Pulse Business Energy wins Energy Buying Team of the year at the Energy awards 2017
The Energy awards, won by Pulse Business Energy this year, celebrate innovation and best practice across the industry.
Introduced to emphasise the importance of teamwork in the procurement of energy, the Energy Buying Team of the year recognises a company’s ability to devise and implement a purchasing strategy that manages energy prices in a controllable manner at below budget costs.
Pulse Business Energy, part of the Arrow Group, have previously won the award in 2015, as well as the Innovation of the Year Award in 2016 with its Pulse Online Database business platform.
This year’s award has been won in partnership with the Nottingham Express Transit (NET) which consists of a 32 km long tram network servicing the city of Nottingham.
NET fixed the price of electricity for 3 years at a time. Pulse devised a 3-year procurement strategy that could be modified to reflect changes in the market and NET’s requirements.
The strategy saved £1,198,340 between 2015-2018 and the lower tram costs made NET more attractive to commuters and increased tram usage.
Ben Dhesi, Managing Director of Pulse comments, “We are pleased to accept this award as an acknowledgment of our commitment to the Pulse customers and our desire to offer market-leading solutions”.
