We’re an industrial & commercial energy consultancy specialising in risk-managed procurement solutions for high consuming businesses across the UK.
Energy buyers these days must contend with an ever-expanding remit. Whereas historically procurement at the best rates was the primary focus, now mandatory compliance obligations and carbon-offsetting must also be given careful consideration. The UK is increasingly reliant on imports to generate sufficient electricity to meet demand. Now more than ever, market timing can make all the difference to bottom-lines.
Through our flexible frameworks, ICD make it possible for mid-market customers to enjoy the sorts of prices being accessed by energy intensive users. Prices can be hedged, season by season, down the curve – optimising commodity rates and avoiding the pitfalls of taking pot-luck on a fixed price but then missing the cost-mitigation opportunities inherent in risk-managed contracts.
When markets are comparatively high, opting for fixed over a conservatively-managed flex can be the riskier option. Energy markets are cyclical and opting for fixed at the top of the market can be difficult to justify should the market fall significantly thereafter.
Remember, with the advent of more dynamic financial markets and smaller clip sizes, flex is now available to customers using more than 1 gigawatt hour.
We’ve repeatedly saved mid-market buyers six figure sums, season after season, by implementing a capped flexible strategy versus a “flat-line” fixed price.
ICD Energy Managers Limited, Q16, Quorum Business Park, Benton Lane, Newcastle Upon Tyne, NE12 8BX
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Briar Chemicals’ CEO explains ICD’s supporting role in an interview for Manufacturing Today magazine