LATEST MARKET UPDATE: Gas and Power prices are largely trading at parity with last week’s levels, despite some significant price swings at the front of the pricing curve. The bout of low pressure has seen reduced wind output, increasing demand for gas-fired power generation and stretching a European gas system which is struggling to attract global LNG. Winter prices have also been volatile with concerns over gas storage levels being partially offset by positive supply news surrounding the potential completion of the Nordstream 2 gas pipeline. Prices further out have been softer, as renewed coronavirus fears in the wake of the delta variant have weigh on global oil markets.

Flexible Business Procurement

If you appreciate freedom and flexibility when it comes to business energy, you might appreciate flexible procurement. It lets you buy as much or as little energy as you want, as well as specifying whether you want renewable energy, for any given period, depending on your appetite. This means you can make wise energy purchases that match your business and energy strategy whenever the market is favourable.

This means you could potentially benefit from lower energy prices, compared with settling on a fixed price for the whole contract. You essentially spread risk by purchasing at various points across your contract.

There’s no ‘one size fits all’ approach to business energy. That’s why our energy specialists will work with your business to create a tailored purchasing strategy unique to your needs. This strategy will balance risk with reward and can be optimised during the contract to make sure that it reflects the ever-changing market conditions and demands for a greener economy.

Flexible-Business-Procurement-support-split

Benefits of flexible business procurement:

Lower energy prices –You have the freedom and flexibility to buy energy when the market has slumped and prices are low.

Spread risk – Purchasing energy over multiple points during the contract could prove more cost-effective than locking in a set price on a fixed contract.
Tailored purchasing strategy – Our energy experts will create a plan that matches the unique needs of your business, but you’ll still have full control over purchasing decisions.

The best energy deal – Benefit from Utility Team’s industry knowledge and close supplier relationships in securing the best energy deal for your business, as well as our ability to negotiate terms and conditions to get you a more auspicious contract i.e. deposits and volume tolerances.

Dedicated contact – You’ll be left in the safe hands of your dedicated Business Development Manager, who will be on hand to answer queries and will look after the relationship with suppliers.

Join buying consortiums – We’ll give you the option to be part of buying consortiums and have access to basket purchasing.

Our latest project

Shoezone

We were appointed to manage the Shoezone portfolio and provide the following services; bill validation, query management, dedicated support, portfolio management, new connections and advice on purchasing.