Businesses urged to check flexible energy scheme eligibility

04 May 2017

Orchard Energyvisit website

 

Utility management specialist Orchard Energy has called on businesses in the engineering industry to check their eligibility for a flexible energy purchasing contract that could save them thousands on their energy bills.

A flexible energy contract allows a business to spread energy purchasing decisions “throughout the life of a contract” and take advantage of market conditions, to maximise the potential for savings to be made. Flexible energy contracts often have a no take or pay clause, which means energy consumption can be reforecast, and businesses can avoid purchasing a higher volume than is necessarily required.

“Flexible offers always have an element of risk, although low and medium risk offers often have a fixed element to help provide some budget certainty," said Orchard Energy MD Amar Hussain. “Multiple purchases that are made as the market changes can provide a business with greater opportunities to achieve individual savings and spread the risk of a volatile market. If you’re unsure, it’s worth seeking advice from an energy specialist that can consult on the best contract for your business.”

 

 

 
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