Searching for the right energy deal can be timely and difficult for businesses which is why there are so many energy brokers which provide the service for them. Many energy brokers provide a range of energy solutions from fixed contracts through to flexible energy purchasing agreements.
As there are so many energy brokers available in the UK, we thought we would help you by exploring what the leading providers offer below.
The table below gives a quick price comparison of the top UK providers for energy brokerage.
Company | Year Founded | Location |
---|---|---|
Love Energy Savings | 2007 | Bolton |
Bionic | 2007 | London |
Utility Bidder | 2009 | Corby |
Smarter Business | 2009 | West Sussex |
Utility Helpline | 2006 | Hereford |
Inenco | 1993 | Lytham |
Inspired Energy | 2000 | Preston |
Mitie Energy | 1987 | London |
Amber Energy | 2009 | Cardiff |
Black Sheep Utilities | 2010 | Brighton |
UCR Consultants | 2009 | Leicester |
Exchange Utility | 2016 | Bury |
Watt Utilities | 2000 | Manchester |
Torse | 1994 | Nottingham |
Indigo Swan | 2009 | Norwich |
LSI Energy | 1990 | St Albans |
World Fuel Services | 2004 | London |
Resolve Energy | 2011 | Liverpool |
Utility Renewals | 2008 | Lancashire |
Data Energy | 1992 | Bishops Stortford |
* The facts and figures included here come from each company’s website and were accurate at the time of writing but may have since changed. Also, please keep in mind these may not be apples to apples comparisons as each provider offers different solutions. This guide should be used as a starting off point for more research on your part.
Below we profile each of the companies’ services and features in a bit more detail.
Note companies are ranked in no particular order and this no way indicates one solution is better than another.
Topics
1. Love Energy Savings
Some of the features and benefits of Love Energy Savings’ energy brokerage.
- Offers free online comparison
- Quick and easy quotes
- Search a wide range of energy suppliers
- Simply switching process
- Contact them online or by phone
- Track your switching progress online
- Offers both gas and electricity deals
- Provides dedicated account managers
- Award-winning price comparison site
- Highly rated on Trustpilot (4.7 out of 5)
Love Energy Savings is one of the UK’s leading energy comparison sites for businesses. They offer free online price comparisons that are easy and quick to do with results in minutes for both gas and small business electricity.
Love Energy Savings makes switching energy suppliers simple through searching the market for you with from a wide range of energy suppliers. Once you have found a deal you can switch either by using their online process or by calling them, and you can monitor your progress online. They are an award-winning provider that is highly rated on Trustpilot.
2. Bionic
Some of the features and benefits of Bionic’s energy brokerage.
- Offers business gas and electricity brokerage
- Helps you to save money on your energy
- Provides an online or phone service
- Their experts will help you choose the right deal
- They take care of the switch for you
- Will support you year after year when your renewal is due
- Use smart tech to find the best deal
- Works with other leading price comparison sites
- Suitable for small businesses
- Rated highly on Trustpilot
Bionic claims to be a market leader in small business energy switching and they are rated highly on Trustpilot. They work with some of the leading names in price comparison such as Confused.com, uSwitch and Money Supermarket to provide them with business energy switching services.
Bionic uses smart tech to find the best possible deals in the market for you from a wide variety of energy suppliers quickly and they will support you in finding the right deal for your needs. They provide an online or phone service and they will manage the switching process for you.
3. Utility Bidder
Some of the features and benefits of Utility Bidder’s energy brokerage.
- Offers a comprehensive service
- Works with the top energy suppliers
- Provide the best prices
- Offers gas, electricity and water
- Caters for small and medium businesses
- Also suitable for large business and public sector
- Provides quick quotes
- Offers a quick and easy switching process
- Award-winning service
- Highly rated on Trustpilot
Utility Bidder offers a brokerage and price comparison service for gas, electricity and water for businesses. They cater for business of all sizes including small, medium and large businesses and the public sector. They aim to find you the best possible deal for your energy by searching through most of the energy suppliers in the UK.
Utility Bidder will provide you with a comprehensive service to find you the best energy deal by generating quotes quickly and then offering a quick and easy switching process. Their service is highly rated on Trustpilot and they have received several awards for their services.
4. Smarter Business
Some of the features and benefits of Smarter Business’ energy brokerage.
