Your business could be owed money due to mis-sold energy contracts

Business Energy Claim

Any businesses that have used an energy broker to secure their energy contracts may have been mis-sold to. This means they could be owed thousands of pounds in compensation.

Energy brokers act as a middleman between you and the supplier. They may have added hidden commission into your energy contract without clearly explaining it to you. In many instances businesses are overpaying for their energy by tens of thousands of pounds – with some claims running into the millions.

This is a strictly No Win, No Fee service.

Free Eligibility Checker

Complete the Eligibility Checker and we confirm within 24 hours if your business qualifies for a review.
Email us a copy of your business’s energy contract and latest Gas / Electricity statement.
We provide an estimated claim value and start the claim.
Once resolved you will receive all refunds due.

Free Eligibility Checker

Your Questions Answered

Does my business qualify?

Your business needs to have had an active account with your local authority within the last 6 years. If your business has moved address or has more than one premises, we can still check to see if your business is due a refund.

What supporting documentation do you require?

The only documentation we require from you is our signed Business Refund Pack and a copy of a local authority rates bill / statement.

Why use Business Refunds?

Using our knowledge and expertise of this area, we have developed auditing and analysis software that check the calculations of your local authority rates and uncover any refunds due. Not only will your business receive a cash injection, it will also benefit from an ongoing reduction in charges from your local authority. Our relationships with local authorities mean potential refunds can be received within 2 to 3 weeks of starting the process.

Do you work on a No Win, No Fee basis?

Yes, complete the free eligibility checker and we will find out if you are due a refund. There is no cost to your business, even if you are not due a refund. Only once you have received your refund does our fee of 30% of any financial recovery become applicable.

How was the business mis-sold the energy contracts?

This is an example of how businesses were mis-sold their energy contracts:

Actual cost of energy – 10p/kWh
Energy broker commission – 1p/kWh
Your energy bill shows – 11p/kWh paid to supplier
Supplier pay energy broker 1p/kWh

What this means to the business…

Contract type – Gas
Contract length – 2 years
Energy broker rate – 1p/kWh
Annual consumption – 553,276 kWh
Broker commission – £11,065.52

Did you grant consent?

An energy broker must inform you of the commission they have been incentivised with to introduce you to a particular energy supplier. It is not enough for them to mention the commission in small print. They need to provide you with the relevant information regarding the payment from the supplier and receive your consent. If the commission is undisclosed, or even only partially mentioned, it is considered as a bribe from the supplier. Some brokers are entirely upfront and transparent about their commission. They provide their client with an explanation of how the commission is calculated, including information regarding the rate, and how this will increase the client’s unit charge. Unfortunately, not all energy brokers do this. It is estimated that there are upwards of 2 million businesses eligible for compensation, and we are here to help you with your claim.

What supporting documentation do you require?

All that’s required is a copy of any energy contract over the past 5 years and your latest Gas & Electricity statement.

Have you been mis-sold to?

Was your energy broker transparent about how much money they made from negotiating your business contract? In most cases brokers do not fully disclose their commissions. Energy brokers are less likely to disclose their commissions, knowing that it could result in less sales if customers knew a significant amount of their bill was going to the broker. Brokers may have even told businesses that the service was free, or that they get their commission from the energy supplier. However, the commission is typically built into the unit price they arrange for you.

Do you work on a No Win, No Fee basis?

We do not charge a fee for our services. We will introduce you to our partners who work on a No Win, No Fee basis. Therefore, no upfront costs and in the event your claim is unsuccessful you won’t have anything to pay.

I’m ready to make a claim, how do I start the process?

It’s a very simple process. Complete the free eligibility check and we can begin the process for you.

Check Now

We are

Business Refunds is a trading style of Am I Owed Ltd, Elmwood Court, Springwood Way, Tytherington Business Park, Macclesfield, Cheshire, SK10 2XF. Company Registration Number: 09597769

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Contact Business Refunds

01625 838454Phone: 01625 838454
check@businessrefunds.com

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Business Refunds is a credit broker and does not provide loans. All finance and quotes are subject to status and income. Applicants must be aged 18 and over. Guarantees and Indemnities may be required. Business Refunds can introduce applicants to several providers based on their circumstances. Business Refunds may receive commission for effecting such introductions.