10 reasons why an industrial company should buy energy utilities as a service

Buying energy utilities as a service means outsourcing energy-related functions to a specialised service provider. Planning, implementing and operating the necessary energy infrastructure is not the core competence of most industrial companies.

We’ve gathered a list of 10 reasons why energy-intensive companies should let a trusted partner take responsibility for their energy production.

1. Cost savings: Service providers specialising in energy utilities have economies of scale, advanced technologies and expertise that can result in more efficient and cost-effective energy management. Recovery of materials and efficient resource use guarantee competitive prices.

2. Risk management: With this kind of service model the risks are transferred to the service provider. They take on the risks in relation to schedules and costs during the implementation phase. Furthermore, fluctuations in energy prices are not fully reflected in the operational costs.

3. Focus on core competence: Handing over responsibility for energy-related functions to a competent partner allows the customer to focus on their core business and strategic objectives.

4. Environmental friendliness: Most energy service providers are committed to promoting sustainable development and the use of renewable and emission-free energy sources. With the help of a competent partner, companies can create roadmaps towards a green transition and achieve significant emission reductions.

5. Technological innovations: Energy companies often use the latest technologies for energy management, such as advanced analytics, monitoring systems and energy-efficient solutions. The service model enables the effortless introduction of new technologies.

6. Scalability: The customer gets the amount of energy they need, and it is possible to scale the operation flexibly as the situation changes. This is especially important in business, where energy demand varies as the market situation changes.

7. Regulatory compliance: Energy-related regulations and environmental requirements can be complex and vary from region to region. Energy partners are familiar with regulatory issues and can help with permits and ensuring that the customer complies with all relevant regulations.

8. Predictable budgeting: By buying energy utilities as a service, companies can often benefit from fixed or more predictable costs for their energy needs. This can enhance budgeting predictability and financial planning, allowing companies to better manage financial resources.

9. Improved data analytics: Energy partners often offer advanced data analytics tools that enable rapid problem solving and effective resource optimisation. The data made available by these tools provides information to support business decisions.

10. Security of supply: The energy partner’s strong expertise and long experience guarantee reliable energy production. Proactive maintenance of facilities via both local and remote monitoring helps to minimise disruptions and downtime.

The benefits are not listed in order of importance, and the significance of each may vary depending on the industry, needs and goals in question. Each reason has its own weight in different situations, so it is essential for a company to assess the importance of each point based on their unique circumstances and objectives.

At Nevel, we help energy-intensive companies map both the current state of their energy consumption and their future needs. Based on a holistic review, we ensure the solutions that best suit our customers’ needs.

We support the customer throughout the partnership.

“Developing operations and improving energy efficiency are an essential part of long-term cooperation. Our service model also covers various circular economy solutions, such as the utilisation of various side streams as well as biogas production and industrial water treatment”, says Teemu Kivimäki, Head of Sales at Nevel.

Get in touch today to discover how your business can benefit from Nevel’s risk-free way to buy energy utilities as a service. Read more about Nevel’s partnership model.