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Energy Costs Managed
Energy Costs Managed

  • Smarter business energy procurement, built around your business

    Energy is a significant operating cost for many businesses. Choosing the right contract isn't simply about finding the lowest unit rate today. The right procurement strategy considers your energy consumption, contract requirements, market conditions and the way your business operates.


    At Energy Costs Managed, we help businesses across the UK take a more informed approach to business energy procurement. From sourcing electricity and gas contracts to monitoring wholesale energy prices and checking your bills, we help you manage your energy costs from procurement through to ongoing contract management.

    Looking for a better way to manage your business energy costs? Talk to our team today.

Supporting Businesses Across the UK

Helping businesses across the UK manage energy costs with straightforward advice, tailored procurement and ongoing support.

15+ years of energy experience

With over 15 years of experience in the energy industry, Chris brings extensive knowledge and practical insight to help businesses navigate the complexities of electricity and gas procurement. He works closely with businesses to understand their individual requirements and provide clear, straightforward advice on energy contracts, renewals and ongoing energy costs.

Clear advice with ongoing support

We provide clear, straightforward advice tailored to your business requirements. From comparing suppliers and reviewing contracts to managing renewals, we're here to support you throughout your energy journey.

What is business energy procurement?

Business energy procurement is the process of sourcing and selecting energy contracts for your company.

Rather than simply accepting the first renewal price offered by your existing supplier, effective procurement involves looking at your current contract, understanding your consumption, assessing available options and considering when and how you purchase your energy.


For some businesses, a straightforward fixed-price contract may provide the certainty they need. For others, a more flexible approach may be appropriate. The right strategy depends on your business.


At Energy Costs Managed, we take the time to understand your requirements before helping you assess your energy procurement options.

Business Electricity Procurement

Electricity can represent a significant proportion of a company's operating costs, particularly for businesses with high or continuous consumption.


We help you review your electricity requirements and compare available contract options based on your business needs.


Factors such as consumption, contract length, unit rates, standing charges, meter type and market conditions can all be relevant when choosing a business electricity contract.


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Business Gas Procurement

Gas remains an important energy source for many UK businesses, including those using it for heating, hot water, cooking or industrial processes.


We can help you review your current gas arrangements and source suitable business gas contract options.


We'll help you understand the available options and consider factors such as consumption, pricing, contract length and your future energy requirements.

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Energy Contract Renewals

When your business energy contract is approaching its renewal date, it’s important to review your options rather than simply accepting the renewal terms offered by your current supplier. 


We help businesses assess their existing contract, compare available options and consider current market conditions, giving you greater clarity and confidence when choosing your next energy contract.

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Multi Site Energy Procurement

For businesses operating multiple sites, managing several energy contracts can become complicated.


We can help simplify energy management by reviewing your portfolio, coordinating contract information and helping you maintain greater control over your energy contracts and costs.

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Our Business Energy Procurement Process

1. Review your current contract

We look at your existing electricity and gas contracts, rates, consumption and renewal dates.

2. Understand your requirements

We take the time to understand how your business uses energy and what you need from your next contract.

3. Review the market

We monitor wholesale energy prices and consider current market conditions when assessing your procurement options.

4. Source suitable contracts

We source available electricity and gas contracts based on your requirements.

5. Compare your options

We help you understand the differences between the available options, including pricing and contract terms.

6. Manage the renewal or switch

Once you've chosen how you'd like to proceed, we help manage the process through to your new contract.

Why does business energy procurement matter?

Energy prices can change, and the contract you choose can have a significant impact on your future operating costs.

Businesses also have different energy requirements. A small office with relatively predictable consumption has very different procurement considerations from a hotel, manufacturing business, leisure facility or company operating multiple sites.

A procurement strategy should therefore look beyond the headline unit rate.

Important considerations can include:

Contract length

The length of your energy contract can affect your price certainty and how much exposure your business has to future changes in the energy market. The right contract length will depend on your circumstances, energy requirements and procurement strategy.

Unit Rates & Standing Charges
When comparing energy contracts, it's important to consider more than the headline unit rate. Standing charges and other applicable costs can also affect the overall cost of your electricity or gas supply.

Consumption
Understanding how much energy your business uses, and when it uses it, can help inform your procurement strategy. Your consumption profile can also influence which contract options may be suitable.

Market Conditions
Wholesale electricity and gas prices can fluctuate according to market conditions. Monitoring the market can help businesses make more informed decisions about when to secure future energy prices.

Contract Terms
Price isn't the only consideration when choosing an energy contract. Contract length, renewal arrangements, termination conditions and other terms should be understood before entering into a new agreement.

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Wholesale energy price monitoring

Timing can be an important consideration when procuring business energy.


Wholesale electricity and gas prices fluctuate according to market conditions. Monitoring those movements can provide useful information when deciding whether and when to secure a future contract.


Our wholesale price monitoring service tracks the market to help businesses make more informed procurement decisions.

This means your energy procurement strategy isn't based solely on the price available on a single day. Instead, we look at the wider market and your business requirements when considering your options.

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Frequently Asked Questions

What is business energy procurement?

Business energy procurement is the process of reviewing your energy requirements and sourcing suitable electricity or gas contracts for your business. It can include comparing contract options, considering market conditions and managing the renewal process.

When should I start procuring a new business energy contract?

It's sensible to review your current contract well before its end date. This gives you time to understand your options and avoid making a rushed decision.

The exact timing will depend on your existing contract and circumstances.

Can you help with both electricity and gas?

Yes. Energy Costs Managed provides business electricity and gas contract sourcing.

Can you help with multiple business premises?

Yes. We support businesses with multiple sites and can help manage the procurement process across different locations.

Do you only help businesses switch suppliers?

Yes. We support both independent pubs and businesses operating multiple venues, helping simplify energy management across multiple sites.

Is a business energy broker the same as an energy consultant?

The terms can overlap, but the services offered by intermediaries can vary. Ofgem recommends that businesses establish exactly what an intermediary does, which suppliers they work with and how their fees or commission are charged before entering into an agreement.

Can you check my existing energy bills?

Yes. Our bill validation service reviews business energy bills for potential discrepancies and checks billing information against contract terms and consumption.

Can you guarantee the lowest energy price?

No responsible energy procurement service should promise that a particular price will always be the lowest available. Energy markets change and the appropriate contract depends on your business requirements and the options available at the time.

Our focus is on helping you make a well-informed procurement decision.


Take control of your business energy costs

The right energy contract can make a meaningful difference to your business costs, but effective procurement involves more than comparing one unit rate with another.


By understanding your consumption, reviewing your contract, monitoring the market and considering the wider terms of your energy supply, you can make more informed decisions about your future energy costs.

Talk to Energy Costs Managed about your business energy procurement requirements