Electricity & Gas Procurement
We give you access to state of the art, bespoke contract solutions through account managers with all UK licenced suppliers. This, allied to an array of pricing matrices issued periodically by suppliers, ensures we have all pricing options covered. Be assured, we have our ear very firmly to the ground. If we spot an opportunity, you are the first to know.
Bespoke Tenders
We will prepare a national tender. This involves your supply being placed in front of all available suppliers and prices requested from all on a given day. A report is then compiled presenting these results in order that you receive a complete picture and can feel comfortable to move forward.
Due to the volumes of tenders we present to our clients we get a valuable incite into market fluctuations and this provides us with the opportunity to pass this feedback on to you. If we feel we have not achieved the best result we can advise that we reenter the market again at a later date.
This is backed up by our access to weekly market reports. These detail historic trends and give an impression of likely market direction, helping to keep you fully in the picture and to understand opportunities when they present themselves.
Market Variance
The dynamic nature of the energy market means there will always be opportunities for consumers to purchase energy when wholesale costs are more favourably placed. However, currently the way contract terms for fixed price products are negotiated means many businesses are unaware that these opportunities exist. A typical purchasing decision involves a snapshot judgement very close to the end of a fixed price term. In this sense, the majority of energy consumed by UK businesses is being bought under the lottery of prevailing market conditions at that time.
This situation is unlikely to change when this suits suppliers’ needs, despite being to the detriment of the consumer. To encourage the extra complexity of forecasting, buying decisions at certain times would involve significant extra investment on a supplier’s end with no extra return. Besides, with a large proportion of customers accepting a default or rollover rate at the end of their existing fixed price period this would actually reflect negatively on their revenue streams.
At Plexus, we are able to approach you and suggest opportune times to enter the market. If we spot a distinct advantage in terms of a long term trend we may well approach you and suggest you secure a position to minimise your risk well before the end of any fixed price agreement you might already have in place.
Pricing Anomalies
Most suppliers have a standard pricing system that they offer as a direct route to acquire new customers. Available for periods of time, sometimes up to months at a time, these are simply lists of prices for different areas and different tariffs. Not usually intended to represent the sharpest value, occasionally these become out of date and do actually represent good value. Therein lies an opportunity which we will always point out to you should it arise.