NEW Energy Compensation! No Win No Fee Scheme, Claim back up to 70% of your energy bills! Apply today
Ofgem Report and Decision – Transparency around energy brokerage costs.
As from 1st October 2022 new measures will take effect to protect businesses in relation to energy brokers and suppliers disclosing fees and brokerage costs within Principal Terms.
This will ensure that businesses are better placed to make fully informed purchasing decisions and this information must be presented as a total cost in pounds/pence covering the duration of the contract.
Historically these broker fees have not been disclosed to you, which means that your business is able to reclaim up to 60% – 70% of the value of energy contracts – going back several years.
We have over 10 years experience in the renewable energy sector. Our team is part of the UK’s leading Independent Energy Compensation experts, with a panel of solicitors committed to helping businesses/organisations recover money owed to them from mis-sold energy contracts that have been procured through an Energy Broker.
Our team is part of “your team”, operating with Professionalism, Transparency and Honesty, with litigation funding in place to deliver a No Win, No Fee policy.
Brokers and Suppliers are jointly and severally liable, which means WE can recover 60% – 70% of EVERY Energy Bill YOU have ever paid over the past 20years, while using a broker.
Significant rises in energy costs have become a major challenge for businesses in all sectors, while the energy suppliers continue to make huge profits. Not only does this seem unfair, it can not be ignored because ultimately it impacts on your businesses bottom line.
Through our experience we have discovered that 4out 5 UK Businesses use Energy Brokers annually and these energy bills can include large commission amounts – paid to the broker.
The fact is that if this commission payment was not made clear to you at the time you signed the contract you have a legitimate reclaim.
Our specialist team has Litigation Funding in place and has obtained QC/Counsel’s Legal Opinion, which confirms that the solicitors panel dealing with your claim WILL WIN YOUR CASE if it proceeds to court -without it costing you a single penny.
In reality, nearly every case is being settled early, due to each case being “Document Based”, which leaves no margin for exaggeration or the need for Specialist Reports – because the claim is indefensible!
This No Win, No Fee service aims to recover monies from both the Broker – AND the Energy Provider – which gives you a huge advantage.
When you engage a Business Energy Broker or Consultancy (Third Party Intermediary),they have a Legal Responsibility, known as Fiduciary Duties, to act in YOUR best interests, not their own. However, the vast majority of Brokers (nearly 4000 of them), encourage you to sign Contracts with “Hidden Commissions” and may NOT show you all your options.
Mis-selling falls into 3 categories
1. Fiduciary Failings
3. Misleading & Misrepresentation
We are committed to being an ethical company with holistic values, integrity, justice and helping others.
We are part of a team of skilled specialists and the Solicitors who handle your No Win, No Fee claims have agreed to charge the lowest fees in the market, capped at just 30% of the claim value.
We evaluate whether you have been Mis-sold on your Business Energy Contracts and work out your approximate claim value.
Our Panel of Solicitors will work diligently to reclaim monies owed from the Broker and/or Supplier.
We have partnered with an Independent Broker who will show you how things SHOULD be done.
You will NEVER be mis-sold again!
To explore further or have any questions answered just call Joel on on 01254 476140. Alternatively you can send an email to email@example.com
To start the process all we need is for you to provide some basic information and copy of you energy broker contract/supplier bills – so that we can calculate your energy compensation claim.
Following this, you will be contacted by our energy compensation team/solicitor who will begin the legal work required to recover as much money as possible for your business – on a No Win, No Fee basis.
WHAT DO I HAVE TO DO TO MAKE A CLAIM?
Our Solicitors need to confirm a few basic details and will send you a Letter of Engagement and an Agreement for the “No Win – No Fee” Terms and Conditions. You will need to provide copies of your contracts copies of emails etc. Your Solicitor will take care of everything else.
WHAT INFORMATION DO I NEED TO PROVIDE?
