The Energy Awards Shortlist Success

Category 1 – Energy Buying Team of the Year

We’re here to simplify the process of buying and managing energy. We match clients with the right contract for their business. The Energy Awards recognised our success in this field and have shortlisted EIC for Energy Buying Team of the Year for our flexible procurement offering.

Flexible Procurement

Our flexible purchasing solutions begin with a strategy development workshop with our clients. We conduct a detailed discussion of the client’s business objectives and appetite for risk, seeking to identify their key priorities for the contract. We also review their current situation and any upcoming projects that could affect their portfolio or consumption.

Public Sector Portfolio

Our Public Sector Portfolio is an OJEU compliant group flexible purchasing solution. It adds value by removing the administrative burden faced by public sector organisations when procuring contracts, and reduces the timeframes when securing their supply agreement. This has proven a real hit with universities, councils and NHS Trusts.

A team effort

There are multiple teams working collaboratively to make the flexible procurement service a success. Our clients are fully supported throughout the procurement process with a dedicated Account Management team. Traders work within the parameters of a client’s strategy making decisions based on insight from our Market Intelligence team.

Trading success

In just one week our flexible procurement traders locked in a massive £343,000 for our flexible procurement clients. In fact in a single month – March 2019 – savings topped £771,000. What’s more, calendar year savings have exceeded a staggering £2.1million for the period January – August.

Category 2 – Energy Data Collection and Analysis

Our shortlist for the Energy Data Collection and Analysis award focuses on our 360 Strategic Energy Review along with our Triad model and alerts.

360 Strategic Review

Our 360 Strategic Review is a powerful data tool created to unearth hidden savings potential for our clients. We take half-hourly data and analyse it on a site-by-site basis. We focus on where reductions in usage can be made and the associated cost savings. It looks at shifting consumption to avoid the peak Distribution Use of System (DUoS) charges, reducing consumption in the winter to mitigate Transmission Network Use of System (TNUoS) charges, and assessing usage against operational hours to identify out of hours wastage. On average we’ve identified savings of £130,639 per customer so far.

Triad model and alerts

National Grid identifies three Triads each year in order to calculate the Transmission Network Use of System (TNUoS) charges an organisation will incur. Such transmission costs can be reduced if demand is decreased when a Triad is expected. Our Triad model and alerts help clients plan their electricity usage around these dates in order to lower their energy bills.

Our model used from 1 November to the end of February,  identifies which days and what time periods on those days could be a Triad. We then inform our clients using our alert service whether they need to take action to reduce demand and avoid a Triad. We have issued an alert on all three Triad dates for the past 7 years. Last year we issued 24 alerts compared to suppliers who had similar results issuing on average 29 alerts. It’s vitally important for us to issue as few alerts as possible to avoid any unnecessary client interventions.

Awards Ceremony

Our teams work really hard every day to ensure our clients get the right solutions for their businesses. It’s great to have been recognised for our efforts. We’re looking forward to the awards ceremony which take place on Thursday 21 November at the London Hilton on Park Lane. We’ll keep you posted on our success.

 

Celebrating TELCA success

We’re delighted to announce that EIC’s Flexible Account Manager, Becky Knowles, scooped the award for Secret Star at The Energy Live Consultancy Awards (TELCAs) 2019 last night.

The ceremony held at the Institute of Engineering and Technology followed by an after party aboard the Silver Sturgeon, is an annual event celebrating the premier consultants and experts in the Energy Industry.

Secret Star nomination

Becky was nominated due to her exceptional customer service and excellent industry knowledge. As an integral part of the Flexible Account Team, Becky regularly goes above and beyond expectations for clients and colleagues. Her meticulous nature and proactivity has secured £000s of savings for customers which includes identifying savings of over £90,000 for one customer due to a billing error.

Well-deserved win

We’re all really proud of Becky’s achievement. John Palmer, Flexible Procurement Team Manager, commented, “this award is so well deserved. Becky is incredibly conscientious, with a strong focus on doing the best that she can for her customers. She provides training and support for her colleagues both within the team and in the wider business, making time to help colleagues despite her own heavy workload. I’m thrilled for Becky, she deserves this success.”

Incredible night

We spoke with Becky after her success who said, “Thanks to Energy Live News for hosting an incredible night! I still can’t believe I won the Secret Star award. It was amazing to be nominated, let alone win so I am overjoyed to have been picked by the judges! A special thanks to all my amazing clients, supply contacts and colleagues.”

Smart Procurement

EIC supports major energy users with Fixed, Flexible and Group procurement solutions. Working with EIC you will receive a dedicated support team to fully manage your utility supplier relationships and queries, change of tenancies and timely consumption data. Read more about our service here.

Celebrating a double nomination at the TELCAs

Tonight is the annual Energy Live Consultancy Awards (TELCAs), held at the Institute of Engineering and Technology. EIC are thrilled to be nominated for Consultancy of the Year and Secret Star award.

Consultancy of the Year

Being shortlisted for Consultancy of the Year is a real achievement and testament to the hard work of the EIC team. We continue to deliver market-leading Strategic Energy Solutions to our client base focusing on Intelligent Buildings, Smart Procurement and Trusted Compliance.

Our flexible procurement traders locked in savings for our clients of £1.6m in the first quarter of 2019 alone and we’re supporting our clients with delivery of ESOS phase 2 and the new Streamline Energy and Carbon Reporting SECR scheme. We’re also innovating and refining our IoT-enabled controls solution working with leading partners such as Intel. The day after the TELCAs we’re holding an Intelligent Buildings event with our partners Intel at their offices in Canary Wharf. If you would like more information on our Intelligent Buildings solution you can download our brochure here

Secret Star

Flexible Account Manager, Becky Knowles, is shortlisted for Secret Star due to her exceptional customer service and excellent industry knowledge. Becky is an integral part of the Flexible Account Team managing a wide range of larger clients. She regularly goes above and beyond expectations for clients and colleagues, proactively checking information that has secured £000s of savings for customers. This includes identifying savings of over £90,000 for one customer due to a billing error.

The client who supported Becky’s nomination commented, Becky provides key communication between myself, as the customer, and our supplier; who aren’t always the easiest to contact. That communication link has been critical, especially when changing suppliers or having issues, for example with invoices. She has gone above and beyond what I would expect a person in her role would do. She also provides me with a number of bespoke reports that have been very useful for my organisation. Any new reports she has gone through and explained the workings around them and is able to make any bespoke adjustments if needed.

We’re keeping our fingers crossed!

Our teams work really hard every day to ensure our clients get the right solutions for their businesses so it’s great to have been recognized for our efforts. We’re looking forward to the ceremony tonight, and would be delighted to win!  Follow our LinkedIn and Twitter pages to see the events as they unfold.

Best of luck to all our fellow nominees too!