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Utility Procurement and Purchasing

BIU takes a unique approach to utility procurement, focused on risk and outcome. The approach is structured around a hierarchy of energy savings, a technique we have developed over many years, which focuses on determining the theoretical absolute results for any given combination of supplies (be they for an individual set of customers' supplies or across customers' portfolios).

The hierarchy of savings can be most simply expressed as:

Hierarchy of Savings chart

  1. Negotiation - through our energy market knowledge and formulaic negotiation we can reduce energy suppliers contract margin to 1% or less.
  2. Energy Supplier Optimization - by selecting the optimum energy supplier based on accurate offer evaluation can reduce your overall energy costs by 3.5%.
  3. Timing & Duration - by actively working with you and the energy suppliers to optimise the price strike point and association contract duration (and volume).
  4. Efficiency - contract administration, validation and registration built upon a foundation of actively validated data integrated with the purchasing process maximises efficiency and minimise risk.

The areas of Negotiation and Timing & Duration are not bespoke to BIU. However, efficiency gains from integrating procurement with utility management bureau services and supplier optimisation are.

Because of the symbiotic relationship between an actively managed utility bureau and the utility procurement process, we do not recommend undertaking utility purchasing in isolation.

Benefits at a Glance

A highly focused process approach to utility procurement

Specialists with knowledge and experience in reducing costs

The ability to evaluate and select the best suppliers

A close working relationship between client and suppliers provides a cost effective process

A process built on a foundation of actively validated data integration

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