Renewable Electricity

Tender description

We require a flexible risk managed renewable electricity contract on a rolling basis for 3 years, for the period 1st April 2022 to 31st March 2025. The renewable electricity is to be UK Clean Electricity supported with a REGO certification. Operating as an aggregated portfolio of renewable electricity consumption for Half Hourly metered (HH), and non-Half Hourly metered (NHH) supplies forming part of a combined portfolio. The portfolio must also contain Unmetered Supplies (UMS) which are both NHH and HH. Our anticipated consumption is expected as follows: HH Gwh 58,975,055NHH Gwh 17,454,729. We will operate a rolling three year (36 month) purchasing strategy for multiple customers, where renewable electricity will be purchased and sold on the traded wholesale energy market via OFGEM licenced suppliers. The portfolio may at Vertas or its adviser's direction be split into purchasing in advance of year and purchasing within year. Renewable electricity is to be priced to the customers on a fixed cost basis for a fixed term period which will have been purchased in advance Lot 1: We require a flexible risk managed renewable electricity contract on a rolling basis for 3 years, for the period 1st April 2022 to 31st March 2025 with the option to extend for a further 2 years for the provision of UK Clean Electricity supported with a REGO certification