What is a business energy broker?
A business energy broker helps companies navigate the commercial energy market when reviewing or sourcing electricity and gas contracts.
Rather than approaching multiple suppliers yourself, an energy broker can help you understand your requirements, source available options and guide you through the procurement process.
A business energy broker may help with:
- Reviewing your existing energy contract
- Understanding your electricity and gas consumption
- Sourcing business energy contracts
- Comparing available options
- Reviewing contract terms
- Monitoring wholesale energy prices
- Managing energy contract renewals
- Supporting supplier switches
At Energy Costs Managed, we focus on making the process straightforward and helping you understand your options before you make a decision.
Why Energy Costs Managed?
Energy Costs Managed was built with a simple aim: to make business energy easier to understand and help businesses take greater control of their energy costs.
With over 15 years of experience in the energy industry, Chris has seen how complicated energy contracts, changing prices and renewal decisions can be for business owners. Energy Costs Managed was created to provide straightforward advice, practical support and a more personal approach to business energy procurement.
We work closely with businesses to understand how they use energy, review their existing contracts and help them make informed decisions about electricity and gas.
From sourcing new contracts and managing renewals to monitoring wholesale energy prices and checking energy bills, our aim is to support businesses throughout their energy journey not simply when it's time to change supplier.
We believe businesses should be able to understand what they're paying for and why. That's why we focus on clear advice, honest communication and ongoing support, without unnecessary jargon.
We're not interested in a one-size-fits-all approach. Every business has different energy requirements, which is why we take the time to understand your circumstances before recommending an approach.
Our goal is simple: to help businesses make informed energy decisions and manage their energy costs with greater confidence.
Why use a business energy broker?
Managing business energy yourself can involve contacting suppliers, comparing prices, understanding contract terminology and keeping track of renewal dates.
A broker can help simplify that process.
Save time
We can manage much of the research involved in reviewing and sourcing business energy contracts, saving you time and reducing the administration involved.
Understand your options
Energy contracts can contain different pricing structures and terms. We explain the available options in straightforward language so you know what you're agreeing to.
Review the market
We consider current market conditions and monitor wholesale energy prices when helping businesses assess their procurement options.
Manage renewals
We can help you review your energy contract before it reaches its renewal date, giving you more time to consider your options.
Ongoing support
Our support doesn't have to stop when your new contract begins. We can continue helping with energy market monitoring, bill validation and future renewals.
How our business energy broker service works
1. Review your current energy contract
We look at your existing electricity and gas arrangements, including rates, consumption and contract renewal dates.
2. Understand your business
Every business has different energy requirements. We consider your premises, consumption, operating requirements and contract objectives.
3. Review the market
Wholesale electricity and gas prices can change over time. We monitor market conditions to help inform your procurement decisions.
4. Source suitable contracts
We source available business electricity and gas contracts based on your requirements.
5. Compare your options
We'll help you understand the differences between the available options, including pricing, contract length and relevant terms.
6. Help you make an informed decision
Our role is to explain your options clearly so you can decide which arrangement is appropriate for your business.
Business energy broker vs going directly to a supplier
Businesses can choose to approach energy suppliers directly or use a broker to help with the procurement process.
Going directly to suppliers means managing the research, comparison and contract process yourself.
Using a broker can reduce the administration involved and give you someone to help explain the available options and contract terms.
The right approach depends on your business and how much support you need.
Our role is to make the process easier while giving you clear information so you can make your own decision.
What should you look for in a business energy broker?
Not all energy brokers operate in exactly the same way.
Before choosing a broker, it's worth considering:
Experience
Look for experience in the commercial energy market and an understanding of the requirements of businesses.
Clear communication
Energy contracts can be complicated. Your broker should be able to explain pricing and contract terms clearly.
Transparency
You should understand how the broker is paid and whether there are any fees or commissions associated with the service.
Supplier relationships
Ask which suppliers the broker works with and what options they can provide.
Ongoing support
Find out whether the broker's service ends when your new contract starts or whether they provide ongoing support.
At Energy Costs Managed, we aim to provide straightforward advice and continued support throughout your energy journey.
