Business energy supplier, npower Business Solutions (nBS), has launched a new suite of flexible energy trading solutions that have been specifically designed to help businesses maximise efficiency and reduce energy invoices.
Flex Portfolio Solutions is delivered by nBS’ market-leading Optimisation Desk, which is a specialist, dedicated expert team providing real-time guidance on movements in the wholesale energy market. Businesses can choose from three options to help them trade energy on the wholesale market, as well as three levels of support from nBS’ hedging experts, all of which are tailored to cater for different levels of expertise and risk appetite.
This market intelligence helps businesses to better manage their energy position, understand their risks and take advantage of any opportunities in the market.
During a time where the energy market has experienced major volatility, nBS believes that offering a range of solutions will help businesses build a successful hedging strategy, ultimately saving time and money, as Gemma Eagle-Bruce, Optimisation Desk Manager at npower Business Solutions, comments:
“Over the past 18 months, the energy market has been particularly challenging to navigate. In addition, when it comes to implementing an effective energy strategy, there is no one-size-fits all solution for businesses.
“Different organisations have a variety of complex energy needs that require full flexibility and bespoke support, and many simply do not have the time or expertise to effectively trade on the wholesale energy market to achieve the best outcome for their business.
“That is why we developed Flex Portfolio Solutions. It provides three levels of hedging options for businesses, from fully outsourcing their energy trading strategy to one of our expert portfolio managers, to maintaining control themselves and using our experts on a consultative basis.
“Businesses can also choose from three levels of support, regardless of the trading option selected. These support levels all receive access to Risk Navigator, which is our online portal for energy market intelligence, position tracking and bespoke analysis, and range from receiving daily market updates to a more light-touch level of reporting.
“At nBS, we firmly believe that our role is to demystify energy for our customers. By offering a range of flexible solutions that can adapt to a business’ needs, we are helping them to stay in control of their hedging strategy, save time, and maximise their energy spend.”
To find out more about nBS’s new Flex Portfolio Solutions, visit https://npowerbusinesssolutions.com/corporate/flexible-portfolio-solutions
