Energy procurement is the process in which a business looks for the most favourable energy contracts that enable them to meet their needs.
An energy procurement manager has in-depth knowledge of the industry and spends several hours studying the market on a daily basis to identify price trends and future availability of different types of energy.
Their role also consists of locating vendors, negotiating prices with suppliers, preparing and managing tenders, maintaining customer relationships and managing records.
Monitoring and reporting
Our team continually monitor and report on excess capacity, reactive power charges, kWh fluctuations, VAT issues and mid-contract changes to legislation on behalf of our clients.
On top of this, we produce a Market Intelligence report, monthly insight into all the energy market trends, whilst our bespoke portal, EM-Powered, is another invaluable tool.
This has an in-built early warning system which allows us to protect customers from breaching their contracted and excess capacity levels, thus avoiding financial penalties.
Change of tenancy/expansion
By changing premises or increasing the energy supply to your existing site, due to business growth, can often be complicated and require a large amount of paperwork.
Energy Management deals with all aspects of the network in an efficient manner in order to find out the timescale involved and the best solution for your business.
Here at Energy Management, we pride ourselves on our capability to manage situations in the best way possible for our client to ensure you are not caught out by a change in circumstances.
With over 200 years of combined expertise in the energy industry, our team is highly skilled at providing in-depth analysis of a company’s current and predicted energy usage, supply costs and existing or pending government energy efficiency “taxation” schemes.
Customers often pay over 5% more than they should for their energy through undiscovered errors on their energy bill. Our invoice checking system is very thorough and shines a light on errors, whether this is down to inaccurate meter readings, wrongly applied correction and volume factors or CCL and VAT charges.
We regularly publish articles and market news on the procuring of business energy and, as energy consultants, we offer our clients market-leading insights.