Do I need to sign a Letter of Authority (LOA)?

Do I need to sign a Letter of Authority (LOA)?

by | Jan 3, 2019 | Blog

Do I need to sign a Letter of Authority (LOA)?  In most cases, yes. Brokers may be able to give you an idea of the prices they’re able to offer over the phone, but to provide an official quotation and contract offer, they’ll usually need a Letter of Authority. A...

How many energy brokers can I use?

by | Jan 12, 2019 | Blog

Businesses are often unsure about how many brokers they can use. In reality, you can use as many as you want, although the more that you involve, the more time you typically have to put in. Using 2 or 3 is a good number, as it shouldn’t take up too much of your...
Energy Broker Commission – How much do they make?

Energy Broker Commission – How much do they make?

by | Jan 3, 2019 | Blog

In The Margins The rate of energy broker commission depends on their margin. Brokers can charge a direct monthly fee, or even a percentage of savings, but by far the most common way they are paid is by adding a margin to their clients’ unit rates. When sourcing...
‘Pass-Through Contracts’ – What are they?

‘Pass-Through Contracts’ – What are they?

by | Jan 14, 2019 | Blog

Pass-Through Contracts To best understand pass-through contracts, you first need to be aware that your electricity unit rates contain both commodity, and non-commodity charges. The commodity charge is the cost of the electricity itself, whilst non-commodity charges...