Noveus Energy’s consultants negotiate a lower cost power contract for VP Packaging’s factories in Rotherham and Kettering.

Our Client

VP Group are leading European manufacturers of padded envelopes, bubble bags and bubble wrap. The group celebrated their 125th anniversary in 2021 and they are currently celebrating the 40th anniversary of the VP Packaging business in the UK.

Our Approach

Noveus Energy’s client fees are always transparent.  We were able to help VP Packaging establish what fees their previous consultant were receiving and we were able to agree a revised fee giving the client a more sophisticated consultancy service at a lower cost. Noveus Energy ran competitive tenders and encouraged a long list of suppliers to quote and rebid. 

In order to maximise VP Packaging’s options, suppliers were encouraged to offer “fixed-price” and “flexible” offers.

The Results

  • Noveus Energy ran a supplier tender in early 2024, attracting quotes from seven suppliers and analysed a total of 46 different bids and rebids
  • As part of the tender, Noveus Energy helped suppliers understand VP Packaging’s business and navigated the suppliers’ credit checks successfully
  • Noveus Energy presented the contracts offered to VP Packaging, compared the costs of “Flexible” and “Fixed” price contracts and VP Packaging chose the contract most suitable for their clients
  • Noveus Energy reviewed the terms and conditions of the short-listed suppliers and discussed them with our client
  • The winning offer gave VP Packaging a material saving compared with the contract they had signed two years previously thanks to:
    – Lower wholesale prices, and
    – A reduction in the margins and risk premia added by the supplier

    Testimonial

    “Energy costs are very important to VP Packaging.  Working with Noveus Energy we trust them to secure the best deal for us and be responsive when we need expert energy advice.”

    Martin Russell, Director

    About Noveus Energy

    Noveus Energy are boutique consultancy only working for a limited number of clients thereby ensuring consistent high-quality delivery. We are 100% committed to fee transparency.  

    For data centres our key areas of expertise are: facilitating large power connections, negotiating large power contracts and sourcing different types of green electricity. We see ourselves as part of your team providing strategic energy advice, support and delivery and leaving you free to run your business. Our reward comes from professional satisfaction and an exceptional high client retention rate.

    If you’d like to discuss how we can help your business please click here.