Corporate and procurement
Energy procurement for corporate and high-consumption buyers
For organisations spending heavily on energy, how and when you buy matters as much as who supplies you. Our specialist energy experts work with finance, procurement and energy teams on fixed contracts, flexible purchasing and pooled flexible baskets for large and multi-site portfolios.
Who this is for
- Finance directors who need budget certainty and a defensible buying decision
- Procurement teams running an energy tender
- Energy and facilities managers responsible for large or multi-site portfolios
- Industrial users with very high, steady consumption
Ways to buy
| Approach | How it works | Typically suits |
|---|---|---|
| Fixed | Price agreed for the term, sometimes with certain non-commodity costs passed through. | Organisations prioritising budget certainty |
| Flexible | Energy bought in tranches over time against the wholesale market, often months or seasons ahead. | Large, steady demand with capacity to manage risk |
| Flexible basket | Your volume is pooled with other customers and bought to an agreed risk strategy by the basket manager. | Large users wanting flexible buying without running it in-house |
| Pass-through | Commodity and non-commodity costs charged at cost plus agreed fees. | Buyers wanting full transparency of each cost element |
What a specialist review covers
- Your consumption profile from half-hourly data, and agreed capacity
- Risk appetite and budget targets, agreed with finance
- A purchasing strategy: fixed, flexible or basket, and the trading rules that go with it
- Treatment of non-commodity costs, which can be a large share of the total
- Contract terms: volume tolerance, site additions and removals, and exit
- Reporting across sites and meters
The tender process
- You sign a letter of authority so the energy expert can request your data and prices from suppliers
- Data is gathered: site list, MPANs and MPRNs, half-hourly data, current contracts
- A strategy is agreed and the market is approached
- Offers are compared on total cost and terms, with any broker fees shown
- You decide, and contracts are put in place ahead of your end dates
Prepare for sign-off
- Site list with addresses, meter numbers and end dates
- 12 months of half-hourly data where available
- Budget and risk parameters agreed internally
- Who signs: the authorised signatory and any approval thresholds
Questions
What is a flexible basket?
A flexible purchasing product where several customers’ volumes are pooled and bought in the wholesale market over time, to a risk strategy set by the basket manager. It gives access to flexible buying without each customer running its own trading.
Are broker fees shown on corporate contracts?
Yes. For contracts signed on or after 1 October 2024, suppliers must show any broker fees in the principal terms for all business customers, whatever their size.
Can you work to our procurement rules?
Tell us about any framework, tender format or approval process when you enquire, so the energy expert can work to it.
We introduce enquiries to an energy broker partner and may receive a fee. We're not a supplier and don't give whole-of-market advice. How we're paid
Your next energy contract deserves a closer look.
About two minutes. No obligation.