TEC’s 2024/2025 Annual Report

Date: January 23, 2026

TEC’s 2024/2025 Annual Report

TEC’s 2024/2025 Annual Report captures a year of collaboration and cost savings

Our Annual Report outlines a successful year for TEC and its members despite an increasingly challenging landscape for the higher, further education and GLAM sectors.

Through the continued strength of group buying and enhanced shared services, TEC delivered significant value for its membership, achieving a double-digit return on investment for the fourth consecutive year. TEC’s hedging strategy also played a critical role in providing price stability, despite upward pressure from non-energy costs on budgets.

Highlights from the report, include:

The Year in Numbers – showcasing significant savings delivered across the membership
Highlights of the Year – key successes achieved by TEC and its framework partners.
Carbon Reduction Update – progress on low-cost, short payback initiatives
Looking Ahead to 2026 – Managing Director Adam Clarke outlines the challenges and opportunities ahead

Adam Clarke, Managing Director of TEC, said: “A big thank you to our members, framework partners and our Board for their continued support and collaboration. Despite unprecedented financial pressure across the sector, our members remain committed to deliver their energy and carbon targets. Looking ahead, our unrelenting focus remains on reducing energy costs, consumption and carbon.”

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