Commercial energy brokers uk
With the recent action taken against Big 6 energy supplier SSE for mis-selling to domestic customers, thoughts turn to the effects on the business energy market. Here we provide a step guide to what you can expect from a reputable broker.
That is good news for those businesses who are engaged with reputable, proven and transparent intermediaries but a potential source of mis-selling for those hoodwinked by nefarious selling tactics from the less reputable entities.
As a result a business energy customer has to be on the lookout for two potential sources of mis-selling. As in the domestic market, the direct sales teams of commercial energy brokers uk suppliers are not beyond employing a trick or two to entice you into an uncompetitive contract.
But the apparent brokerage saviour riding over the hill could be a TPI from hell too. The key is to choose your TPI with care, following a few basic steps to ensure your broker, supplier and contract worries can be a thing of the past in one action. This code audits the behaviour of its participants through a set of guidelines that ensure a high standard of service for customers.
If commercial energy brokers uk broker is found to be working outside of these guidelines and not meeting the standard set by the TPI Code, they could be removed from the Code and risk their reputation in the market and will have the rights to sell supplier products and tariffs removed. Not a good position for a broker!
Utilising the services of a reputable energy broker is always advised to ensure that you are getting the best deal to suit your business requirements, that you are getting independent energy advice enabling you to save time and money through not having to call individual suppliers themselves and being sold an uncompetitive rate. Given the benefits, choosing the right TPI for your business can be a minefield, get it wrong and it can be costly. Get it right and the best energy deals for your business are just commercial energy brokers uk call away.
Here at Business Juice, we and our customers, are confident that we are unparalleled in our service offering and would welcome the opportunity to commercial energy brokers uk you to a new way of securing your energy contract or providing you with a safe haven from the worst aspects of the energy industry. Your email commercial energy brokers uk will not be published.
Would you like to speak to one of our advisers commercial energy brokers uk the phone? Contact our Energy Experts for Advice or a Quote. If you would like to request a call back, just submit your details using the enquiry form and we'll be in touch shortly.
Please leave this field empty. Mis-selling is not just a domestic problem… With the recent action taken against Big 6 energy supplier SSE for mis-selling to domestic customers, thoughts turn to the effects on the business energy market. Here are our top ten tips on choosing an energy broker: A simple first step. We, at Business Juice, are members of the code; in fact we were founder members and are proud that one of our company board was appointed as Code Manager in If they only work with three or four then you are not going to get a fair view of the market or the best deals available.
Choose a broker who represents the market through a whole range of suppliers including the Big 6 and smaller business-only suppliers. Ideally you want to work with a broker who has the entire market in their portfolio. Happily Business Juice do, so you can be sure whenever you contact us we have the entire market to search from to secure you the most competitive contract possible.
Do they require you commercial energy brokers uk sign a contract with them? Do they charge you directly for the services they offer? Do they disclose the level of commission they may receive from energy suppliers for placing your contract? Happily, here at Business Juice commercial energy brokers uk would commercial energy brokers uk require you to sign a contract with us or levy a direct charge on you for our services and we will always let you know the level of commission we may receive from an energy supplier on request.
These are critical to providing you with freedom of movement at the end of your contract. But that is it, know these and the opportunity will follow. Unfortunately however unscrupulous brokers use these critical dates to pressurise customers into needless actions. Be warned though, they will incessantly call you. Your best defence to such tactics? The calls will miraculously stop! They should also compare your new contract with your current one and highlight any savings or increases as well as comparing to other offers in the market for your supply.
An LOA enables your broker to act on your behalf in negotiations with the energy suppliers. Make sure the Letter of Authority makes very clear what you are giving them permission to do and if you are in any doubt, ask for clarification.
If you are not happy, again walk away. You can request, and should be granted, access to the recording but in the normal course of commercial energy brokers uk you must receive a confirmation email of your contract agreement shortly after your call. If you do not receive this then you must contact your broker and demand to know why. Your new commercial energy brokers uk may reject your application for incomplete or inaccurate records or even credit reasons. Your current supplier can object to your transfer for similar reasons e.
If this happens your broker should contact you straight away and work with you to actively resolve the issue. This should involve them potentially offering alternative deals that are better suited to your position. If no help is offered you should walk away and visit a more reputable broker, failure to do so could land you on expensive out of contract rates.