- Specialist business procurement consultants
- Compares tariffs from 27 suppliers
- Offers a quote service online or over the phone
- Provides a quote in 5 minutes
- Offers a utility management plan
- Will update your energy meters
- Caters for businesses of all sizes
- Suitable for a wide range of industries
- Also offers a variety of other procurement services
- Highly rated on Trustpilot
Smarter Business is an independent business consultancy service that has been built to offer impartial advice on a wide variety of business services which includes gas, electricity, water, waste management and many more services. They aim to help businesses of all sizes and in a broad range of industries to access the best possible deals.
Smarter Business has experienced energy consultants that will search the best deal for you from their panel of 27 trusted energy suppliers and provide a quote in five minutes. They provide a utility management plan to help you to better manage your energy and updating your meters.
5. Utility Helpline
Some of the features and benefits of Utility Helpline’s energy brokerage.
- Offers comparisons for gas, electricity and water
- 100% independent and unbiased
- Can lock in deals for up to five years
- Search over 30 hand-picked suppliers
- No hidden costs
- Accurate billing
- They will find you the best deal for the lifetime of the contract
- Offers a price match promise on their gas
- Also offers water brokerage service
- Award-winning service
Utility Helpline is an independent and unbiased utility broker that offers its services to businesses. Their services are offered to a wide variety of businesses including small to large energy users. They offer a brokerage service for gas, electricity and water.
Utility Helpline offers a service that allows you to find the best energy deals not just purely on the initial price but for the lifetime of the contract. They will search over 30 suppliers that they have handpicked for their prices and service. They provide deals that will have no hidden costs and will provide you with accurate billing.
6. Inenco
Some of the features and benefits of Inenco’s energy brokerage.
- Can help you deliver your utility strategy
- Support you based on your appetite to risk
- A holistic approach to energy management
- Price optimisation
- Flexible purchasing
- Fixed purchasing
- Blended approach
- Will negotiate the best possible deal for you
- Will monitor the performance of your strategy
- Expert teams
Inenco is a utility provider that can support businesses in procuring energy and help them organise a utility strategy. Their team of experts can provide a holistic approach to managing your energy more effectively and to save money through negotiating advantageous contract terms and the best possible deal.
Inenco offers flexible purchasing that is bespoke to your needs and is available to large energy users who want the flexibility of accessing the wholesale energy markets. Their options portfolio offers a blended risk management strategy so you can control the level of risk through their trading desk. Fixed purchasing to provide you with the reassurance of a fixed price contract.
7. Inspired Energy
Some of the features and benefits of Inspired Energy’s energy brokerage.
- Bespoke service tailored to your needs
- Cost and efficiency benefits
- Provides a variety of procurement solutions
- Risk management strategy
- Contract tendering
- Fixed price solutions
- Flexible risk-managed solutions
- Can provide market research and intelligence
- Has teams of market analysis, risk managers and contract negotiators
- Offers water, fuels, oil and environment products procurement too
Inspired Energy offers utility management services through their teams of experts that provide market analysis, risk management and contract negotiation. Their services include procurement, bureau services, software services, monitoring and targeting and optimisation services. They operate across energy, fuel, oil, water and environmental products.
Inspired Energy offers a variety of procurement options that cater to a range of needs whether that is budget efficiency or certainty, price optimisation or a combination of these. Their procurement services include developing risk management strategies, contract tendering, fixed-price contracts, flexible risk management, OJUE compliant procurement, market research and intelligence.
8. Mitie Energy
Some of the features and benefits of Mitie Energy’s energy brokerage.
- Offers end to end capabilities for your energy
- Can advise, implement and manage your energy services
- Greater integration of energy services
- Support to buy your energy at the right price
- Risk management support
- Impartial advice
- Help you optimise your energy performance
- Deliver significant carbon reduction savings
- Offers bill validation
- Can also help you reduce energy use and improve buildings
Mitie Energy is part of a wider Mitie group who work in facilities management and maintenance sectors. Their energy sector provides access to the energy market for business consumers and they can provide end to end capabilities.
Mitie Energy offers advice, implementation, delivery and management of energy services through to fully outsourced energy management solutions. They provide support to help you integrate their energy services, purchase energy at the right price and manage risk. They offer impartial advice that can help you to optimise your energy performance and deliver significant carbon reduction savings. They also offer bill validation, energy optimisation and building improvements.
9. Amber Energy
Some of the features and benefits of Amber Energy’s energy brokerage.
- They make managing utilities simple
- Help cut costs
- Control your consumption
- Reduce your carbon footprint
- They will assess your current situation and improve it
- Tailor your package
- Risk management and strategy development
- Budget development
- Monitoring and targeting
- Suitable for all business sizes and sectors
Amber Energy will first assess how Lean, Clean and Green you when you join them so that they can optimise your energy set-up and help you to cut your costs, control consumption and reduce your carbon footprint.
