Inspired Energy PLC (INSE)

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Company Description

Inspired Energy PLC, incorporated on May 19, 2011, is a provider of energy purchasing and energy consultancy services to corporate energy users. It advises on and procures energy (gas and/or electricity) contracts for its customers with energy suppliers throughout the UK. The Company generates commission based on the customers energy consumption, subject to a minimum consumption level. The Company offers three services to its customers: Energy Review and Benchmarking, Negotiation and Bill Validation. The Group's team of energy analysts review the historical energy consumption and purchasing on behalf of clients in order to understand and analyse the client's energy needs. Based on the agreed tailored purchasing strategy the analyst team will negotiate, on the client's behalf, with energy suppliers ensuring that the client has a choice of the appropriate energy contracts available in the market. Within the Group the bureau team is responsible for the administration of new energy contracts. In addition, the Group offers a bill validation service to all clients. Experienced bureau managers, utilising a bespoke end-to-end contract management IT platform, analyse each client's energy bills throughout the period of their contract, confirming that usage, pass through charges and tariffs are all correctly charged to their energy supplier...