Risk Management Services
The EIC Risk Management service is based around the formation and management of a fully flexible energy supply contract. For major energy users of electricity or gas our service always starts by obtaining a clear understanding of your goals and requirements. Crucial to our service is our team approach and the level of resources we can provide to our Risk Management clients.
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Risk Management Strategy
Risk Management Strategy
Our tailored service enables you to create a Risk Management Strategy and Policy customised to your individual corporate strategy. We have designed cutting edge strategies and risk controls unique to EIC to manage market volatility.
The manner in which we support our clients is bespoke. Depending on the level of support you require we can fully manage trading within your flexible energy contract or as part of our advisory service, just be on hand for guidance, support and reporting.
Experience and Expertise
Regardless of the level of service, the successful implementation and management of energy risk requires considerable expertise, resources and time. The knowledgeable EIC Risk Management team has been managing flexible purchasing strategies since 2004. Together our Risk Management Consultants and Analysts have over 116 years experience working within the industry. Our highly qualified team has a proven track record helping clients in a variety of market sectors.
Risk Policy & Flexible Tender
Your EIC team will help you and your wider Energy Risk Management Committee (ERMC) to create a Risk Management Policy for your organisation. This will be tailored to your risk appetite and corporate needs. Once a Risk Management Policy is agreed, a flexible energy supply contract will need to be put in place. The EIC team has vast experience negotiating such deals and they know exactly what is available and what can be secured. We tender to all key suppliers to ensure you get the best terms and contract flexibility available at the best rate possible in the market. This can be a complex and lengthy task so it’s our job to push this forward, reduce the administration burden and ensure it all makes sense.
Dedicated Support Team
Our clients benefit from a dedicated Risk Management Consultant, Major Accounts Relationship Manager and Account Executive. Your Major Accounts team is highly trained in resolving queries and liaising with energy suppliers. Specialists at managing flexible energy contracts, they have the knowledge and skills to deliver a service tailored to your individual requirements. They are able to assist in all your energy needs from supplier terms and conditions to Take or Pay advice, credit support and the administration and submission of any Climate Change Agreement forms. EIC offers regular meetings and conference calls to review your energy requirements and Risk Management strategy.
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