We’re living in tough times and as business owners, we need to cut costs where we can. One way to reduce expenses is to see where you can save on your energy bill. From switching to a gas and electricity supplier who offers a better tariff to restructuring the way your business consumes energy – it’s very possible that this may be an avenue where you can loosen the margins on your budget. To source the best deals and to save stacks of time, we suggest that you consider enlisting the services of a professional business energy broker.
A business energy broker plays an intermediary role when it comes to connecting businesses to an energy supplier. Their knowledge and database allow them to reduce the amount of admin a client must do when searching for gas and/or electricity plans. They also have the knack for finding energy plans that have the best rates. And, in return, a business energy broker will claim a commission on the energy that the client uses.
Businesses generally request the services of a commercial energy broker so that they can save both time and money when securing a new energy deal.
Energy brokers work closely with energy suppliers. This relationship helps them secure their clients a better energy deal – possibly better than what they would achieve by themselves.
The services that commercial energy brokers offer can be extensive, however, the most common services offered include:
When you request the assistance of an energy broker, you will have immediate access to quotes from a broad range of electricity and gas suppliers. This means that you can avoid the tedious process of contacting each of the many suppliers for a quote. Most brokers also compile data from different quotes to create a format that makes it easy to compare business energy deals.
A commercial energy broker will administer the process of switching energy providers on your behalf. They will also handle the communications between your current supplier and the new energy company.
Many energy brokers provide a service where they send you a timeous notification to remind you that your contract is about to expire. This service will help you to avoid expensive rollover rates. Instead, your broker will, once again, supply you with a list of better deals that you can plan towards.
A good business energy broker will be able to consult you on how you can be more energy efficient within your business. This consult can include advice on consumption reduction and analysis. This way, you can potentially further save on energy costs, giving your company room to breathe.
Many consumers are wary of brokers but if you choose an accredited business energy broker, then you will be in safe hands.
Most brokers in the UK have signed up to a voluntary code of conduct. The Utilities Intermediary Association manages this code and has published a list of members on their website.
At the same time, Ofgem actively regulates the industry and is continuously issuing new by-laws for this market.
Finding the time, resources, and expertise to source the best deal can be a near-impossible task for amateurs. It requires an in-depth knowledge of the energy market, the pricing structures, and different contract terms.
Here are four reasons why requesting the assistance of an energy broker can be of advantage to your business:
With over 3,000 energy brokers servicing the UK, you won’t be short on options. Of course, you want to enlist the services of a reputable source – a source that’s ready to go the extra mile for your business.
At Simply Switch, we can connect you with the most trustworthy and reliable brokers in a matter of minutes. Please contact us for more information.