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Are you facing challenges when it comes to energy procurement? From budget constraints to procurement regulations, your organisation must navigate a complex landscape to secure the energy resources you need. In this blog post, we'll explore the benefits of a flexible procurement energy framework for your public sector body.
Posted on Apr 17, 2023
Public sector organisations face several unique challenges when it comes to energy procurement. From budget constraints to procurement regulations, your organisation must navigate a complex landscape to secure the energy resources it needs to power its operations. One way that you can address these challenges is by adopting a flexible energy procurement framework. In this blog post, we'll explore the benefits of a flexible procurement energy framework for your public sector body.
Firstly, it's important to understand what we mean by a flexible energy procurement framework. Simply put, this is a procurement approach that allows organisations to buy energy in a way that is tailored to their specific needs. Rather than being tied into long-term contracts with fixed pricing structures, organisations using a flexible procurement energy framework can adjust their buying strategy in response to market changes.
One of the key benefits is cost savings. At LASER, we monitor the energy market on your behalf and adjust the buying strategy accordingly, this means we can take advantage of price fluctuations to secure energy at the best possible rate. This is particularly important when often working with tight budgets and limited resources.
Another benefit is greater control over energy purchasing decisions. Rather than being locked into a fixed rate, organisations can choose to adjust their buying strategy as market conditions change.
In addition to cost savings and greater control over purchasing decisions, a flexible procurement energy framework can also help you to meet your sustainability goals. We work with a range of suppliers and monitor the energy market for you, allowing options to purchase energy from renewable sources when prices are favourable. This means that you can reduce your carbon footprint and demonstrate your commitment to sustainability.
Another benefit is increased transparency. By working with a range of suppliers and monitoring the energy market, we have great visibility into energy prices and can make informed purchasing decisions on your behalf. Transparent purchasing can also help you to build trust with stakeholders, as you can demonstrate that you are taking a proactive approach to managing your energy resources.
Finally, utilising a flexible energy procurement framework can also help to reduce risk. Monitoring the energy market and adjusting your buying strategy in response to changes, means we can mitigate the risk of price spikes. This is particularly important in times of economic uncertainty, when energy prices can be volatile and difficult to predict.
In conclusion, joining a flexible energy procurement framework offers several benefits for public sector organisations. By adopting this approach, you can save money, gain greater control over purchasing decisions, meet sustainability goals, increase transparency, and reduce risk.
If you would like to find out more, please contact us using the details below to speak to one of our team.