Frequently Asked Questions about your energy basket
Welcome to our Energy Basket FAQ page – here to help you understand everything you need to know about joining and benefiting from our group energy procurement solution.
Our Energy Basket brings together organisations across the UK to combine their energy needs and secure stable pricing, greener energy and expert procurement support.
If you don’t see your question here, our team is always happy to help – just get in touch.
Will I know my pricing before signing up?
By joining the basket early, you’ll benefit from the collective purchasing power of the group. However, final pricing is not confirmed until September, just before the contract begins on 1st October 2025.
This model allows our energy experts to monitor the market and secure the best possible prices based on live conditions. While this requires a level of trust, our energy basket has delivered long-term price stability, with a 98% retention rate over 10 years.
Your final rates will be locked in annually on 1st October, giving you predictability for the next 12 months.
How long does the basket run for?
The basket runs for 5 years, from 1st October 2025 to 30th September 2030. You can join at any point and benefit from competitive pricing and expert contract management throughout the term.
Can I still use my preferred supplier?
The basket supplier is selected through a competitive tender process, designed to achieve the best value, service quality, and compliance. While you can’t choose a specific supplier, rest assured the awarded provider meets stringent industry standards and delivers reliable, cost-effective energy solutions.
What if my current energy contract ends before October 2025?
No problem. We offer interim contracts to bridge any gaps between now and the basket start date. This ensures you aren’t locked into an expensive short-term deal and can smoothly transition into the basket.
How do I ensure that my organisation pays the correct amount of VAT?
Any organisation that is entitled to a reduction of VAT will be able to complete forms that will have this removed from their bill. They will not be affected by being in a basket with others who pay the full amount.
Why have other energy baskets not worked in the past?
Not all energy baskets are created equal. Common issues with other schemes include:
Lack of transparency on pricing or procurement methods
Limited sector focus, excluding some organisations based on size or type
Rigid structures that don’t allow for flexibility or early exits
The 2buy2 Energy Basket overcomes these pitfalls by offering flexible joining terms, interim cover and a carefully vetted supplier who meets the needs of schools, charities, leisure providers and SMEs alike.
