Inspired Energy Plc

Company Profile

Inspired Energy plc is the UK’s leading independent energy consultancy, ranked number 1 industrial and commercial energy consultancy by Cornwall Insight+ three years’ running. Our mission is to optimise the value of every pound spent on utilities by our clients. This means working with our clients to solve utility cost, consumption, carbon and compliance problems, any or all of which can impact upon the profitability of businesses if not managed correctly. We work with corporate consumers in the commercial, industrial and public sectors to create and deliver long-term cost and efficiency savings. Our market presence extends to: • 550+ employees, headquartered in Kirkham, Lancashire; • Over 2,800 clients across our corporate divisions; • Over 30 billion kWh of energy managed annually; • Over £2.5bn worth of annual energy cost. Regardless of how much energy you use, our team of experts can provide you with the correct solution. We will relieve you of the burden of managing the many utility cost pressures currently confronting businesses. This means you can focus on running your organisation as profitably and effectively as possible. There are four key areas to your business where we can add value. These are as follows: 1. Buy it well Analysing energy prices is a complex and daily task. Inspired Energy plc solves that complexity for members by providing access to subject matter expertise that you don’t have in-house. The team creates and delivers bespoke procurement strategies that suit your budgetary needs. Once you have a contract, invoicing and forecasting processes are complicated. Inspired Energy plc simplifies that complexity by making sure you are being charged the correct amount for the energy you use. They apply this expertise to integrate into your accounting processes so that your finance teams can comply with their accounting obligations. 2. Use it better Once you have your contracting and supplier management under control, you need to understand how you use energy better. Inspired Energy plc can help you to optimise your consumption patterns to avoid costs and monetise opportunities. Collecting, analysing and visualising utilities data is a time consuming and specialist job. Inspired Energy plc helps members deliver performance improvements across their estates by presenting data in meaningful and relevant ways to target and reduce wastage. They perform a role as your outsourced energy management team by acting on any analysis to implement energy cost saving measures. 3. Make your own To futureproof against rising energy costs and create new revenue streams or achieve sustainability goals, members can invest in self-generation or renewable schemes. Once you have optimised your energy cost situation, you can look to structurally improve the baseline of your operations through calculated capital investment and savings-based programs. Inspired Energy plc supports you in making that investment decision and verifying the subsequent return on investment. 4. Do it right Inspired Energy plc helps members to manage interactions with suppliers so that you do not have to commit resources to it. Revenue recovery audits identify structural overcharging by suppliers, and they make sure members receive what refunds are due. The energy legislative landscape is varied and complex. Inspired Energy plc makes sure members are appraised of existing and future energy laws and regulations and helps them comply with their statutory duties. The team helps members obtain any cost relief by applying for environmental management schemes and achieves best practice through energy management accreditations and standards. + Cornwall Insight provides research, analysis, consultancy and training across the energy and water sectors. For enquiries please contact: Wayne Brown Head of Strategic Partnerships T: 01772 689 250 M: 07587 617912 DD: 01772 675258 E: Wayne.Brown@inspiredenergy.co.uk