Switching a business energy supplier is an excellent way a company can save money on operational expenses. Most companies prefer to deal with brokers rather than go through the process themselves. Brokers help simplify the steps and make it easier for companies to find the best deal that suits their needs.
But you have to be aware of the fact that every business tariff gets calculated according to the needs of your company. In many ways, working with a business electricity broker can also assist you in answering some of the concerns you have regarding energy tariffs. To help you with switching from one supplier to another, it is also vital to compare the services of each broker. Here are some of the commonly asked questions when dealing with them.
What is the difference between getting an energy quote for your home and for your business?
Getting an energy quote for your household is as easy as checking online for the rates. However, it does not work quite the same when you are looking for quotes for your business. When you contact individual suppliers for business tariffs, you’ll receive different information which can be time-consuming to compare. If you work with a broker, they will consolidate the information for you so that you can get the big picture right away. But as a reminder, work only with a broker who can give you actual estimates.
Will brokers give you tariffs from all available suppliers?
Some brokers work specifically with certain suppliers only. But you can find a few brokers that have access to the entire market and will give you choices from the top suppliers out there. Before working with a particular broker, ask which suppliers they will get quotes from so that you know exactly what to expect.
How do brokers compare energy prices?
Every broker will give you a breakdown of standing charges and the per unit cost of energy. Aside from comparing the prices of offers, you also need to consider other parameters. For example, check how well the supplier is doing regarding customer satisfaction. You need to assess the supplier’s complete business practice to ensure that you are getting your money’s worth. Sometimes, it is worth it to pay a little bit more if you know you are getting excellent-quality service from your supplier.
Am I getting correct information and actual prices when working with a broker?
Reputable brokers comply with regulations set by the Office of Fair Trading. They are also governed by consumer protection laws, so you don’t have to worry about the accuracy of the information you get. But for precaution, always check the credentials of the broker you are working with.
How do brokers charge for their service?
Some brokers charge by asking you to pay a flat fee for their services. Before you agree to pay any fees, make sure that you are aware of how much you will pay overall before you sign a new contract with a new supplier through the help of your broker.
