Energy prices are renowned for being volatile and unpredictable so successfully
managing energy requires close monitoring of market prices and drivers. Our energy
specialists have complete market knowledge and industry understanding which allows
us to provide the right purchasing strategy for you and secure the best prices available
in the market. We understand that your requirements may be varied, so we have a
choice of energy procurement options available.
Our services include:
Fixed Procurement is ideal if you require long-term price certainty. It offers straight
forward pricing, securing fixed rates over a specified period of up to three years.
Benefits of Fixed Procurement
- Price protection - Contract prices are fixed for the contract duration.
- Budget certainty - Budgets can be predicted and therefore managed.
- Security - Provides protection from volatility in the energy market.
- Market Intelligence – Our energy specialists will make sure they identify the
best time to place your contract.
Flexible procurement allows more flexibility to energy purchasing, allowing you
to exploit when the energy price falls. Energy can be purchased in ‘portions’ over
a period of time, as opposed to purchasing all your energy requirements on one set
We offer two flexible procurement options. These options allow you to select a product
to balance your appetite for risk with budget certainty:
Purchase In Advance (PIA)
All energy requirements are purchased in advance of the contract year, providing
you budget certainty for the following 12 months.
Purchase Within Period (PWP)
A portion of the energy requirements are purchased in advance of a contract period,
and a portion may be left open to buy within the contract period. PWP has less budget
certainty than PIA, but provides greater market opportunities.
Benefits of Flexible Procurement:
- Best prices - There are opportunities to make purchases when energy prices fall.
- Risk reduced - Energy purchases are hedged over a long period of time and over
multiple purchases rather than on one specific day.
- Market Intelligence – Our energy specialists have full access to market trades
providing an accurate view of price movement ensuring informed purchasing decisions.
Our flexible procurement is overseen by a Governance Panel composed from representative
customers and independent industry experts. This ensures that all trades are accounted
for and are within the purchasing strategy agreed by the panel.
LASER is committed to the sustainable consumption of energy from secure sources
and we are have the ability to purchase green energy for customers should they wish
to do so. We were one of the first entrants into the green energy marketplace and
we have been able to procure economic green supplies despite market shortages.
To find out more about our Procurement services email email@example.com