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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

Fixed Procurement

Giving you total price certainty for the duration of your energy contract

A solution to meet your energy objectives

There are diverse reasons why fixed price procurement may be the best fit for your business – perhaps you’re looking for price certainty, or you only want to make one procurement decision, for example – 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 buying, with just one purchasing decision required. Under a fixed contract, you make a single purchasing decision and this is the price you pay for the full contract duration.

Get absolute price certainty

Our fixed price offering allows you to take a position in the market and lock in a fixed price should prevailing prices be favourable, but we can also help you to take a strategic approach, waiting for the market to present an opportunity before making a transaction. Our award-winning energy buying team will watch the markets for you, focusing on fixing your price at an advantageous time and for the right duration,  allowing you to concentrate on managing your business.

Supplier selection can focus on supplier service capability and this may be of particular relevance for water.

Fixed-price contracts are open to all businesses, but typically they are best suited to smaller sized energy users, for whom energy does not make up a large proportion of their costs. They are ideal for those who require a high degree of price certainty.

 

“By selecting a fixed price contract, businesses can enjoy the peace of mind that their energy costs are locked in for the duration of the contract, giving total price certainty”

Stuart Lea, Head of Procurement Services
 
What information do we need to get started?
  • Your supply list
  • Your current supply contract
  • 12 months of half hourly consumption data per supply
  • 12 months of invoices per supply (or 12 months of consumption data)
  • Any estimates of planned changes affecting future consumption
  • Signed Letter of Authority (LOA)
  • If available, Your current trading positions.

Our Approach

01
Strategy

We will agree with you your requirements and the strategy we should adopt in terms of timing and duration of contracting

02
Approach suppliers

At the right time we negotiate with a range of appropriate suppliers who match and can deliver to your requirements

03
Analyse results

Our Procurement Specialists will analyse the results and report back with recommendations. This analysis will ensure that all offers are being compared on a like for like basis.

04
Place contracts

We can place your supply contracts with your preferred supplier, ensuring that offered terms are applied