• 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

Timing a chilled and frozen food distributors energy just right

Client Name: A Chilled and Frozen Food Distributor
See how Inenco delivered a chilled and frozen food distributor savings on their energy procurement

The Challenge

As a previous client to Inenco, the client planned to renew their contract in the next six months however, our experts suggested to them that they should renew their contract early to avoid increasing market prices. Our experts knew they needed to judge when exactly to run the tender for their renewal within a limited window and needed to be able to act fast on behalf of the client to achieve the best results.

Our Approach

1
Insight

Our experts recommended to the client that they renewed their contract early as our trading team could see there was going to be an increase in market prices shortly before their renewal date

2
Eased the burden

Inenco obtained permission from the client via a Letter of Authority (LOA) to trade within set parameters in order to ease the burden of making a quick decision

3
Contracting

This allowed our experts to fix the price and secure a fixed price contract at an optimal time

4
Security

From this Inenco were able to secure a lower cost across time vs market which protected the client from future increases and obtained budget certainty

The Results

This process meant that the client secured a 2-year fixed price energy contract at a significantly lower market rate over the 2-year period. By choosing a 2-year contract over a 12-month contract, although they paid a little more initially, the savings made from avoiding another renewal 12 months later resulted in a total saving of £24,190 on their energy.

Inenco continues to support the client with their energy requirements and timing of their next renewal.

Find out more

If you need support with your compliance reporting call us today on  08451 46 36 26 or email enquiries@inenco.com