Securing the right product at the right time and trusting that your contract is competitive can be complex and time consuming.
At Dukefield Energy, we aim to make it easy for you. We do the hard work in buying your energy so you can get on with running your business. We manage the entire tender process, from understanding what is important to you, to planning, preparing and managing the tender with suppliers. We then fully evaluate the tender responses and provide you with the top 3 options to choose from, with full details of prices and product spec.
With expert tracking of wholesale markets and a range of contract types from fixed and energy-only to flexible combined with proactive query resolution and account management, Dukefield Energy actively help customers optimise their energy position.
Procurement Options
Electricity, Gas and Water procurement. We provide the full procurement service from Tender to contracting.
Renewable Energy
All of our contract options give you the choice to take renewable energy which will help you in supporting the environment and reducing your carbon footprint. These are fully REGO ( Renewable Energy Guarantee of Origin) backed, helping to boost sustainability and corporate social responsibility objectives.
Fixed Price Contracts
Our fully fixed contracts provide you with budget certainty for your contract term. All energy and third party charges are included and fixed for the contract duration.
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A fixed price contract protects you from the volatile energy market and rising non energy costs. You have peace of mind that your Units rates won’t change throughout the contract term.
Energy Only (Pass Through)
An energy only contract is where the energy is fixed in price for the contract duration. The other non-commodity charges that make up an energy bill such as distribution, transmission environmental taxes and other operating charges get passed through to the customer at cost. This means no premiums are built into the charges by suppliers to cover price changes and risk in this area, which means you pay exactly what these charges are. Your bill will have all these charges itemised individually and they will vary throughout the contract term.
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This type of contract can benefit customers who can reduce their energy usage to take advantage of periods when some third-party costs are at a premium. (Load management) This applies to certain third-party costs such as DUoS – Distribution Use of System Charges and TNUoS – Transmission Use of System Charges, representing local and national electricity infrastructure charges respectively, as well as other third-party charges. It is worth noting however that there are planned changes in charging methodology. (Targeted charging review) will reduce the cost benefit of Load Management over the coming years.
Unmetered Supplies
Dukefield Energy are long term specialists in the complexities of UMS – Unmetered Supply contracts, working for Local Authorities for a number of years.
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We can assist with Inventory returns, maintaining up to date UMS Certificates and we have significant experience with (Pseudo) Half Hourly supplies, CMS software and liaison with the UMSO – Unmetered Supplies Operator. We are also experienced in Non-Energy UMS contracts, to optimise peak Black Zone - Distribution costs, for authorities that have the ability to load manage their Street Lighting portfolio.
Dukefield Energy use Public Contracts Regulations (PCR 2015) compliant frameworks.
Flexible Contracts
Fully Flexible Standalone Contracts
We can provide customers with their own Fully Flexible contract. These contracts allow the energy part of the contract to be bought in tranches throughout the term of the contract. Energy can be bought in months, quarters or seasons directly off the wholesale energy market. This means that the opportunity can be taken to buy energy at different times rather than all on one day to take advantage of fluctuations, (downturns) in the energy market.
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This being a much more complex product than a fixed price one Dukefield Energy can support customers with these products by fully risk managing the contract. We engage with our customers to understand their appetite for risk and agree with them purchasing parameters and strategy for the contract term. Generally, this will include an upper end budget that should not be exceeded. The aim of the risk management strategy will be to adhere to the strategy whilst optimising the opportunity to buy energy at lower market points. It is worth noting that most flexible contracts will incorporate pass through of non-energy charges. In some cases, there could be an option to fix these charges on an annual basis or for the contract duration helping to reduce budget risk.
Flexible Basket
Joining a flexible basket can be beneficial for customers wanting to take advantage of being able to have a fully flexible contract, whom on their own would not use enough energy to be able to buy directly from the wholesale market. In particular, this applies to customers using typically less than 8GWH per annum.
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For customers who would like to benefit from aggregated usages and economies of scale, by combining their purchasing with other similar organisations, we can provide a Flexible Basket. These are typically run from April or October each year, subject to sufficient numbers of participants and we can also provide short term bridging contracts to align with these dates if required. To participate, please send an email expression of interest to us and we will contact you to fully explain the process.
Risk Management
Dukefield Energy can fully manage flexible contracts, monitoring the market and purchasing energy in line with a Risk Managed strategy, which we will work through and agree prior to the beginning of the contract with our customers.
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By understanding our customers' budgetary requirements and attitude to risk we can ensure this strategy is executed in line with the customer’s needs. Our Risk Managed solution employs an Upper Cap for Budgetary Protection which will be set in line with the risk management strategy and plan at the start of the contract.
Should situations change for the customer we can review and change the strategy during the contract term.