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Services / 01

Procurement

Rank on true cost.Show the commission.

How a tender runs

Five steps, in the same order every time, whether the account is one meter or two hundred.

  1. Gather your data

    We hold a Level 1 Letter of Authority, which lets us collect your supply data and advise on it. It does not let us sign anything.

  2. Run the market

    We approach the market for electricity, gas and water across single sites and multi-site estates.

  3. Rank by true cost

    Every offer is ranked by true cost rather than headline rate, and our own remuneration is stated with it.

  4. Recommend in writing

    The cheapest verified offer is always shown. Where we recommend something other than the cheapest, we say why in writing.

  5. You sign

    You sign every contract yourself. We then hold the renewal date so nothing rolls onto out-of-contract rates.

The sequence is the same on a single meter and on a multi-site estate. Only the number of supply points changes.

What is fixed and what is not

Network charges are regulated pass-through and reset each April. We do not tell you a supplier has fixed them unless we hold that supplier’s written confirmation for that product.

Fixed by the contract

What a supplier can hold

  • The wholesale element of the unit rate, for the term of the product.
  • Standing charges, where the product states them.
  • Our margin on the final unit rate, where that is the agreed basis.

Pass-through

What resets each April

  • Regulated network charges, which are set outside the supplier.
  • Anything a supplier has not confirmed in writing as fixed for that product.
A rate is only comparable once you know which side of this line each element sits on.

How we are paid

  • Margin or management fee

    Either a margin on the final unit rate or a fixed management fee. Whichever applies is agreed in writing before you sign.

  • Nothing added afterwards

    The basis agreed at the outset is the basis that runs for the term of the contract.

  • Level 1 authority only

    We gather your data and advise on it. You sign every contract yourself.

How to check this

Each claim on this page is answered by something you can read for yourself. Nothing below states a figure; it names the document or register the claim is held against.

  • Point 01

    We hold a Level 1 Letter of Authority only

    The authority wording sets out what we may do with your data and states that we cannot sign a contract on your behalf. Read it before you sign it.

  • Point 02

    How we are paid is agreed in writing before you sign

    Our margin or management fee is stated in the terms that accompany a recommendation, and nothing is added afterwards.

  • Point 03

    Every figure we quote carries a dated source document

    Records state the figure, what it is measured against, the document it is taken from and the date on that document. Records still held anonymous are labelled as such.

  • Point 04

    We separate regulated charges from the part a supplier can hold

    Network and policy charges are set outside the supplier and reset each April for every supplier alike. We do not describe them as fixed unless we hold written confirmation for that product.

  • Point 05

    We work to a published code of conduct

    Our obligations as a third party intermediary, and what you can hold us to, are set out in full.