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Energy Procurement

In order to recommend the most suitable energy procurement solutions we have a dedicated team of energy procurement specialists that take the time to understand our clients’ business objectives. Our approach is to identify our customer’s attitude to risk and provide a bespoke strategy based on the energy consumption demands of an individual business. We achieve this by combining our market knowledge with the multitude of fixed and flexible contract options now available. When going to market to procure energy contracts, there is no bias towards any particular supplier(s), which ensures we operate with complete independence at all times.

It is essential for businesses to be in control of their contracts and suppliers; this ensures a prompt reaction to market fluctuations so that the market lows can be exploited.

Our client base is very diverse across multiple industries with ranging energy spends. Depending on the nature of your business, energy spend may be a significant cost which requires a risk management strategy to support budget planning. We work with our clients to understand their attitude to risk, business planning and procurement objectives, enabling us to create the appropriate approach for procuring their energy.

Although energy markets are volatile and can experience significant fluctuations in both short-term and long-term pricing, having the right strategy and contract options in place can reduce the exposure to these fluctuations, mitigating the associated risks of price rises whilst enabling clients to take advantage when prices fall. In many cases, due to the relationship and trust in place, we are asked to take the lead in creating and delivering this strategy as the client’s chosen energy consultants.

Our key goal is to secure the best price with the right supplier at the time of tendering. We provide a completely independent service with no affiliation to particular suppliers and always with our clients’ tailored strategy and requirements at the forefront of our minds.

Alongside our continuous monitoring of the energy markets, we are always busy behind the scenes completing tendering exercises to establish which suppliers are pricing most competitively at any given time and identifying new contracts/products that could benefit our clients. This enables us to simplify the decision-making process by short-listing the best supplier and contract offers, as well as providing our recommendation based on each client’s wants and needs.

Fixed energy procurement essentially secures a price that remains fixed for the duration of the contract. Due to the volatility of wholesale energy markets, securing this type of contract remains the most common approach for UK businesses for a numbers of reasons, the main one being the budget certainty provided.

If fixed contracts are your preference, we are able to offer our clients both ‘fully fixed’ and ‘pass-through’ contracts; the latter are a slightly cheaper option but do enable suppliers to pass on any potential additional charges they are unable to absorb, for instance third-party network costs and renewable taxes.

Flexible energy procurement essentially provides an alternative, higher risk approach to energy procurement that may suit your energy procurement goals. Our procurement specialists support you in buying your energy across the full range of buying periods on an on-going basis, with your tailored strategy and requirements at the forefront of our minds.

Procuring your energy flexibly enables you to take advantage of movements in the wholesale gas and electricity markets, with our bespoke solution taking into consideration the level of risk and budget certainty required, whilst simultaneously considering the desired price opportunity.

Following the deregulation of the English water market in April 2017, businesses and public sector bodies (non-household) have been given the opportunity to switch all water services to a supplier of choice, benefitting from portfolio consolidation whilst also securing competitive contract pricing.

Our water procurement specialists will complete the tendering and procurement process on your behalf, based on your business requirements. Once a decision has been reached, our in-house team support the transfer of your water estate and provide contract management support covering all aspects, from cost and consumption to environmental compliance and reporting.

The Scottish water market deregulation is more established where discounts improved over time. There are suggestions that future pricing reviews may see the English water market follow suit. Naturally, we are staying close to this and our clients will be the first to know of any significant developments as the market matures.

Other service areas

We also offer a variant of other service areas to ensure cost reduction for all your Business Utilities needs.

Market Insight

Bureau Services

Energy Management

Risk Management Strategy

Contract Tendering

Fixed Price Energy Procurement

Flexible Price Energy Procurement

Water Procurement

Other service areas

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