Business energy brokers

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How do business energy brokers work?

A business energy broker acts as an intermediary between businesses and commercial electricity and business gas suppliers, helping to secure the best energy deals tailored to your company’s needs.

Using their expertise and supplier relationships, brokers simplify the energy procurement process and ensure you get competitive rates.

Their role

Their role

Business energy brokers assess your company’s energy requirements and use their network of suppliers to find the most suitable contract options. They can access exclusive deals and provide expert insights into the energy market.

The process

The process

Brokers compare tariffs, negotiate with suppliers, and handle the complexities of switching contracts. They aim to ensure your business gets the best business energy deal with minimal hassle.

Your choice

Your choice

To get the best service, look for brokers who are transparent about fees, have strong industry connections, and provide tailored recommendations based on your business’s needs.

Benefits of using an energy broker

Working with an energy broker can provide valuable benefits for your business. Our experts have listed the key advantages below:

Expert guidance

Expert advice

Get professional guidance to choose the best business energy contract based on market insights.

time saving

Time savings

Save time with fast service and simplified contract management.

competitive rates

Competitive rates

Unlock competitive business energy deals by comparing business electricity prices from multiple suppliers.

Help with switching

Help with switching

Get help with paperwork and make switching business energy providers hassle-free.

Account monitoring

Account monitoring

Stay on top of your business’s energy needs with continuous account monitoring and contract reviews.

How business energy brokers get paid

Working with a business energy broker simplifies energy procurement and helps secure competitive rates at no upfront cost. Brokers are paid through commissions from energy suppliers once your contract goes live, with fees usually included in your business electricity prices per kWh or commercial gas rates per kWh.

Starting 1 October 2024, Ofgem requires all non-domestic energy contracts to display broker fees in the contract’s principal terms, ensuring full transparency.

For example, your contract might include a statement like:

“Broker fees: X.XXp per kWh is included in the total energy cost.”

Below is an example of how this might be displayed on a contract.

Business energy contract extract - broker commission

Using a broker gives you the advantage of their industry knowledge and relationships, helping you find the best deal while knowing exactly how the commission is factored into your energy costs.

Source: Ofgem – Greater protection for business energy

How much does a business energy broker charge

The cost of using a business energy broker varies, as there is no standard fee across the industry. In most cases, brokers do not charge businesses directly.

Their commission is included as an uplift on the price per kWh, which is paid by the supplier.

While you won’t receive a separate bill for their services, the cost is built into your energy contract. The commission level can differ between brokers, so it’s important to work with a trusted provider that offers transparency on the applied commission.

💡Looking for the best business energy rates? Use our simple form above to connect with a reputable broker who can secure a competitive deal tailored to your needs.

How to choose a reputable business energy broker

Choosing the right energy broker is essential to securing the best deal for your business. Below are the key things to look for in a reputable broker.

Check their credentials

Check their credentials

Ensure the broker is accredited and has a solid reputation in the industry.

Transparency on fees

Transparency on fees

Look for clear, upfront disclosure of any broker fees or commissions.

Range of suppliers

Range of suppliers

Choose a broker who works with a range of the best business energy suppliers to give you more options.

reviews

Customer reviews

Check feedback from other businesses to gauge the broker’s reliability and service quality.

Ongoing support

Ongoing support

Select a broker who offers continuous support, not just during the initial contract setup.

What information must you prepare before contacting a broker?

Having the correct details before contacting a business energy broker will help streamline the process and ensure you get the best possible deal.

Key information needed:

Your business location

Business address

Your full business address is needed to identify available suppliers and tariffs.

Business Energy Suppliers

Current business energy supplier

Knowing your existing energy provider helps brokers compare deals and assess potential savings.

What is an MPAN: Top Line Data (8 digits): 03 111 222 Core (13 digits): 14 1234 4567 111

MPAN

Your MPAN (Meter Point Administration Number) is the unique identifier for your electricity supply and is found on your bills.

