Energy brokers work closely with energy suppliers and use that relationship to secure their customers a better energy deal than what they achieve by themselves.

A broker will do everything they can to ensure their client receives the best possible deal and in return will claim a commission on the energy that the client uses.

A commercial energy broker helps compare business energy prices from a number of suppliers, helping their clients get the best deals. Businesses use a commercial utility broker to save time and money on securing a deal and make the switching process easier, especially if you’re a larger business with half hourly meters installed.

Business energy brokers offer a range of different services from comparisons to assistance in managing energy consumption.

Common services offered by business energy brokers include:

1. Whole of market energy quotes

When you compare with an energy broker, you will have immediate access to quotes from a wide range of energy suppliers. This avoids the time-consuming process of going from supplier to supplier obtaining business gas and electricity quotes yourself.

2. Management of the switching process

Your energy broker will handle the process of the switch on your behalf by communicating with your current and new supplier. This includes arranging a date for your switch and ensuring your new bills will be accurate.

3. Contract renewal reminders

If you choose Love Energy Savings to handle your business energy comparison, we will contact you towards the end of your new contract to ensure you can stay on the best energy deal available.

This service will ensure you can avoid costly rollover rates and never overpay for your business energy again.

4. Energy management advice

Your energy broker can assist you with energy efficiency, consumption reduction and analysis. Using access to your usage data, your broker provides advice on ways you can manage your business can manage its energy costs.

You may feel that going directly to an energy supplier cuts out the ‘middleman’, but in the case of energy procurement, this doesn’t actually benefit your business. It can be extremely time-consuming to procure your energy directly from a supplier, as you’ll need to contact each one and supply your business’ details to get a quote. Then you have the task of comparing each one to find the best solution for your needs. When you use a broker, they do all the hard work for you. As specialised intermediaries, they will likely be able to procure better rates that are better suited to your requirements. And, if you have any issues, you should have a direct point of contact at your broker. 

• Gain a better understanding of the market — Working closely with a commercial energy broker will help you learn about your energy profile and give you a birds-eye view of the industry as a whole.
• Industry expertise —You’ll learn the best practices to keep your energy bills to a minimum with a breakdown of how you are using your energy and where you can make cutbacks.
• Stay on top of your contract — Your energy contract may not be at the top of your to-do list but to a commercial energy broker, it’s their priority. Your consultant will let you know when your contract is coming to a close to help avoid rollover contracts, as well as assist you in deciding whether renewing or switching is your best option.
• Save time — Whether you’re a start-up or an established company, your time is valuable and is better served driving business than comparing energy prices. By working with a business energy broker, they’ll do all the legwork for you, finding you the best deals while you focus your attention where it needs to be.
• Get a better bottom line — Brokers work closely with a number of suppliers, both high-profile and independent. Thanks to these working relationships, a broker can naturally haggle a better price on business energy rates than a regular customer — giving you the best rates available.