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Tax Strategy
SION Group Holdings Limited
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Do you work with Brokers?We do work with brokers – but we do not deal with brokers who predominantly operate with micro-businesses or SMEs.
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Do you work with independent generatorsYes, we embrace independent generators and operate PPA's through both Sleeving Agreements and directly to integrate renewable energy into our customer supply positions.
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My organisation doesn’t use the services of a Consultant/TPI, so can I deal with you directly?Yes, we supply customers of varying sizes that deal with Evolve Energy directly.
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How can you help us convert more of our customers to flexible purchasing arrangements to mitigate commodity exposure?We certainly can help you. Even though we cannot advise you when to purchase energy, we have tools and software that can be provided to help inform your decision. We will also support you in explaining the different mechanisms that exist.
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How do you onboard a major customer portfolio and how do you keep risk to a minimum?Moving a portfolio from an incumbent supplier can be a cause for concern. However we want everyone in the process to feel confident. Transfer readings form a big part of the Consultant and Customer’s consideration in transferring energy supplier especially for large multi-site portfolios. Evolve Energy, for example, can provide details of the D0086 electricity transfer readings to demonstrate that we will always raise our invoices to these readings despite the outgoing supplier often using estimates. This empowers our Partners to validate invoices which we consider to be vital for them to know that our billing is accurate.
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My client cannot access a long-term flexible framework because of their credit position – can you help?If your customer wants to protect their commodity exposure and purchase energy on a long term horizon but they cannot access a long term flexible framework because of their credit position, we’re often able to help. We will explore numerous options to give the customer what they want if we can mitigate our credit exposure. This can include cash margining to cover the mark-to-market risk and advance payment or a combination of both.
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Can you integrate Sleeved PPA's into a customer supply positionYes, we do operate Sleeving Agreements with customers who have their own bilateral PPA's with renewable generators.
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Can you facilitate Licence Exempt Supply?Yes, we support renewable generators who are partly exporting under a Class - C physical private wire arrangement as well as time matching demand to generation under a Class - A virtual power plant exemption.
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What is industry modification P442?P442 was the Elexon modification for finding an enduring solution for treating licence exempt volumes into industry settlement. Evolve Energy sat on the industry work group that shaped the solution which Ofgem approved on 8th May 2024.

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