Energy Procurement

Our significant buying power ensures that our clients achieve the best possible market rates.

Our unrivalled experience in energy purchasing and depth of market intelligence means that we always ensure our clients secure the best possible energy rates available.

We provide energy procurement services to clients who are on both fixed and flexible energy contracts. On a daily basis, our traders are executing strategic trades on behalf of clients in accordance with robust purchasing strategies, which capitalise on favourable prices whilst avoiding market spikes. We closely monitor the trading platforms to ensure that our clients are achieving the absolute best price direct from the wholesale market.

Why Choose Us?

Regardless of which approach is adopted, The Utility Buyers will always discuss with the client a number of different risk/reward options including full pass-through, fixed non-commodity pricing, risk capping and hedging strategies.

The Utility Buyers work closely with all clients during the pre-tender stage to understand fully the flexibility and predictability of consumption to determine the best approach. This would take into account the strategy and the client’s risk profile.

Our energy procurement services are tailor-made to the requirements of each client and we can offer expertise in the following areas:

Bespoke Energy Purchasing Strategies

Budget Protection

Fixed Contracts

Flexible Contracts

Market Intelligence

Contract Tendering and Negotiation

Contract Optimisation

Legislation

The Procurement Process

Proposal Development
  • Scoping Meeting
  • Review Site Lists
  • Data Analysis
  • Tender Preparation
  • Finalise Evaluation Criteria
  • Finalise Tender Specification
Market Engagement
  • Issue Tender
  • Obtain Proposals
  • Evaulate Bids
  • Prepare Client Summary Report
  • Supplier Shortlist
  • Final Negotiations
Contract Placement
  • Produce Client Recommendation Report
  • Contract Sign – Supplier Appointment
  • Supplier Registrations
  • Provide Feedback to all Suppliers
Ongoing Support
  • Manage Registrations
  • Ongoing Market Monitoring
  • Energy Trading
  • Client Review Meetings
  • Manage New/Closed Sites

Fixed Contracts

Fixed energy contracts provide clients with budget stability as their energy rates are secured and fixed throughout the period of supply, irrespective of the fluctuating wholesale markets.

Our clients who enter fixed arrangements do not want any risks associated with energy costs passed on to them; their objective is simply to remove themselves from the risks of rising energy markets.

Budget Certainty

Our fixed price products allow clients to lock out their gas and electricity requirements from the market for up to five years protecting them from volatile wholesale markets and stabilising their energy budget.

Our procurement team constantly review the energy markets and their drivers to ensure that clients secure the best possible rates for the gas and electricity contracts.

Even clients that are on flexible contracts can have a high degree of budget certainty through fixing their non-commodity charges to minimise their exposure to these rising costs.

Timing is Everything

Market timing is crucial to ensure that we get you the best rates possible for your energy. Our procurement team are dedicated to observing the fluctuations of the wholesale markets, so you can trust us to get you the best deal.

In addition to market intelligence, we always conduct preliminary market tests for our clients as this enables us to react almost instantaneously to any favourable market conditions, without the normal lead time for a fixed tender.

Clients should be aware that there are some components of a fixed price contract that can be subject to change such as transportation costs. Please contact one of our procurement team members for further information on how these could affect your business.

Flexible Contracts

The Utility Buyers provide brokerage services to a large number of clients who are on flexible energy contracts.

On a daily basis, our traders are executing strategic trades on behalf of our clients in accordance with robust purchasing strategies, which capitalise on favourable prices whilst avoiding market spikes. We closely monitor the trading platforms to ensure that our clients are achieving the absolute best price direct from the wholesale market.

Our robust purchasing strategies mean that you can trust us to recommend when and how much energy to purchase, capitalising on favourable prices whilst avoiding market spikes.

Flexible procurement offers the ability to purchase energy in smaller tranches throughout a contractual framework with a supplier.

When managed in accordance with a strict risk management strategy, flexible procurement can offer great value to clients. We can embed a series of price triggers into the strategy to ensure that favourable conditions are capitalised upon whilst market ‘spikes’ are avoided thereby protecting our clients budget.

Regardless of which approach is adopted, The Utility Buyers always discuss with clients a number of different risk/reward options including full pass-through, fixed non-commodity pricing, risk capping and hedging strategies.

The Utility Buyers work closely with clients during the pre-tender stage to understand fully the flexibility and predictability of consumption to determine the best approach for them. This would always take into account the strategy and the client’s risk profile.

Our flexible procurement solution provides transparent, “open book” access to the electricity wholesale market for clients. The role of The Utility Buyers is to facilitate this access by making available its services, systems, people and market intelligence in an independent and transparent manner.

We will adopt a 10 stage approach to managing clients energy procurement requirements as summarised below.

Transparent

Everything we do will be visible and fully transparent.

Independent

We are not aligned to any suppliers, all our advice is 100% independent.

Personal

We will approach the management of the contract in a personal way to ensure we fully understand your objectives and can forge strong long-term relationships with your staff.

Tailored

We understand that all clients have their own needs and we tailor each service to meet those requirements.

Integrated

We ideally become an outsourced department within an organisation, working in harmony with your own staff to the same end goal.

Ownership

We take ownership of issues so that we can autonomously resolve these without using up your own valuable resources.

Communication

We feel that you can never have too much communication and this is one of our main strengths.

Passion

We have a passion for energy procurement and the challenge it poses to clients.

Remuneration

We can be remunerated via the energy suppliers so there is no cost outlay.

Long Term

We forge long-term relationships with our clients and this allows us to make much better strategic decisions.

Our experienced account managers are here to advise you on how you can capitalise with a flexible energy contract.

We want you to make an informed decision, so contact The Utility Buyers to discuss your energy contract options in more detail to see if this is the best route for your business.

Risk Management

Does my business need a risk strategy?

The introduction of a risk management strategy can ensure that your business is protected from being exposed to rising energy markets. The fundamental principle of our risk management policy is to control your business’ energy costs, irrespective of market conditions.

Take control of your energy spend

The Utility Buyers provide clients with various energy procurement strategies, which are designed to meet the client’s needs and risk appetite. These can vary from low-risk budget defence to a higher risk approach which allows more speculation. We implement risk management strategies to ensure that your business is protected from being exposed to volatile energy markets.

“A successful Risk Management Strategy provides a structured approach to identifying, assessing, managing and mitigating risk”