Businesses, regardless of their size, frequently engage the services of a middleman, commonly known as an energy broker, to facilitate their energy procurement. The energy broker acts as an intermediary between the business and the energy supplier, presenting competitive energy prices. However, it’s not uncommon for energy suppliers to compensate brokers with commissions.
While the expectation is that these commissions should be openly disclosed and explained to businesses seeking energy procurement services, they often remain obscured within the fine print of contracts or go unnoticed due to inaccuracies in statements.
Can I make a claim?
In the aftermath of Ofgem’s 2020 inquiry into energy brokers, it was revealed that business energy contracts were frequently subject to mis-selling. If your broker failed to furnish a comprehensive written disclosure of any compensation received due to your contract, it’s possible that they received undisclosed commissions from the energy supplier.
Our straightforward assessment process is designed to make things easy for you. This service is provided free of charge, and you are under no obligation to proceed with a claim.
Phone:
020 3890 6430
Email:
[email protected]
How much can I claim?
This depends on the following:
- How long the business energy contract was
- How long you have been with that particular provider
- The actual price that you paid for the energy.
To give you a good insight generally you could recover up to 20% of any business contract that was mis-sol.
Can I make a claim if I am still under contract with existing supplier?
Absolutely, you have the option to initiate a claim against your present energy supplier.
There’s a chance to reevaluate and possibly amend the terms and expenses of your contract, removing any hidden commission costs. In certain scenarios, you may even receive an offer to terminate the contract, granting you the freedom to transition to a different energy provider.
How do I make a claim?
Our team will conduct the necessary assessments to determine if your business energy contract has been subject to mis-selling before taking any further action.
We will request that you provide us with pertinent documents related to your energy contract. With your consent, we will subsequently initiate contact with both your broker and energy supplier to progress from that point.
How long does a claim take?
Certain claims reach a resolution relatively swiftly, sometimes within a matter of a few months. In contrast, more intricate agreements may require approximately a year for completion. Throughout the entire process, we will diligently keep you informed at each stage. Once we have all the necessary information, we will handle all the necessary tasks in the background.
What are the costs?
We will assess your claim at no cost, and if it meets the eligibility criteria, we would proceed with a no-win-no-fee arrangement. This means that if your claim does not succeed, you will not incur any charges.
In the event of a successful claim, our fee is set at X% of the recovered compensation amount.
Contact us to see if you are eligable to claim?
Phone:
020 3890 6430
Email:
[email protected]