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?
