Energy Procurement
Energy procurement made easy with Love Energy Savings; we secure the best energy deals through our trusted supplier network.
We manage market monitoring, supplier negotiation, and contract strategy to cut costs and align with your business goals.
- Exclusive rates from leading UK suppliers
- Fixed, green, and compliant contract options
- Free expert support tailored to your usage
Our Trusted Business Energy Suppliers
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Our experts are ready to help you with your energy procurement.
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If you are on a 03 or 04 meter, you can see an online price today.
What Is Business Energy Procurement?
Business energy procurement is finding the best energy solution for your business. A good plan will consider your price, sustainability goals, current energy supply and the future needs of your business.
We can help to reduce your energy bills without compromising on the amount of energy you need, through tailor-made plans to suit your business.
How Does Our Tendering Process Work?
When we submit you to a tender offer, the energy requirements your business needs will be presented to our panel of suppliers, who will compete to win your contract by offering their most competitive pricing. We do this by building an energy RFP for your business.
This will be based on your meter type or industry, indicating your average annual consumption value.
The prices can take between 1-4 business days to get, as we want to ensure each supplier has an opportunity to bid for your custom. Your pricing will be time-sensitive and can vary from supplier to supplier.
Business Energy Procurement FAQs
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What Is Business Energy Procurement?
Business energy procurement is when a business obtains and manages the energy it needs for operating. It involves getting electricity or gas from energy suppliers, negotiating contracts, and optimising energy use for cost savings and efficiency.
Think of your business as a high-performance car needing fuel to race. Business energy procurement is like selecting and managing the right fuel sources. It involves working with trusted fuel suppliers, agreeing on optimal deals, and tuning the engine (energy use). This is important for cost efficiency and peak performance, ensuring your business runs like a well-maintained machine.
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Do You Need A Business Energy Procurement Strategy?
Yes, having a strategy for business energy procurement is vital. It helps to secure cost-effective and reliable energy sources, optimise consumption, and navigate contract complexities. This contributes to both financial savings and operational efficiency for your business.
Creating a strategy for business energy procurement means smart planning to ensure your business gets energy efficiently and at the best cost. This includes choosing reliable sources, negotiating well with suppliers, and implementing practices to use energy wisely.
A solid strategy not only saves costs but also boosts the overall efficiency of your business operations, making energy management smoother and more sustainable.
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Do All Businesses Need Energy Procurement?
Yes. All businesses, regardless of the industry size, need to handle energy procurement. Whether it is electricity, gas, or other energy sources, all businesses need energy to function.
Being organised for energy procurement can help to manage costs, ensure a reliable energy supply, and allow you to run your business more smoothly.
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How To Put Together A Business Energy Procurement Strategy
To create a business energy procurement strategy:
- Understand your energy needs by looking at usage patterns.
- Look for trusted energy suppliers through research.
- Agree on favourable contract terms, looking at pricing and flexibility.
- Optimise energy usage with energy-efficient practices and technologies.
- Regularly review and adjust your strategy based on business needs and market changes.
- Consider getting in touch with our energy expert team for more guidance.