4.8/5
Get Your Business Energy Refunds Now
Picture this: It’s the end of the month and your energy bill arrives. You take a deep breath, preparing for the worst… until you remember you haven’t had to pay an inflated business energy bill in months. Instead, like clockwork, a refund check hit your bank account. This once dreadful expense has now become a cash cow. Does it sound too good to be true? Well, it isn’t!
Discover the secret to morphing your crippling energy expenses into regular refunds – welcome to your world of Business Energy Compensation! Stay right where you are because we’re about to reveal how you can start this process, today.
How we can help you make a claim for business energy refunds
Business Energy Refunds employ a team of energy experts who can help recover hidden commissions and losses from the mis-selling of energy contracts ethically while empowering UK business energy users to make informed decisions as to whether they are eligible to make a claim.
If you suspect that your business may be entitled to an energy refund or have questions about our services, contact us today.
The Basics of Business Energy Refunds
As a business owner, it can be frustrating to realise that your company has been paying more than it should for energy bills. This is where business energy refunds come in – a service designed to help businesses recover hidden commissions and losses from the mis-selling of energy contracts.
To put it simply, these refunds are utilised to recover funds that energy brokers or suppliers overcharge businesses. These occur due to various reasons, such as hidden fees, mis-sold energy contracts, incorrect billing, and more. For instance, some providers may hide fees directly into unit rates. This can range from 0.1p per kWh to over 5p per kWh on top of the unit rate.
However, many businesses aren’t aware that they have been overcharged or mis-sold an energy contract in the first place. This is where seeking a business energy refund service is beneficial; their team of experts will identify any potential refund opportunities by conducting a comprehensive audit of your business’s energy usage and bills.
Check If You Have A Business Energy Claim
Answer 3 simple questions to see if you are eligible to make a Business Energy Claim
Have you been mis-sold your energy contract?
For instance, one customer reported that they had been over-paying on their electricity bill for years because energy brokers were hiding the fact that they were being paid commission for each unit used by the business. Without an audit from a business energy refund company, this customer would have continued paying inflated prices without any knowledge of the commissions paid to brokers.
Ultimately, by choosing to recover hidden commissions and losses through a reputable business energy refund service provider like Business Energy Refunds, businesses have an opportunity to reclaim substantial amounts of money.
- Business energy refunds are a service that helps companies recover hidden commissions and losses from the mis-selling of energy contracts.
- Engaging with a reputable business energy refund service provider can help businesses identify potential refunds and reclaim substantial amounts of money.
- It is essential for business owners to be aware of the various reasons for overcharging, such as hidden fees or incorrect billing, and consider seeking professional help to conduct a comprehensive audit of their energy usage and bills.
Process for Obtaining Refunds
So now that you understand what business energy refunds are and what they do, the next step is understanding how businesses can obtain them.
Firstly, businesses need to recognise if there has been overcharging or mis-selling in their electricity or gas deal at any point in time. Once you suspect wrongdoing or overcharging, get in touch with a business energy refund service provider like Business Energy Refunds straight away. They will be able to help you identify where mis-selling may have occurred and how much compensation you might be entitled to receive.
Think of a business energy refund service as an insurance policy for your energy bills. Just like your car insurance protects you from future damages, a business energy refund service can provide peace of mind that your company’s energy contracts are being inspected and analysed correctly.
Once you’ve made contact and shared the necessary data with your chosen business energy refunds service provider, the next step is to wait for them to take action; they’ll conduct a comprehensive audit of your business’s energy bills.
This tends to be one of the most critical parts of the entire process because it has a significant impact on the refund amount that could potentially come back. The more detailed information businesses can provide about their energy usage and billing history, the more accurate the audit will become. In turn, this can lead to a larger refund amount.
Once the audit is complete, your business energy refund provider should share with you if there are any issues or areas where overcharging or mis-selling had happened with clear explanations and advice on what methods need to be taken next. Depending on the severity of their findings, they may work together with solicitors in order to push claims further along – if applicable – while providing additional assistance throughout the entire claiming process.
How to claim your Business Energy Refund
We have a simple and straightforward 3-step process to help you find out if you are due thousands of pounds back in compensation for being mis-sold your energy contract. There are no hidden costs – our Free Eligibility Check will not cost you a penny!
Fill in our Claim Form
Simply fill in a few details on our short claim form. We just need to know your business details, contact information and the name of your energy provider. It takes less than a minute!
Sign Your Letter of Authority
If the details on your claim form show that you may have been mis-sold your energy contract, all you need to do is sign a Letter of Authority and we will continue to progress the claim on your behalf.
Get Your Compensation
Once your claim has been forwarded to our expert legal team, it will take some time to process the details and provide a resolution. We will keep you informed of the progress of your case every step of the way.
Hidden Charges and Mis-selling in Energy Market
The energy market is infamously complex, making it challenging for businesses to navigate through the myriad of deals available. As a result, many rely on energy brokers who act as intermediaries with energy suppliers. In theory, this should simplify the process of procuring an energy contract. However, energy brokers do not always operate ethically.
