01228 267026

Unit I, Barons Way, Kingmoor Park, CA6 4SJ

©2018 by North Lakes Energy

ENERGY PROCUREMENT

Energy markets are extremely volatile, which makes finding the right procurement partner and solution for your business imperative.

North Lakes Energy offer a comprehensive and independent service, working in partnership with you to ensure that we find solutions that meet your Business needs.

There are currently three procurement approaches that we can provide;

 

Fixed Price Procurement

The traditional approach to energy procurement has been a fixed price, fixed duration contract.

The Fixed Price approach provides you with price stability and budget certainty for a defined period of time. A Fixed Price approach is usually chosen by customers that are risk averse and do not wish to be exposed to the volatilities of the Energy Markets.

This type of contract fixes the price of the energy in advance, creating absolute certainty over costs for the duration of the agreement.

Although giving price certainty, the Fixed Price approach does still have a number of risks, which need to be carefully managed. As the energy element can account for up to 75% of your contract price, when and how you make your energy purchasing decision is crucial.

North Lakes Energy can utilise detailed market intelligence to provide you with energy solutions that fit the specific your budget constraints and requirements.  

If you would like to find out more about our services and how we can help your business contact us now.

Flexible Price Procurement

Volatility in the energy markets has been at unprecedented levels and is set to continue for the foreseeable future.

With the energy element accounting for up to 75% of your contract price, and uncertainty over the other costs that make up the remainder of the bill, more and more customers are deciding that they do not want to fix out their entire energy purchasing requirement on one day.

Flexible Purchasing provides complete control of the timing and amount of energy purchased and can enable you to reduce the risk over a number of buying decisions throughout the duration of your contract.

There are a variety of Flexible Procurement solutions available dependent on your organisations spend, consumption profile and appetite for risk. These range from simple market trackers to fully flexible solutions.

If you would like to find out more about our services and how we can help your business contact us now.

Portfolio Managed Procurement

Some customers may be too small to be able to contract using a Flexible Procurement solution in their own right. To enable these customers to take advantage of the benefits of Flexible Procurement, North Lakes Energy are able to assemble groups of likeminded energy users whose combined volumes qualify for a fully flexible energy contract.

The North Lakes Energy approach ensures that no cross subsidisation occurs and provides access to a Flexible Procurement solution that would otherwise not be available.

If you would like to find out more about our services and how we can help your business contact us now.

CONTRACT MANAGEMENT AND ENERGY PLANNING

North Lakes Energy offer a range of supply contract management services that add value and improve the overall management of your electricity and gas supplies.

We take the complex administrative burden from your shoulders and look to save you money at the same time.

Our services cover every aspect of supply contract management, ensuring that you are never wasting energy and are always paying the lowest amount possible.

Bill Validation and Audits

Over 10% of all electricity and gas invoices issued to businesses contain mistakes.

This is the alarming statistic that has been derived from independent research into the utility sector and is the sole reason why you should ensure that your invoices are checked by an energy professional on an ongoing basis. North Lakes Energy employs experts that have worked in the Supply Industry and understand the complexities of energy supply that can often be the cause of billing errors and overcharging on electricity and gas invoices. With greater amounts of billing data being received from suppliers, it is becoming increasingly difficult for customers to effectively validate the accuracy of the bills received. This increased complexity means that overcharging is now common place.

As part of our service to you, we will handle all of the negotiations on your behalf until all overcharges are successfully recovered. You only pay us from the recovered overcharges. We can undertake analysis of the utility charges going back as far as statute allows, which is currently six years. This service will have no impact on your current arrangements, whatever your contractual situation with either suppliers or consultants. If you would like to find out more about our services and how we can help your business contact us now.

Availability Assessment

As part of our commitment to reducing your energy costs, an assessment of the availability of each of supply point is carried out at regular intervals. This service ensures that you don't pay for availability that you do not use. If you would like to find out more about our services and how we can help your business contact us now.

 

New Connections and Upgrades

North Lakes Energy have a range of services available for the project management and facilitation of utility network installations, concentrating primarily within the Industrial and Commercial Markets throughout the UK and have considerable knowledge and expertise in the renewable energy sector. We offer an end to end service for the design, implementation and connection of new utility network installations. We have close working relationships at each of the relevant District Network Operators and with their primary sub-contractors in order to ensure our service to you is second to none. We have forged operational partnerships with a select group of utility providers to ensure that we deliver your project on time and within budget. Our ethos is quality not quantity.

At North Lakes Energy, we have a deep knowledge of the Utility markets and through the dedication of our staff we aim to ensure that your project is delivered as smoothly as possible. By using our services you benefit from:

  • Improved confidence in scheduled delivery/connection dates

  • Reduced overheads

  • Lower connection costs

  • Fewer delays and reduced connection lead times

  • Improved bottom line results

If you would like to find out more about our services and how we can help your business contact us now.

 

Renewables and Local Generation

With concerns about Climate Change, Security of Supply and depleting natural resources now at the forefront of policy and regulation in the UK, the drive towards a Low Carbon Economy is now paramount. In order to achieve the UK's low carbon objectives, the successful deployment of Renewable Technology is imperative. With this in mind, North Lakes Energy, working in conjunction with our sister company, Solar Maintenance Services, are able to offer a comprehensive range of solutions to provide to provide our clients with the knowledge, resources and expertise required to implement a successful renewable energy project. 

We will provide you with expert support and advice from establishing the feasibility of a renewable generation project, through to supporting you in managing the financial rewards once it is in place and commissioned. Our Renewable Energy service will provide you with support and advice during the different stages of your project, namely

  1. Feasibility

The viability of any renewable generation project must be established by carrying out both a commercial and technical feasibility study. In order to do this we will fully evaluate the specifics of the location, connection to grid, generation type, capacity on the grid at your location and the potential funding available. Once it has been determined that the project is viable, we will assist you in building a business case and obtaining the relevant planning permissions. North Lakes Energy can provide you with assistance and support needed to ensure that the correct decisions are made in a timely manner.


  2. Project Construction and Commissioning

Once finances are in place and planning permission agreed, the construction of your project can begin. North Lakes Energy, through the services of our sister company, Solar Maintenance Services, will carry out the construction of the project and carry out the commissioning and registration of the installation.

  3. Power Purchase Agreement (PPA)

Once your equipment is commissioned, you will need a Power Purchasing Agreement (PPA) if you are planning to export energy. We will arrange for a competitive tender to be completed to ensure you receive market leading values for not only your exported energy, but also the associated certificates (ROCs, LECs and REGOs) and any embedded benefits available to you.

On a monthly basis, we will send you a Generation Report that enables you to invoice the purchaser of your power after we have validated the export statement. In addition, we will manage your OFGEM register entries for ROCs or FiTs, LECs and REGOs to maximise any benefits you receive as part of your PPA.

  4. Ongoing Maintenance and Support

Once installed we can provide a comprehensive O&M service for the life of your installation that provides you with peace of mind and ensures that you maximise returns from your installation/portfolio.If you would like to find out more about our services and how we can help your business contact us now.

If you would like to find out more about our services and how we can help your business contact us now.