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  • Inenco has 25TW (£2.4bn) energy under management, which could power the whole of Ireland for an entire year!
  • 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

Researching for a new energy procurement strategy

Client Name: A Large University
The University was looking to secure a better procurement and risk strategy for their energy use

The Challenge

The University accommodates 12,000 students in over 9 campus locations in the UK, being one of the top 10 Universities in the country. Inenco first managed the Universities energy procurement and associated risk managed trading strategy in 2008.

The University needed to further understand their energy objectives in order to create a fully scoped out strategy for their energy buying process, alongside their appetite for risk.

Our Approach

01
Strategy Scoping

An initial scoping strategy was conducted with the Universities key stakeholders.

02
Identify Objectives

Identifying the University's key objectives was one of the first steps to be taken alongside it's appetite for risk.

03
Strategy

Inenco proposed to take a strategy which operated under a virtual cap, to provide protection against upside risk, while also allowing for opportunities to improve their position within the market.

04
Assessment

The strategy is continually assessed every quarter and re-aligned if necessary in line with market conditions or business objectives.

The Results

In line with the strategy provided, Inenco has helped the University cumulatively save £650,435 within the last three years (October 2013 – September 2016). Continually reviewing the strategy every quarter and re-align depending upon changing market conditions and/or business objectives.

 

Discover More

To find out how we can help your business, call us today on: 08451 46 36 26 or email us: enquiries@inenco.com