The University were looking for support with their energy services using a wide range of product services and strategies from Inenco. Their energy procurement was a big concern as they wanted to reduce overall energy costs starting from the initial cost of their energy.
Discussed the Universities aims and objectives for their energy procurement and decided upon internal costing targets
Alongside a bespoke flexible procurement strategy, Inenco also looked to validate their historic invoices to ensure that their billing is always correct
Continually supporting the University with their invoice validation and energy procurement to ensure to keep energy costs down
Price achieved for the University through forward hedging has resulted in significantly lower costs than the day ahead market for gas and power
The bespoke flexible procurement strategy meant that the price for energy achieved by the University through forward hedging has been significantly lower that the day ahead market for gas and power. Alongside this saving, the University was able to reduce and claim back some energy costs through our invoice validation service and continued to utilise this service to ensure that billing is correct.