Electricity Procurement2021-06-21T14:02:43+00:00

Commercial Electricity Procurement

As trusted utilities brokers and consultants, we understand the electricity market can be a complex and time-consuming process. Eneco’s electricity procurement team will guide you through the renewal process using our twenty-year experience in the field to procure the best contract possible for you. We will manage the electricity procurement process from start to finish and ensure you are 100% satisfied throughout your contract term and handle any queries which may arise. Business electricity procurement can have a huge impact on your business; the difference between a good deal and a bad deal can mean the difference between growth a cost-cutting.

Independent Company

We are not tied to any single electricity provider and we have relationships with a wide range of suppliers. This means we can find the best electricity price for you and we also have a lot of buying power which also means we can get better prices than other procurement companies. Not only do we help you get the best contract but we can help you do this time and time again when each term ends.

Our experienced account managers will provide detailed price comparisons and recommend the best contract tailored to your business. You are never put in a contract with Eneco, our customer retention is based solely on the brilliant customer service we provide to you.

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Electrcity Procurement Process

Obtain Supply Information for Tendering

Upon receiving your signed Letter of Authority and copy bills, we will approach your current supplier to obtain information such as contract end date, annual consumption, site address and we will process a termination request for all meters we are tendering.

Tender to All Eligible Suppliers

Eneco will produce a tender and request prices from all eligible suppliers. Eligibility depends on annual consumption, start date, payment terms and location of meter. We work with up to 15 different electricity suppliers to obtain competitive prices.

Analyse Supplier Offers

Our dedicated pricing analysts will ensure all quotes from suppliers are correct and provide the best possible quote depending on market movements. We will use our supplier contacts to ensure prices are competitive and produce a detailed pricing spreadsheet. We will also quantify the impact non-energy pass through charges are impacting your costs. Please be aware non-energy costs are increasing annually and now comprise over 60% of your electricity costs.

Provide Specialist Recommendations

Using Eneco’s twenty year experience and specialist knowledge, we will communicate with your business via e-mail or telephone to explain the quotes and advise on your best options.

Complete Contract Paperwork

Once you have decided on a chosen supplier, we will organise for contracts to be produced with 100% accuracy to then be signed by yourself on a day convenient to you.

Register Meters With New Supplier

Eneco will confirm lock in of your contract and send through countersigned contracts to keep for your records. When your meter is due to go live, we will confirm with the new supplier that the meter is with them and re-confirm the contract end date and the billing details. Eneco will handle any problems that may arise including objections.

Bill Validation

Once live with your new supplier, Eneco will check bills to confirm all rates are being honoured every month.

Dedicated Account Management

Eneco’s dedicated account managers will guide you through the whole process of your new contract to ensure complete satisfaction throughout your contract term and beyond. We are here to help you.

Electricity Procurement FAQs

What is the difference between half-hourly (HH) and non-half- hourly (NHH) meters?2020-06-26T10:18:48+00:00

Half hourly meters are used by large UK power users to better monitor your usage. If a full MPAN starts with (00) this is a HH meter. These meters are electronically read by the supplier every 30 minutes for more accurate billing.

Non-half hourly meters are for smaller consuming UK power users which are supplied on monthly or quarterly tariffs.

What is P272?2016-12-19T15:11:47+00:00

This is a Government mandated programme which aims t