Our FlexTech Procurement Package

 

FlexTech delivers individually tailored risk managed solutions and collective purchasing for energy users who consume at least 3GWh of gas or electricity. This package offers a strong level of flexibility in accordance with the client’s appetite for risk and can be used to optimise cost or provide budget certainty.

 
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How the FlexTech package works

This package allows you to operate as part of a wider purchasing group while also adopting your own individual risk management strategy to give you the best of both worlds. This is an upgrade from our FlexCore package {link}, allowing you to choose from three trading strategies to best match your level of risk and potential reward.

It is important to choose the strategy that’s right for your business based on a balance of budget certainty and cost optimisation for your business.

We will set up the purchasing framework and provide details around your chosen trading strategy as well as providing an indicative cap price prior to the live data and will also give you guidance around an upper cost cap.

 

Tailoring options on this package

  • How far into the future you can buy your energy
  • Which trading strategy you deploy
  • When you wish to lock out remaining volume
  • How you manage non-commodity costs
    • Fix non-commodity – unlimited volume tolerance
    • Pass through non-commodity -/+ 20% annual volume tolerance
  • How much extra support you need

Choose FlexTech for

  •  Determining how much risk you want to take
  • Taking advantage of market volatility and trends
  • Being able to trade out your remaining costs at any point
  • Providing transparency on your market position
  • Finding savings opportunity in non-commodity costs

Things to be aware of

  •  Commodity savings can’t always be guaranteed
  • Achieving a price below the trading cap can’t be guaranteed
  • Budget certainty can never be guaranteed

Interested in finding out more about our FlexTech product? Apply today.

 
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