Why energy brokers can be your business ally in 2024

Article posted

25th Apr 2024

Read time

3-6 min read

Author

Mollie Pinnington

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The UK energy market has started to rise again lately, due to rising gas prices, supplier instability, and the ever-present need for sustainability. Businesses need help to navigate the current market. With many global factors such as conflict causing volatility in the energy market, now is the best time for your business to consider working with an energy broker.

What is going on in the energy market? 

  • Price Surge: Global gas prices have soared; this has mainly been due to global conflicts causing higher gas prices across the market. The UK still suffers from a lack of energy security due to our reliance on imports. This leads to higher bills for businesses of all sizes.
  • Green Goals Remain: The UK's commitment to renewable energy hasn't wavered. Incentives and advancements continue to make green options more attractive for businesses. However, the move to renewables is proving expensive for the country. This could lead to higher energy prices over the next couple of years.

 

What does an energy broker do?

While navigating this storm alone is possible, it's far from ideal. Here's how a business energy broker can help your company stay afloat:

  • Market Expertise: Brokers have a deep understanding of the current energy landscape, including the best deals from a wide range of suppliers, both established and new entrants.
  • Time-Saving Efficiency: Sifting through countless quotes and comparing complex tariffs can be overwhelming. Brokers do the legwork for you, saving you valuable time and effort.
  • Negotiation Power: Brokers leverage their relationships with suppliers to negotiate more competitive rates on your behalf. This can translate to significant cost savings for your business.
  • Future-Proofing: Brokers can advise on fixed-term contracts for short-term stability or explore renewable energy options that align with your sustainability goals and potentially lead to long-term cost reductions.
  • Ongoing Support: A good broker is more than a one-time deal finder. They'll monitor your energy usage and market trends, keeping you informed and suggesting adjustments to optimise your energy plan.

 

At Resolve Energy we have a team of energy brokers that are equipped with market knowledge to ensure your business gets the best contract possible. Get a quote today to see how much you could be saving!

 

The benefits of an energy broker

  • Cost Savings: Brokers can secure lower energy rates through their negotiation skills and access to a wider range of suppliers.
  • Reduced Risk: They help you avoid the pitfalls of a volatile market by finding reliable suppliers and advising on suitable contracts.
  • Time Efficiency: Focus on your core business while the broker handles the energy hunt, saving you valuable hours.
  • Expert Advice: Gain valuable insights into the market and tailor your energy plan based on your business needs and sustainability goals.

 

How to choose the right broker?

  • Reputation: Look for a broker with a proven track record and positive client testimonials.
  • Transparency: Ensure the broker clearly explains their fees and commissions, and the range of suppliers they work with.
  • Independence: Choose a broker with access to a wide variety of suppliers, not tied to any single provider.

By partnering with a reputable broker, your business can navigate the current energy storm with confidence. Let them be your guide to a secure, sustainable, and cost-effective energy future. Get a quote today to start working with us at Resolve Energy!

If you're looking to save money on your energy bills then why not get in touch today? The relationships Resolve Energy has developed with over 24 of the UK’s biggest business energy suppliers allows our energy experts to source the best business energy rates available for your company right when you need them. Request a free quote today and start saving money on your energy.

Looking to pay less on your energy bills?

Get a free quote today