If you run a small or micro business, you may not even have the ability to find the best business energy deals. A business energy broker can assist you in this process and potentially save you time and money.

What is an Energy Broker?

A business energy broker is an individual or company that acts as an intermediary between you and your business energy supplier. The job of energy broker is to find the best business energy rates for your business. This is a great option if you are looking to reduce your energy bills.

Energy brokers help businesses navigate the energy market. The main job of an energy broker is to find and present the best energy deals to their clients. In addition, they maintain relationships with their customers and responsible for informing customers when their energy contracts expire.

Finding the right commercial or business energy supply and knowing when to switch can be a hassle for your business. Staying on top of the energy market and switching between energy suppliers to find the best deals has many benefits. Working independently is possible, but it requires a lot of time and resources.

If you feel your business doesn’t have the time or depth of knowledge to ensure you get the best energy deals, an energy broker may be the best fit for your energy needs. Get a free quote today on our website i-e: www.betaenergydirect.com.

Business energy brokers vs energy consultants

If you are looking for a business energy broker, you may also come across the services of an energy consultant. It’s a good idea to understand the differences between the two to ensure you choose the right option for your business.

Business Energy Brokers can help you save on business energy by securing new rates.

Business energy consultants, on the other hand, offer a more comprehensive service that includes ongoing advice on how to manage energy use and strategies. Consultants typically work with large companies.

Some corporate energy brokers may also offer certain consulting services.

How Energy Brokers Find Savings for Clients 

1.      Procure the Best Energy Pricing

Energy brokers have access to best-in-class market intelligence data and monitoring software so they can accurately compare prices across multiple business utilities. See in real time which providers are offering the best deals for your business as energy prices rise and fall. Being able to reduce markdowns can make a big difference to your overall energy spending. Suppliers will be forced to compete for, ultimately reducing costs. This element of competition is absent when the average customer approaches a supplier alone, because the supplier knows that the customer does not have the resources to effectively negotiate the best price.

Energy brokers are also likely to deal with multiple customers at the same time, so suppliers may have an incentive to offer the best prices and tap into multiple business streams. If the average customer comes forward, the supplier only gets him one source of business. That is, there is no same urge to lower prices.

2.      Provide an Energy Management Strategy

In addition to understanding your current energy needs, it is also important to anticipate your future energy needs in order to secure the best energy contracts for your business. Energy brokers consider the nuances and potential growth of your business when securing the best deals for your business. This helps keep costs low not just now, but in the long run. The cheapest option may not be the best for long-term growth. Business energy brokers know how to weigh the pros and cons of each provider depending on your needs. 

3.      Monitor Supplier Contracts and Tariffs

Energy brokers monitor contracts and invoices with suppliers to ensure that the correct amount is charged for the energy used. Also, in the event of a dispute, an agent will help resolve the issue on your behalf. Additionally, the broker stays ahead of the rapidly changing world of deregulated energy markets by keeping track of regulatory changes, the latest technological advancements, and new fee structures.

Each contract sets the amount to be billed for the energy used, and energy brokers can verify that they are actually being billed according to the contract. The supplier should amend it in a timely manner. Sometimes we make mistakes in the form of markup or billing errors. Brokers are experts at spotting these discrepancies and have the necessary skills to help clients get back the money they owe. You may not notice it for months or years. I keep it in Many businesses don’t think about these details until they’re faced with extra charges that they could have avoided in the first place.

In addition, brokers keep abreast of all energy rate changes and ensure that customers are operating at the correct rates. It also helps businesses use energy so that they can qualify for certain incentives depending on the rate.

Advantages of using a business energy broker?

Investing in working with an energy broker can save your business thousands of dollars, but understand that you may not know if this is the right choice for you if you don’t know exactly what your energy broker does.

Energy brokers are experts between clients and energy suppliers. Brokers do not sell energy directly:

• They offer wholesale rates and use their expertise to find the best deals for your business.
• The main reason to hire an energy broker is to compare business energy prices from various energy suppliers.
• Energy brokers maintain relationships with multiple energy suppliers. Then analyze this list to find the best supplier for your business.

Brokers usually take into account factors such as price, market trends and contract terms. That way, they can make professional decisions about what’s best for your business.

Another service that energy brokers offer is in-depth market knowledge. Energy procurement may be something that you do not have enough expertise in within your business. Therefore, it is better and cheaper for you to outsource this work to another company. This way you can let someone who has the market intelligence take care of your energy deal.

• Cheaper

Energy is one of the biggest costs for businesses, and prices continue to rise. Business Energy broker can help you pay less and use less.

• Easier

Not everyone is an expert on energy prices or energy markets. A professional energy broker gives you access to market expertise without adding overhead to your business.

• Less time consuming

Managing invoices, contracts and suppliers can be complicated. Energy brokers can do this for you, so you don’t have to worry about making mistakes.

What we do here at Beta Energy Direct

We provide a wide range of services to meet business energy needs. Whether it’s gas, electricity, water or the utility contract you need, we can simplify your contracting process. From reviewing current bills to negotiating new contracts, it’s all covered and presented in an organized, easy-to-understand format. In addition, our Account Managers provide customer support throughout the process to get started and find the best deals. You will also be notified if the contract changes. All in all, we not only provide our customers with the best service and make sure they are paying the best price possible, but we also make sure that our prices are kept low and we make it easy to resolve any issues. If you feel that this type of service could benefit you and your business, please contact us today.

If you want to save on your utility bills, contact us now. Beta Energy Direct’s relationships with over 20 of the UK’s largest utilities means our energy experts can find the best energy rates for your business, when you need them. Get a free quote today and start saving energy.