Menu Close

Mis-Sold Business Electricity Contracts Are Crippling British Industry

Reduce Business Energy Bills & Improve Your Bottom Line

Are you one of the many business owners concerned about rising electricity costs? You’re not alone. With electricity bills representing a significant portion of operational expenses, finding ways to reduce them is crucial for maintaining profitability.

Consider this: According to OFGEM, in 2020, UK businesses collectively spent a staggering £34 billion on electricity. That’s a substantial sum that could significantly impact your bottom line if not managed effectively.

Did you know that a large portion of businesses rely on energy brokers to navigate the complex energy market? In fact, OFGEM reports that 67% of small businesses utilize brokers to secure energy contracts. With an estimated 3,000 energy brokers operating in the UK, it’s essential to ensure that you’re getting the best deal possible.

However, the energy market isn’t without its pitfalls. Since 2010, OFGEM has imposed over £200 million in penalties, including £35 million specifically targeting brokers for mis-selling practices. These penalties underscore the importance of vigilance when navigating the energy market and the potential risks associated with trusting unscrupulous brokers.

At Reclaim Energy, we understand the challenges businesses face when it comes to managing electricity costs. That’s why we’re here to help you navigate the energy market safely and effectively.

Our experienced team specialises in helping businesses like yours find the best electricity deals tailored to your needs. We work with trusted suppliers to negotiate favorable contracts that save you money while ensuring reliable service.

Don’t let skyrocketing electricity bills eat into your profits. Contact us today to learn how we can help you reduce your electricity costs and take control of your bottom line.