190_19 Fixed Price Energy

ESPO are undertaking a procurement process to create a multi-supplier, multi-lot framework for the supply of gas and electricity on a fixed price (pence/kWh) and fixed term (1 year, 2 year etc.) basis, with geographical coverage across England, Wales and Scotland. ESPO are creating this framework in reaction to interest and demand in a fixed price solution from independent customers, schools or multi-academy trusts covering a number of smaller sites. Feedback to ESPO suggests that these customers would often rather a fixed price solution as this could provide multiple benefits; budgetary certainty across a fixed time period, decreased exposure to market forces such as oil pricing, and an inc…

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