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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
  • 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
  • Inenco are happy to report that we are Carbon Net Zero

Procurement

Helping you to manage the purchasing of anything related to business utilities

We work with you to understand your appetite to risk and your business objectives, making sure we have a complete understanding of your requirements to recommend the best purchasing strategy to meet them. From price optimisation through flexible purchasing – or a blended approach through our unique Options portfolio – we can find the best strategy for your individual needs.

“Inenco’s procurement team place thousands of contracts every year on behalf of our clients and our award-winning energy buying team have a proven track record of delivering significant financial benefit on behalf of our clients.”

Stuart Lea - Head of Procurement Services

Our Expertise

Our Procurement Specialists and Risk Managers are experts in timing supply contract extensions, negotiating contract terms and ensuring that your business gets the best possible deal. We look at your business energy portfolio and overall objectives and make recommendations on which services suit you best, including your sustainability objectives.

Once we have placed your supply contract and agreed the buying strategy, we will look to optimise price through our Trading team. We’ll also share market and position for total assurance around the performance of your strategy.

Meet the Experts - The energy behind Inenco

Meet the Experts

 
Flexible Purchasing (electricity and gas)

Flexible energy supply contracts are available to large energy users (typically spending over £1M) wishing to take advantage of the benefits that a flexible supply agreement combined with the right risk management strategy can bring. You will receive the benefit of strategic risk management in order to optimise the price you pay. Inenco’s award-winning Risk Management Team team will guide you through the tendering process to minimise contract costs, and create your energy risk management strategy.

Options Portfolio (electricity and gas)

Inenco’s Options portfolio approach is unique in the wholesale energy markets, offering a blended risk management strategy within a wider portfolio of clients. This allows mid-sized energy users (typically spending £500K to £3M) to take advantage of the benefits of flexible energy purchasing. With the guidance of our Procurement Specialists Options gives you control over the level of risk you wish to take, and allows you to apportion your volume across a number of strategies with differing risk levels, all with pre-agreed parameters and managed by our award-winning Trading Team desk.

 
 
Fixed Price Purchasing (electricity, gas and water)

There are diverse reasons why fixed-price procurement may be the best fit for your business, and Inenco have the solutions to help you get the most from your fixed-price contracts. Fixed-price contracts are the simplest approach to energy purchasing. Under a fixed contract you make a single transaction at the prevailing commodity price and this is the price you pay for the full contract duration. Inenco seek to optimise your price by recommending on the timing and duration of supply contract placement.

Supplier Management

We are independent of all suppliers, instead seeking to work with the suppliers that best match our client’s needs.

We work closely with suppliers to enhance and develop new product offerings, as well as minimising contracts costs.

We manage suppliers through SLA’s and KPI’s. These focus on the service that is delivered to our clients with an eye on continual improvement in terms of process and service. Our escalation process with suppliers enables to most effectively deal with any challenges that may arise.

“Inenco has provided market expertise and helped us to stabilise our – and our tenants’ – energy costs as far as possible in the volatile market conditions”

Purchasing Manager, housing21

Our Approach

01
Your requirements

We take time to understand your supply contracts requirements and advise the best options available to you.

02
Your strategy

Taking account of your business objectives we will recommend the optimal strategy available to you.

03
Trading

Our expert trading team will optimise the price that you pay.

04
Reporting Results

We will keep you updated on market movements, traded and position and benefits achieved.

 
The Ultimate Energy Buying Guide

Energy markets have become increasingly volatile and the cost of getting it wrong has dramatically increased, yet most organisations have not reviewed their strategy to ensure that it best combats these increased challenges.

If you have financial responsibility within an organisation, you will know better than anybody how important it is to minimise company overheads. Whilst there are several different ways to reduce the running costs of your business, ensuring you are spending as little as possible on your business utilities is a great way to save money.

Of course, there are a few small ways you can accumulate savings, but one of the best ways to reduce your bills is to review your energy buying process. Doing this can be quite an undertaking depending on the size of your company, but in the long run it can be worthwhile and make a huge difference to the outgoings of your business.