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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

Delivering market-leading energy procurement

We work with you to understand your appetite for 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.

Our Expertise

With over 50 years of energy procurement experience and £2.4 billion of energy under our management; our expert team has a long track record of delivering positive outcomes for our clients based upon the following key factors:

  • Risk management scoping process – Picking the right strategy for your organisation, at the right time and contracting for the right length
  • Sustainability options – As an advocate for sustainability, we will help you understand your options and make you as green as possible for the right price
  • Selecting the right supplier – Minimising the chance of supplier service failings and the indirect costs this brings
  • Optimising price – Securing a great price based on the chosen trading strategy via our in-house expert Trading Team
  • On-going management – We continue to keep you updated with market trends, opportunities, price/position updates and strategy considerations
  • Supplier independence – We are independent of all suppliers, instead seeking to work with the suppliers that best match our client’s needs.
 
Flexible Purchasing - Electricity & Gas

This is a bespoke, transparent product offering that provides access to the wholesale market supported by the application
of a bespoke purchasing/risk management strategy. Inenco’s Risk Management Team utilise their extensive knowledge to find the most appropriate supplier and product to match your objectives with a proven track record of creating value through both the tender process and optimising the strategy.

This approach tends to be most relevant for larger / sophisticated energy buyers with a typical spend of over £2M.

Options Portfolio - Electricity & Gas

Our Options portfolios allow us to aggregate a number of clients to enable access to the benefits that buying on the wholesale market can bring. We find that this approach best suits mid-sized energy consumers, who want to take a more informed approach to energy procurement and are willing to accept a modest approach to risk but with the opportunity to achieve better outcome energy buying versus buying at a fixed price. With the guidance of our Procurement Specialists, Options Portfolio 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 different risk levels, all with pre-agreed parameters and managed by our Trading Team desk.

This approach is normally adopted by organisations with a typical spend of £500K to £3M.

 
 
Fixed Price Purchasing - Electricity, Gas & Water

There are diverse reasons why fixed-price procurement may be the best fit for your business, and Inenco has 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 seeks to optimise your price by recommending the timing and duration of supply contract placement.

In our experience this best suits small to mid-sized energy consumers with a typical spend of less that £500K

Delivering market leading energy procurement

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.

 

“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 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.