Procurement

Utilyx are specialist energy buyers and with a portfolio in excess of 20TWh we are one of the largest buyers of industrial, commercial and public sector energy in the UK. Our procurement services include fixed price, fixed term contracts as well as flexible risk-managed products. For users who want to secure a proportion of their energy from renewable generation projects we also provide Power Purchase Agreements (PPAs).

Fixed price, fixed term contracts
If you want to secure your energy contracts for a fixed period at a known cost our specialist procurement services will ensure that you are offered the best tariffs available from suppliers. We have developed an advanced electronic auction platform enabling us to obtain prices simultaneously from suppliers competing to win your business. When you choose Utilyx to secure your gas and electricity contracts you can be assured that you won’t end up paying a penny more than you have to. read more

Flexible risk-managed procurement
Utilyx pioneered this type of energy procurement for the UK market to enable customers to manage the risks associated with volatile energy prices. A flexible procurement contract enables you to buy energy periodically across the life of your contract at a time when market conditions are right for you, eliminating some of the price risks associated with traditional fixed term deals. When you become a customer of Utilyx, you’ll benefit from bespoke Risk Management Policies & Procedures (RMPP) which will enable the flexible contract to be administered according to your unique risk profile and budget characteristics. read more

End-user Power Purchase Agreements
A Power Purchase Agreement is a legal contract which enables a buyer of energy to transact directly with a generator to secure renewable energy over a defined period of time. A PPA can act as a useful physical hedging mechanism forming part of an integrated risk management strategy as prices can be either fixed or floating for the life of the agreement. PPAs also enable provenance to be established for the energy generated, purchased and consumed creating an innovative way of securing renewable energy over a longer period of time than is available directly from a licensed supplier. read more