Minimise costs with our Energy Procurement Services.
Minimise your energy costs with our range of business energy procurement services. We will help you identify and implement the right energy procurement strategy to support your business and sustainability objectives.
Who can benefit from our Energy Procurement Services?
Our Energy Procurement Services are ideal for businesses seeking to minimise their energy costs and advance their Net Zero pathway. If your organisation uses more than 1GWh of electricity or gas we can help you build and execute the right energy procurement strategy for your energy and business objectives. We offer fixed, flexible, and basket procurement and have an extensive supplier portfolio.
Fixed Energy Procurement.
Our fixed energy procurement service gives you a set unit rate, providing budget certainty and peace of mind. With this service, your business can avoid market price fluctuations and enjoy price stability. Using our proprietary eAuction platform, we invite up to 46* suppliers to bid for your contract. The competitive process will give you the best possible price, and the eAuction platform makes the tendering process transparent.
Flexible Energy Procurement.
Our flexible energy procurement service will help you minimise your energy costs by combining market intelligence and the expertise of our Risk and Trading team to help you take advantage of market volatility. We will work with you to create a bespoke flexible procurement strategy, factoring in your organisations energy objectives and risk appetite. Then, utilising real-time market trends and analytics, we will procure your energy in tranches so that you react quickly to dips in the market and minimise your energy costs across the length of your energy contract.
Basket Energy Procurement.
Our basket energy procurement service offers organisations with an annual energy consumption of between 1GWh and 10Gwh the opportunity to group with other organisations to maximise their buying power through economies of scale. By pooling their energy consumption, organisations can enjoy the commercial benefits of a flexible purchasing strategy whilst maintaining budget certainty via pre-agreed price caps. We offer two flexible procurement strategies, Purchase in Advance and Purchase within Period, giving you the choice of what works best for your organisation’s objectives and risk appetite.
Power Purchase Agreements.
Our Power Purchase Agreements (PPAs) service can help you generate revenue from onsite renewable assets through our Export PPA service. We offer three different types of Export PPA – fixed, flex, and spill. We also offer Corporate PPAs, where we secure long-term contracts, 10 to 15 years, between your organisation and a renewable electricity generator. This service can help you advance your Net Zero pathway and protect you against market volatility as your price is locked in for the duration of the contract.
Energy Procurement Sustainability Services.
Our Energy Procurement Sustainability Services can help you reduce your environmental footprint and meet sustainability targets. We offer both Renewable Certificate trading and Carbon Offsetting. Our Renewable Certificate trading service allows you to separate the purchase of renewable certificates from your energy supply contract and take advantage of the price arbitrage across different regions. Our Carbon Offsetting service allows you to invest in sustainable projects to offset your carbon footprint and advance along your Net Zero pathway.
Dynamic Purchasing Systems.
We support many public sector organisations, including local authorities and housing associations, with their energy procurement. This is all done through our Dynamic Purchasing System (DPS), which is sponsored by Gwynedd Council. The DPS has been built to streamline the procurement process for both public sector bodies and energy suppliers. The DPS has 18 fully UK licenced suppliers and all tenders are done through our eAuction platform to drive a transparent and competitive process.
Find out more about our Energy Procurement Services today.
An in-house team, dedicated to you.
At Equity Energies, every single energy procurement tender and contract is managed in-house. Our Pricing and Risk & Trading teams, work collaboratively to ensure that our clients get the right fit energy procurement strategy for their organisations energy management strategy. If you choose a Basket and Flexible strategy, our Risk & Trading team will work with you to proactively manage the strategy, ensuring you minimise your energy costs across the length of your contract.
Long standing supplier relationships.
Over the last twenty plus years, we have built long-standing, trusted relationships with a wide range of gas and power suppliers in the UK. These relationships mean we can access the full range of offers when we take your energy procurement tender to market. Our relationships also enable us to negotiate preferential terms and conditions for you when it comes to securing your contract.
The right strategy for your organisation’s goals.
We will work with you to develop and implement the right fit energy procurement strategy for your organisation. We will work with you to factor in your risk appetite, financial objectives, environmental goals, onsite generation plans, and future organisational growth goals. By taking this approach, we can build a bespoke energy procurement strategy for your organisation that minimises energy costs and supports growth.
All supported by an experienced client management team.
Developing and implementing your energy procurement strategy is only part of the service we offer. We have industry-leading Client Service and Bureau Teams that will support you with the management of your wider energy management strategy. The team combines industry expertise, proprietary technology such as our Unified Platform, and great supplier relationships to deliver an exceptional client service, tailored to your needs.
Why Equity Energies?
For over twenty years, we have helped organisations identify and implement the right energy procurement strategy to minimise energy costs. Our in-house team has a wealth of experience that can help you deploy the right energy procurement strategy to achieve your organisations energy and sustainability objectives. Whatever your organisation’s energy requirements, our range of fixed, flexible, and basket energy procurement solutions will help you minimise your energy costs and advance your Net Zero pathway.