Flexible purchasing options for large commercial energy users seeking progressive procurement solutions.



What is Flexible, Progressive Procurement? 

Flexible, Progressive Procurement refers to an innovative electricity purchasing method that offers procurement managers greater control over market price risks. This form of electricity contracting allows large corporates to choose when to purchase electricity, rather than accepting a single point of renewal under a standard fixed price/ fixed term agreement.

Progressive purchasing offers greater flexibility to purchase in quarterly blocks to take advantage of market price movements. While this form of purchasing has the potential to outperform other methods, it requires corporates to have a greater level of market understanding.

Energy Action offers our corporate customers an outsourced solution. Our expert advisory and energy trading staff offer quarterly market updates and firm recommendations on when and how much to purchase, in order to minimise purchase costs within each corporate client’s risk management preferences.




Flexible Procurement

 

 

WARNING: Don’t sign a progressive purchasing agreement without understanding its risks!

How does a progressive purchasing agreement work?
When is it ideal for large companies to progressively purchase electricity?
Is progressive procurement really for your company?
 
How can Energy Action help you with progressive procurement?

 

Our clients’ requirements differ between energy cost objectives, risk exposure policies and understanding of the electricity market.

Whether a structured procurement approach or fixed price contract is most suited, Energy Action’s service offering will guide you through the selection process. Our advisory is market leading. We use a combination of predictive modelling and applied technical analytics as well as market fundamentals to provide our client recommendations. We also offer transactional services and can purchase under instruction, on our client’s behalf. Our fee structure consists of a monthly retainer to avoid all conflict of interest. We do not add commissions or transactional fees to our progressive purchases nor do we receive payments from energy retailers to place a contract. Our transactional services are transferred to our clients at cost to ensure our incentive is to act in the interest of our customers.

For further advice on our procurement services and how your business can best manage purchasing electricity, gas or renewable energy certificates, please contact us.

Can Progressive Procurement be used as a part of a Net Zero Strategy?


We can develop a certificate purchasing strategy which includes voluntary certificate surrenders to achieve an organisation’s sustainability objectives. 

 

Accredited to give you financial advice.

Energy Action holds an Australian Financial Services (AFS) license, allowing us to provide you with advice on financial products. Not all energy consultants or advisors have such accreditation. However, our clients can rest assured that advice from our experts will be fair, honest and take into consideration their personal circumstances.  

To maintain our AFS license, our team must undergo extensive and ongoing training, thereby ensuring that we provide you with the best advice.