Secure great gas and electricity contracts today!
Energy procurement is a vital process for any business. We want to ensure you receive the best energy procurement deals that work for you.
By sourcing great gas and electricity contracts with our panel of suppliers, we can help you reduce costs by negotiating and considering all your business requirements as part of your new contract.
Energy procurement is when a business sources a suitable energy deal as part of a process within the company. When finding a good deal a business needs to consider the goals it intends to fulfil, like sustainability, cost minimising, and any future requirements.
It is important to consider ways to reduce your bottom line without compromising, so choosing a bespoke energy plan to suit your needs is important.
Our Energy Procurement Process |
|---|
|
Step 1 - Tell us more about your business and we will source our best quotes for you. Step 2 - Once we have a list of energy prices, a member of our team will get in touch. Step 3 - When you settle on the best deal, we can cancel existing contracts and arrange everything for your business. |
Most businesses can benefit from energy procurement. High energy users (factories, data centres), companies with tight margins (restaurants, small shops), those with predictable energy use (offices), and those seeking price stability or sustainability goals benefit most. Even small offices can save, especially in deregulated markets. Essentially, smart energy buying is good for almost any business.
A business energy procurement strategy is a plan for how a company buys electricity and gas. It's about getting the best energy deals to save money and ensure a reliable supply. It involves understanding your energy needs, comparing suppliers, choosing the right contracts, and sometimes even focusing on renewable energy. It's a smart way to manage energy costs and risks.
Energy procurement is how businesses buy energy (electricity/gas). It involves analysing energy needs, researching suppliers and contract types, comparing offers, and choosing the best deal. Sometimes it includes strategies like buying energy in advance or focusing on renewable sources. Essentially, it's about smart energy shopping for businesses.
Energy procurement time varies. Simple renewals might take weeks, while complex strategies (new suppliers, custom contracts) can take months. Factors include market conditions, business needs, and supplier responsiveness. Plan to avoid rushed, potentially costly decisions.
We have a great panel of energy suppliers that offer energy procurement services:
There are many commercial energy procurement types available at SwitchWhiz, read on to learn more about the contracts you could secure and how they can benefit your business.
Fixed energy contracts can secure prices for up to 5 years and be reviewed within 12 months before the end of the contract.
You can expect regular fixed payments to make budgeting easier for your business. You don't have to worry about rising costs as suppliers absorb the long-term risks. This is a very straightforward way to manage your energy.
Flexible energy contracts allow you to switch pricing when the markets drop. This means you can take advantage of any savings when they come up.
By choosing a flexible contract, you can spread the risk of your energy over multiple purchase points, letting you take complete control of your energy purchasing. We can also provide help and support through our experienced industry professionals.
Passthrough energy contracts use fixed wholesale charges. Non-commodity charges are passed through at the current rate, resulting in a potential lower energy spending.
You can benefit from falling market prices, often lower priced than a fixed-price contract. It's a great option for businesses that can manage their energy usage patterns regularly.
Government departments and agencies can buy goods and services from the private sector through public procurement. Our dedicated team of industry specialists have years of experience in EU compliance. We also work with public sector bodies as a partnership and are experienced in managing OJEU-compliant tenders.
If your business uses a lot of energy or requires certain requirements, you may need to be entered into a tendering process. This is based on your meter or industry type as this will indicate your annual consumption value.
After we learn your average consumption value, we submit your energy consumption needs to our panel of suppliers, and they compete with each other to win your account.
Pricing will take between 1-4 working days to ensure each supplier has an equal chance to win your account. Once you have your pricing, which will be time-sensitive, you can choose the supplier that will serve your business needs the best.
To get the best energy contract, you will need to: