Crossword Genius

Energy company distributed monies, cut costs (9)

Ross

I believe the answer is:

economise

'cut costs' is the definition.
(I've seen this before)

'energy company distributed monies' is the wordplay.
'energy' becomes 'e' (physics symbol as in E=mco).
'company' becomes 'co' (abbreviation).
'distributed' indicates an anagram.
'monies' anagrammed gives 'nomise'.
'e'+'co'+'nomise'='ECONOMISE'

(Other definitions for economise that I've seen before include "cut costs" , "Cut back on expenses, be thrifty" , "save?" , "Scrimp" , "Make savings" .)

I've seen this clue in The Sun and The Times.
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