Bureau & Bill Payment Services:
State of the art systems validate Clients invoices to ensure accuracy before a payment journal is issued. LGE manage the various supplier payments across Europe.
£38,000 saving when LGE discovered an incorrect gas cash out. £135,000 saving when we rectified an incorrect TRIAD reconciliation.
Energy Procurement Services:
Delivery of LGE’s robust tender service to identify the most commercially advantageous contract to proceed with.
Optimization of the portfolio by reclassification of the sites distribution profiles resulted in savings of £107,061.
Proactive and advanced trading of flexible contracts resulted in £77,000 savings made against the weighted average price, by trading some of their position on the day ahead market (as agreed through the trading risk management strategy created at the start of the contract). Further savings were achieved by adopting flexible Dynamic Budget Cap vs Fixed strategy: