Working together-what-you-need-to-know-about-collective-energy-buying june-2015Deeply Digital
?
This document discusses the benefits of collective energy buying for businesses. Energy costs have risen significantly in recent years due to government policies and increases in wholesale energy prices. By combining the energy consumption of multiple businesses, they can gain increased purchasing power and access better rates and more flexible contract options usually only available to larger businesses. Collective purchasing means buying energy in smaller amounts over time from multiple suppliers to take advantage of price drops and reduce risk premiums. It must be managed by a specialist organization to continually monitor the volatile wholesale market and make purchasing decisions aligned with a risk management strategy. Collective buying schemes organized by energy brokers or trade associations can help businesses participate with less work.