Purpose

This strategy report requests approval for a
new Energy Procurement for Housing Communal Landlord Supply &
Corporate Properties for the period 2025-2030, as our current
contracts are due to end 31st March 2025.

Decision

To note that
Appendices 1 and 2 are not for publication on the basis that they
contain information relating to the financial or business affairs
of any particular person (including the authority holding that
information) as set out in paragraph 3 of Schedule 12A of the Local
Government Act 1972 (as amended).

 

The Executive
Director of Finance and Corporate Services and the Assistant
Director of Property are asked to approve the
following:

 

a)   
To award 2 electricity contracts to Npower (with
Green Energy) for both Housing and Corporate, each contract being
for 5 years between Tuesday, 1st April 2025 and Sunday,
31st March 2030 (inclusive), using the Purchase In
Advance (PIA) option with a Fully Managed Service. The use of the
framework established by LASER requires the Council to enter into 2
Access Agreements, with LASER, one for Corporate and one for
Housing; and
 

b)   
To award 2 gas contracts to Corona for both Housing
and Corporate between Tuesday, 1st April 2025 and
Sunday, 31st March 2030 (inclusive) using the Purchase
In Advance (PIA) option with a Fully Managed Service, to ensure
continuity of contracted supply. The use of the Framework
established by LASER requires the Council to enter into an Access
Agreement; and
 
For the avoidance of doubt,
this report recommends entering into the following
agreements:
 

Electricity
(Long-Term Contract)

1.   
Tripartite Access Agreement with Npower and LASER
for Corporate
2.   
Tripartite Access Agreement with Npower and LASER
for Housing
3.   
Flexible Procurement Fully Managed 5-year contract
with Npower – Corporate.
4.   
Flexible Procurement Fully Managed 5-year contract
with Npower – Housing.
 

Gas (Long-Term
Contract)

1.   
Tripartite Access Agreement with Corona and LASER
for Corporate
2.   
Tripartite Access Agreement with Corona and LASER
for Housing
3.   
Flexible Procurement Fully Managed Service 5-year
contract with Corona for Corporate.
4.   
Flexible Procurement Fully Managed Service 5-year
contract with Corona for Housing.
 

LASER
Framework

The contracts we would like to
award to the above suppliers are part of the LASER frameworks as
listed below. There will be a new LASER framework for 2029 which
LBH&F will join and remain on current terms until
2030.

1.   
Electricity Flex 2024 – 2028 Framework –
Y22009

2.   
Gas Flex 2024 – 2028 Framework –
Y22008