Exclusive Broker Agreements – What are they?

Exclusive Broker Agreements – What are they?

Exclusive Rights When used to allow an energy broker to offer you a quote, this type of agreement (also known as an ‘exclusive Letter of Authority’), gives the broker exclusive rights to negotiate your energy contracts. By signing it, you surrender your right to get...
Do I need to sign a Letter of Authority (LOA)?

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

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...