Track the live trading positions of the Open Performance Fund against the market
Tonnes of CO2e we have helped our customers save or offset to date
Tonnes of CO2e Saved
Tonnes of CO2e Offset
Energy costs saved from successful applications to government exemption schemes
OEM have a fast-track onboarding process via an online ‘Letter of Authority’ available to sign in the Open Platform
In addition to viewing your consumption charts for half hourly data, you can now access non half-hourly charts, giving you a visual snapshot of your meter activity
Could you be overpaying for your meter supply? We automatically detect and highlight potential savings opportunities based on your agreed capacity and demand
Share your energy purchasing goals with us, and we can tailor a bespoke Risk Management strategy for your business
The energy world can be a jungle. Bulls. Bears. Danger at every turn. Rest assured - our traders are alerted when it’s time to take action
Store and manage your PP11 forms and apply the correct CCL discount to your meters
View a year-on-year comparison of your half-hourly consumption for each meter, along with any missing half-hourly readings for the period
Manage your energy documentation with ease, using our improved archive. View version histories, and add tags to easily locate your files
How sustainable is your business? Analyse your emissions, download your SECR report, and watch as your initiatives reduce your carbon footprint over time
Help us change the energy industry - one idea at a time. Our ‘Open Ideas’ page makes sure that your voice is heard
OEM's Summer 21 fund prices, for both power and gas, have outperformed the 12-month market average once again. Our fund customers are paying £7 per megawatt hour (MWh) less on their electricity bills and 5p per therm (ppt) less on their gas bills compared to the market average. As a result our fund members have saved thousands on their power and gas in comparison to the market average.
We're confident our fund prices will not be beaten, how much could you save in the Open Performance Fund?
Find out more about the Open Performance Fund here
Last updated: April 2021
The TCR changes will cost unprepared businesses thousands.
Ofgem is changing from the current ‘triad’ charging methodology to an updated ‘banding’ ﬁxed charge approach. If your kVA is set at a level higher than required, you may pay unnecessary network costs for energy you do not need. Reducing your kVA sensitively according to your proﬁle and consumption may sit your business in a lower 'band' which can save up to £51k per meter per year.
Want to know more about how your business will be impacted by the TCR changes?
OEM are providing a no-obligation TCR report bespoke to your business where we identify the cost implications and how to sensitively reduce your consumption to a lower band.
Ensure your business avoids increased network costs, enquire today for a no-obligation TCR report.
Last updated: February 2021
The ‘Take or Pay’ clause leaves businesses susceptible to penalty charges if their consumption is 20% under or over their contracted energy usage.
If your consumption has dramatically increased or decreased over the last 18 months, it will require action to be taken if you are in a fixed contract, to avoid penalty charges.
OEM are raising awareness of the ‘Take or Pay’ clause and volume tolerances often included in the fine print of fixed energy contracts.
If your energy consumption has changed and you are concerned about additional charges, contact us today for no-obligation advice.
Last updated: December 2020
The Winter 20 season kicked off with our trading team securing our ‘Open Performance Fund’ members a 10.3% saving in comparison to the 12-month market average.
Have you considered OEM’s fund, rather than a fixed energy contract?
Our 'Open Performance Fund' allows it’s members to benefit from wholesale power market prices.
The fund is live and performance is easily monitored with 24/7 access through the Open Platform - there's no hiding place for the trading desk.
Read more about the Open Performance Fund here
Last updated: November 2020