Business Energy Brokering Explained
A business energy broker is a B2B agent in a deregulated energy market who acts as an intermediary between the energy suppliers and business energy consumers. The broker’s role and scope of responsibilities in business and commercial energy sales are similar to an estate agent’s role in home sales.
What the broker can do for businesses
The business energy broker does not have the overheads or the same workload as the energy supplier. The supplier, however , passes low prices for electricity and gas to the broker that benefits the business owner.
What about the Suppliers?
Unlike the suppliers, brokers never actually own the business electricity or business gas traded between the parties, or the means of producing or consuming that commodity. They act on behalf of one or both parties in the transaction, earning a commission on the sale itself rather than a percentage of the total sale’s value.
In addition to assisting with energy contract transactions and negotiations, an energy broker may also perform duties ranging from solving complex billing issues to helping customers with financial difficulties.
We are the Broker for You
Business energy brokers in the UK like us at Utility Renewals have the ability to offer energy prices based on factors such as the customer’s usage and preferred supplier.
So for any kind of business from a new start up to SME to a large commercial property, Utility Renewals are perfectly placed to compare electric and gas prices for all.
We are a premier broker to the big suppliers because we are important to their success. We help them to build their customer base and they pass on low prices that we pass onto you.
Call now on 01282 695565 for a free quote or to find out more about what our business energy brokers can do for you.