The Importance of an energy procurement strategy
Industrial manufacturers will face many issues in 2025, with energy costs being one of the biggest challenges.
Why are energy costs such a big problem for industrial manufacturers
Fluctuating market rates, evolving regulations, and complex contract structures mean that managing energy procurement can be both time-consuming and costly for those who work in the industrial manufacturing industry.
This is where an energy broker can provide critical support, offering expertise to optimise your energy procurement strategy and ensure cost savings while maintaining operational efficiency.
Why your company needs an energy procurement strategy
By working with a reputable energy broker on an energy procurement strategy, you could create long-term cost savings and financial stability for your industrial manufacturing business. See what this looks like below:
Cost savings & competitive pricing
Energy brokers have access to multiple suppliers and can leverage their market knowledge to secure the most competitive rates for your company. By working with you to understand your needs, a broker can negotiate contracts tailored to your business. Brokers can also help mitigate the impact of market volatility and ensure you get the best value for your energy supply.
Market expertise & risk management
Energy markets are complex and can be highly volatile. This can have severe consequences for large companies within the industrial manufacturing industry.
Brokers continuously monitor market trends, regulatory changes, and supply fluctuations, allowing them to provide timely advice on when to lock in rates or explore alternative purchasing strategies. This proactive approach will help your company avoid costly mistakes and manage energy risks effectively.
Customised procurement strategies
Every industrial facility has unique energy requirements. A broker will analyse your usage patterns, production cycles, and budget constraints to develop a procurement strategy that aligns with your operational goals. Whether through fixed or variable contracts, a broker ensures that your energy supply strategy is both cost-effective and reliable.
Access to Renewable & Sustainable Energy Solutions
With the increasing push toward sustainability, manufacturers are looking for ways to reduce their carbon footprint. Brokers can help identify renewable energy options, such as Power Purchase Agreements (PPAs) and Renewable Energy Certificates (RECs), ensuring compliance with environmental goals while maintaining cost efficiency.
Simplified Energy Management
Managing energy procurement in-house can be overwhelming. Brokers handle the complexities of contract negotiations, supplier communications, and invoice audits, allowing manufacturers to focus on their core operations. They also provide detailed reporting and insights, enabling better decision-making regarding energy usage and cost management.
How we compose an effective energy procurement strategy
At Resolve Energy, our team of energy experts have hands-on experience with creating energy procurement strategies for large businesses, such as industrial manufacturers. To ensure your procurement strategy is thorough, we will:
- Analyse energy usage – Assessing historical energy consumption patterns to identify cost-saving opportunities.
- Select the most appropriate strategy– Determining the optimal time to purchase energy and choosing the right procurement strategy.
- Manage contracts – Securing favourable contract terms and ensuring transparency in agreements.
- Monitor & manage– Continuously track energy markets and adjust strategies as needed.
For industrial manufacturers, a well-structured energy procurement strategy is essential for managing costs, mitigating risks, and achieving sustainability goals. Partnering with an energy broker ensures access to expert market insights, competitive pricing, and customised solutions tailored to your operational needs. By outsourcing energy procurement to a professional, manufacturers can focus on production efficiency while securing the most cost-effective energy solutions available.
If you are interested in optimising your energy procurement strategy, get in touch with us today and explore tailored solutions for your industrial operations.
If you're looking to save money on your energy bills then why not get in touch today? The relationships Resolve Energy has developed with over 24 of the UK’s biggest business energy suppliers allows our energy experts to source the best business energy rates available for your company right when you need them. Request a free quote today and start saving money on your energy.