Amber Energy caters for all businesses regardless of their size and the sector they operate in. Their Lean services including tailored energy procurement, risk management and strategy development, budget management, reporting and invoice management. Clean services include data quality management, access to consumption data online, performance reporting, monitoring and targeting. Green services include site audits, asset optimisation and sustainability solutions.
10. Black Sheep Utilities
Some of the features and benefits of Black Sheep Utilities’ energy brokerage.
- Offers client-focused energy procurement
- Dedicated to businesses utility procurement
- Bespoke solutions
- They will negotiate the best prices for you
- Offer cleaner and greener energy
- Has strong supplier relationships
- Works with over 30 suppliers
- Provides named account managers
- Suitable for small to large businesses
- Also offers water procurement
Black Sheep Utilities is a UK based business utilities provider who offers gas, electric and water procurement services as well as green energy options. They provide client-focused energy procurement services to thousands of small to large businesses.
Black Sheep Utilities offers a bespoke energy procurement service that is tailored to your needs. They will negotiate on your behalf to get the best possible prices and can even source cleaner and greener energy. They have established strong working relationships with leading energy suppliers, and they work with over 30 suppliers. Each customer is also given a named account manager to support them.
11. UCR Consultants
Some of the features and benefits of UCR Consultants’ energy brokerage.
- Offers energy procurement to domestic and business users
- Caters for corporate clients
- Supports commercial energy clients
- Provides competitive energy rates
- Choice of major suppliers
- Access to small providers
- Will negotiate better rates for you
- Can offer quick comparisons
- Can provide detailed cost analysis
- Experienced account managers
UCR Consultants are an independent energy broker that has been operating for the last decade providing services to domestic and business users. They specialise in providing cost reduction services for corporate clients and commercial energy clients.
UCR Consultants provide commercial energy solutions to help businesses to manage fluctuating prices and import requirements and utilise their comparison service to make significant savings. They also cater for corporate clients and their experienced account managers will help them to tender and procure energy services using their relationships with energy suppliers. They can offer services from a quick comparison through to detailed cost analysis.
12. Exchange Utility
Some of the features and benefits of Exchange Utility’s energy brokerage.
- Offers impartial energy comparisons
- Helps businesses to save time and money
- Can negotiate competitive market prices
- Offers a choice of contract deals
- Tailor their packages to your needs
- Complete a form or call them for a quote
- They will complete the switch for you
- Business energy experts
- Also offers water procurement services
- Highly rated on Trustpilot
Exchange Utility is a specialist business utility provider that offers gas, electricity and water procurement services. They have designed their energy brokerage service to be easy to use and to help businesses to save time and money on their energy.
Exchange Utility will search the market and negotiate for you to get the most competitive market prices using their purchasing power. You need to either complete their online form or call them with some of your bill details for their business energy experts to generate a choice of energy quotes and tailor them to your needs.
13. Watt Utilities
Some of the features and benefits of Watt Utilities’ energy brokerage.
- Specialises in business utility procurement
- Providing utility brokerage for over 10 years
- Works alongside the leading energy suppliers
- Will find you the best possible deal
- Independent advice
- Complete a short form or call them for a quote
- Will take the hassle out of switching suppliers
- Save time and money
- Highly rated on Trustpilot
- Also helps procure water, telecoms and internet
Watt Utilities is a specialist utility procurement provider that offers a broad range of services which includes gas, electricity, water, telecoms and internet. They are an established utility broker that has been offering energy procurement services for over 10 years.
Watt Utilities is an independent energy broker who offers impartial advice and they will search the leading energy suppliers to find the best possible deal for your business. To get a quote you will need to either complete their online form or call them. Their services will help you in saving time and money in switching your energy suppliers and they will take the hassle out of it too.
14. Torse
Some of the features and benefits of Torse’s energy brokerage.
- Offers energy brokerage and consultancy
- Independent service
- Professional and reliable
- Will negotiate the best prices for you
- Help you to discover the benefits of short and long term contracts
- Complete a short web form to receive a quote
- Bill validation
- Support with bill payments and contract obligations
- Has been operating for over 25 years
- Also offers smart meters and energy management
Torse is an established energy broker and consultancy who have been providing their services for over 25 years. They support their clients in energy procurement, bill validation, payments and contract obligations. They are a professional, reliable and independent brokerage offering gas, electricity and water procurement.
