator

      Share
    • “I would recommend Accounting for Energy because they are clearly experts in this area, and they were good to work with. It was an easy decision to get them on board because we really didn’t have the expertise or the time to be trawling through the lease and power purchase agreement.”

       

      Nick Kenyon, CEO, Dewlay Cheesemakers

      Share

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