The team knows what it's doing and does it well.
Our experienced lawyers are currently investigating claims on behalf of businesses which may be owed substantial sums by energy suppliers for paying secret commissions to third party introducers or brokers.
Millions of businesses rely on energy brokers, also known as third-party intermediaries, to source their energy supply. They trust that the brokers are acting in their best interests, exploring the market to find the most suitable energy deals. However, many of these businesses are unaware that their energy supplier may have paid a secret commission to the broker. Even if they are aware of the commission, they often do not know the amount or that it has been included in the unit price charged by the energy supplier to recover the cost of the commission.
The practice of paying secret commissions, legally equivalent to a bribe, has persisted for many years, facilitated by the light regulation of the business energy market. Brokers are incentivised to present deals that offer them the highest commissions rather than the best deals for the businesses they represent. As a result, businesses may end up being locked into less financially favourable energy contracts than they would have chosen without the broker's influence.
If your business or other organisation such as a charity or school has used an energy broker to negotiate its energy deals, you may have a claim against your energy supplier for the secret commission paid to the broker. This claim could be substantial, especially for high energy-use businesses, as the commission element of the unit price often ranges from 10 to 20%, and in some cases, has been as high as 50% or more.
Our specialist team of lawyers is here to help. We offer a free review of your case, and if it has merit, we may be able to represent you on a 'no win, no fee' basis.
Contact us to discuss your situation and learn more about how we can assist you in recovering the money your business may be owed. Our team is dedicated to ensuring that you receive the compensation you deserve and that the energy market becomes more transparent and fair for all businesses.
Has your business entered into any contracts for the supply of gas or electricity through a third party introducer (TPI) or broker?
If yes, did you know and consent to the TPI or broker being paid a commission calculated as an amount of money per unit of energy used and that this could would be included in the tariff you paid?
You do not need to pay anything at this stage. If there appears to be a strong claim, our team may be willing to act on a no win, no fee basis. You will be given an option to agree to this or not at a later date.
Our group actions specialists are experts in securing returns for clients in mis-selling and professional negligence cases. Recommended by both the leading legal directories, Chambers UK and The Legal 500, we are pragmatic, results driven and take pride in delivering a high quality service.
For more details and to find out if you have a potential claim, use the enquiry form below.
Shh…can you keep a (half) secret commission? Energy sector brokers beware…
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