Don’t worry too much if you cannot provide the contracts. With the Letter of Engagement your Solicitor can obtain copies direct from the Supplier on your behalf. To satisfy new Legal Requirements, you will also need to provide Proof of Identity. You will ONLY provide this information to your Solicitor.
WHAT WILL IT COST ME?
You will not pay a penny up front. Any fees are taken directly from your settlement amount.
Depending on the value of your claim, the maximum amount you would pay would be 30%. If you have a high value claim, then your Solicitor will cap the fees, and it would be negotiable between yourselves. You may need to pay for an ATE – After The Event Insurance Policy, which protects you from ANY adverse legal costs in the unlikely event your claim fails.
This would be discussed with your Solicitor should the need arise. Again, this could be taken from your settlement amount.
WILL I HAVE TO GO TO COURT?
It is highly unlikely that you would ever have to attend Court. If you have to attend, then your Solicitor will support and guide you every step of the way. In our experience, it is generally the high value (over £1 Million claims) that ever get near the courtroom.
CAN I DO IT MYSELF?
If you have the time and legal know-how, then of course. You can also appoint your own Solicitors but one simple mistake can decimate your claim and have it thrown out. However, our team are specialists and have streamlined the process.
WHAT WILL HAPPEN TO MY CURRENT CONTRACTS?
Normally, they would be cancelled, leaving you free to choose where you go next. However, with the current state of the market, it is highly likely that you would not financially benefit by cancelling the contracts.
We look at your case and the current market prices and advise you accordingly. We can allow your current contracts to run their course, BUT arrange for the commission element of the pricing to be removed by the Supplier for the remaining duration.
WHICH BROKERS OR SUPPLIERS CAN WE TRUST MOVING FORWARD?
We have searched the market and have struggled to find a solution to this problem. However, we have partnered with a trusted Broker who is aligned with our Business Ethos and Ethics who will help you with transparency. This means that moving forward, you will NEVER be mis-sold again.
WE DON’T USE BROKERS
Are you sure? Some of these Brokers call you pretending to be your Supplier. If you ALWAYS call the Supplier yourself, then this doesn’t apply to you. If they call you, then there is a huge risk that you have indeed used a Broker unwittingly.
WE HAVE SIGNED CONTRACTS WHICH HAVEN’T STARTED YET
That doesn’t matter! We can get those contracts cancelled (subject to it being financially of benefit to you). We will check the current market rates and if they are higher, then we can have the Supplier remove the commission element from the pricing.
Remember, on average, 20% of your bills is PURE commission that the Broker has already been paid! Let us stop you overpaying for the next few years, AND reclaim everything for the last several years.
IT’S TOO MUCH HASSLE / I DON’T HAVE THE TIME
You do not have to do anything at all, beyond the initial disclosure stage. Your Solicitor takes care of everything for you.
For the couple of minutes of your time in giving the Solicitor your contracts and supporting evidence, you will receive a substantial amount of money that you can re-invest in your business, money that NEVER should have been taken in the first place.
I GET ADDITIONAL SERVICES, NOT JUST ENERGY CONTRACTS
All the other services that they like to shout about, such as Bill Analysis, Bill Validation, Energy Efficiency Advice, Smart Meter Installation, etc are ALL provided FREE OF CHARGE by the Supplier!
THE BROKER GOT ME BETTER PRICES THAN I COULD GOING DIRECT.
The fact to remember is that they did not disclose the commissions involved BEFORE you signed. They hide it for a reason, So you don’t know exactly how much they have ripped you off. If they had nothing to hide, then they would have told you how much commission is built into the contracts. Remember, on average, 20% of your bills are PURE Commission.
I PAY A MONTHLY/YEARLY MANAGEMENT FEE
Unfortunately, you are in for a shock because they are effectively they are getting paid TWICE by you!
This is because the management fee was up-front and you knew about it before signing. However, they have still applied commissions in the contracts which we CAN get back for you.