Control Energy Costs vs. An Energy Broker

Most Energy Brokers are primarily concerned with getting you to sign a supply contract. They are paid commission by the supply company directly linked to the duration of contract you ultimately sign; the longer the contract, the more commission they will earn. Generally, Brokers will hibernate until the contract renewal process starts again.

CEC's approach is much more holistic. Because we are paid only if we are able to better the deal you would otherwise accept, we are continually looking for ways to find savings for you. We offer a more complete service typically not available through a Broker, illustrated graphically in the diagram below.

 

CEC

Typical Broker

Comprehensive Audit Yes No
Refunds Yes No
Tariff and Profile Class Analysis Yes No
Purchasing Yes Yes
Ongoing Monitoring Yes No

Most Brokers do not conduct comprehensive audits, search for refunds, look for better tariff structures, or monitor your bills on an ongoing basis, because its simply not in their financial interest to do so.

Dealing with CEC on a supply contract renewal will also highlight the major differences in our approach compared to that of a typical Broker. CEC analysts are actively looking to go to the market at the right time to find you the best deal, appropriate contract structure and contract duration. We actively target suppliers and negotiate specifically on your behalf to get you the best possible deal. All options are discussed with you in detail, allowing you to make an informed decision.

This table shows how our approach differs from that of a typical broker

 

CEC

Typical Broker

Commision paid by supplier? No Yes
Set own commission rate? No Yes
Time negotiations to reflect market conditions? Yes No
Target best match supplier? Yes No
Target best match contract structure? Yes No
Discuss options with you to ensure best for your business? Yes No
Actively negotiate best price? Yes No
Administer supplier change and deal with registration and transfer problems? Yes No

Would you prefer an adviser whose objectives are identical to yours, or one who is arguably aligned to the supplier?

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