WME 2023/24 Energy Prices Amongst the Lowest in the Public Sector: A Testament to Consistency and Value

In an impressive display of consistency and value, West Mercia Energy (WME) has once again been recognised for its competitive energy prices across the public sector. Independent analysis of public sector energy costs for 2023/24 has highlighted that WME’s public sector customers are ranked in the top 25% for the lowest energy prices, a remarkable achievement for the third consecutive year.

Top Quartile Performance

The annual report, published in July by Box CIC, evaluated over £4.3 billion in energy expenditures from more than 400 public sector organisations. The data, sourced via Freedom of Information requests, revealed that WME’s customers within their core flexible purchasing basket continue to enjoy some of the most competitive rates available. This consistent performance highlights WME’s dedication to delivering long-term risk management, and value for money.

Outstanding Savings

WME’s internal analysis further supports Box CIC’s findings. It shows that all WME customers within the core flexible purchasing basket rank within the top 25% for the lowest energy rates. When considering the average prices paid across all Local Authorities in the report, WME’s core basket also ranks excellently. A review of combined gas and electricity prices for 2023/24 reveal that WME’s customers are paying approximately 12% less than the average.

Taking a broader view over the past three years, from 2021/22 to 2023/24, WME’s customers have enjoyed costs that are 24% lower than average. This translates to a substantial saving of over £68 million over the three years.

Expert Opinions

Commenting on these results, Gavin Owen, WME’s Head of Business Development, added: “We are delighted that our customers rank amongst the cheapest rates yet again in this report. To be within the top 25% for the third-year running is a testament to the management and delivery of our flexible, risk-managed energy procurement strategy, which is delivering consistent value for money and financial protection in what remains a volatile market.”

A Proven Strategy

WME’s fully flexible energy procurement is facilitated through their PCR Compliant Flexible Energy Frameworks. This approach ensures that customers benefit from a risk-managed strategy that adapts to market changes while maintaining cost-effectiveness.

More details on WME’s flexible frameworks can be found at: westmerciaenergy.co.uk.

For more information on how you can take advantage of WME’s fully flexible, risk-managed energy procurement, please visit, westmerciaenergy.co.uk, or contact them at: customerservices@westmerciaenergy.co.uk.

The full Box CIC report, based on freedom of information requests and published accounts information, can be found on the Box Power website at Box Power | Award Winning Energy Services