Forecasting, budgeting, reporting
Having sight of exactly how much energy will cost is not a luxury and can be achieved through accurate budgeting and forecasting, feeding in to regular reporting giving visibility across business departments.
making data work:
accurate budgets
UKGP delivers automated email reporting and accurate budgeting up to 3 years in advance.
Using your portfolio information acquired during the data acquisition phase or day +1 data for existing clients, we will calculate annual rolling budgets and forecasts at an individual meter level per commodity and also a total position across a portfolio per commodity and all energy combined.
Monitor forecast cost at current market conditions and set top budget costs and rising / falling market alerts. Updated automatically every day using live wholesale market pricing and day +1 data
dynamic forecasting
In doing so we will factor in known changes to non-commodity costs and actual commodity costs per season beyond the end of existing supply contracts. Furthermore, our budgeting and forecasting model will incorporate the latest consumption volumes per meter where the data is available to account for increases and decreases in consumption.
Known changes to non-commodity costs are captured and applied to your portfolio
Consumption data per meter maintained daily with DCDA data in order to feed rolling budgets, forecasts and reporting functionality
The platform also contains a dynamic forecasting tool which allows a user to track future energy spend up to 3 years ahead. This is built around live commodity pricing for future seasons, your day +1 portfolio consumption data (latest YTD data if day +1 not available) and a mean average of supplier non-commodity costs for those elements not published in legislation to generate fully-delivered energy prices every day, specific to your portfolio and contract lengths.
reporting
Through ongoing reporting, buyers can accurately report and manage expectations and confidence through data presented to management.
UKGP provide web-based reporting, removing complex spreadsheets, ultimately saving time.
Ongoing reporting suite for management reports on energy, by contract year, meter or commodity type
UKGP REporting includes:
Usage based reporting by individual site or portfolio, per commodity or all together
Bill validation
Live forecasting
Daily market analysis