How to Side Step the Energy Giants

1.Background on the energy markets 2.Historic prices and forward price curves 3.How suppliers get their pound of flesh 4.How to procure energy effectively 5.How to avoid billing overcharges Agenda

Background on the energy markets De-regulation started in April 1990; Split by R.E.Cs; Now some 38 energy suppliers for electricity and/or gas; Energy traded on the wholesale commodity markets – effected by world / financial developments.

Historic prices and forward price curves

How suppliers get their pound of flesh Lethargy; Use the media to their advantage (price rises); Lack of consumer knowledge (confusing); Automatic roll-overs (reducing); Non issue of termination; Timing of when to renew.

How to procure energy effectively Benchmark prices with other suppliers; AQ Consumption x rate + other charges = annual cost Watch out for “hidden” costs; Pass through Green taxes Internet suppliers tend to use matrices – go for bespoke pricing; Renew in plenty of time; 3-4 months pending what markets are doing Quote on flexible rather than fixed.

How to avoid billing overcharges Take regular meter readings; Especially if contract renews – catch up read Consider AMR Watch out for meter rolling over Make sure the contract rate matches the invoices; Make sure VAT rate is correct – impact on CCL; Make sure you are being billed for the correct meter!

Thanks for listening! Kevan Walsh CEO Zenergi Ltd 76 High Street, Lyndhurst, SO43 7BJ