What is Utility Brokering?
We negotiate discounts
and refunds errors and overcharges on energy and telecom and bills by offering
a choice of services to suit all size of clients:
1.QUOTATION
For houses & small business typically spending up to £5000 a year we offer a FREE
service (suppliers pay us royalties and customers can buy online without any effort
on our part).
2.NEGOTIATION Recommended for businesses spending
£5-15k. We’re paid a lump sum at 25% of what we'll save clients for the
next 12 months based against their current supplier's renewal offer.
3.MANAGEMENT For large or multiple site clients we recommend ‘working
for the client, not the supplier’. Reductions and refunds are split with
clients 50/50 each month. We monitor clients monthly bills against market offers,
ensuring they continually benefit from maximum savings. We identify and refund
overcharges, liaise with suppliers, tender and negotiate wholesale price contracts
on behalf of customers. In effect the client benefits from our 'purchasing department'
without increasing their overhead.
4.AUCTION Again
this service suits large users and allows clients to tender their own supplies
online in a reverse auction ( not unlike Ebay ) and the service is FREE as we
get paid by the auction house without ever having to speak to a client.
Whatever
the client decides we guarantee 'if we don't save clients’ money, we don’t
get paid'...customers can’t lose!
Don’t
clients do this themselves?
Most consumers don't for four main reasons:
1. They are too busy and don't want the ‘hassle’ of dealing with
something which is ‘technical’ to them.
2. They are disadvantaged
by profit driven suppliers ( it’s not in utility companies interests to
volunteer savings) and customers have a fear of 'sales talk'.
3. Tariffs
and contracts are bewildering, they change frequently and many rates are not published.
4. Overcharges occur due to unsuitable metering or tariffs and the complexity
of bills and contracts; yet customers pay as they don't want to be ‘cut
off’ and assume bills are ‘probably’ correct. Errors on bills
are more common than ever as deregulation has forced suppliers to cut internal
staff.
How much competition is there?
You’re
at the start of a utility revolution; the UK is the most deregulated market in
the world. We have a larger client base than Accountants with some 28.4 million
electricity and 20.9 million gas customers. Look in Yellow Pages at the hundreds
of successful Accountants, then try finding Utility Brokers. Over the next three
years your market will explode as Europe opens up to deregulation too. Our group
plan to be leading players in price comparison and consultancy here too.
Can't
I set this business up myself without paying you ?
Yes,
you probably could but if you take into account the time it will take you to gain
the knowledge, set up supplier arrangements (many suppliers will not deal with
you without a proven track record) and market effectively, it will cost you a
lot more than going through us. Remember we're already 12 years ahead of you,
experience counts for a lot.
What
will I earn?
Earnings are determined by four main factors:
1.
Marketing spend: Our research to date shows that for every £1 spent on marketing
you can expect to earn £10. Therefore if your target income in year 1 is
say £25,000 you should spend £2500 a year or £208 a month. As
your business grows you should keep re-investing 10% of your income in marketing
to 'lever' your income.
2. Effort. Like any business the more you put
in the more you'll receive.
3. Turnover of clients utility spend. You
can choose to target lots of smaller accounts or concentrate on serving just a
few clients with larger utility costs...the choice is yours.
4. No of
actual clients per annum. Realistic range of income from £20,000 - £300,000 per
annum.
Some recent sample clients fees shown
below (these can be verified should you choose to visit us ).
| Client: | Savings | Time: | Our
fees: |
| Service:
MANAGEMENT | | | |
| Health Club | £64000 (plus £2560 refund) | 16
hrs + 30 mins p.m | £33,280 (£832 per hour) |
| Bakery | £25682 (plus £810 refund) | 12 hrs + 30 mins p.m. | £13,246
(£552 per hour) |
| | | | |
| Above fees are paid monthly by clients @
50% of the saving on each bill. |
| | | | |
| Service: NEGOTIATION | | | |
| Luggage Mfr | £2906.89 electricity saving | 10
hrs | £726.72 (£72.67 per hour) |
| Software
Co | £1366.91 telecom saving | 4.5hrs | £341.73 (£76 per hour)
|
| | | | |
| Above fees are paid by client @ 25% of first year saving after
initial work is completed. |
| | | | |
| Service: QUOTATION | | | |
| Biz Centre | £2107 annual gas saving | 4
hrs | £357.26 (£89.31 per hour) |
| 4 bed
detached house | £327 annual gas saving | 2 hrs | £117.00 (£58.50
per hour) |
| 2 bed semi | £150
dual fuel saving | 0 hrs ( automatic website sale) | £18.00 |
Above fees are paid as a lump sum by
supplier when supply contract starts...the client pays nothing. On top
of all the above you can expect to earn an average 10% of every customers' telephone
spend by switching their supplier and saving them money. For example say you switch
a business with 10 BT Lines and £500 a month call spend. You save them an
average 20% so their bill drops to £400 a month. You get £40 a month
from the supplier for as long as they continue to use the service. That's £480
a year residual income per client for no extra work. The same applies for
household customers albeit on a smaller scale and you can earn residuals on gas,electricity,telephone
and mobiles using leading providers like Telecom
plus |
| | | | |
Introduction>>
Questions and answers>>
Costs>>
