Are you aware of the deceptive practices surrounding energy supplier mis-selling? Join us as we shine a light on the unlawful actions that have left countless businesses and organisations overpaying for their energy needs.
In the UK, business energy rates increase every year. To help keep costs down, using energy brokers to secure gas and electricity deals is commonplace. These brokers are supposed to search the market for the best deals and act in your best interests. However, this industry has a shameful side, with some brokers engaging in unethical behaviour for financial gain.
In short, while people expect the energy recommendations to be impartial, some brokers receive large commissions for advocating a particular energy supplier.
Is paying energy commission illegal?
Paying broker’s commissions is not illegal. But, while brokers are permitted to receive commissions, they must be transparent about it and inform customers of any potential impact on their energy bills.
Unfortunately, many brokers fail to meet these requirements, withholding crucial information from energy customers. The energy companies compound the issue by covertly adding portions of these commissions to customers’ monthly bills, further inflating costs.
The repercussions of these dodgy practices have been far-reaching, with businesses and organisations across various sectors experiencing severe financial strain. Some organisations paid substantial sums exceeding £100,000 in secret commission, leading to significant profit losses and, in some cases, closures. Furthermore, lawyers allege that brokers prioritised recommendations based on commissions received rather than the most suitable deals for customers, increasing energy costs even further.
Legal experts have initiated no-win, no-fee claims to hold energy companies accountable for these mis-selling practices. With potential compensation ranging from £2,000 to £150,000, affected businesses have an opportunity to reclaim what’s rightfully theirs.
Find out if you could be eligible for energy commission compensation with our user-friendly eligibility checker.
