EIC success at the Energy Awards 2019

The London Hilton on Park Lane played host to the Energy Awards 2019 last week on Thursday 21 November. EIC were nominated for two awards, Energy Buying Team of the Year and Energy Data Collection and Analysis: Software/Technology/Service.

Despite sterling competition, we’re delighted to have been crowned Energy Buying Team of the Year. The honour underlines our continued focus on best-practice risk management and flexible procurement trading. Managing energy risk related to flexible energy procurement has been a core part of our business for the last 20 years. In fact, we were one of the very first energy consultancies to support clients with flexible buying strategies and trading.

Commenting on our win, the Energy Awards judging panel said they were “impressed with the great examples of client savings and the logical approach to energy procurement. The quality assured approach to these processes with sound market advice has resulted in great customer feedback.”

A team effort

There are multiple teams working collaboratively to make the flexible procurement service a success. Our Market Intelligence team track and interpret the energy markets so our clients don’t have to. The insights they deliver ensure our energy traders are on hand to buy and sell energy, working in-line with our clients’ strategy and pre-agreed risk management policy framework.

All our clients are fully supported throughout the energy buying process with a dedicated Account Management team. One of the team was recognised earlier in the year as the TELCA Secret Star award winner. By fully managing the energy buying process, liaising with suppliers, creating savings and minimising risk we allow our clients to focus on what they do best – running their business.

Energy 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.

We can help you

Find out more about our flexible energy procurement services here or talk to us today on 01527 511 757 to see how we can help you.