• 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

Sweet energy procurement savings for a confectionery manufacturer

Client Name: Confectionery Manufacturer
See how we saved a large confectionery manufacturer over £145,000 on their energy procurement

The Challenge

The client required budget certainty, lowest price, and the ability to forecast long term but also to take advantage of fluctuating market prices with a fixed commodity for 12 months. This meant protection and flexibility to re-forecast volumes during the contracted agreement.

Our Approach

01
Establish strategy

Inenco took the time to understand the business’ requirements and built an energy strategy in line with global requirements to work towards

02
Procurement strategy

Inenco recommended a low-risk procurement strategy so that the client could stay in control of budgets and were able take advantage of fluctuating market conditions

03
Options Portfolio

A long term buying strategy as part of an aggregated buying strategy with the flexibility to change made considerable improvements to the client’s bottom line

04
Ongoing management

Pro-active procurement management, despite non-commodity charges increasing considerably, meant that long term reductions were secured reducing costs significantly

The Results

Inenco were proactive with procurement management, despite non commodity charges increasing significantly. Long term reductions were secured reducing costs significantly. As a result, the client achieved a net saving of £62k and over £145k total commodity savings on their most recent procurement deal.

Inenco also provided virtual caps, so the client was able to provide budgets until September 2020.

 

Find out more

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