Energy procurement model audit: assess procurement cost and risk
Want to know whether your current approach to energy procurement still suits your business? OZEOS will assess your consumption, costs and contract terms. We will show what could be changed and explain the potential impact of choosing a different model.
What does an energy procurement model audit involve?
We assess how your business sources energy and the costs involved. We compare your purchasing terms with your actual consumption profile, operational requirements and business plans, as well as the generation profile of your own renewable energy installation – if you already have one or are planning to develop one.
We assess whether the current model suits your budget and risk profile. We identify elements worth improving before your next procurement process or contract renewal. The audit provides a sound basis for decisions about how to procure energy and the direction of your energy strategy.
What do we review?
The scope is adapted to your circumstances. The audit may cover:
- the structure of electricity, heat and fuel consumption and costs,
- contracts, pricing mechanisms and settlement terms,
- alignment between contracted energy volumes and your company’s requirements,
- risks related to pricing and contract terms,
- options for procuring renewable energy, including PPA and cPPA agreements.
We start with invoices, contracts and consumption data. Together, we agree the analysis period and the locations to be included.
What do you receive after the audit?
You receive an assessment of your current model and recommendations for the next steps. We compare the available options and their impact on cost and risk. We also explain the assumptions that drive the comparison.
You can assess whether it is worth changing the pricing formula, procurement structure or energy source. You will also see which data needs to be added before a decision can be made. We assess potential savings based on your contract terms and company data.
Why OZEOS?
We work with companies that buy energy and with energy producers. This allows us to consider the options available on both sides of the market when assessing a procurement model.
If we recommend renewable energy, we match the source and contract terms to your consumption profile. We compare this option with other procurement models. We support both your energy team and those responsible for the budget, linking each recommendation to a specific decision that needs to be made.