Electricity procurement and management »

    • Detailed analysis of client’s electricity consumption profile
    • Assessment of the most appropriate electricity price type
    • Electricity Procurement Risk Policy / Strategy development according to client needs
    • Evaluation of electricity procurement centralization possibility in Latvia and entire Baltic region
    • Preparation of required documentation for electricity procurement process; negotiations with electricity market participants
    • Other administrative preparatory works in order to set off electricity procurement process in accordance with the strategy developed
    • Client’s electricity consumption analysis
    • Assessment of existing Supply Agreement conditions taking into consideration   electricity market price development, client’s electricity consumption profile and business specifics
    • Development of further action plan (e.g., revision of the existing supply agreement with the present supplier, breach of the supply agreement)
    • Assistance in negotiations with the supplier(s) based on the selected strategy
    • Systematic electricity market monitoring and price forecasting for short and long-term periods
    • Communication with electricity suppliers: requesting price offers, negotiating terms of supply contract and developing specific products according to clients’ needs
    • Electricity price fixing according to the selected strategy for specific consumption volumes and time periods
    • Implementation of centralized electricity procurement process in Latvia and entire Baltic region
    • Control of electricity bills (checking the price of electricity and consumption volume), communication with suppliers in case of error detection
    • Coordination of electricity payment schedule with suppliers, sub-users
    • Reporting (actual and forecasted consumption, electricity costs) and other administrative tasks
    • Detailed electricity consumption analysis at every consumption point
    • Assessment of selected distribution tariffs and recommendations on tariff change, where appropriate
    • Assistance in communication with Distribution System Operator

    This service results in client’s financial saving proportional to the electricity consumption volume


"PEM Consulting" – leading independent energy management expert in the Baltics!