Define the brief
Align sites, renewal dates, consumption, risk and operational priorities.
We gather the right supply data, approach the relevant suppliers on our panel and present options in a format your business can review. Price is important, but contract length, payment terms, supplier fit and operational requirements also matter.
Our service can include renewal planning, supplier liaison and ongoing account support. Commission arrangements are explained in our terms and can be discussed with your adviser.
Procurement process
Turn energy data into a documented decision.
Run a structured tender
Request relevant panel options and compare them on a consistent basis.
Document and implement
Explain trade-offs, record the decision and support contract setup.
Get a quote
Start your energy procurement enquiry.
We’ve selected the service for you. Answer a few focused questions and choose how you’d like an adviser to follow up.
Customer experience
Business energy support for LTS Global Solutions
Read how Energy Geeks helped with a change of tenancy, supplier options and ongoing account support.
Energy purchasing strategy
A practical business energy procurement process
Procurement brings the business's electricity and gas information, commercial priorities and supplier options into one documented decision process.
Define the requirement before approaching suppliers
The first step is to understand the sites, meters, annual consumption, current suppliers and contract dates involved. We also discuss expected changes such as new premises, equipment, electric vehicles or business growth that could affect future demand.
This creates a clearer brief for the procurement exercise. For a single small site it may be straightforward; a multi-site organisation may need consumption data aligned across different renewal dates before comparable options can be requested.
Choose an approach that fits the organisation
Fixed-price contracts can provide greater budget certainty for an agreed term. Flexible purchasing may allow energy to be bought in stages, but usually requires sufficient scale, governance and tolerance for market movement. Product names and the treatment of non-energy costs vary between suppliers.
We consider contract length, payment terms, supplier service, sustainability requirements and operational priorities alongside price. The aim is to make the trade-offs visible so decision-makers understand what is included and which assumptions could change.
Evaluate, document and implement the decision
Energy Geeks approaches relevant suppliers available through its panel and presents suitable responses in a consistent format. We do not describe the service as whole-of-market, and we explain the scope of the comparison and applicable commission arrangements before a contract is agreed.
After the business decides, we can support contract paperwork, supplier liaison and the handover into the new agreement. Where account management forms part of the service, contract records and renewal dates can then feed into the next procurement cycle.
Questions and answers
Energy procurement FAQs
How is Energy Geeks paid?
Payment arrangements can vary. Commission may be included in supplier pricing, and the applicable arrangement can be explained before a contract is agreed.
Is the lowest unit rate always the best contract?
Not necessarily. Standing charges, contract length, payment terms, supplier fit and operational requirements should also be reviewed.
What is business energy procurement?
It is the process of gathering supply data, defining commercial requirements, requesting suitable supplier options and assessing the resulting contract terms before a decision is made.
What is the difference between fixed and flexible energy procurement?
A fixed arrangement generally provides more price certainty for an agreed period, while flexible purchasing can allow energy to be bought in stages. Suitability depends on usage, scale, risk appetite and available products.
Can procurement cover multiple business locations?
Yes. A review can bring together contract dates, consumption and meter information across several sites so the business can consider a coordinated procurement approach.
What our customers say
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Great Service
“Great service from Dave and Max over the years. Feels good to have trust in their care.”
Richard B
28 March 2024
David been the very best in...
“David has been the very best in customer care. I highly recommend him ,as he has been so so helpful and has always called or emailed immediately when needed”
Caroline
11 March 2024
So glad to get my Electricity renewal...
“So glad to get my Electricity renewal sorted out by David at Energy Geeks with a superior rate to those quoted by others in the market. I felt comfortable speaking to him and he gave …”
Mr Hart
8 March 2024