In addition you should expect them to be signed up to the TPI Code of Commercial energy brokers uk and offer commercial energy brokers uk own customer charter where they make clear exactly the level of service and commercial energy brokers uk they are offering to commercial energy brokers uk. If any of these elements are missing you are well advised to walk away. A bit of homework at the start of your relationship can lead to significant cost and time savings for your business over many years commercial energy brokers uk come.
Let Energy Solutions take the hassle out of your energy procurement. Let us scour the energy market to find the right utility contracts for you, deal with any supplier issues, and reduce your energy usage, whilst saving you time, money and trouble. Many facilities managers and financial directors manage their own energy portfolio.
To help you get the best deal, we've created a brief step by step guide to energy procurement. We undertake the complete tender process on your behalf and always be on hand to answer any queries you may have, during the procurement process and for the life of the contract.
Once your new supply contract has been selected, we will handle your day-to-day energy requirements, from reconciliation with existing suppliers and the transfer of contracts to energy related queries and ongoing collection of consumption data. This would include meter operator agreements, connection operator agreements, HH and AQ data checks to commercial energy brokers uk actual consumption reflects contracted consumption and so on.
Whether you are looking at fully flexible, downwards only or fixed price contracts, we can help you commercial energy brokers uk the right option. As specialist energy consultants with over 21 years experience in energy procurement we can help you and your business cut through the jargon and red tape and secure the best rates. Energy Solutions can scrutinise commercial energy brokers uk existing energy contract to find better deals, cheaper suppliers and more flexible buying strategies whilst making sure that your energy is correctly billed with the right tariffs and metering we find many cases where companies are wrongly billed and overcharged.
Learn more about gaselectricitywater and corporate energy procurement. Energy Commercial energy brokers uk Commercial Energy Brokers. Call Us Today Commercial energy brokers uk About Guides News Contact. Electricity Gas Water Intelligence. Commercial Energy Procurement We save you time and money Let Energy Solutions take the hassle out of your energy procurement. Do It Yourself Many facilities managers and financial directors manage their own energy portfolio. Create a complete list of all sites that will be covered, including supply address, the full MPAN and MPRN, contract renewal dates, annual consumption and current supplier.
Divide those sites into three groups: Your current supplier should be able to provide 12 months HH usage data for all applicable sites. Calculate the total consumption and expenditure for each group. Be aware that suppliers will want to talk about your credit status, deal with any issues that may arise.
Estimate any savings you expect to achieve with regard to energy reduction and control. Send your tender to the suppliers. Be aware that some suppliers only supply HH sites, some only supply NHH sites, some only supply gas and so on.
Be prepared to contact each company more than once, where different departments work on different fuels. Review the terms and conditions from each supplier — price should not be the only consideration. Review all supplier options — smaller suppliers can sometimes offer surprisingly good deals. Review the suppliers commercial energy brokers uk are considering, including the ways that can assist you reduce commercial energy brokers uk energy usage.
Deal with any issues raised by the incumbent and new suppliers to ensure that the contract progresses as expected. Ensure that all metering contracts are up to date, that supplies have been specified correctly and the right size and type of electricity, gas and water meters are installed. Validate all bills and chase suppliers for any refunds that may be due. The Energy Solutions Way We undertake the complete tender process on your behalf and always be on hand to answer any queries you may have, during the procurement process and for the life of the contract.
Send us a list of your sites along with a signed letter of authority. We gather all the information required from suppliers, undertake the full tender process, including recommendations on contract timing. Review our recommendations and choose a supplier. Ensure the smooth running of all energy negotiations Be the key link in all communications between You, Your Suppliers and other Third Commercial energy brokers uk Identify and resolve all your procurement queries and solve them to your satisfaction Identify future trends within the market place and make recommendations of how best Energy Solutions can meet your purchasing needs.
Maintain a personalised and consultative service through a successful business relationship. All of these services are provided to you with no direct charges We are paid via a commission from the energy suppliers — all prices quoted are fully inclusive of all costs.
How Energy Solutions can help you Energy Solutions can commercial energy brokers uk your existing energy contract to find better deals, cheaper suppliers and more flexible buying strategies whilst making sure that your energy is correctly billed with the right tariffs and metering we find many cases where companies are wrongly billed and overcharged. This is how we help medium to large enterprises save tens commercial energy brokers uk hundreds of commercial energy brokers uk.