Issue details

Our incumbent LASER energy, currently procures energy for over 200 public bodies in the UK, collectively purchasing over £1.5 billion of gas, electricity, and water in 2022 on behalf of 8,500 end users.  LASER have offered the Council an opportunity to join its flexible pricing framework, as long as the Council enter into contracts with LASER before the end of June.  

If the Council does not contract with LASER there are limited procurement options available due to time taken to switch suppliers.  It is likely that the Council will see costs rise and be exposed to volatility on the energy markets when trying to procure energy at spot rates.