Simplify your business energy procurement
A dedicated energy team in 5 steps
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2
3
4
5
Ongoing management and support
Contract and project management
Bespoke data analytics
Customer service & support
Going green?
Energy from renewable sources
Want to know more about what tariff options are available?
Fixed
What is it?
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Buying all of your energy at a set price for the duration of your contract term.
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What are the upsides?
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Contract Length - you set the contract length from 12 months to 5 years. Typically contracts are set for 2 years.
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Fixed Pricing - your unit rate (price per kWh) stays the same for the duration of the contract, the supplier takes on the risk.
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Budget Certainty - having a fixed price makes it much easier for your business to budget over the course of the year.
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What are the downsides?
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Wholesale Price Drop - while a fixed price protects you from any rise in energy prices, you will not benefit from the price of energy falling.
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Risk Premium - suppliers can add a variable charge, known as a risk premium, to fixed contracts that protect them from the risk.
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Pass Through Costs - charges beyond the wholesale price (network, environmental) can go up and if they are not fixed may increase over the course of your fixed contract. These costs can also be fixed at a premium.
Flexible
What is it?
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A contract that allows your business to buy smaller incremental chunks of energy over the contract term.
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What are the upsides?
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Market Trends - the energy market is in constant flux. However, by carefully analysing market trends, your business can benefit from lower prices through strategic purchasing, benefiting from cheaper rates.
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Hedging your energy - at different points throughout your contract term you can buy energy. Locking in certain prices based on market analysis means less exposure to price increases later on.
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Separate non-commodity cost - flexible contracts allow complete transparency on the wholesale cost of the commodity, giving you a much clearer picture of your costs.
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Risk appetite - based on the risk appetite of your business, you can take full control of your energy purchasing and potentially benefit well from strategic purchasing.
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What are the downsides?
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Understanding the market - experts are required in order to benefit from trends of the market. Energy consultants like us can help with this approach. With strong links to suppliers, and a tailored approach to each client, we analyse market trends daily to .
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Volume - typically suppliers require minimum 1GW of energy to lock in a flexible contract. This strategy also requires half hourly meters.
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Risk - even with a strong risk management strategy and experts analysing the market, you are open to more risk than a fixed term contract.