The benefits of outsourcing energy procurement

Power-sharing in the energy industry can make a lot of sense.

Securing the right energy contract for a business can be a time-consuming process due to the complexities of the energy market; the large number of suppliers; and the variety of different terms available.

Those organisations who have the necessary in-house expertise and staff resources to pinpoint the right time and the right energy contract may decide to take care of this aspect of energy management themselves.

But not all energy or facilities managers have a team around them; some work in isolation, and they may be facing an ever-growing list of responsibilities, including the reduction of carbon dioxide emissions, waste management and sustainable development.

As the energy markets are fast-moving and often volatile, given the huge range of factors that affect prices, it is important to stay completely up-to-date with the current picture.

Whilst no-one could have foreseen that a giant cargo ship longer than four rugby pitches would have blocked off the world’s largest trade route for a week and thus prevent fuel supplies from getting to their intended destinations on time, a trained eye, with the right analysis tools to assist them, can spot energy price trends in advance.

Outsourcing energy procurementto a trusted and reputable energy consultancy can take the pressure away from businesses and ensure they are not paying over the odds for their gas and electricity, or signing up to unfavourable terms and conditions that may lead to penalty charges down the line.

With an ever-changing renewables landscape and related Third Party Charges (TPCs), compliance and legislation is another area of energy management that is increasingly taking up more of an energy manager’s time.

At Energy Management, we have been helping clients with their whole energy services portfolio for over two decades and support clients in a variety of different industries, in both the private and public sectors.

As the name implies, our Choice Energy Framework (CEF) offers more choice and a better deal for those public sector organisations that join. If you would like to know more about the CEF, you can speak to a member of our team on 01225 867722