What is flexible energy procurement?

Flexible energy procurement buys your energy in many purchases before and during each contract year, instead of all on a single day as a fixed contract does. If you review a fixed renewal 12 months ahead, that is a one in 365 chance of picking the best price. Fidelity Energy's in-house trading desk spreads that risk across many trades. It does not guarantee a cheaper rate. It is a more managed way of handling your energy risk.

When will I know my rate?

On a flexible procurement contract with Fidelity Energy, your rate for each contract year is confirmed just before that year begins, once our traders have completed the buying for it. On Fidelity Assured that means one rate per year and no reconciliations, so you can budget with confidence while the strategy keeps working in the background.

What happens if the market rises?

On a flexible procurement contract, if the market rises past your upper trigger, Fidelity Energy's trading desk buys cover automatically, without waiting on a decision from you. Every contract year has its own upper trigger, set against that year's forward price, so a spike in one year leaves later years untouched.

What if I change my mind?

You can convert a flexible procurement contract to fixed at any point. Fidelity Energy buys your remaining volume at that day's market rate and fixes the rest of your term. That means you are never locked into a strategy that no longer suits you, even if your view of the market or your budget needs change.

What if my usage changes?

Normal changes in usage are absorbed on a flexible procurement contract, because Fidelity Energy assesses volume tolerance across the whole pooled basket, not against your business alone. Significant changes, such as adding or closing sites, are agreed with your account manager. On Fidelity Bespoke, volume tolerance is one of the levers you can set to suit your business.

Flexible energy procurement

Buy your energy in tranches across the year, not on a single day. Our in-house trading desk runs your strategy alongside the market, with caps, triggers and full pricing transparency throughout.

Book a discovery call See the three strategies

75%

of the time our trading strategy has beaten the market over the last 12 years

£980m+

of customer energy spend under management

90%

of the time over a full 3-year term, our strategy has beaten the market

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Two energy advisors reviewing a flexible procurement position on a laptop

How flexible procurement works

Instead of buying all your energy for the whole contract on one day, our in-house traders spread the purchase across many trades before and during each contract year. Upper triggers cap your exposure if the market rises, lower triggers buy the dips, and your rate for each 12-month delivery year is confirmed before it starts. Review a fixed contract 12 months ahead and you have a one in 365 chance of picking the best day. Flexible procurement removes that gamble.

Book a discovery call

Buy in tranches

Your volume is bought in portions across the year, so no single day decides your price.

Caps and triggers

An upper trigger buys cover automatically if the market rises past your agreed level. Lower triggers buy the dips as they happen.

One rate per year

Rates are confirmed for each 12-month delivery year before it starts, so budgeting stays simple and there are no reconciliations.

Flexible or fixed? The same choice you make on a mortgage

If you believe prices can only go up from here, you fix. If you believe there is room for them to come down, you take a tracker. Flexible procurement plays the tracker role, with our traders making the buying decisions across many trades and upper triggers that cap your exposure if the market turns. It does not guarantee the cheapest rate. It is a more managed way of handling your energy risk, and over the last 12 years our strategy has beaten the market average 75% of the time. Past performance is not a guarantee of future results.

Discovery call

A 30-minute call to understand your usage profile, current contract end date, sustainability goals and risk appetite.

Tailored proposal

We map out a bespoke flexible contract, covering strategy, triggers, hedging cover and non-commodity treatment, and walk you through it in numbers.

Trading begins

Once you sign, our in-house desk starts working the agreed strategy against the market and sends you a monthly position report.

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Three ways in. One in-house desk.

Two ready-made strategies for businesses from 100,000 kWh a year per utility, and a bespoke strategy for larger users. One in-house desk runs all three.

Pooled basket

From 100,000 kWh a year per utility