How To Pick a Business Electricity Broker

How To Pick a Business Electricity Broker

Photo by Clemens Vogelsang

Last Thursday’s post explained the benefits of working with a business electricity broker for developing your organization’s energy plan. To sum that post up in one sentence, a skilled electricity broker can save you time and money. Let’s assume you read that post and you were convinced—there is a real, powerful advantage to working with a broker. The natural follow-up question is this: which broker should I work with?

There are literally hundreds of commercial electricity brokers operating in any one deregulated state. A quick Google search could easily overwhelm you. Some business electricity brokers are skilled consultants, well worth your time and money, while others are new to the energy market and not as likely to provide the high caliber consultation you’re looking for. In short, it’s a mixed bag.

Here are three key factors we’d recommend you consider when seeking out a commercial electricity broker:

1. Experience. You should ask how long the brokerage firm has been in business. How many clients have they assisted? How familiar are they with the deregulated markets in which they operate? What is their level of expertise?

2. Technology. Deregulated energy markets are constantly in a state of flux—24 hours a day, 7 days a week, 365 days a year. Without the right technology in place there is simply no way to track the market’s movement in real time. What technology does the broker under consideration utilize to follow the market?

3. Strategy. In order to find the best business electricity contract for your organization, a number of factors have to be taken into account. Is the broker under consideration consultative in their approach? Can they partner with you, explaining their strategy in simply, non-jargon terms so that you understand the plan? Has their strategy been proven to yield positive results for the rest of their client base?

Here at Live Energy, we’re proud of how our track records stacks up to these three sets of questions. We’ve been in business for more than 10 years and in that time we’ve help hundreds of clients. In fact, not a single one of our clients has ever experienced a default due to a supplier going under. Our technology is cutting edge. The Live Energy Portal, a proprietary platform made available to our clients, allows you to stay in the loop, tracking market changes in real time and can even send you email alerts automatically if you wish. And finally, our strategies have been proven time and again. We listen to our clients to gain an understanding of their needs, goals and concerns. We then take that knowledge and pair it without industry-leading expertise to recommend a provider, product and term that will fit best.

Our goal is to help you achieve your goals. We aim to save you time and money by making the process of selecting an electricity provider pain-free. Let us put our experience to work for you.

If you’d like to learn more about how Live Energy can help you develop a business electricity strategy that helps your organization’s bottom line, please call us today at (877) 810-7770.


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