We help businesses
recover undisclosed
commissions
You may well have been misled with undisclosed information in connection with your energy supply contracts!
Energy brokers, agencies, and the like, have a legal obligation to disclose levels of commissions paid to them by suppliers for energy supply contacts (gas and electricity). It transpires that up to 90% of businesses in the UK have used energy brokers to place energy contracts for them and in many of those cases, specific amounts of commission claimed by them from the supplier were not disclosed and are therefore deemed to be secret practices or in some cases half-secret practices.
This concealment of commission payments on energy contracts could affect up to 2 million businesses in the UK and it is highly likely that your business would fall into this category if your energy contract(s) in the last 10 years were placed by a company purporting to be energy brokers or the like. It is not unusual for a claim to be in the tens of thousands of pounds, dependent on the size of your company and your power usage.
Energyclaim.co.uk make the energy claim process easy for you and in each case where we establish that a claim needs to be pursued, this is passed to one of our specialist team of solicitors working on a CFA (Conditional Fee Arrangement) i.e., a no-win, no-fee process, which means that this process will not cost you anything at all and you only stand to gain from any successful claim.
How did this mis-selling of business energy contracts come about?
If an energy broker was involved, they were acting as an agent of the power supplier and, as such, were legally bound to declare to the business customer the amount of commission that they were being paid by the supplier for power supply contracts. In the vast majority of cases, this has not proven to be the case, for the clear reason that the disclosure of the fees would almost certainly have had a negative effect on the placing of the business by the customer.
If asked what was in it for them, brokers would tend to talk around the issue and perhaps mention an introductory fee or even allege that theirs was a free service. In reality, their fee was either a direct mark-up of the unit rates quoted by the supplier, or set “fees” based upon various ranges of power consumption dependent upon the customers historical power usage data.
