LATEST MARKET UPDATE: Gas and Power prices are largely trading at parity with last week’s levels, despite some significant price swings at the front of the pricing curve. The bout of low pressure has seen reduced wind output, increasing demand for gas-fired power generation and stretching a European gas system which is struggling to attract global LNG. Winter prices have also been volatile with concerns over gas storage levels being partially offset by positive supply news surrounding the potential completion of the Nordstream 2 gas pipeline. Prices further out have been softer, as renewed coronavirus fears in the wake of the delta variant have weigh on global oil markets.
If you’re willing to team up with other businesses on energy procurement, then your combined bulk buying power could land you competitive rates for gas and electricity.
This is what basket procurement is: it lets you take advantage of economies of scale, opening up bespoke pricing and access to trading on the wholesale market. Like flexible procurement, you purchase energy at various points.
What’s different is that you combine buying power for different meters.
The best bit? We can manage the whole process for you, combining client volumes so that you can unlock the purchasing power of a larger client.
Utility Team have been working with Wembley Park to ensure overall cost savings, helping them to stabilise bills as well as ensure consistency of service.