• 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

Options from Inenco

A sophisticated blend of capped, fixed, trend and prompt strategies, so you can stay one step ahead when it comes to your business energy.

Options – The Smarter Energy Solution

Our Options Portfolio gives you access to flexible energy procurement. We’ll work with you to determine your attitude to risk management and spread your volume across up to four different purchasing strategies under our pre-agreed risk parameters, managed by our award-winning trading desk.

How can I benefit?

We aggregate the volume of a group of clients with similar profiles and trade the volume together as one portfolio, giving you the benefits of flexible purchasing access but with your own bespoke strategy and working within pre-agreed risk parameters.

Instead of watching the energy markets you can concentrate on the core priorities of your business, while our traders use their expertise to trade your energy and secure the best possible price.

Each strategy has its own level of risk and budget certainty, and you can shift volume out of one strategy and into another if you so wish, keeping you in total control of your energy

 

If you want access to a bespoke purchasing profile and a unique approach to risk management, request a call back with our experts today.

Our 2017 / 2018 Results

By utilising a mix of procurement strategies under the Options Portfolio, Inenco have been able to achieve savings of between £5-£10/MWh for many clients, whilst helping them to remain in control of their energy budget.

Early adopters (at least 18 months prior to contract start date) and those purchasing their wholesale energy on a 3 year contract or longer, have certainly gained an advantage.

In 2017, those customers were able to achieve an electricity price of £35.56/MWh and in 2018, £36.64/MWh.

 

The distribution curve above shows how likely it was to achieve a certain wholesale price for electricity to be delivered in an annual period between April 2016  and today.

The most likely and most common price range is highlighted by the blue line in the green shaded area, between £40-£45/MWh. This also would be the most likely price achieved in a fixed price contract. Meaning, Inenco’s Options clients have benefited from a £5-£10/MWh saving by purchasing in advance and buying for a lengthier period.

CASE STUDY

Creating Options for Liverpool Women’s NHS Trust

Liverpool Women’s NHS Trust wanted to move away from fixed-price contracts but wished to stay firmly in control of their energy budget. Inenco were able to provide Liverpool Women’s NHS Trust with a mix of procurement strategies which would provide a high degree of budget certainty, whilst also unlocking significant savings potential.

Liverpool Women’s NHS 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.

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

 
 

CASE STUDY

Focusing in on Flexible Purchasing for Harmon Technology Ltd

Harman Technology opted to take a low-risk approach to their energy buying. They chose the Options Portfolio strategy.

Inenco gave Harman Technology the “best of both worlds” approach to energy buying that they were seeking by utilising a carefully balanced formula of the Capped forward buying and Prompt Day Ahead procurement strategies.

Inenco were able to attain savings for Harman Technology with a total value of £49,647 for power and £84,556 for gas.

A total saving of over £134K against budget.

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

Why Choose Inenco?

Founded in 1968, Inenco are the UK’s most experienced utility consultancy with highly qualified experts in every sector. As an extension of your team, we work seamlessly to ensure that your energy procurement is suited exactly to your businesses requirements.

Working with a wide variety of UK businesses, we take the time to understand your business processes and identify new opportunities through innovative technologies and market movement. Our access to a full market view including weather forecasting, commodity markets and market influences, enables us to have a complete picture when informing our purchasing decisions.

Inenco has curated relationships with a wide range of UK suppliers over the years and this is what allows us to offer our clients preferential rates on their energy.