MPRN

MPRN

The MPRN (Meter Point Reference Number) is similar to the MPAN, but this number ensures accurate contract matching for gas.

Deemed

Recent energy bills

Providing a recent business electricity bill or business gas bill helps brokers analyse your usage and find the most suitable tariff.

Other business energy comparison methods

If you prefer not to use a broker, you could explore these alternative methods to find the best energy deal for your business:

Use a comparison site

Use a comparison site

Comparison sites give you quick access to various energy prices from multiple suppliers. Our service gives you personalised comparison quotes. Use our simple business energy comparison service to start comparing now.

Directly contacting suppliers

Directly contacting suppliers

Reaching out to suppliers directly allows you to negotiate, but it can be time-consuming and may limit your ability to compare a wide range of options due to time-sensitive quote deadlines.

Energy consultants

Energy consultants

Energy consultants provide expert advice on reducing energy usage, improving efficiency, and helping find the right energy contracts. While their services can help reduce costs in the long term, consultants typically charge a fee for their broader range of services as well as commissions on your contracts.

What are common issues to look out for when using a broker?

When working with a business energy broker, it’s important to be aware of a few potential issues:

Hidden Fees

Hidden fees

Ensure the broker is transparent about their fees; some may include undisclosed commissions in your contract.

Limited Supplier Options

Limited supplier options

Some brokers may only work with a small number of suppliers, limiting the range of deals available to you.

Bias Towards Certain Suppliers

Bias towards certain suppliers

A broker might favour specific suppliers due to higher commissions or sales incentives.

Long-Term Contracts

Long-term contracts

Be cautious of brokers pushing lengthy contracts that might not suit your business needs.

Lack of Ongoing Support

Lack of ongoing support

Some brokers may not provide continuous support once your contract is signed, so clarify what ongoing service they offer.

How many energy brokers are there in the UK?

As of January 2025, 2,382 active accredited business energy brokers are in the UK.

To ensure you’re working with a reputable broker, you can use the Energy Ombudsman Broker Register to verify that the broker you are considering is accredited and meets industry standards.

It’s important to carefully select a broker that fits your specific business needs and provides transparent, reliable service.

Business energy brokers | FAQs

Here, we answer common questions asked about business energy brokers:

Should I choose a business energy broker or an energy consultant?

Choose a business energy broker for quick access to the best energy deals. Brokers compare rates and negotiate contracts, saving you time.

An energy consultant is usually more appropriate for large business energy customers who need broader advice on reducing consumption, improving efficiency, and developing sustainability strategies.

What is the difference between a business energy broker and a consultant

Business energy brokers and business energy consultants both help companies manage their energy contracts, but they have distinct roles:

Business energy broker

  • Acts as an intermediary between businesses and energy suppliers.
  • Focuses on finding and securing the best energy contracts.
  • Earns commission, usually as an uplift on business energy rates.
  • Works with multiple suppliers to compare deals.

Energy consultant

  • Provides strategic advice on improving business energy efficiency.
  • Can help with procurement but also focuses on long-term energy management.
  • Typically charges a fee for advisory services rather than commission.
  • May assist with sustainability, compliance, and reducing carbon footprints.

Which is right for your business?

If you’re looking for a comparison of multiple business energy suppliers and the best business energy contract prices, a broker can help secure competitive rates. A consultant may be better if you need broader energy management and efficiency advice.

Are business energy brokers accredited?

In the UK, business energy brokers must be accredited and registered with the Energy Ombudsman.

Before engaging a business energy broker, make sure to check that they are active on the Energy Broker Register.

Do businesses have to sign a contract with an energy broker?

No, you don’t sign a contract with an energy broker. However, you do need to sign a Letter of Authority (LOA).

This document gives the broker permission to act on your behalf. It allows them to negotiate with energy suppliers, access your current usage information, and manage the process of switching business energy suppliers.

The LOA does not bind you to the broker but enables them to work on your behalf to find the best energy deals.