Smart Buyer Service
Our ‘Smart Buyer’ service suite helps our customers to reduce energy costs and optimise their energy procurement strategy. This unique approach has been developed with flexibility in mind, enabling us to deliver a tailored service to meet your individual needs. Simply choose the options that best suit your requirements (we can help with this) and we’ll do the rest.
Combined with our proprietary ‘Smart Buyer’ energy-saving software, we’ll bring your energy procurement strategy into a whole new era, delivering reduced cost and increased control of your energy budgets.
What our clients think
We have been using Trident Utilities for energy procurement for 6 years. They advise on new contracts/purchasing in advance and market price lows and spikes to ensure we buy at the right time. In addition forecasting information is always available, quite often at short notice to enable accurate factory budgets and forecasting.Alyson Wiltshire - Finance Director - Mondi Packaging
Saved by Trident customers on energy costs over the last 3 years compared to the national average*
How 'Smart Buyer' works…
Our procurement experts will cover the following key areas as part of a comprehensive review of your existing Energy Procurement strategy. It is vital that each of these areas is considered in order to reduce cost as far as possible, and they form the basic modules of the ‘Smart Buyer’ system.
Energy costs can be split into two main groups; the cost of the commodity itself, and the cost of ‘running the grid’, including Electricity Market Reform costs. By modelling these costs to your consumption profile over the next three years, we provide a ‘non-commodity budget’, allowing us to better understand what price the commodity must be purchased at in order to meet your financial goals.
Many businesses are reducing energy costs and improving the security of their supply by working outside the traditional National Grid system. It is worth considering whether a small or medium-scale local energy producer can supply some or all of your energy, allowing you to avoid the increasing costs associated with grid-supplied energy. Alternatively, you may consider self-generation options over the longer term – these options form part of the Smart Buyer review.
Adopting the most appropriate purchasing strategy for your business helps you to manage risk appropriately. Alongside traditional ‘Fixed Price for a Fixed Term’ contracts, you may consider various Flexible Procurement strategies, including ‘Purchase in Advance’, ‘Purchase Within Period’, ‘Prompt Purchase’ and ‘Lock / Unlock’ options. Matching the right energy procurement strategy to your expectation of risk and reward is an important step in taking control of your energy budgets.
There are now markets presenting revenue opportunities to businesses who can manage their energy load by either reducing consumption at nominated times or by utilising on-site generation equipment to temporarily reduce dependency on grid electricity. In addition, self-generated electricity and gas can be exported to the grid and even waste materials can provide revenue from local energy generators who can use it as fuel. We will analyse these options to uncover and capitalise on revenue streams that can be netted off against your energy bills.
Many businesses are seeking to minimise their impact on the environment wherever possible. We will review your options for ‘buying green’ and make sure that you are aware of (and are able to mitigate if possible) any additional costs incurred by a green energy contract.
The Smart Buyer modular system enables you to take a fully rounded view of energy procurement and reduce energy costs with a 360° approach. It is therefore important to ensure that the tariff structure of your chosen contract allows you to maximise the advantages gained from this approach. We will structure your contract to compliment your usage profile, working patterns and energy efficiency approaches. Even the best price on the market won’t deliver optimal savings if the tariff structure does not compliment you needs.
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Talk to one of our consultants now!
We are specialists in all types of commercial energy. Speak to us today to see how our unique 360° service can benefit your business and individual needs reducing energy costs and optimise energy efficiency.