Open Energy Market provides smart energy services to navigate challenging markets.
Our smart energy services span across procurement, compliance and legislation, net zero opportunities, and demand-side services, allowing us to create a tailored and futureproofed strategy for your business.
Why choose OEM?
Our approach combines the technology of our award-winning Open Platform with our team’s extensive sector knowledge and experience allowing us to identify, evaluate, and implement opportunities resulting in market-leading cost savings and carbon reduction.
Contact OEM today.
Explore our smart energy services:
Procurement
Track the live trading positions of the Open Performance Fund against the market
Electricity 
OEM Price
137.09 £/MWh
Market Average
218.85 £/MWh
Fund Locked 50%
Gas 
OEM Price
144.79 p/therm
Market Average
225.27 p/therm
Fund Locked 50%
Case Studies
Industry
Automative Parts Manufacturer
Electricity Consumption
23 GWh
Gas Consumption
6 GWh
Open Connect Partner
Services Provided
Procurement
Taxation Exemption
Climate Change Agreement
The initial stage was to procure an energy contract of best fit for Toyoda Gosei.
After a complimentary analysis of Toyoda Gosei's energy portfolio OEM and their expert partner, Envantage identified that the company was eligible for both RO, FiT CfD tax exemption and a Climate Change Agreement. This opportunity had previously been missed by another broker who informed Toyoda Gosei that the company did not qualify based on their protfolio.
Results
RO FiT CfD taxation exemption secured
Taxation Exemption Savings
£307,445.11 per annum
CCA secured until 2025
CCA Savings
£124,924 per annum
Security deposit avoidance from 2 suppliers
Value of £506,433
Further assessment for cost-saving and decarbonisation opportunities via:
1. SECR
2. installation of permanent submeter
3. Compliance and energy efficiency
Both OEM and Envantage continue to work with Toyoda Gosei on maintaining non-commodity exemptions by managing quarterly compliance obligations associated with green tax exemption schemes.
Jessica Harris, Envantage
Industry
Metal Manufacturing
Electricity Consumption
10.5 GWh
Open Connect Partner
Services Provided
Taxation Exemption
Ongoing Management of Exemptions
Energy Auditing & Compliance Check
These services were provided through our expert partner, Envantage. Through the Open Connect network further cost and carbon reduction opportunities were identified that Goodwin were eligible for, they were unaware of these schemes as their previous broker had not provided an eligibility assessment based on their business' criteria.
Results
Ro, FiT, CfD taxation exemption secured off electricity bill for 5 years without any upfront investment
Savings
£1.2m across 5 years
In a period of less than seven weeks from introduction to our company, OEM collated all our necessary electrical usage data and submitted a detailed application for an ongoing discount against some of the taxes levied on electricity to the relevant government department. The process was proficient, painless and dynamic, and other than one site meeting and three Zoom meetings over the seven-week period we now have an ongoing discount valued in excess of £240,000 per year, live off our electricity bill for Goodwin Steel Castings Ltd for the next five years this was achieved without any investment upfront or otherwise by Goodwin Steel Castings Ltd.
Matthew S goodwin, Managing Director, Goodwin Steel Castings Ltd
Additional Upcoming Projects
Gas & Electricity Contract Procurement
Solar PV
Sourcing of Power Purchase Agreement (PPA)
Create an energy strategy with carbon reduction at the core
As Net Zero Week 2022 draws to a close the race is on for businesses to acknowledge and action their carbon reduction plans.
It's Net Zero Week 2022
Achieving net zero is the answer to tackling climate change and this week is about businesses and households re-focusing on the 2050 target and how they can contribute to achieving net zero.
Meet the Experts
Maria Coleman
Office Manager
Simon Skillings
Head of Digital Journey
Jonathan Anstey
Head of Open Connect
Shaun Duplessis
Engagement Manager
Kay Thompson
Engagement Manager
Valeriya Tolmacheva
Commercial Finance Analyst
Chengai Ruredzo
Financial Controller
Tom Walden-Jones
CFO
Neil Cressy
Chief Revenue Officer
Paul Stott
Head of Product
Chris Gore
Partner Account Director
Cristina Ciocan
Associate Consultant
Andrew Paterson
Head of Commercial
Victoria Inverso
Senior Trader
Lisa Hodson
Engagement Manager
Andy Powell
Customer Account Director
Rob Aston
Customer Account Manager
Thenjiwe Ncube
Assistant Accountant
Irene Caballero Martin
Full Stack Web Developer
Justin Worthington
Customer Account Director
Chris Maclean
CEO
Ruari Cairns
Head of Risk Management
Carlene Goff
Customer Account Director
Tom Saunders
Senior BI Analyst
Helen Lind
Junior Business Analyst
Gail Marais
Engagement Manager
Honey Vakala
Engagement Manager
Kristy Rawlinson
Customer Account Director
Otto Terrell
Sustainability Executive
Donna Dean
Engagement Manager
Melinda Torok-Szabo
Customer Support Operations Manager
Alexandra Danila
Senior Customer Executive
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