Energy Procurement

There are many different types of energy contracts available within the market, and it's important for businesses to understand what's on offer before truly understanding the right contract for them.

That's why at SeeMore Energy, we get to understand your needs first, before tailoring the right solution based on a number of factors.

With energy spend widely recognised as one of the top expenses for any business, we believe that Energy Procurement needs to be treated as an essential finance decision and by partnering with a specialist like us, you can gain peace of mind very quickly.

Whilst the energy market consists of multiple suppliers, each offering different tariffs and products, it can be time consuming and difficult to navigate without the right guidance and support.

At SeeMore Energy, we specialise in explaining the market and aim to break it down into two simple methods, Fixed and Flexible Purchasing, both of which can be tailored to suit your specific requirements.

Fixed Energy Contracts

Fixing your energy contracts is like fixing your mortgage, car insurance, home insurance and many other everyday costs that could increase based on demand and circumstances outside of your control.

Fixed Energy Purchasing can offer a simple and efficient procurement strategy where comparative rates across the same durations are compared to identify the cheapest annual spend.

This can offer assurances around budgetary certainty and can also allow you to feel confident your energy needs are resolved in one transaction; meaning the calculator can go away for the duration of your fixed contract.

The only issue is it’s not always that simple and with multiple charges included within the make up of a fixed energy price, it’s essential to understand what charges are included within the fixed price and what might be excluded.

There is good news though, at SeeMore Energy, our trained experts research the market on a regular basis to understand how products differ, what suppliers fix what part of their tariffs and more importantly, which suppliers offer the type of contract you’re looking for.

Get in touch to speak with one of our team and understand more about whether a fixed contract is right for you and your business.

Download our 'Energy Cost Stack brochure' to understand how Fixed prices are made up.

Sign up for a FREE 1 Month Trial of our Energy Manager Platform

Flexible Energy Contracts

Flexible energy contracts are usually considered a more advanced approach to purchasing energy. Rather than ‘Fixing’ your costs for a specific duration with one single agreement, Flexible Contracts allow you to engage with multiple, smaller purchases direct from the wholesale market.

This could see you benefit from wider opportunities to monitor the market and purchase energy at optimum times throughout the year. This strategical approach is suited to customers who have a larger energy spend (often beginning at around £500k per annum), or for a consortium of businesses who collectively basket their consumption together to try and accumulate their volume to enhance overall purchasing power.

In negotiating your Flexible Energy Contract, your total volume is broken down into smaller segments of energy, often known as clips or tranches. These clips are then purchased individually and can be purchased monthly, quarterly or seasonally in advance of usage. Once the clips have been traded, you then have an agreed amount of energy to use within that month, quarter or season.

It’s important to note that not all suppliers offer Flexible Energy Contracts, and not all provide the tools which are required to monitor the market and maximise the benefits from more intelligent purchasing.

The key is to understand what suppliers offer what services and where the best fit might be for your business and individual energy needs.

and can ensure you are directed to the suppliers who are most equipped to provide the service and support you’re looking for.

To understand more about the benefits of Flexible purchasing, download our ‘Guide to Flex Purchasing’ here…

Get in touch to speak with one of our team and explore whether Flex purchasing is right for you.

Download our 'Guide to Flex Purchasing' here.