What is a Letter of Authority or LoA?
A Letter of Authority (LOA) is a legal document that allows customers to authorise someone to act on their behalf within agreed limits. They are often used to create an agreement between three or more parties.
LOAs give customers confidence that the person they’ve appointed knows what they are authorised to act upon, whether it’s account information, billing details, or personal information related to their business.
Why do we need an LOA?
A completed LOA is crucial for us to switch your energy tariff, as it gives us permission to terminate your current contract and liaise with your current supplier on your behalf.
However, LOAs are not only used in the energy sector: they’re also recognised legal documents that apply to a number of sectors, including financial and medical.
What does a Letter of Authority look like?
All LOAs should follow a standard format, including correct grammar and in-depth details regarding the concerned parties. Accuracy is key when completing an LOA, as any mistakes can be time-consuming to rectify. Here are some tips to remember when filling in your LOA:
- Make sure you use paper with your company letterhead printed on it. Without the right letterhead, we may need to carry out background checks to verify your business before we can proceed.
- Include your full registered company name, address and postcode. A registered office address is required.
- Make sure your LOA is authorised by the correct person to ensure we have the permission we require to proceed.
To make your energy switch easier for you, here’s a copy of our LOA template so you can take a closer look at what a Letter of Authority looks like.
Love Energy Savings act on your behalf
At Love Energy Savings, our job is to find you the best possible deal on your business energy and ensure a smooth transition to your new supplier. But before we can begin, we need a Letter of Authority.
With a signed LOA, you’ll be assigned a personal account manager from our team of experts who’ll have the authority to manage any administrative tasks for you to make your switch as easy as possible.
You're not signing your life away when you submit an LOA; it’s simply a standard process across the industry that gives us the permission we need to speak with suppliers on your behalf. We are committed to being completely transparent with how we operate at Love Energy Savings, which is why asking you to sign an LOA gives you peace of mind that we are working with your best interests at heart.
Find your LOA in your welcome pack
We’re always looking for ways to make our customer’s lives easier at Love Energy Savings, which is why we provide you with our own Letter of Authority: you don’t have to go to the trouble of writing your own.
Our LOA explicitly states that while we can gather information, negotiate and submit a notice of termination on your behalf, we do not have the right to agree on a contract without your consent. This means that the only contracts you will be agreeing to are ones which you have hand-picked yourself.
We include our LOA in your welcome pack, which we’ll send to you after your initial enquiry, so you’ll have everything you’ll need to ensure a quick and hassle-free transition process.
All you need to do is print out our Letter of Authority on paper with your company letterhead and have it manually signed by an authorised signatory from your business. Then scan and email to us or pop it in the post and you’ll be on a cheaper energy tariff in no time.
If you are still unsure about anything – whether it is to do with your LOA or any other aspect of your switch – don’t hesitate to get in touch on 0800 9888 375.
Or if you’re just curious about how much money you could save on your energy bills by switching provider, take a look at our free energy comparison tool to find the best deals. All you need to do is enter your postcode and see how much you could save!