Bespoke Energy Purchasing For Your Business

 

Optimise your Energy Purchasing

Finding the optimum energy supply contract(s) for your organisation can be a complex, confusing, time-consuming and ultimately costly exercise if completed inefficiently. There are an almost unlimited amount of variations of contracts/pricing for organisations and finding the optimum therefore requires expertise.

We have decades of experience assisting organisations of all shapes and sizes to optimise their energy contracts.

Utilising an organisation which negotiates 3.9tWh (3,900,000,000kWh) of energy per annum across 28,000 sites and with access to all OFGEM approved UK energy suppliers, you can be sure you are in the right place to get the optimum energy contracts for your organisation.

Get in touch with us today and we'll talk you through your options, showing you how we will work to ensure your energy purchasing is optimised for you. We will provide you with a comprehensive view of the markets and the options available to optimise your costs.

CONTACT OUR ENERGY PURCHASING EXPERTS

We've got you covered

Let the experienced team at Optimise Energy guide you on your Energy purchasing.

We'll assess your needs and help you:

  • Optimise your energy supply costs
  • Improve sustainability of supply with reduced grid reliance
  • Reduce your Carbon Footprint and improve CSR

  • Energy Purchasing with Optimise Energy

Fixed vs Flexible Contracts

When considering the question of whether it’s best to enter into a fixed or a flexible energy purchasing contract there is no one right answer. 

The decision needs to be one made as part of your whole energy management strategy and taking into consideration many aspects relating to your business as well as to your energy use.

We’ve highlighted below some broadly accurate features of both fixed and flexible energy contracts.

Fixed vs Flexible

Fixed Pricing

  • Protection against price increases throughout the duration of the contract (providing you have entered into a fully-fixed, fully-inclusive contract) and conversely inability to benefit from lower prices if the wholesale market drops.
  • No necessity for continual contract management, you can essentially ‘fix and forget’ (providing someone is looking at when to next renew your contract)
  • When considering what length of contract to enter into, you'll need to make this decision based on many factors and forming part of your overall energy management strategy.

Flexible Pricing

  • Enables you to make multiple purchases throughout the life of the contract, potentially taking advantage of dips in the market as and when they happen. Of course, if there is a rapid and sustained rise in the market subsequent to entering the contract, any buying decision you make could potentially leave you worse off than if you had fixed initially.
  • Essentially removes the risk of ‘take or pay’ clauses from suppliers if you feel there is a potential that your energy usage will significantly increase/reduce throughout the duration of the contract (suppliers typically allow a tolerance of c+/- 20% although this does vary).

We're here to help you!

Our experienced team will guide you through the myriad of available options.

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Multi Site Energy Purchasing

If your organisation has multiple energy supply points, then this creates different challenges (opportunities) for your energy purchasing strategy. 

It may be that you’re better off putting all of your supplies together with the same supplier to benefit from consolidated billing, co-terminus end dates and potentially reduced unit rates and administrative burden.  It’s very likely though that you will still want a different supplier for your HH portfolio than you will for your NHH portfolio or your Gas portfolio.

Whilst there are obvious potential benefits to grouping all of your supplies (HH, NHH and Gas) with a sole supplier for each meter type, this may not be the best option for your organisation. The supplier who is the most competitive for one of your NHH supplies for a site in the North East for example, may be far from competitive for another NHH site in the South West. 

It may be financially more beneficial to either purchase energy individually for each site, or to group sites in a different manner, be that geographically or by meter usage.

Let us do the hard work for you

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optimise Energy Multi Site Energy Management

Smart Metering & Half Hourly Data

Contrary to what some people will have you believe, the installation of smart meters alone of course, will have no positive effect on your bills.  They were often sold on this premise in the early days (yes they’ve actually been around for quite some time) and amazingly still are by some.

Smart meters create half-hourly data which can be incredibly useful if analysed and turned into business information on which decisions affecting usage can be made. If the data isn’t looked at then it remains just this, data, not information!

There are many other ways in which this half Hourly Data can be used to your advantage

  • Enable your Supplier to provide you with a bespoke price for your energy supplies tailored to the times of day and year in which you use the most energy.
  • Identification of energy usage outside of business hours (generally due to people leaving things switched on which shouldn’t be)
  • Reveal high usage during peak times on processes which could be run when energy is cheaper.  

Thorough investigation as a result of analysis of half hourly data can even lead to shocking discoveries such as the fact you’re paying for the electricity usage of the nightclub next door! (yes we have seen this and many more interesting discoveries). 

Smart Meters help your business save money

Go SMART Today

If you don’t already have a smart meter installed at your premises, it’s only a matter of time until you will, whether you want one or not (which you really should). Government legislation (P272) is already in place for some meters and this will filter through to all meter profiles over the coming years.

This regulation applies to all commercial energy meters that are in profile classes 05-08 that have an advanced meter installed.  The changes are due to a modification to the Balancing and Settlement code called P272 meaning that all businesses with these profile class of meters will have their energy recorded half hourly and used in ‘settlement’.  The Balancing and Settlement Code, called P322, which helps businesses and suppliers move to half hourly ‘settlement’ has been modified to bring about this change.

We're the SMART Company with a focus on Green Technologies

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