Monday 19 September 2011

Energy procurement: how to manage the challenge of rising energy bills

The spiralling price of energy in recent years has turned from a headache into a full-blown migraine for many UK organisations across both the public and private sector. Indeed, with the expected increase to even higher prices, driven by the volatility of the global market, the health of an organisation's balance sheet – not to mention its ethical reputation – may well be determined by its expenditure on energy in the decade ahead. In short, the pain is set to continue.

The good news is that there are 'over the counter' purchasing solutions that an organisation can take to alleviate the discomfort. By adopting a creative energy procurement strategy, organisations can save a significant sum that may represent the difference between insolvency and survival.

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