Joining forces to bring energy prices down

Billy Ingham Redhawk

Small and medium-sized businesses (SMEs) are the backbone of our economy, driving innovation, creating jobs and fostering vibrant communities.

Yet, despite their significant contributions, SMEs often face challenges accessing the same opportunities enjoyed by larger enterprises simply because of their size.

However, there is a solution: the energy basket. At its core, an energy basket deal harnesses the collective purchasing power of multiple SMEs to negotiate better terms and rates with suppliers.

By pooling their energy procurement needs, SMEs can leverage economies of scale and gain access to more competitive pricing.

This approach empowers SMEs to navigate the complexities of the energy market and ensures fairer prices and greater savings.

Once the energy basket is filled with the energy needs of participating businesses, Red Hawk can step in to facilitate purchasing with suppliers.

Through negotiation and partnership, Red Hawk works to secure favourable energy prices and terms that benefit all SMEs involved.

This collaborative effort transforms the energy procurement landscape, allowing SMEs to enjoy the advantages of bulk purchasing while mitigating the challenges of individual negotiation.

Joining forces with other businesses in the energy basket presents a compelling opportunity.

By partnering with Red Hawk and fellow SMEs, businesses can unlock better energy deals, level the playing field, and propel their growth and success in the competitive market landscape.

If you’d like to explore this option for your business, we’d love to tell you more.

Enjoyed this? Read more from Billy Ingham, Red Hawk Group

Latest news

1

Royal Navy launches Level 5 healthcare apprenticeship with University of Lancashire Royal Navy visit the theatre

Royal Navy launches Level 5 healthcare apprenticeship with University of Lancashire

02 Apr 2026

2

More acquisitions in the pipeline for Chesnara Steve Murray - Chesnara

More acquisitions in the pipeline for Chesnara

01 Apr 2026

3

East Lancashire Learning Group tops national achievement rate tables Lisa O'Loughlin

East Lancashire Learning Group tops national achievement rate tables

31 Mar 2026

4

The grate comeback of Butlers Gill and Matthew Hall

The grate comeback of Butlers

31 Mar 2026

5

Retrofit contractor appoints new social value manager Angela Jones Social Value Manager

Retrofit contractor appoints new social value manager

31 Mar 2026

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
AI & Cybersecurity Summit
AI and Cybersecurity Logo
Summit
28 Apr 2026

AI & Cybersecurity Summit

Dunkenhalgh House , Blackburn Road, Clayton Le Moors, BB5 5JP

08:30 - 11:00

Sub36 Networking - Outdoor Elements
Sub36 Outdoor Elements Logo1920x1008
Networking
29 Apr 2026

Sub36 Networking - Outdoor Elements

Outdoor Elements, Pump House Dean Wood, Trapp Lane, Burnley, BB12 7JD

09:00 - 11:00

LBV Magazine Networking Events - SAVE THE DATES
Jan/ Feb Networking Event - Talking
Networking
14 May 2026

LBV Magazine Networking Events - SAVE THE DATES

Lancashire

08:30 - 10:30

Funding Summit
Funding Logo Canva Mid
Summit
17 Jun 2026 - 17 Jun 2026

Funding Summit

Village Hotel Blackpool

08:30 - 11:00

RISE - a tailored 6 month leadership programme for women across the North West
WENDY BOWERS RISE Illustrstion copy.jpg.jpg
LBV Hub Seminars
15 Apr 2026 - 15 Apr 2026

RISE - a tailored 6 month leadership programme for women across the North West

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:00 - 15:30

The Business Network Central and East Lancashire
LBV Header (31).png.png
LBV Hub Networking
16 Apr 2026 - 16 Apr 2026

The Business Network Central and East Lancashire

Mytton Fold, Blackburn, BB6 8AB

11:30 - 14:15

Sickness Absence: key actions for your business
Logo.jpg.jpg
LBV Hub Seminars
22 Apr 2026 - 22 Feb 2026

Sickness Absence: key actions for your business

The Longlands Hotel, Carnforth, LA6 1JH

08:00 - 10:00

Freelancer Meet-Up April
April Freelancer Instagram size.png.png
LBV Hub Networking
23 Apr 2026 - 23 Apr 2026

Freelancer Meet-Up April

Society1 Coworking Space, Preston, PR1 3LT

10:00 - 00:00

Vibe Coding: "Who owns what when no one wrote the code?"
April PTC Banner.png.png
LBV Hub Networking
28 Apr 2026 - 28 Apr 2026

Vibe Coding: "Who owns what when no one wrote the code?"

Society1 Coworking Space, Preston, PR1 3LT

18:00 - 19:30

Dazzle & Decadence
Dazzle & Decadence TryBooking Header.png.png
LBV Hub Fundraisers
30 Apr 2026

Dazzle & Decadence

Ainsworth Jewellers, 57-59 Darwen St, Blackburn, BB2 2BW

18:00 - 20:00

Manufacturing for Tomorrow Club
Example.png.png
LBV Hub Seminars
30 Apr 2026 - 30 Apr 2026

Manufacturing for Tomorrow Club

University of Lancashire, Preston, PR1 2HE

09:00 - 11:30

Blackburn Beer and Gin Festival 2026
Blackburn Beer and Gin Festival 2026
LBV Hub Social
01 May 2026

Blackburn Beer and Gin Festival 2026

BB1 8NB

17:00 - 23:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV124 Online Graphic
Subscribe now

Weekly news bulletin