Negotiating supply contracts
Procuring energy in the competitive marketplace is one of the
ways that you can minimise your spend
for a given volume. When inviting tenders, it helps if
you can provide an estimate of your requirements based on (for example)
your past utility invoices. For larger
electricity accounts, the information you provide to bidders
should also include half-hourly demand profiles.
Similar considerations are becoming more important for
larger gas users also.
Your procurement performance may be assisted by subscribing to
market intelligence services.
Elements of the utility management process
Top-level objectives