Business customers

Get an Energy Quote or Call us on 0207 093 0037

Tower Utility work directly with companies across the UK who require assistance on reducing their utility bills. We provide an impartial, no obligation service for both small and large companies

Considering Fixed or a Flexible (flexed) contract?

Flexible contracts benefits you to have the freedom to choose when and how much energy you purchase, putting you in control. You benefit from our market intelligence to make an informed decision on your purchase. We will track the market on your behalf and have triggers set if the market falls, we will be pro-active to inform you. A flexible energy contract offers multiple buying opportunities, greater transparency, and the possibility of selling back. It allows businesses to take advantage of a falling market and provides the ability to re-forecast volume. They provide the framework for you to separate third party costs from the cost of purchasing the energy directly at wholesale prices.

In a flexible contract you have the options to purchase your consumption ahead of time and in a declining market this pushes your weighted average lower with every purchase. This will help you identify the raw commodity costs. You have the freedom to purchase anything from 12 months ahead or 1 month ahead.

Strategies our risk management team will collaborate with you to understand your goals and align them with the right strategy. We negotiate the best energy contract that meets your commercial terms and provides the necessary flexibility for strategy execution.

Fixed v Flex, Fixed pricing is a type of energy contract where the price for each unit of energy is fixed on one day for a set period (typically 12-24 months). Flexible contracts are essentially a framework which allows the end user to purchase energy in smaller chunks during the contract period, rather than all at once.

Summary

Advantages of Fixed vs. Flexed contracts

Fixed
A fixed price monthly, therefore you will not experience spikes up in your energy prices
Easier to budget if your costs are already known, hence it is better long term
If there is a stable, low energy market it will lead to a cheaper energy bill
No superior knowledge about the energy market is needed

Flexed
Allows businesses to take advantage of falling market prices
Provides opportunities to re-forecast energy volume needs and adjust purchases accordingly
Offers a clear breakdown of the components that make up the final energy bill, separating third-party costs
Tower Utility will inform you of any market changes

Our Services

Flexible contracts
Invoice validation
Energy audits

Account management
Energy procurement
Tracking renewals

Flexible contracts - Enable you to adjust your energy purchasing strategy based on market forecasts, reducing exposure to potential cost spikes.

Invoice validation - A checkup for your businesses energy as some times bills can be vastly over or under estimated resulting in large outstanding balances - flagging any discrepancies to the suppliers.

Energy audits - A systematic inspection and analysis of energy use and energy consumption of a site with the objective of identifying energy flows and the potential for energy efficiency improvements.

Account management - Serves as the liaison for our customers. Responsible for addressing customers' needs and concerns as quickly and effectively as possible with the intention of developing and maintaining strong relationships ensuring high customer retention is always at the forefront of our minds.

Energy Procurement - is the strategic process of sourcing and purchasing energy to ensure you make the right choice when choosing a contract and supplier for your business energy needs.

Tracking renewals - We monitor the energy market daily and aim to provide atleast 6 months notice of your contract ending