Power broking – Energy purchasing strategies explored

Posted on 8 Feb 2011 by The Manufacturer

Understanding the free market for buying energy can make a big contribution to a company’s bottom line. But simply knowing when to trade energy is only the tip of the iceberg for a successful energy purchasing strategy. Tim Brown investigates the complexities to overcome when devising a competitive energy contract.

The increasing cost of electricity and gas is of considerable concern for UK manufacturers who, as high volume consumers, are particularly susceptible to the market’s volatility. While all businesses have a range of outgoings to manage, it is important to remember that for most established companies the single biggest cost after manpower is energy. For…

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