Supply of Electricity to Royal Berkshire Fire & Rescue Service via Laser Energy Buying Group
Royal Berkshire Fire & Rescue Service · Awarded contract
AwardedSupply of Electricity to Royal Berkshire Fire & Rescue Service via Laser Energy Buying Group
Awarded 30 Sep 2024
Awarded30 Sep 2024
Value£750,000.00
SupplierLaser Energy Buying Group
RegionUnited Kingdom
CategoryEnergy & Environment
Expires in 2y 11mo5y term, 42% elapsed
Awarded 30 Sept 2024Expires 29 Sept 2029
About
Royal Berkshire Fire & Rescue Service awarded a contract to Laser Energy Buying Group for the supply of electricity under the Kent County Council Framework.
The contract, valued at £750,000, is a flexible pricing agreement that allows for rate re-negotiation.
Laser Energy Buying Group aggregates client requirements to purchase large energy blocks at discounted rates, with pass-through charges added to determine the delivered price in pence per kilowatt hour, fixed for a 12-month period.
The strategy involves fixing the entire first year at current market rates and purchasing a large proportion of year two and some of year three volume at current market rates, protecting the Authority from future increases while retaining the ability to benefit from potential price decreases.
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Supply of Electricity to Royal Berkshire Fire & Rescue Service via Laser Energy Buying Group
Won by Laser Energy Buying Group · Royal Berkshire Fire & Rescue Service
£750Kawarded
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Key requirementsFrom 12 documents
Who can bidRegistered commercial cleaners
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