A lot of activity takes place after you sign your
Read MoreProcure Smart’s experts have decades of experience in dealing with energy intensive businesses and sectors. Our client portfolio includes market leading global brands and complex manufacturers, who trust us to deliver long term value to their business.
We can help you create a future fit procurement strategy; considering term; product type; and EII funding, grants and rebates.
Use less, spend less. From renewable technology installation to monitoring and targeting, we can help you utilise cutting edge technology in your energy strategy.
Whether you have stringent carbon reduction targets or simply want to reduce your environmental impacts; we provide the plan and the products to help you reach your goal.
A contract allowing you to accurately project your future energy costs with fixed unit rates and standing charges. This contract offers lower flexibility but higher cost certainty, with great deals available for longer term contracts.
Work with a supplier to bulk procure your energy for a predetermined period of time, in advance. This is a riskier approach and will leave businesses exposed to market conditions. You must work with a market expert to ensure your strategy is sound on flexible tariffs.
A mix of fixed and flex, where the unit rates within your contract are fixed, but non-commodity elements such as Transmission Network Use of System (TNUoS) and Distribution Use of System (DUoS) are variable or “passed through” to your business. This will
A temporary, rolling “out of contract” rate your business will pay for energy if you do not have a contract agreed. Deemed rates are published by suppliers publicly and will usually be in place when you move into a new premises. These rates will be very high and you should not stay on them for any period of time.
Ofgem’s 2023 rollout of the Targeted Charging Review (TCR) resulted in major changes for large business energy consumers. Our dedicated website section explains the differences you may have seen in your bill, particularly your standing charge.
Check out our in-depth guides on four of the UK’s key energy intensive industry schemes below.
Scheme | Reason | Start/end dates | Qualifying criteria | Application process |
---|---|---|---|---|
Energy Intensive Industries (EII) | CfD, RO, FIT, CM discounts | Apr-24 | Various | Dept for Business and Trade |
Network Charging Compensation (NCC) | Transmission & Distribution costs | Apr-24 | EII certificate | Elexon |
UK ETS Compensation Scheme | Compensation to limit carbon allowance impact | Open | SIC Code list | Dept for Business and Trade |
Climate Change Agreements (CCAs) | Incentivise carbon reduction operations | Ended 31 March 25 | Qualifying sector code | The Environment Agency |
We hope these questions help, if you’re still unsure, please get in touch.
Large businesses can cut energy costs through tailored procurement strategies, flexible contracts or suitable products, energy efficiency measures and ongoing usage analysis.
Procure Smart can benchmark the market, negotiate directly with suppliers and identify savings opportunities across your portfolio to create a comprehensive energy strategy.
Yes. Procure Smart can leverage strong supplier relationships, group purchasing power and detailed consumption data to negotiate competitive large business energy contracts. This can deliver cost savings and contract terms that directly match your business needs and risk appetite.
We frequently beat direct prices offered by suppliers and in some cases help businesses access energy deals who have been locked out of the market.
Beyond procurement, we offer services such as bill validation, dispute management, energy efficiency advice, sustainability planning and compliance support.
This holistic approach helps large businesses control costs and meet long-term operational and ESG objectives in a world which places increasing pressure on energy intensive businesses.
Yes, we can source 100% renewable electricity, green gas and access Power Purchase Agreements (PPAs) tailored to your energy goals.
Our approach can drive your business towards net-zero without compromising on price.
We can guide you through schemes needed for your business, depending on its sector, size and consumption. We can arrange site visits and desktop studies on your set-up to both avoid penalties and access support.
Typically, large businesses should begin reviewing their contract position 12 to 24 months before its end date. This is earlier than smaller businesses and domestic energy because of the range of options available, the market analysis that should be conducted and the considerations for dovetailing contracts with other funding and support mechanisms.
There are a range of Energy Intensive Industry (EII) schemes which you can read full guides on via our website. They range from compensation for transmission costs to climate change agreements for your sector.
Our revenue is earned via a margin within your unit rate, agreed with your supplier, the same way price comparison sites earn their fees. This cost is included in all quotes presented to you and is paid to us via your supplier.
Our commission is usually itemised on quotes (depending on the contract type) and can be calculated using the guide in our terms and conditions.
Procure Smart always meets, and in some scenarios exceeds, Ofgem commission disclosure requirements as standard.
Procure Smart has access to various types of monitoring and targeting providers, depending on customer suitability.
We have developed our own switching and contracting platform, Switch Savvi.
We are also developing a customer logon portal within our CRM system. More news will be available on this soon.
Procure Smart is a founding member of the Energy Consultants Association, promoting best practice and a fairer non-domestic energy market for UK businesses.
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