WHOLESALE POWER UK | BUSINESS PROFILE
PROVING THAT KNOWLEDGE IS POWER
WHOLESALE POWER UK
www.wholesalepower.co.uk
marketplace,” says Richard Butcher, Chief Executive of Stobart Energy & Infrastructure division. “Over the past 13 years, its expertise and proactive approach have helped us to reduce costs, obtain refunds and simplify our administrative procedures.” As well as maintaining energy and carbon
records for a company’s entire portfolio, WPUK produces individual site reports to track the success of energy management initiatives. To date, WPUK have helped save Eddie
Stobart £2 million through flexible purchasing alone – not to mention a further £1 million since 2011 through energy surveys, surface water drainage initiatives and wind turbine feasibility studies and proposals. Today, Eddie Stobart is an industry super brand, and WPUK has supported it at every stage of its development.
Energy is an increasingly significant concern for British businesses. Not only is it a substantial and rising cost, but it’s also a complex legislative area that imposes carbon-management requirements. To remain competitive, businesses must manage energy costs – both in terms of spend and usage. As energy-procurement specialists, analysts
and engineers, Wholesale Power UK (WPUK) has helped larger businesses manage their energy use and save on costs for 25 years, with the introduction of wholesale flexible energy trading in 2006 expanding the range of services offered. WPUK’s traders spend time identifying opportunities and monitoring market drivers, such as tracking weather forecasts and anticipating geopolitical patterns, before purchasing energy. “Our trading teams and analysts are
monitoring the markets every minute of every day,” says Commercial Director Keith McNeilly. “This means we can draw upon a full year of opportunities to build up blocks of energy and give our clients the benefit of market dips and lows, and avoid peaks.” However, it’s not just the cost of procurement
that a business needs to worry about – there’s also improving energy efficiency. By managing
data on a business’s energy use, and conducting on-site audits, WPUK can determine current efficiency levels and suggest where savings can be made. Levies and pass-through charges have no
premiums attached and supplier fees are also minimised, because WPUK offers suppliers long-term business, with no sales or renewal costs. And, while businesses with larger energy spends will have a bespoke energy solution, all services are also accessible to smaller companies via portfolio management.
ENERGY SOLUTIONS When Eddie Stobart first engaged WPUK in 2001 it was a small but growing transport and logistics company with six UK sites. As the business expanded to include ambient and chilled warehousing, airport warehousing, dock facilities and biomass storage, WPUK sought procurement solutions to fit the requirements of an increasingly diverse portfolio. “With the volatility of costs in the energy
markets over the past few years, the services of Wholesale Power UK have proved invaluable in securing the best deals available in the
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COMBINED SAVINGS By combining procurement and efficiency savings, WPUK’s average wholesale portfolio prices have out-performed standard retail approaches by more than 15 per cent for the past eight years. “These are substantial savings,” says McNeilly, “especially for clients who are spending millions of pounds on energy. Energy is a big expenditure, and if you don’t apply a risk-management strategy, you risk being overly exposed when something sudden happens in the market.” Perhaps the biggest benefit is having someone manage the entire process, including the ever-changing landscape of carbon-management legislation. WPUK’s integrated energy solutions mean that British businesses such as Eddie Stobart can spend less time managing their energy requirements and more on building their core business.
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