The Client

Capita is a leading provider of business process services in the UK, offering a wide range of solutions across various sectors. With numerous sites spread throughout the UK, Capita requires efficient energy risk management to support its extensive operations in property management.

The Challenge

Amidst the energy crisis, Capita faced the challenge of managing volatile gas and electricity markets while ensuring minimal financial impact on their operations. They needed expert support to:

  • Manage Energy Procurement: Oversee tendering and contract negotiations for their energy portfolio.
  • Provide Monthly Reporting: Deliver regular updates on energy volume and usage.
  • Offer Risk Management Advice: Navigate market uncertainties with informed strategies.
  • Trade Gas and Electricity: Execute trading activities to capitalise on market opportunities.

 

The Solution

Equity Energies partnered with Capita to address these challenges through a multifaceted approach:

  • Tender & Contract Negotiation: Successfully negotiated and placed energy contracts that aligned with Capita’s operational needs and financial objectives.
  • Monthly Reporting & Portfolio Management: Provided detailed monthly reports on energy consumption and volume, facilitating transparent portfolio management.
  • Risk Management Advice: Held monthly calls to present trading recommendations, helping Capita make informed decisions in a volatile market.
  • Trading Services: Executed trading strategies for both gas and electricity to optimise costs.
  • KVA Analysis: Performed KVA (Kilovolt-Ampere) analysis for new sites to identify and mitigate unnecessary capacity charges, reducing additional expenses.

 

“We have worked with Equity Energies for over eight years… They are always there at the end of the phone whenever we require extra support, reporting, or advice.”

Jane Maddock, Energy Manager, Capita

The Results

By integrating proactive risk management with dynamic trading strategies, Equity Energies enabled Capita to stay ahead of market fluctuations. The innovative use of KVA analysis for new sites ensured that Capita only paid for the capacity they needed, avoiding superfluous costs and enhancing operational efficiency.

  • Navigated Energy Crisis Effectively: Capita managed to traverse the energy crisis with as little impact as possible, maintaining operational stability.
  • Informed Decision-Making: Regular trading recommendations empowered Capita to act swiftly on market opportunities and risks.
  • Cost Mitigation: KVA analysis led to the identification of unnecessary costs, allowing for adjustments that saved money across new sites.
  • Strengthened Partnership: The ongoing collaboration solidified a trusted relationship, with Equity Energies acting as an extension of Capita’s team.

 

Client Feedback

“We have worked with Equity Energies for over eight years to assist with our energy procurement, including tendering and trading for our flexible contracts. Their knowledge of the markets is invaluable to our purchasing strategy. They are always there at the end of the phone whenever we require extra support, reporting, or advice.”

Jane Maddock, Energy Manager at Capita