5 reasons to use an energy broker

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Page 1: 5 Reasons To Use An Energy Broker

ENERGY BROKER

VETTING THE COMPETITION

Despite what you might think, comparing offers from multiple energy suppliers is a complex, time-consuming task. In NY state, for example, there are over 100 ESCO’s that can serve your account, so how do you narrow the field? Cold calling just twenty companies would be enough to make even the Wolf of Wall Street puke. Experienced energy brokers have spent time vetting suppliers, so you don’t have to. They will alos have the quoting process down to a science.

NAVIGATION OF THE MARKETPLACE

Because energy pricing changes quite frequently (sometimes by the hour) comparing quotes from two different suppliers on two separate days is ineffective. Also, not all pricing offers will include the same pricing components (you read that correctly). To avoid these pitfalls, an energy broker will make sure all of the offers you receive are “apples to apples.”

LEVERAGING COMPETITON By leveraging competitiveness, businesses are much more likely to see more aggressive pricing offers when working with a broker as opposed to calling suppliers directly. Here's why. Rather than employing a large scale sales force and absorbing the payroll and marketing expenses that accompany them, many energy suppliers rely heavily on broker deal flow for customer acquisition. These same brokers work with 6 or more suppliers, that will compete (on price) to earn business.

DECODING CONTRACTS

An experienced energy consultant will walk you through the nuances of each supplier's individual contract. Competent agents go deeper than price alone and provide reliable advice on contract clauses as well as restrictions that may or may not fit your business.

VALUE ADDED SERVICES

Many competent energy brokers will offer consulting services that go beyond pricing alone. Working with clients on creating a long-term energy management strategy, including improving overall energy efficiency, auditing utility bills, energy benchmarking, tariff analysis as well as many other services. After all the least expensive kilowatt is the kilowatt, you never use.

5 REASONS TO USE AN

SOURCE:Integrated.Energy Blog