Presentation on theme: "Electricity Price Breakdown Fix at premium or Pass Through."— Presentation transcript:
Electricity Price Breakdown Fix at premium or Pass Through
Procurement Options 100% of the energy is secured at a fixed price for the contract duration Budget can be set for the contract duration No potential to improve price if market moves downwards Fixed Risk Managed Flexible Risk Managed Flexible Risk Managed Flexible Risk Managed Flexible Energy is purchased in blocks up to point of delivery for each month EIC will set budget for contract duration (typically 2 to 3 years) Potential to improve price as market moves downwards Have the option to turn into a fixed contract if market moves upwards.
University Case Study Secured 100% of electricity for 24 months at £55.150/MWh 24 month contract Oct 2011 Renewal
University Case Study £874,176
Why EIC - Tailored Contract & Strategy Contract sourcing - Negotiated OJEU procedure - Forecasted volumes - Automated Meter Reading - EDI electronic billing - Green energy - Minimise trade restrictions - Supplier fees Risk Management Strategy - Market reflective price balanced with price security - EIC develop a strategy to meet your requirements - EIC advise on strategy duration - We adapt the strategy to changing market conditions - Risk Management Policy document
Reporting Monthly Management report -Volume: actual vs forecasted -Price: achieved vs forecasted vs budget -Price: achieved vs market average -Visibility of trades Consumption Monitoring Market Intelligence & Industry News
Your Account Manager Account Manager Account Manager Risk Management Data Solutions CarbonCarbon WaterWater
Your Account Manager Quarterly review meetings with Energy Risk Management Committee Risk Management Policy document Service schedule and Key Performance Indicators
Invoice Validation Pre-payment Validation Pre-payment Validation Pre-payment Validation Pre-payment Validation Post-payment Validation Post-payment Validation Post-payment Validation Post-payment Validation 6 Year Retrospective 6 Year Retrospective 6 Year Retrospective 6 Year Retrospective Electricity, Gas and Water
Carbon Management Carbon Reduction Commitment Climate Change Levy EU ETS On-Site Energy Audit Carbon Emissions Reporting Automated Meter Reader Self-Generation Cost Analysis Power Purchase Agreements Consultancy
Water Analysis In-house water team Desktop Analysis On-site Audit - Tariff - Efficiency -Waste water audit -Leakages
Thank you for your time. Any questions? Thank you for your time. Any questions?