Energy Procurement

Are you getting the right deal for your energy?

Your electricity and gas contracts can have a significant impact on your business costs.

If your contract is coming up for renewal, or you simply want to know whether you are getting a competitive deal, it makes sense to review your options before committing to another contract.

BSUK helps you understand your current position, compare available options and secure an electricity and gas arrangement that is appropriate for your business.

Because the cheapest headline rate isn’t always the cheapest deal.

What are you actually paying for your energy?

Energy procurement is about more than comparing unit rates.

Standing charges, contract terms, consumption patterns, network costs and other charges can all affect the overall cost of your energy.

We look at the bigger picture, including:

Your current electricity and gas contracts
Your rates and overall energy costs
How and when your business uses energy
Contract terms and renewal dates
Available procurement options
Current market conditions
Supplier pricing and competitiveness
Your future energy requirements

This gives you a clearer understanding of what you are paying, what your options are and whether your current arrangement remains right for your business.

A procurement approach that fits your business

There is no single procurement strategy that suits every business.

Some businesses want greater price certainty. Others may benefit from flexibility or a different approach to when and how energy is purchased.

Depending on your circumstances, we can consider options such as:

Fixed-price contracts
Providing greater budget certainty by agreeing prices for a defined period.

Flexible procurement
Allowing purchasing decisions to respond to market conditions where this is appropriate.

Market review and timing
Considering current market conditions and helping determine when and how to purchase.

Supplier tendering
Taking your requirements to the market and comparing competitive offers rather than simply accepting a renewal from your existing supplier.

The important thing is that the procurement strategy is based on your business, not a standard approach.

Look beyond the headline rate

A lower unit rate doesn’t automatically mean a lower overall energy cost.

We look at the complete commercial picture, including:

Unit rates
Standing charges
Contract structure and terms
Network and other non-energy charges
Consumption levels
Renewal dates
Your future energy requirements

The aim is to make sure you understand the overall cost and commercial terms before committing to your next contract.

Could your current energy deal be improved? Talk to our team.

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Make your next procurement decision with better information

A procurement decision is only as good as the information behind it.

Before considering your options, we look at your existing contracts, bills and consumption information to understand how your business actually uses energy.

That can highlight opportunities that may otherwise be missed – from contract terms and purchasing strategy to the way your energy costs are structured.

It also means you aren’t simply repeating the same procurement decision every time a contract comes up for renewal.

What happens after we review your position?

Once we understand your current situation, we can explain the options available and what they could mean for your business.

Where appropriate, this may involve:

Comparing the market
Assessing available supplier offers and procurement routes.

Reviewing contract options
Considering factors such as price certainty, flexibility, contract length and your future requirements.

Negotiating terms
Helping secure competitive pricing and appropriate commercial terms.

Supporting the switch
Once you have decided on the right option, we can support you through the contracting process.

You remain in control of the final decision. Our role is to give you the information, options and support to make it with confidence.

Procurement is only part of reducing energy costs

Getting a better energy contract can reduce what you pay for the energy you already use.

But there is another way to reduce energy costs – use less of it.

That is why energy procurement can work alongside our FREE Energy Efficiency Review, Energy Monitoring, Heating Controls and other energy-saving solutions.

The less energy your business needs to buy, the less it needs to spend.

Is it time to review your electricity and gas contract?

If your contract is approaching renewal, or you simply want to know whether your current arrangement remains competitive, BSUK can review your position and explain your options.

No obligation. No need to wait until the last minute.

Understand your options before you commit to your next energy contract.

Request an Electricity & Gas Procurement Review today.

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