Utility Procurement Health Check

Utilities spend can be a large part of a business’s budget. You may have arrangements in place and wish to ensure that you are getting the best deal.

Our Utility Benchmarking Service will identify whether your current utility supply arrangements are as competitive as they could be.

If the results show you are paying too much, we then offer a more in-depth review of your utility strategy, spend and processes via our 4-step Utility Procurement Review.

This cost-effective Utility Procurement Review will formally benchmark your commercial supply arrangements, raise internal awareness of your organisation’s utility expenditure and streamline processes to effectively manage and control your utility requirements.

Utility Markets

Utility markets are a challenging place.  Not only do businesses face the volatility and uncertainty of wholesale commodity market conditions, but also the increasing price risk surrounding additional third-party charges and government levies. We can assist you to understand these influencing factors and why timing critical when awarding Contracts.

Why should I choose FPA to support me with my Utility Spend?

We have over 20 years of experience in the procurement of electricity, natural gas and water. We are completely independent and specialise in providing proactive, reliable and professional support to companies.

Alongside our considerable experience and in-depth knowledge of the Utility Supply Markets, we manage a diverse supply portfolio with extensive volumes across several thousand sites which gives us considerable leverage when negotiating prices on behalf of our clients.

Our success is based on trusted long-term relationships with our clients who view us as an extension of their in house purchasing team.

What does a Utility Procurement Review include?

Adopting our 4-stage process we will:

• Establish the ‘as-is’ position from your invoices and contracts.
• Conduct a Gap Analysis to identify key areas requiring review.
• Carry out an in-depth analysis of areas identified, including a review of both historical and existing supply contract arrangements and their performance against market conditions.
• Produce a Management Report detailing findings and conclusions together with recommendations and opportunities for improvement.

For a no-obligation discussion with one of our utility consultants please get in touch.