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Are you familiar with the saying "a penny saved is a penny earned" famously said by Benjamin Franklin? According to this well-known saying, a company is able to earn an additional $500 every month in tax-free earnings by simply reducing monthly bills by $500. After a rough start, one of our clients wisely and consistently managed her monthly expenses until there was more than enough funds to cover all bills and extra expenses. Could there be room for you to become more accountable with your reoccurring monthly bills? Summer is here, and most households are experiencing the usual increase in their electric utility bill.
Another client recently shared how he chose electricity service based on familiarity and advertisement. He contacted a random sales representative and hoped for the best. Unfortunately, that same sales agent worked for the company and was only able to select electricity plans and rates offered by that one company. Not only was the sales agent limited in what he could offer, but he also was likely biased towards his employer and focused on his potential commission instead of the client's energy needs and financial budget.
But what if there were a better option that was also less expensive and more responsible? Wouldn’t you prefer an energy broker who could access a platform that shops multiple electricity companies, plans, terms, and rates in one place based on your household's specific energy and financial needs and then was able to lock in today’s low rate up to six months in advance? Wouldn't you prefer a broker who knew to avoid unnecessary early termination fees by starting your new lower rate at the end of your current contract? Wouldn’t you prefer an experienced energy broker who was aware of the best times to lock in the lowest rates, who constantly monitored the energy market, who could audit your electricity bill to uncover hidden overpayments in fees and taxes, and then negotiated a refund? Wouldn’t you prefer an unbiased energy advisor who operated in your best interest instead of in the electricity provider's profit? Wouldn’t you prefer knowing your assigned energy broker by name and having his direct phone number? Shouldn’t you be paying wholesale energy rates instead of retail rates? Stop overpaying and redirect those savings as you see fit. You deserve better and need to take action.
The good news is that we’ve taken the first step by contacting you. But will you take the next step and receive a free no-obligation price quote by submitting a recent copy of your electricity bill with all included pages at the form below? What would prevent you from submitting your bill copy today and potentially freeing up extra money? Contact us any time, and we will respond with solution options for your immediate utility needs and long-term financial goals.
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FAQs
What is an energy broker?
An energy broker is an independent intermediary that connects electricity and natural gas consumers with retail energy suppliers. We operate in deregulated energy markets helping commercial, industrial, and residential customers shop, find, compare multiple retail providers to secure competitive energy rates and contract terms. Not owning, generating, or distributing energy ourselves, we instead act as specialized consultants navigating the complex utility market on the customer’s behalf.
Why would someone need an energy broker?
An energy broker has a direct relationship with each retail provider through the brokerage and, as a result, has the ability to access plans and rates not available on a retail provider’s company website. Much like an insurance broker shops for the best policy, an energy broker saves significant time and operational effort.
How much does it cost to use an energy broker?
The energy broker is paid through either indirect commissions or through direct fees paid by the customer’s selected retail provider.
How does an energy broker help residents and companies lower their energy costs?
An energy broker is trained to properly read utility bills determining the average or true rate charged, comparing that rate with current available rates, and locking in that rate even if the customer is in the midst of a contract with another retail provider. Brokers also leverage industry expertise, market data, and relationships with multiple providers to optimize how a company buys and consumes power.
What is the difference between fixed-rate and variable-rate energy contracts?
The main difference is that a variable-rate contract changes in price per kilowatt-hour (kWh) month-to-month fluctuating up or down during the course of the contract term based on wholesale energy market conditions, while a fixed-rate contract locks in your price per kWh for a set term.
What happens when an energy contract is nearing its expiration date?
Typically, customers will automatically transition to a variable rate or renew services unless they actively choose a new plan. The current provider is legally required to send a contract expiration notice (typically 30 to 60 days in advance) outlining their upcoming options and deadline. Residential customers can lock in an energy rate typically 30 to 90 days in advance of the desired service start date. For commercial and business accounts, rates can be locked in 6 months to 2 years ahead of time.
Does an energy broker keep track of volatile energy market trends?
Yes, most energy brokers receive daily updates via email concerning energy market trends, changes, and projections. These reports help brokers use real-time data feeds, predictive analytics, and regional grid monitoring systems to mitigate price risks for clients.
What information do you need from a client to provide a quote?
For residential service, a broker only needs the customer’s service address and contact information. For commercial service, a broker only needs the company’s recent bill copy and contact information. Once the broker has the required information, a quote is usually generated within 10 to 30 minutes for residential customers and small businesses, 1 to 2 business days for medium commercial accounts, and 3 to 7 business days for large industrial accounts.
Don't delay this process by letting distractions and excuses keep you from the money you rightfully deserve. Use the form below to receive your no-obligation quote.