electricity price breakdown
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Electricity Price Breakdown
Fix at premium or
Pass Through
Procurement Options
• 100% of the energy is secured at a fixed price for the contract duration• Budget can be set for the contract duration • No potential to improve price if market moves downwards
Fixed
Risk Managed Flexible
• Energy is purchased in blocks up to point of delivery for each month
• EIC will set budget for contract duration (typically 2 to 3 years)• Potential to improve price as market moves downwards• Have the option to turn into a fixed contract if market moves
upwards.
University Case Study
Secured 100% of electricity for 24 months
at £55.150/MWh
24 month contract
Oct 2011 Renewal
University Case Study
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12Jul-1
2
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13Jul-1
3
Aug-13
Sep-13
£0
£50,000
£100,000
£150,000
£200,000
£250,000
saving £
EIC Client
University
Series4
Series5
Mon
thly
Cos
t
£874,176
Why EIC - Tailored Contract & Strategy
Contract sourcing
- Negotiated OJEU procedure- Forecasted volumes- Automated Meter Reading- EDI electronic billing- Green energy- Minimise trade restrictions- Supplier fees
Risk Management Strategy- Market reflective price balanced with price security- EIC develop a strategy to meet your requirements- EIC advise on strategy duration- We adapt the strategy to changing market conditions- Risk Management Policy document
Tailored Strategy
Tailored Strategy
Tailored Strategy
Tailored Strategy
Reporting
Monthly Management report-Volume: actual vs forecasted-Price: achieved vs forecasted vs budget-Price: achieved vs market average-Visibility of trades
Consumption Monitoring
Market Intelligence & Industry News
Your Account Manager
Account Manager
Risk Management
Data Solutions
CarbonWater
Your Account Manager
• Quarterly review meetings with Energy Risk Management Committee
• Risk Management Policy document
• Service schedule and Key Performance Indicators
Invoice Validation
Pre-payment Validation
Post-payment Validation
6 Year Retrospective
Electricity, Gas and Water
Carbon Management
• Carbon Reduction Commitment
• Climate Change Levy
• EU ETS
• On-Site Energy Audit
• Carbon Emissions Reporting
• Automated Meter Reader
• Self-Generation Cost Analysis
• Power Purchase Agreements Consultancy
Water Analysis
• In-house water team
• Desktop Analysis
• On-site Audit- Tariff - Efficiency
- Waste water audit- Leakages
Thank you for your time.
Any questions?
Thank you for your time.
Any questions?
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