Electricity Procurement | Fixed Term Contracts

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EnergyQuote still delivers the bulk of its electricity procurement solutions in the form of annual fixed price electricity contracts, priced up by the electricity suppliers utilising one of the thousands of tariff structures available in the market. This type of contract lends itself towards the running of e-sourcing events simply because it represents a suppliers view on risk – and the faster you can execute your annual (or 24 month or whatever contract length is offered) contract – the better will be your risk profile and hence your price. Realistically this means running a competitive tender and emerging with a purchasing result within about 6 hours.

Such contracts are attractive to companies that need a measure of cost predictability for budgetary purposes; as well as to those companies with many sites – for whom the alternative of constantly changing prices can cause significant billing and accounts payable problems. Such contracts are also attractive to suppliers as it creates an open book which helps them balance their physical positions against an annual financial position.

  Assistance in formulating, understanding and agreeing purchasing objectives.

  Assistance in interpreting pricing information and deciding when to conduct the e-sourcing event. (Timing to market is crucial to obtaining a competitive supply contract.)

  Access to up-to-the minute market pricing via our unique web-pricing tool.

  Preparation of site information for tender.

  A highly competitive trading event.

  Fast analysis of quotations to speed up acceptance – vital in today's volatile market when quotations are valid for only 24 hours or less.

  24/7 web access to allow you to view supplier bids, site information and consumption details.

  First-bill check and a smooth transition from one supplier to another where applicable.

  Expert advice, ongoing support and consultancy.

  The collation and co-ordination of disparate information about large volumes of sites, many of which may have administrative problems.

  A database of sites with uniform content that all suppliers will readily accept, process and use to generate competitive prices.

  A skilled and knowledgeable team backed up by the sophisticated technology needed to monitor and manage a large portfolio's energy requirements.

  A seamless and well-managed process of site registration complete with accurate updates and progress reports.

  The ability to transact and evaluate tens of thousands of quotations in minutes.

  The achievement of price improvements of on average 7.16% over more traditional methods of negotiation.

  A dedicated Account Manager to ensure you get the results that you expect.

"EnergyQuote gets the right result without the hassle."
- Metallisation Industries