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Electricity Price Breakdown. Fix at premium or Pass Through. Procurement Options. Fixed. 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. Risk Managed Flexible.
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Electricity Price Breakdown Fix at premium or Pass Through
Procurement Options Fixed 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 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 Oct 2011 Renewal 24 month contract Secured 100% of electricity for 24 months at £55.150/MWh
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 Risk Management Account Manager Carbon Water Data Solutions
Your Account Manager Quarterly review meetings with Energy Risk Management Committee Risk Management Policy document Service schedule and Key Performance Indicators
Invoice Validation Electricity, Gas and Water Pre-payment Validation Post-payment Validation 6 Year Retrospective
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
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