BiU Energy Risk Management and Procurement

If you’re spending in excess of £250,000 on your annual business energy bill, or you have multiple sites, our enhanced energy procurement service will help you save time and money.

Our energy risk managers 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.

The right risk strategy for you

Our energy traders understand the individual nuances of gas, electricity, renewables, and water, so treat the purchasing of these products very differently, as opposed to having a single approach.

Budget Certainty

If budget certainty is top of your wish-list, we can arrange a fixed energy supply contract for you.

Cost Saving Priority

If cost saving is your priority, we’ll take the flexible energy purchasing approach.

Bit of Both

We’ll make sure your purchasing strategy has a dash of a risk managed approach.

The cost of energy to run your business will most probably be one of your top three costs. By allowing BiU to manage this volatile cost, we will enable you to focus on your core business and remain at the forefront of your industry.

Risk Management Energy

Our risk management approach

We will agree a unique risk managed approach for you, allowing us to deliver to your exact requirements.

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.

Using a consultative approach, our risk managers will work to develop a bespoke energy purchasing strategy that is aligned with your expectations whether that’s cost-saving as a priority or building a 100% green portfolio for purchasing.

This could range from either a complex risk managed strategy for a flexible energy purchasing contract, to a much simpler annual tender exercise where a fixed energy supply contract is arranged. The level of contact is dictated by yourself, so we could either have daily conference calls or bi-annual face-to-face meetings, to enable us to deliver the procurement solution you require.

Our energy procurement solution is driven by our reliance on our award-winning utility management software, as well as the expertise of our staff. We keep you informed of current energy market price trends, changes in industry pass through charges as well as legislation. This will protect your business now and on the longer-term, by managing your costs and maintaining them within pre-agreed budgets.

Key Benefits of our Risk Management Service

Our reporting through BiU Vision 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, we can create a solution to address your needs and ensure you are always in control of your utility costs and budgets.

  • Experienced renewable PPA specialists and advocates helping you with your green footprint
  • Dedicated Strategic Account Manager
  • Direct access to your Energy Procurement Specialist
  • Fixed or variable energy price contracts available throughout the flexible contract term
  • Budget certainty through agreed strategy
  • Supply contract optimisation
  • 24-hour commodity market analysis
  • Bespoke reporting created in line with your individual requirements
  • Access to OJEU compliant Framework Agreements
Risk Management Energy

Where next...

Solutions

We have several solutions within our energy procurement department, from tailored risk management to consortium buying, with blended or full green options throughout.

Get in touch

Head of BiU Procurement

Get in touch with us on  01253 789816 or email our head of energy procurement, Yaseen, on procurementteam@biu.com

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