BuyEnergyOnline Business Energy Market

Buy Energy Online is an online energy market for business electricity supply and business gas supply. Business energy buyers are often unaware of up to 15% energy price savings available by conducting their transaction using a well designed tender process. Buyers can also secure up to 50% savings on electricity prices and gas prices by timing the market correctly. We provide a simple service to secure these savings, which involves an energy auction-based tender process and the energy risk management tools for timing the market.

Competitive auction approach

Our tender process uses an energy exchange based on an online reverse auction. This is facilitated by an energy broker, who then negotiates with the shortlisted suppliers to secure you the best available prices. The following
graph shows a typical price improvement path during the auction which closes at noon and the subsequent negotiation phase through the afternoon.

Drawing from years of energy procurement experience we have designed the process which is simple, controlled by the energy buyers and delivers the most competitive prices available in both the retail and wholesale energy
market. We also receive the best purchasing power benefits from a portfolio of clients spending over £100M.

Expert energy broker

Our service involves more than an automated process. An experienced, dedicated energy broker works with you to ensure that your transaction process is simple and transparent. The broker performs all the leg work, but
discusses all steps and issues with you to ensure that you retain control of the process and make all the
decisions.

Risk advice

Our service ensures that you receive all relevant market intelligence and information, along with recommendations to ensure you make the best decisions on risk, market timing and contract duration to minimise your energy costs. Click Price Watch Report to review our latest price watch report.

To appreciate the savings available from insightful risk advice, the following graph shows the extreme volatility experienced in energy markets, with gas and electricity prices doubling and halving year on year.

Full transaction services

We will also manage your switching process, contract terminations to avoid automatic renewals and we will help resolve billing, metering and contract issues should they arise.

Free service to you

All this is free to you. We receive a commission from the supplier, which comes out of their profit margin. We encourage you to request a renewal quote from your current supplier before we start the auction so we can
compare our results which typically deliver between 10-15% improvement for SME business or 2-5% improvement
for larger energy users.

Our clients

We currently provide a service to over 400 clients ranging from fish and chip shops to aerospace engineers and mining companies. Clients include Blockbusters, Cable and Wireless, H&M Hennes, Prada, Meggitt Aerospace, Sunlight Services, Warner Music, Henderson Global Investors, Old Mutual, Allianz, Sharp Manufacturing and Brintons Carpets.

Participating energy suppliers

All energy suppliers participate in our auctions, including EDF Energy, EON Energy, nPower, Scottish and
Southern Energy, British Gas, Scottish Power, Gazprom, Gaz de France, Total, Shell, International Power, British Energy, Corona Energy, SmartestEnergy, MA Energy and Haven Power.

                                       

What next?

You can request a free indicative quote by clicking Quote Estimate. Alternatively, you can register with us by
clicking Register if you would like to run an auction. Or you can call us on 020 8742 7080 to discuss your
requirements and our service in confidence.