Half hourly electricityRM1075 Start date: March 2015 End date: March 2019
Under this single supplier framework for half hourly and unmetered electricity, we aggregate your volume and manage trading on your behalf to deliver value for money. We offer a flexible short term contract through the framework, which supplies around 800 government and wider public sector customers who spend approximately £935m per annum.
In order to manage and reduce the associated risks when buying electricity for our customers, we develop legally compliant frameworks. These are created in line with the findings of the Pan Government Energy Project, which recommends that all public sector organisations adopt aggregated, flexible and risk-managed energy procurement.Get in touch
One of the biggest buyers of gas and electricity in the UK
We have in-house skilled market analysts, risk management specialists, and robust independent governance. Our knowledge and experience consistently saves customers time and money.
A transparent, not for profit charging structure
As civil servants we all share a common goal to minimise public sector spend and make savings. Service charges and costs of intermediaries can be hidden or unclear. This may allow them to inflate prices without you knowing, so you are unable to do a true price comparison. Our commission is low and transparent meaning we’ve got some of the most competitive supplier management fees around.
Great savings through aggregation
We trade your volume requirements by aggregating them with those of other customers, so you benefit from savings as a result of our bulk buying power.
Safe, compliant access
Our bulk buying power means that we can work to get the best possible deals for our customers whilst being OJEU compliant. This provides you with the assurance you need and drives best value through providing a fully open competition.
How to buy
What is most important to you?
Price certainty - My organisation requires a fixed price for the delivery year
Short term locked
The short term locked product procurement strategy is to buy energy in the 6 months before the start of delivery. This gives you greater price certainty and will help you to set and manage your budgets ahead of the delivery year.
Price optimising - I am looking achieve the best current market price and am willing to accept less budget certainty to achieve that
Short term variable
Our short term variable procurement strategy gives you the ability to optimise your price as buying begins 6 months before delivery and continues throughout the delivery year.
Price stability - I am willing to commit my volume for a longer period to protect my budgets and potentially minimise variability year on year
Long term variable
Our long term variable procurement strategy gives you potential access to lower market prices closer to the delivery start date. Managing your volume over a longer period of time also allows our traders to reduce your exposure to unfavourable market conditions.
For help and support buying electricity, get in touch and mention ‘half hourly electricity’ in the comments box.