There are a few ways to compare business energy plans and consultants are often a choice businesses use. But the best way to procure energy is to have it automated for you at a lower cost while leveraging buying power.
Comparing business energy plans with consultants
Consultants generally have two business models: they either charge a fee for their procurement, or receive commission from retailers for their services. Sometimes they will do both.
If they are receiving commission, the benefit for you is you don't have to pay. But as the saying goes: "if you're not paying, you're not the customer you're the product."
This means you are being auctioned off to retailers and they will generally only show you the offers that pay the highest commissions. This is why you generally only see the bigger names on procurement results.
If consultants receive a flat fee they don't have the same incentive misalignment but they charge a flat fee regardless of the savings they find you.
Because they're not tech enabled they're generally expensive and can often cost more than the savings found.
Energy procurement consultants compared with Termina
Termina automatically keeps you on the lowest electricity and gas prices every single month for every meter.
Termina monitors the market every month to find better prices with the group buying power of thousands of meters.
And we refuse commissions from retailers. Instead our revenue comes from a portion of the savings we find you. So our only motivation is to save you as much as possible. This is why we want to push for the absolute lowest prices possible.
We sign bulk agreements throughout the year as well as optimise for the best market rates every month.
This locks in savings when prices go down that you benefit from, while benefiting from previous agreements when prices are going up.
So you have peace of mind you're on the best rate every month.
Managing energy across multiple sites requires specialised expertise. A multisite energy broker can streamline the process by coordinating multisite energy management and optimising energy procurement. By participating in energy tenders, businesses can secure competitive rates and reduce overall energy costs, ensuring efficient and cost-effective operations across all locations
If you want someone who's in your corner to keep your energy costs down, get a savings estimate now. There's no lock in, entry or exit fees.