0

Year budget certainty

0 %

Renewable energy

0

Meters under management across 570 sites

The relationship 

Portsmouth City Council engaged Equity Energies back in January 2020 to support them with their energy procurement strategy. The council is responsible for the procurement of energy for the City of Portsmouth as well as Gosport Borough Council. With over 1,200 gas and electricity meters across their 570 sites, totaling over 76GWhs, they wanted a partner to help them minimise energy costs and manage their energy portfolio. 

The challenge 

Portsmouth City Council approached us as part of a procurement exercise as they were disappointed with the existing consultant and wanted to drive their sustainability goals forward. They wanted a partner who would provide best-in-class trading advice, ensure that they remained OJEU compliant, and support them with the proactive management of their energy portfolio.

The solution 

We started by completing a risk strategy workshop with the in-house energy team to understand their objectives for both the initial procurement exercise and the ongoing management of their portfolio. 

Once we had completed this we ran both the City of Portsmouth and Gosport Borough Council tenders through our Dynamic Purchasing System framework. This meant Portsmouth City Council received a transparent, OJEU compliant procurement process, with 10 different suppliers competing for their contracts. 

Since the contract award three years ago, our Trading team have worked closely with the Energy Services team at Portsmouth City Council to ensure they receive the best trading advice to protect against upside risk and take advantage of market trends. 

Throughout our partnership with the Council, our client management team has successfully managed the complex and ever changing portfolio of sites they are responsible for. Our team has worked closely with suppliers and the Council to ensure that any new additions are OJEU compliant.

“Equity Energies helped us take advantage of opportunities in the energy market that maximised both savings on energy costs as well as carbon reductions.”

Zahid Halli – Energy Services Team Leader, Portsmouth City Council.

The results 

  • Secured 100% renewable electricity contracts with no additional premium, to assist with sustainability targets. 
  • Provided 3 year budget certainty for all sites within the portfolio. 
  • 10 different energy suppliers engaged as part of the tender process. 
  • 1,253 meters under management across 570 sites.