Energy Procurement

Energy Procurement

by Michael Doyle
We know that one size doesn’t fit all. That’s why we work with individual clients to ensure that our service is tailored specifically to their requirements, attitude to risk and, most importantly, their energy budget.

If you’re spending in excess of £250,000 on your annual business energy bill, or you have multiple sites, BIU’s energy procurement service will help you save time and money. Our energy procurement specialists will work with you to understand your bespoke needs by engaging with you at boardroom level. They’ll work with you to develop an energy purchasing strategy which will allow you to obtain the best gas, electricity and water prices available, as well as ensuring your wider objectives are being met at the same time.  If budget certainty is top of your wish-list, we can arrange a fixed energy supply contract for you. Or, if cost saving is your priority, we’ll take the flexible energy purchasing approach. And if you’re a bit of both, we’ll make sure your purchasing strategy is too, with a risk managed approach.

Our traders understand the individual nuances of gas, electricity and water, so treat the purchasing of these products very differently, as opposed to having a single approach. We will agree a unique risk managed approach for you, allowing BIU to deliver to your exact requirements. Additionally, we will manage the nominated supplier on your behalf so the third-party gas, electricity and water contracts are aligned and optimised to your individual needs.

Our reporting is created with the customer in mind so whether you require daily updates on the energy markets which encompass both fundamental as well as technical analysis, along with reporting on your individual mark-to-market position, or are more hands off and just want a weekly update on the general market dynamics, BIU can create a solution to address your needs and ensure you are always in control of your utility costs.