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Energy Procurement
With constantly rising energy bills, the issue of effective business energy procurement has become critically important for all. The pressures on businesses will increase as costs will continue to rise sharply in the short term. The UK currently faces an energy gap as old power stations close, and demand for energy continues to increase. Renewable sources are not plugging this gap and are slow to come on stream. Add to this Carbon reduction targets and regulatory changes adding extra complications it’s no wonder that customers are feeling the frustration as they struggle to keep control of administration and costs.
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Business Electricity
We are a specialist in the business electricity procurement market. Our clients range from small to large businesses, blue chip companies and government organisations.We have a range of energy procurement solutions that match your exact purchasing requirements to best fit your organisation’s need.
To save you time, we will assess all of your business needs and site portfolio, making it simple for you to choose the most cost-efficient energy contract over the most advantageous period.
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Business Gas
Our highly focused approach to business gas procurement allows us to provide gas pricing benchmarks and to evaluate and select the best business gas suppliers, contract lengths and terms within one of the most volatile trading markets in the world.We will present you with a comprehensive comparative quote from a wide range of business gas suppliers for your exact business requirements, allowing you to quickly compare them with your current cost. Then we offer practical advice on the conditions of supply with each contract, and recommend the most suitable contract type and length.
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Fixed Contracts
Fixed energy contracts normally provide you with a fixed cost, over a set contract term. Typically the energy is purchased in advance for a set contract period. In a volatile market, a fixed contract provides your business with more control of your energy budget. More often than not, all of the associated charges that range from distribution to government taxes are inclusive within your unit rates.
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Flexible Contracts
Flexible energy contracts allow you to spread energy purchasing through the life of the contract. This means that as the market fluctuates, you can take advantage of lowering commodity prices.When choosing a flexible solution, organisations need to develop an effective buying and risk management strategy to remove a large proportion of the risk associated with a volatile and changing market. Without a dependable strategy, making purchases at the wrong time can prove very costly for organisations. We advise organisations not to tackle flexible energy contracts unassisted. As recommended by OFGEM, the majority of organisations partner with an energy specialist, such as My Utilities Broker, who can advise and develop the right strategy for a flexible approach.
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Automatic Meter Reading (AMR)
In December 2009, the United Kingdom’s Department of Energy and Climate Change announced its intention to have smart meters in all homes and businesses by 2020. Smart meters are the next generation of electricity meter. They will bring about the end of estimated utility bills and meter readings and provide accurate information on the amount of electricity and gas being used. Smart energy meters will empower customers to make choices on how much energy they use.
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Half Hour Electricity
Half Hourly electricity meters, or “00″ electricity meters, record total consumption every half an hour of the day and night so that your energy bills are accurate and you are only billed for what you use. You will find that when you receive a proposal for your Half Hourly supply it is only valid for a short period of time. This is because traditionally these types of meters are priced from a live commodities market. You will usually find that your prices will fluctuate on a daily basis, sometimes even being withdrawn, due to live price movements on the wholesale markets. Organising proposals for Half Hourly supplies requires consolidation and gathering of various pieces of data relating to the supply before even considering preparing tenders for the many suppliers that are available. Many organisations will partner with specialists such as My Utilities Broker in order to gather successful proposals due to the time saving benefit.
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Renewable Energy
Fossil fuels are non-renewable, that is, they draw on finite resources that will eventually dwindle, becoming too expensive or too environmentally damaging to retrieve. In contrast, the many types of renewable business energy resources such as wind and solar energy are constantly replenished and will never run out. Most renewable energy comes either directly or indirectly from Sunlight, Wind, Geothermal, Bio-Energy etc. These can be used directly for heating and lighting homes and other buildings, for generating electricity, and for hot water heating, solar cooling, and a variety of commercial and industrial uses.
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