• 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

Flexible Procurement

Balance price optimisation with your appetite for risk

Price optimisation through flexibility

If you’d like to take advantage of the full flexibility of the wholesale electricity and gas markets, a customised flexible procurement strategy could offer you the level of risk, certainty and price opportunity you’re looking for.

Our award-winning energy trading team work with you to understand your goals then develop and implement a bespoke strategy to optimise your energy price and meet your business objectives. We’ll provide you with reports on our trading performance and cost forecasting, keeping you informed and in control.

Flexible energy purchasing best suits organisations consuming above 10GWh of power per annum and/or above 1 million therms of gas. However, smaller businesses can also benefit from flexible procurement by choosing an Options Portfolio product, which groups them together with other small businesses in one flexible buying contract.

 

Our flexible purchasing approach enables you to make multiple buying decisions, with full control over when you buy and how much energy you buy each time. We can monitor and manage your flexible purchasing decisions for you, using our knowledge of the market and of your business to secure you the optimum price for your energy.

The key advantage of flexible procurement is that you aren’t locked into a fixed contract, so you can take advantage of lower prices in bearish markets. However, you also run the risk of buying during a bullish market – but a price risk management strategy can help you to mitigate this risk.

“We agree the right strategy for your business, negotiate the best supply contract that enables this and minimise margins. Our Trading team then use their expertise to optimise price versus strategy.”

Stuart Lea - Head of Energy Trading
Why Choose Inenco

Inenco’s award-winning energy traders are the most experienced in the market and have a proven track record of outperforming the market on behalf of our clients. Our traders have access to a range of market intelligence sources, from commodity markets to long range weather forecasting, to give a complete view of market influences and inform our purchasing decisions.

Our award-winning procurement team work with you to understand your goals then develop and implement a bespoke strategy to optimise your energy price and meet your business objectives. You can hand over buying authority to one of our experts to manage on your behalf, taking the hassle out of the procurement process. Our long-standing relationships with suppliers allow us to negotiate better terms on your behalf and provide an unbiased recommendation to you, based upon our understanding of your requirements.

We’ll provide you with reports on our trading performance and cost forecasting, keeping you informed and in control at all times. All of the purchasing decisions we make for you will be in line with your pre-agreed budget and risk management strategy.

 
 
What information do we need to get started?
  • Your full site and meter site list
  • Your renewal dates
  • 12 months of half hourly consumption data
  • 12 months of invoices per meter site (or 12 months of consumption data)
  • Estimates of planned changes affecting future consumption
  • Any expected changes to consumption levels
  • Signed Letter of Authority (LOA)

Our Approach

1
Scoping

Our first step is to carry out a comprehensive risk management scoping session to capture your procurement priorities and identify the appropriate level of flexibility to meet your objectives

2
Planning

Our expert team take these objectives into account when creating your bespoke risk management strategy document

3
Implementation

Our award-winning energy traders then apply this strategy, making trading decisions across the full range of available commodity markets to optimise your price and keeping you updated throughout your contract duration

Other Procurement Services

Fixed Procurement image Fixed Procurement
Options Portfolio image Options Portfolio

Site links

Inenco Group Ltd, Registered Office: Ribble House, Ballam Road, Lytham, Lancashire, FY8 4TS. Registered Company Number: 02435678