One form of unethical practices found in the energy market includes hidden charges that can go unnoticed by business owners. These charges can be buried deep within a contract or appear as minor line items on the invoice that most people would typically overlook. Anecdotal evidence reveals several cases where businesses have been forced to pay additional costs for services they did not use or were unaware of before signing up for an energy deal.
One such example is a small restaurant owner who was paying for an album supplied by his broker but never played in his establishment. After investigating the issue, it was discovered that the broker added the licence charge to their bill without their knowledge or consent.
Another type of mis-selling happening in the industry occurs when some suppliers offer fixed-term contracts to customers at rates higher than variable tariffs offered by competitors. This means that customers end up paying way more than what they should be for their energy usage. Some businesses remain under these contracts out of sheer ignorance of the various options available.
It is important for businesses to understand the terms and conditions of any energy deal before signing a contract – whatever supplier you choose, understanding what you are signing up for avoids unpleasant surprises down the line.
Unfortunately, discovering mis-sold contracts or hidden charges isn’t always straightforward because much of it is carried out in financial jargon which makes it difficult for the unseasoned customer to decode. If you believe your business has mis-sold an energy contract, Business Energy Refunds offer a unique service designed to help you claim back money and get the compensation back that is rightfully yours.
The next section will examine how energy brokers operate their businesses, including unveiling hitherto concealed practices.
Unveiling Energy Brokers' Hidden Commissions
Many business owners are not aware that a commission is potentially included in their energy bills. The payments compensate energy brokers for introducing clients to them, but there have been instances where these agreements have gone way beyond the industry’s ethical standards. Business Utility Refunds estimates that as many as 80% of UK companies have the results of these additional charges implemented into their energy bills.
Unfortunately, such commissions can be so well disguised that it’s almost impossible for businesses to spot them by themselves. For instance, an audit commissioned by Business Energy Refunds discovered that a company purchasing gas from a supplier had an overly complex billing structure showing them paying £18,000 more than they should have been every year on their energy contract. The company was unaware of the false charge until undergoing an energy audit which found mis-selling and resulted in full compensation.
In defence of energy brokers, many suppliers still rely on independent intermediaries to sell their services. However, unethical practices mean that customers must stay “vigilant” when entering into any agreements with energy brokers or intermediaries.
There is no denying that the market is highly competitive – various companies compete against each other to offer better deals to customers and maintain their market share. It is understandable why broker firms may look to offer deals that benefit them – their referral fees in cases like such can be extremely lucrative and add significantly to their bottom line.
However, hidden charges and mis-selling result in customers being ill-informed about what they are buying into, causing reputational damage and financial losses for buyers without any tangible benefits.
These practices could arguably be compared to buying a high-end car, say a Tesla. Initially, the purchase may appear to be expensive, and in some cases, you might feel short changed for what you paid for. However, after driving the vehicle for some time and reaping the benefits of its advanced capabilities such as lower emissions, reduced fuel consumption costs, and other features that make the car a great investment. Similarly – Businesses may not always realise that reputable deals offered by Energy brokers could lead to higher savings if all hidden charges are taken care of rather than superficial lower costs associated with mis-selling.
Now that we have examined how energy brokers hide commissions within customer bills, let us dig deeper into Business Energy Refunds’ services and the steps needed to claim your business energy refunds.
Steps to Claim Your Business Energy Refunds
Obtaining a business energy refund can be vital for small or large businesses, and it’s worth the effort! Whether it’s due to hidden charges or mis-selling in the energy market, receiving money back could make a real difference to your company. Here are some steps you should take to claim your business energy refunds.
Firstly, a comprehensive review of your energy bills should be carried out to identify any irregularities, including suspicious charges that directly affect the unit rates. Strange-looking bills that bear irregular fees or look different than your usual bills should be reviewed by an expert team who can pinpoint any excessive costs or fees.
Once you’ve identified any abnormal charges on your energy bill, Business Energy Refunds will begin working on retrieving it. The company offers services tailored to identify over-regulation, double billing, excessive standing charges, inconsistency between exact contracts and supplier agreements. Mis-sold contracts and deals can also form part of these refunds.
Then comes the application process itself. Unlike other claim companies on the market, Business Energy Refunds makes this process quick and stress-free by carrying out most of the work themselves with minimal effort required from their clients. It is important for this process to occur with strict privacy policies in place to ensure data protection.
Business Energy Refunds will require certain details about your contract with permission such as email starts from your supplier which includes informed contract information and agrees to access your account from time-to-time. This information will help them put together a solid case for claiming back money that was rightfully yours all along!
Claiming a business energy refund is somewhat like hiring an experienced lawyer who ensures that things are done right. They have experience dealing with claim cases before so they know exactly what they’re doing and provide you with annual check-ins after your refund.
Now that we have covered the process of claiming back what you deserve, let’s shift our focus to auditing and providing solutions for electricity and gas bills.
£389m has already been paid back in redress payments
….and this number is rising.
Audit and Solutions for Electricity and Gas
It is not uncommon for businesses to overlook their energy consumption and costs, mainly because they lack an understanding of the energy market. Further, figuring out how tariffs or rates function can be very complicated, introduced by suppliers who provide complex deals with hidden clauses designed to confuse customers long term.
