Business Energy Procurement

Business Energy Procurement Top Tips

1. Smart Energy Buying: To buy energy smartly, look at trends, negotiate well, and use energy efficiently.
2. Choose Clean Energy: Picking solar, wind and other clean sources is good for the environment and saves money.
3. Use Tech To Save Energy: Use smart tech to make decisions based on data, save energy, and cut costs.
4. Check How You Use Energy: Regularly check how you use energy to find areas to improve and use it better.
5. Reduce Risks: Plan if things go wrong and use different energy sources to manage risks.
6. Negotiate Good Deals: Know the market, buy in bulk, and negotiate well for better contract terms.

Businesses can succeed in the changing energy world by being smart, using clean energy, and making tech and data work for them. By staying informed, choosing clean options, and using data your company can navigate energy markets well, helping both business and the environment.

What Types Of Business Energy Procurement Do We Offer?

Fixed-Energy

Choose fixed energy for a set price and total certainty in your budget for up to 5 years. No surprises, stable payments, and less complexity.

Benefits:

• Easier budgeting with regular fixed payments.
• No worries about rising costs.
• Suppliers take on long-term risk.

Risks:

• Suppliers might increase costs to counter risk.
• No chance to benefit from price drops during the contract.

Passthrough Energy

With passthrough energy, wholesale charges are fixed, but other costs may change. This can be good if you can handle uncertainty and want potential savings.

Benefits:

• You benefit if prices fall.
• Often a lower price than fixed energy.
• Advantageous if costs decrease in the future.
• Great for managing usage patterns.

Risks:

• Uncertain if you’re on a tight budget.
• Other costs can go up and down.
• More complex than fixed energy.

Flexible Procurement

Flexible procurement allows you to adapt to the changing energy market. British Business Energy helps you navigate ups and downs, providing control and cost reduction.

Benefits:

• You could take advantage of market price changes.
• Spread the risk over multiple points.
• Full control over energy purchasing.
• Support from our team of experienced professionals.

Risks:

• Requires good knowledge of the energy market.
• Needs larger volumes for wholesale access.
• Some risk if not managed properly.

Public Procurement

Government departments buy goods and services from the private sector. British Business Energy helps with compliance, tenders, and sustainable energy initiatives.

How do we assist?

• We comply with EU/Public Sector rules.
• We set and understand energy objectives.
• We give market advice and competitive tendering.
• We are transparent with supplier management.
• Our specialist team have public sector experience and can provide support.

Do All Companies Need a Business Energy Procurement Plan?

Getting energy right for your business is important. Choosing the best way to buy energy helps control costs and keeps things running smoothly. Whether you go for fixed, passthrough, flexible procurement, or public sector options, each has its advantage.

Fixed gives you stability, passthrough can save money if prices drop, flexible lets you adapt to market changes, and public procurement ensures compliance and support. Picking what suits your business best means more control, better budgets, and a smoother operation.