Torse has established substantial working relationships with energy suppliers to help them negotiate energy deals on behalf of their clients. They will help you to assess the energy market and decide whether a short or long term contract will be best for you. If you want a quote, you will need to complete a short webform and they will get in touch with you.
15. Indigo Swan
Some of the features and benefits of Indigo Swan’s energy brokerage.
- Offers a bespoke approach to energy
- Honest and transparent
- Independent and impartial
- Will conduct an energy health check
- Discuss your long-term energy strategy
- Present your options clearly
- Help you make informed decisions
- Will complete the switch for you
- Also offers water procurement
- Award-winning consultancy service
Indigo Swan is an independent energy consultant that is based in Norwich. They offer an award-winning service that offers gas, electricity and water procurement. They claim to be open, honest and transparent as they offer an independent and impartial service.
Indigo Swan will first undertake an energy health check on your business to look at your current contract, consumption, spend and relevant agreements. They will also discuss your business’ long-term energy strategy to ensure they find you the right prices for the longer term too. They will make comparisons and then present them to you clearly and simply so you can make an informed decision.
16. LSI Energy
Some of the features and benefits of LSI Energy’s energy brokerage.
- Experienced energy broker
- Offers clients the best possible solution
- Search the market for you
- Will do a cost analysis
- You can call them or request a callback
- Personal account manager
- Offers invoice validation
- Can assist you to meet compliance requirements
- Also offers water contracts
- Award-winning service
LSI Energy is an established energy broker that has been operating for over 20 years providing procurement services to businesses for gas, electricity and water. They also offer invoice validation services, audits and compliance support to help with legislative issues.
LSI Energy will give you a clear and simple comparison of the energy market so you can see the deals available and what will offer you the best value. They will conduct a cost analysis to help them to do this. To get a quote you will need to call them or request a callback. They offer a personalised service and they will provide you with an account manager.
17. World Fuel Services
Some of the features and benefits of World Fuel Services’ energy brokerage.
- Offers gas and electricity procurement
- Has vast resources and networks
- Global energy procurement business
- Suitable for small to large businesses
- Independent and impartial
- Optimise energy contracts
- Tailored procurement
- Has teams of energy management professionals
- Can help with regulatory and reporting services
- Also offers water procurement services
World Fuel Services is an international energy procurement advisory service who also offer supply fulfilment, transaction and payment management solutions designed for commercial and industrial clients. They have a vast wealth of resources and networks to help clients to maximise their energy contracts.
World Fuel Services caters for all sizes of businesses from small to large and they offer an independent and impartial service to help clients find the best energy solutions. They offer small to medium business contract procurement and market knowledge to secure the right deal. They offer larger organisations a tailored procurement approach based on their risk profile.
18. Resolve Energy
Some of the features and benefits of Resolve Energy’s energy brokerage.
- International energy consultants
- Dedicated energy experts
- Specialise in commercial energy procurement
- Offers professional and honest advice
- Independent and impartial consultants
- For a quote complete their online form or call them
- Work with leading energy suppliers
- Aim to deliver a high level of customer service
- Have been operating for almost a decade
- Also offers water procurement services
Resolve Energy is an independent and international energy consultancy business that has been operating for the last decade providing businesses with procurement services for gas, electricity and water. They set themselves up to be a professional and honest broker that provides a high level of customer service.
Resolve Energy works with a wide range of energy suppliers including the leading ones to find the best energy deals for their clients, but they remain independent and impartial and will not tie clients into a contract. If you want a quote from them you need to call them or complete an online form.
19. Utility Renewals
Some of the features and benefits of Utility Renewals’ energy brokerage.
- Claims to be UK’s leading utility consultancy company
- Suitable for small to large businesses
- Will help you secure the best deal
- Optimise prices
- Negotiate the best deals for you
- Monitor the market
- Strong supplier relationships
- Support you in interpreting pricing information
- Expert advice
- Also offers water procurement services
Utility Renewals claims to be the UK’s leading utility consultancy company that offers procurement services for electric, gas and water. They provide their services to businesses, homes and housing associations. They provide their business customers with account management and industry experts armed with experience and market knowledge.
Utility Renewals supports small to large businesses in accessing the best possible energy deals through searching the market for you and using their negotiation powers and strong supplier relationships. Their experts will monitor the market and optimise pricing wherever possible and provide fixed procurement services that give budget certainty.
20. Data Energy
Some of the features and benefits of Data Energy’s energy brokerage.