Business Energy Refunds are well-equipped with the expertise needed to conduct comprehensive reviews of individual energy accounts tailored to your business. The information obtained will reveal any inefficiencies in your usage pattern, pinpoint appropriate measures that could be executed to reduce waste and identify ways cost savings could be made.
Once the review has been completed, a detailed report with suggestions on how your business could operate more effectively while reducing expenditure is usually provided. This, in turn, will establish a clear financial impact. These recommendations would then be tailored to meet your business’ specific needs without compromising on service delivery or customer satisfaction.
Business Energy Refunds offer more than just uncovering overspending…they go further by implementing real-life solutions. All assessed expenses will be deducted from future bills when this happens! Beyond lowering monthly costs or eliminating excess fees, the company provides viable alternatives that can improve how your business operations are run.
By conducting an audit on your energy bill post-refund collection, it’s like investing in an independent health-check for a mostly unknown activity. Many individuals visit their GP regularly for general check-ups; likewise, Businesses who seek an energy area check-list are ensuring ‘business health’ with audit strategies in place from specialists in collecting refunds.
The energy market can be confusing at times, despite its enormous economic importance. We hope that the steps on how to claim back your business energy refunds have been useful along with how-auditing and control of energy spendings can save a business more than they would expect!
Empowering UK Business Energy Users
As a business owner, you always strive to make informed decisions that can benefit your company in the long run. And when it comes to energy usage, there’s no exception. But with the energy market being complex and unregulated, it can be challenging for businesses to understand their options and avoid falling prey to mis-selling tactics by energy brokers.
This is where Business Energy Refunds come into play. We aim to empower UK business energy users by providing them with the knowledge and resources they need to make informed decisions about their energy needs. Our team of experts has years of experience in the energy industry and stays up-to-date on the latest trends, regulations, and best practices.
For instance, one of our clients was a small manufacturing company that had been struggling with high energy costs for several years. They were unaware that they were on an overpriced contract with hidden fees and charges added by the broker. After we audited their account, we identified where they could make savings. With our guidance on next steps, the client saved over £20k annually, which helped them invest in new machinery and expand their production.
Besides uncovering hidden charges and commission fees when auditing an account, we also offer tailored solutions for electricity and gas usage, water management, as well as general advice on how to reduce energy consumption. When businesses get in touch with us for assistance, we provide personalised recommendations based on their unique circumstances. We recognise that every business has different needs and goals when it comes to energy usage
Check If You Have A Business Energy Claim
Answer 3 simple questions to see if you are eligible to make a Business Energy Claim
Account Management for Large and Small Businesses
Account management can be overwhelming for businesses that have limited resources, time, and energy to devote to it. At Business Energy Refunds, we simplify this process by providing account management services for both large and small businesses. Our team of experts helps businesses stay on top of their bills, usage, and contracts while also finding ways to optimise performance.
We recently worked with a large hotel chain that had multiple locations across the country. They were struggling with keeping track of their energy bills, which resulted in late payments and penalties. By outsourcing their account management needs to us, the hotel chain streamlined their billing process. They now receive consolidated bills for all locations and are better able to manage their usage thanks to regular reports provided by our team.
Our account management services include monitoring energy bills, checking for discrepancies in usage or tariffs, assisting with metre reads/updates, and handling supplier communications. We ensure that businesses are on the most competitive pricing plans available so they can benefit from lower rates over time.
Some may argue that hiring an external company to handle account management is an extra cost that small businesses cannot afford. However, we believe that outsourcing this task allows business owners to focus on other areas of growth while leaving the complexities of energy management to us. Furthermore, our fee structure is flexible and transparent, ensuring that small companies do not bear any undue financial burdens.
Partnering with Business Energy Refunds as your account management provider is like having a trusted financial advisor or bookkeeper for your energy costs. We understand that businesses have limited time and resources to devote to their energy usage, which is why we provide a turnkey solution that takes the grunt work out of managing energy bills.
Get your compensation with Business Energy Refunds
At Business Energy Refunds, we firmly believe that businesses should have access to fair and transparent pricing plans from energy suppliers without hidden charges. Our responsibility is not only to seek out refunds for past injustices but also to help educate businesses directly so that they can protect themselves from unethical sales practises going forward.
Think of working with Business Energy Refunds as hiring an energy consultant who has your best interests at heart. We offer a holistic approach to energy management, which includes identifying issues, creating a plan of action, and supporting businesses through the entire process. Our aim is to help businesses reduce energy consumption and costs while also creating a more sustainable future for the UK.
- The mis-selling and hidden charges in energy contracts potentially puts billions of pounds at stake in the UK, as per the estimation by Business Utility Refunds experts.
- It is found that nearly 90% of business energy contracts contain some form of mis-selling or hidden commissions, leading to significantly overcharged utility costs.
- Companies like Business Energy Refunds and Business Utility Refunds have collectively managed to reclaim millions of pounds on behalf of businesses since they started operating in this sector.
Numbers
Client results
Has Your Business Overpaid On Its Energy Bills?