• Inenco has 25TW (£2.4bn) energy under management, which could power the whole of Ireland for an entire year!
  • We have one quarter of the total energy use by UK Industry under management
  • Our customers are paying 48% less than the market price for their gas commodity. That's a saving of £480k per £1m that would have been spent
  • Our experts process over 93,000 invoices per month and we've recovered over £11m in over-charges for our clients in the last year
  • Inenco look after 8,000 customers across the group, managing 140,000+ meter sites
  • We provide support to over 500 businesses for energy and carbon management
  • Inenco supported over 320 organisations with ESOS Phase 1 compliance and carried out more energy surveys than any other independent consultant in the UK
  • Our solutions team have identified savings of £37.5m per annum for our clients, a total of 495,338,992 kWh savings identified
  • Last year we saved our CCA clients alone £25.5m

Creating Options for an NHS Trust

Client Name: An NHS Trust
Keen to maximise on cost-efficiency and explore new procurement strategies as they evolved, the client decided to explore risk-managed energy procurement options for their electricity and gas supplies

The Challenge

Keen to maximise on cost-efficiency and explore new procurement strategies as they evolved, the client decided to explore risk-managed energy procurement options for their electricity and gas supplies. The Trust had previously purchased energy through fixed price contracts, placed during the renewal window. They were aware that this meant they were not always getting the best value for their organisation. They conducted extensive interviews with brokers before selecting Inenco to provide them with the energy solution they needed. The decision was based on Inenco’s impressive track record and a reassuringly strong presence within the industry.

Our Approach

1
Low-risk approach

The Trust wanted to move away from fixed-price contracts but wished to stay firmly in control of their energy budget. They opted to take a low-risk approach to their energy buying.

2
Options portfolio

Through the Options portfolio strategy, Inenco were able to provide them with a mix of procurement strategies which would provide a high degree of budget certainty, whilst also unlocking significant savings potential.

3
The right mix

Inenco gave them the “best of both worlds” approach to energy buying that they were seeking by utilising a carefully balanced formula of both our capped forward buying strategy and our trend strategy.

4
Cost certainty

With their energy procurement split between the capped and trend strategies, the Trust found that their cost certainty was maintained in the long term, but that they were also able to benefit from advantageous changes in the market as they occurred.

 

The Results

By utilising a mix of procurement strategies, Inenco were able to achieve savings with a total value of £67,335 with a total saving of over £140k against the original cap.

Inenco’s reporting and forecasting services allow them to remain in control of their energy budget and plan more effectively for their future projects.

£67,335 SAVINGS

“We have seen considerable commodity savings through using a mix of Options strategies, and with an improved ability to forecast costs, our partnership with Inenco is invaluable. The team who manage our account are fantastic, second to none.”

Environmental Manager

Find out more

If you need support with your Procurement Strategy, call us today on: 08451 46 36 26 or email us: enquiries@inenco.com