Business Energy Brokers & Utility Broker Service

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Do you need a business energy broker service?

For many businesses — particularly those with multiple sites and facilities — energy bills make up a large percentage of overheads, making them a priority when looking at ways to keep commercial costs low.

A simple solution is to switch your business energy supplier to get a better tariff rate. However, if you’re new to the world of commercial energy, or you run a large scale business with many variables to consider, finding the best deal requires a significant time investment.

This is where business energy brokers come in.

What do energy brokers do?

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 This is where business energy brokers come in. client uses.

What is a commercial energy broker?

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 energy broker to save time and money on securing a deal and making the switching process easier.

The pros and cons of using business energy brokers

Whether it’s a freelancer, a contractor or a consultant, there are upsides and downsides to hiring an external party to help with your business. The same is true for commercial energy brokers.

The pros

  • 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 and help you decide 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.

Things to consider

  • No broker can compare every supplier — It won’t be possible for a broker to compare prices for every single supplier in the energy market. If you’re looking for something more specific than a cheap rate — such as a clean fuel mix — you’ll need to make sure your broker works with suppliers that can provide it. You can see a full list of our suppliers here.
  • You’ll still need to make a decision — Working with a business energy broker means you’re off the hook when it comes to comparing prices between suppliers. However, you’ll still need to choose the broker themself. You’ll need to do your research to make sure you’re working with the right broker so you can get you the best deals on the market.

How our energy broker service works

At Love Energy Savings, we pride ourselves on our first-class customer service, making it effortless for our business energy customers to compare prices and secure the right deal.

Our energy broker service can be broken down into five easy to follow steps, then we’ll take care of the rest:

  • Call our friendly team of energy experts at 0800 988 375
  • Provide us with your business’s postcode and your estimated annual energy consumption
  • Locate your meter number(s). If you don’t have one to give us, we can find it for you
  • We compare a range of tariff options from a range of market suppliers for you to choose from
  • We manage all the details over the three weeks it normally takes for you to switch your contract so you don’t have to

If you’d prefer to compare the best business energy deals online instead, you can use our commercial energy broker service online.

Speak to
the experts

Call our team for a friendly chat at 0800 9888375 or fill in our contact form for an online enquiry.

Energy Brokers FAQs

  • What is an energy broker?

    An energy broker helps customers purchase energy from suppliers/wholesalers. By hiring the services of a broker, customers can secure more competitive deals than if they dealt with a supplier directly. Brokers will monitor an energy account and inform you when a contract is coming to an end — they’ll then assist with the switching process.

  • How many energy brokers are there in the UK?

    There are over 3,000 energy brokers in the UK today, but few have the credentials to get you the deal you need.

    If you’re in need of a business energy broker, make sure you research all your options to ensure you’re hiring the services of a reputable source. Learn about our journey to becoming one of the UK’s most trusted energy comparison services here.

  • Do you need a licence to be an energy broker?

    No. An energy broker will secure a deal for you and manage the relationship between customer and supplier. However, as they do not directly involve themselves in transporting or distributing energy, a broker does not need the same licences as a supplier.

    That said, a reputable broker will adhere to a code of practice that ensures you get the best service possible. This means they’ll be transparent about how they work and the suppliers that they work with.

    If you’d like to learn more about business energy brokers and how Love Energy Savings can help you get the best deal on your commercial energy, get in touch with our team today.