COMMERCIAL ENERGY COMPENSATION

£82,611
Average claim to date

To date, 100% of our clients that have used an energy broker have been entitled to claim compensation

IS YOUR BUSINESS OWED MONEY DUE TO A MIS-SOLD ENERGY CONTRACT?

With no regulator in the energy broker market it is estimated that over 90% of contracts placed by brokers are mis-sold. Energy brokers/consultants (also known as ‘third party intermediaries ’ or ‘TPIs ’) act on behalf of businesses by offering them gas and electricity contracts from energy suppliers. As they are instructed to act on your behalf, brokers owe you a duty of care, they must act in good faith, not make a secret profit, and not place themselves in a position where their duty and interest may conflict.

DO YOU REALLY KNOW HOW MUCH YOU ARE PAYING FOR ENERGY?

Business energy rates increase every year, and most of us simply accept the increases. Most brokers will tell you how it is, just the state of the market currently (with wholesale rates rising). They will assure you that you have got the best deal around and sign you on for another extension.

Business owners tend to take this at face value, but how much of what your broker is telling you is the truth? You may be in for a shock.

Many brokers make deceptive statements about how they are paid and why they are recommending certain suppliers. A broker will usually be acting with their own financial motives in mind, not trying to save you money. It is also likely they are being paid a hidden commission which is added onto your bill each month, without informing you how or why. This is mis-selling.

HOW WE CAN HELP YOU RETRIEVE THIS MONEY FOR YOUR COMPANY!

Our team of commercial energy specialists are on a mission to shine a light on this scandal. We engage with a panel of solicitors, are helping businesses across the UK by fighting back against brokers and energy suppliers, helping companies exit expensive contracts and claim compensation for their troubles.

Typically, there are 5 key hallmarks of mis-sold energy contracts.

How many of these points highlighted below are familiar with, when dealings with your broker(s)?

  1. You did not pay a fee for the broker ’ s work, and you do not know what they earned. You were told that the supplier paid them, or it was a free service, or they simply did not discuss it.
  2. They promoted long term contracts as the best priced contracts, possibly not even showing you shorter term prices.
  3. They told you they were searching the market, but they only showed you one or a handful of prices.
  4. They tried to switch or renew your contract more than 6 months before the contract end date.
  5. They did not let you speak to the supplier directly throughout the process.

OUR PROCESS

  1. Fill out the initial enquiry form, our team can review the content to determine whether there has been a mis-sold contract.
  2. We will highlight what a potential claim could be worth, investigate any previous contracts that your company may have been sold, potentially going back 10 years.
  3. Our no fee no win process in this category is then explained, you make an informed decision on whether to engage with us and proceed at this point.
  4. Your claim and supporting evidence is then passed to our legal department. Using the business energy contract, our team start to build the case. We will keep you fully up to date with all developments.
  5. If the evidence is solid, we will then agree the amount to be paid back to you as compensation. Only a small amount of cases go to court, our team of Solicitors will be there to advise and guide you throughout proceedings.