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Collective energy purchasing is an affordable and effective energy contract management solution for Museums
The price of energy can be a hefty cost for museums of any kind, yet there are solutions which can make energy purchases far more affordable. One of these that can be ideal for all business organisations including museums, charities, CICs and non-profits is to consider group buying. Collective energy purchase can really cut the cost of energy supplies and help ensure cash is diverted to areas where it can really make a difference.
What is group buying for energy?
Group energy purchase refers to collective energy deals set up as a result of negotiations between business energy customers and energy suppliers. It’s possible to arrange select energy contracts via this process and the combined purchasing power of the collective ensures the most attractive prices.
So how does business energy collective purchasing actually work?
Once a year the AIM Energy Action Group (EAG) run a group energy buying basket in conjunction with other like-minded organisations with contracts starting at the same time. The principle is simple, but it relies on good buying relationships and well organised bulk tendering. Participation carries no additional cost and members are free to choose the offer that suits them best. You’ll find that group buying can really cut energy costs and provide additional cash-flow to help your museum grow.
Find out more about EAG and how it could work for your museum>>
The EAG provides B2B energy management solutions for charities not-for-profits and third sector organisations. Get in touch to find out more>>