Logical Utilites America
An introduction to The Logical Utilities Company services and technology in America.
Our Energy Procurement Process
ENERGY ASSESSMENT
To understand your organization’s energy needs, we review your budget, risk management goals, operational patterns, and historical usage data to uncover
opportunities to lower your costs.
STRATEGIC PLANNING
Once your assessment is complete, we develop a robust energy strategy tailored to your budget, risk tolerances, and your organization’s short-term and long-term energy needs.
SELECT YOUR RATE, TERM AND SUPPLIER
Drawing on our extensive network of energy suppliers, we create a customized list of suppliers whose pricing, terms, and capabilities meet your objectives.
CONTRACT MANAGEMENT
Once you’ve narrowed down your options, your Logical Energy Analyst will help you navigate the contract process so you fully understand the new terms.
If amendments to the contract need to be negotiated, our team is always on hand to provide expert insights and assistance.
ONGOING SUPPORT
After you’ve secured your contract, your Logical Energy Analyst continues to monitor energy market conditions and, where applicable, recommend contract extension opportunities or amendments to any risk management strategies where flexible contracts are being utilized.
ENERGY ASSESSMENT
To understand your organization’s energy needs, we review your budget, risk management goals, operational patterns, and historical usage data to uncover
opportunities to lower your costs. members to eliminate risk margins and lowering overall unit costs.
STRATEGIC PLANNING
Once your assessment is complete, we develop a robust energy strategy tailored to your budget, risk tolerances, and your organization’s short-term and long-term energy needs.
SELECT YOUR RATE, TERM AND SUPPLIER
Drawing on our extensive network of energy suppliers, we create a customized list of suppliers whose pricing, terms, and capabilities meet your objectives.
CONTRACT MANAGEMENT
Once you’ve narrowed down your options, your Logical Energy Analyst will help you navigate the contract process so you fully understand the new terms.
If edits to the contract are needed, our team is always on hand to provide expert insights and assistance.
ONGOING SUPPORT
After you’ve secured your contract, your Logical Energy Analyst continues to monitor energy market conditions and, where applicable, recommend contract extension opportunities or amendments to any risk management strategies where flexible contracts are being utilized.
Energy Market Coverage
Validation
We have designed our technology to work dynamically with each other integrating your business’ entire portfolio, agreed contracts and invoice data into one easily accessible package, Eos®.
Eos®
Our customer portal, Eos®, brings you full data analytic capabilities, cleans up your complex system of spreadsheets, and provides one portable software package where you can access your portfolio, contracts and billing data.
Billing and Contracts
Your entire portfolio and agreed contracts are pulled directly from suppliers, into Eos® where you will be able to see your total portfolio at a glance, or in detail site by site.
Monitoring and Efficiency
Perfecta™, our invoice validation system, feeds billing data into Eos® where it is collected into our secure system comprising a suite of reports that are unique to your business. This is where our Bureau Team review and dispute any anomalies with suppliers that Perfecta™ has flagged.
Risk Management
Risk and hedging strategy development
Our team of Risk Management Analysts create tailored risk and hedging strategies suited to our customers’ requirements. To enable us to do this effectively we make sure we have a clear understanding of your business’ KPI’s, your volumetric profile and your future energy consumption.
Market and Financial Intelligence
We have access to a myriad of energy market and financial intelligence and utilise our data interpretation techniques and expertise to develop compelling risk management and trading strategies for our customers.
We believe our trading history is second to none, and being the only consultancy to be shortlisted at every Energy Awards since its inception is testament to this and the consistently accurate advice we provide.
Our team always have their eye on the market, past, present and future, ensuring the very best strategies are put in place for your business’ requirements.
Reporting and analysis
We have several reporting and analysis solutions that can be tailored to suit your business’ requirements, from traditional Excel reports to our online portal, Eos®, where you can access reports remotely.
Our Bureau Services department consists of team of dedicated experts who are passionate about delivering the best service in the market to our customers and provide a unique blend of expertise to ensure all post contract administration is managed efficiently.
Meter and Utilities Management
Our Bureau Team operate a real-time data repository of your energy portfolio and market data using our in-house bespoke software, Eos®.
Case Studies
The Logical Utilities Company are an award-winning commercial energy consultancy and, as one of the only companies within our sector to have been shortlisted for the Energy Awards since its’ inception, we boast a portfolio of some of the most well-known corporate businesses.
Case Study 1
Green energy procurement strategy and recovery of 12.5% of their total energy expenditure
After identifying that this customer was being incorrectly charged for tax, we swiftly moved them onto the correct tax levy of 5% and preceded to recover unjustified tax costs from historical suppliers.
Challenge
Having just taken over this customers’ portfolio right before the COVID-19 pandemic hit, our client was keen to ensure we procured the very best rates on the market as well as covering the business’ sustainability KPI by making sure their new supplier sourced energy from renewables. Our challenge was to make sure we sourced green energy contracts at a competitive rate in a volatile energy market caused by the uncertainty of the impact the pandemic.
Strategy
Our approach for this customer included procuring green energy contracts that met the business’ budget and sustainability KPI and ensured the smooth transition of all meters to one common supplier and contract end date. We also liaised with their current supplier on their behalf to transfer current meters over to the new supplier who offered the most competitive green energy rates.
Outcome
In addition to sourcing competitive green energy contracts and orchestrating the transfer between suppliers, our Finance Manager identified that our client was paying incorrect tax amount on all historical bills. We quickly rectified this, which created an additional savings as well as recovering approximately 12.5% of incorrect historical tax costs for the client. We also discovered that their previous supplier had mistakenly moved our client onto an out of contract rate for their final bill which resulted in a further financial refund.
Case Study 2
$445,000 saving made for a well-known retailer
We saved $445,000 off this customers’ annual gas and electricity expenditure through a combination of understanding this business’ requirements and industry sector and utilising a tailor-made risk management strategy.
Challenge
Traditionally this customer had utilised fixed price contracts but were faced with an average increase of 22% across their gas and electricity renewals if they were to continue with their current energy procurement strategy.
We took on the challenge to ensure this customer obtained the best price during the challenging market conditions.
Strategy
We devised a strategy that would allow multiple purchasing decisions throughout the contract duration, instead of a single lock-out that a fixed contract would have provided.
We achieved this by placing their gas and electricity onto Hybrid contracts whilst markets were slowly recovering from a 10-year high.
Outcome
Through a combination of understanding this customers’ and their industry and utilising a risk management strategy, we were able to design a bespoke procurement plan comprising of a month-ahead purchasing strategy.
As a result, we delivered savings of 17% for power and 29% for gas when compared to a fixed price contract, which totalled $445,000 annual savings.
We are Agents of Change
Founded in 2009 we have become the UK market leaders in energy consulting and support services specialising in multi-site and large commercial business sectors. We operate in a highly fragmented market where most providers concentrate on what they do and how they do it. Our success is attributed to our focus on “why” we do what we do; we challenge the status quo in the energy market. We believe we can improve a clients’ bottom line whilst removing highly complex tasks associated with energy from within their facilities and finance departments, and we are driven by sharing in this success.
“We consider the structure of the energy market to be illogical”
We have become standard bearers for a more logical and transparent approach. Logic is applied in everything we do and remains the backbone of our success. We have attracted and grown a specialist team of ethical, and talented industry professionals motivated by achieving fantastic results for some amazing customers and pushing the boundaries of what is perceived possible.