- An environmentally conscious broker
- Aim to offer a carbon-neutral portfolio
- Competitive rates
- Will provide you with an energy review report
- Reduce the hassle of switching
- Trusted relationships with suppliers
- Provides an annual meter checking service
- Over 25 years’ experience
- Experienced energy managers
- Also specialise in heat networks
Data Energy specialises in providing energy solutions to residential managing agents and property agents which include gas, electricity, heat and renewables. They provide consultancy and support in managing heat networks as well as energy procurement.
Data Energy is an environmentally conscious energy broker who aims to have a carbon-neutral portfolio by 2030. They provide new customers with an energy review report to help them assess their energy need and the options that are available to them. They provide reassurance to their customers through their competitive rates, trusted relationships with suppliers, experience in the market and their annual meter checking service.
* Please note we are affiliates of both Love Energy Savings which means they pay us a commission if you buy your energy from them after visiting this site. However, that comes at no expense to you.
FAQ
What is an energy broker?
There are numerous types of energy brokers, including energy consultants. However, the most common types are commercial energy brokers.
Within the energy broker’s specialized sector, their primary responsibility is to assist their clients in finding the best deal from the various energy suppliers that saturate a very complicated marketplace.
Specifically, for electricity and or natural gas.
Energy brokers accomplish this by accumulating quotes from around the energy market, engaging in supplier transition management, handling contract renewal, and offering advice.
Should I use an energy broker?
There are several benefits and advantages to using a good energy broker.
Saves you time – the energy market is very complicated. Most businesses don’t have the time to learn it and talk with all the energy suppliers. An energy broker is already doing that.
Saves you money – the broker’s job is to compare costs and quotes to get you the best options for energy procurement and renewing energy contracts.
Options – the more competitors there are for your business, the better the price. An energy broker competes for your business, getting you the best deal.
Billing – a good broker is about more than energy costs. You know exactly what you are paying, and if there are ever any discrepancies or errors in your bill, the broker will handle it for you, including getting refunds when appropriate.
Expertise – energy brokers are recognized specialists in the energy sector, which means they have the right contacts.
Using a broker to save money on your energy bill has a price. So the cost of the broker needs to be aligned with your energy consumption. If not, you may end up spending more with a broker than without one.
How do energy brokers make their money?
How they get paid is the biggest difference between energy consultants and brokers. An energy broker charges a commission that is based upon your total energy usage.
Energy brokers are a lot like estate agents. You essentially entrust your energy broker to go out and search the energy industry to find exactly what it is you are looking to buy; in this case, the best price for your energy usage.
Then, they negotiate with the energy supplier so that you can get the best energy deals possible.
These negotiations include the agreement of the broker’s commission fee. Typically, that commission fee is stipulated and applied in pence per kWh.
It’s important to note that the energy supplier does not pay the commission. Instead, the broker’s fee is added to the final cost of energy before you are billed.
How do I choose an energy broker?
The bottom line for choosing the best commercial energy broker is research.
Most importantly, check the reputation and credibility of the broker or consultant you are considering.
One of the most effective ways of doing that is the Utilities Intermediaries Association or UIA, a collection of energy brokers and consultants who operate by a specific Code of Practice.
The UIA’s Code of Practice is available to review on their site, as is the list of brokers who are members and abide by the Code.
In addition, it is valuable to know how many energy suppliers they work with, how much market access they have, what have other customers said about their support, is customer support free, who will manage your contract, and what will you be getting as their client.
How many energy brokers are there in the UK?
As more business owners are looking to decrease the cost of their energy usage, the energy broker business is growing. For numerous reasons, it is challenging to identify the exact number of brokers operating in the UK.
Most estimates put the number at more than 3,000.
The bottom line is that there is no shortage in the supply of those who can or claim to be able to help you lower the cost of your energy usage.
So, it is imperative to do your research and properly vet unscrupulous brokers from legitimate ones.
Are energy brokers regulated?
Currently, there is no regulation of business energy consultants and brokers in the UK. However, over the past several years, the issue of regulating the sector has been a hot topic and is continuing to be in constant discussion at the government level.
Meanwhile, Ofgem continues to monitor and report on the situation and publishes informative materials about current events and issues that small businesses should be aware of.
Do energy brokers have to disclose commissions?
According to the law of agency, brokers are legally required to disclose their commission scheme to their clients.
Any small business that is a client of a broker can simply request disclosure of the commission fees that the business is paying and the broker is duty-bound to provide that information to the business.