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Everything You Need to Know
About Energy Brokers

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Energy brokers play an essential role in the energy purchasing process. When choosing an energy broker, it is worth considering those equipped with energy brokerage software as it can offer additional benefits to businesses. 

Enerclix is a cloud-based energy procurement software that helps energy brokerage businesses save time and money. It is the only retail energy brokerage software that offers a complete end-to-end solution. It is designed for easy use and offers a wide range of features.

Energy management is a process through which organizations set goals and strategies to reduce energy consumption and save money. Part of this process includes energy procurement or purchasing energy from suppliers.

The Role of an Energy Broker in the Energy Purchasing Process.

While some businesses may handle their energy procurement, others may work with an energy broker. Energy brokers are independent professionals who help businesses identify the best energy suppliers and tariffs for their needs and negotiate contracts on their behalf.

Major tasks performed by an energy broker

  • Conducting market research to identify the most competitive energy suppliers.
  • Analyzing a business’s energy usage and needs.
  • Recommending strategies to reduce energy consumption and costs.
  • Negotiating energy contracts on behalf of businesses.
  • Providing ongoing support and advice

Reasons To Hire an Energy Broker

In addition to the significant cost-savings brought in through well-worked deals, an energy broker can benefit a business in the following ways:

1) Providing a futuristic approach

 An energy broker will have their finger on the pulse of the energy market. This means they can help a business to anticipate future changes and develop strategies to stay ahead of the game.

2) Time savings

The process of conducting market research, negotiating contracts, and managing ongoing energy supply can be very time-consuming. By hiring an energy broker, businesses can free up time to focus on other areas of their business.

3) Expert knowledge of the energy industry

Energy brokers have in-depth knowledge of the energy industry. This means they are well-placed to advise businesses on the best way to meet their needs and achieve their goals.

4) Takes care of administrative tasks

An energy broker can take care of all the administrative tasks associated with energy procurement, such as managing supplier invoices and payments. This results in significant time-savings for the business.

Energy Brokerage Software – The Superpower of Energy Brokers

The deregulated energy industry is complex, with many suppliers and tariffs to choose from. Energy brokerage software helps brokers to stay ahead of the competition in the following ways:

The software makes the broker’s job easier so they can focus on providing the best possible service to their clients.

With the help of the software, the broker expands his clientele, thus garnering broader experience and better revenue.

The software automates the entire energy procurement process, from conducting market research to managing supplier invoices and payments. This makes the process hassle-free and more efficient

How to Become a Retail Energy Broker: Insider Tips for Success.
#Tip 1: Get to know the energy broker platform that you are using

The first tip is to get to know the energy broker platform you are using. This may seem like a no-brainer, but it is actually very important. You need to understand how the platform works and what features it has to offer. This way, you will be able to use it to its full potential and get the most out of it. 

If you are unsure where to start, we recommend checking out our energy broker platform, Enerclix. We offer a free trial so that you can try out all of our features and see if it is the right fit for your business.

#Tip 2: Get to know your customers

The second tip is to get to know your customers. It is important to understand their needs and wants. This way, you will be able to offer them the best possible products and services. For example, if you know that your customers are interested in green energy, you can offer them environmentally friendly products.

In addition, you should also keep up with industry trends to offer your customers the latest in energy services.

#Tip 3: Stay organized

The third tip is to stay organized. This is important because you will be dealing with a lot of information. You need to keep track of all of your customers, their energy needs, and the products and services you offer.

We recommend an easy-to-use energy broker platform like Enerclix. Our platform is designed to be user-friendly and helps you stay organized to focus on what is important – your customers!

#Tip 4: Offer the best customer service

The fourth and final tip is to offer the best customer service. This is one of the most important aspects of being a successful energy broker.  You need to be able to provide your customers with the best possible service so that they will keep coming back to you.

Why Choose Enerclix’s Energy Broker Platform?

  • We offer a free trial so that you can try out all of our features.
  • Hosted in a Tier IV Facility – the highest level of security and scalability.
  • SSAE 16 Type II Compliant and 2048 Bit – SSL.
  • Access live pricing and transact deals in real-time with our Live Marketplace™.
  • We offer training and support so that you can get the most out of our platform
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How to Encourage Prospects to Switch Energy Brokers

In a deregulated market, consumers have the power to choose their energy provider if they’re not happy with the one they have. But, they may have questions such as, what are the reasons to switch brokers? And how do they go about doing it without disrupting their service? Here’s everything you need to know to show prospective clients how switching energy brokers can save them money on energy.

Reasons to Switch Energy Brokers

They may be thinking, “My broker is fine. I don’t need to switch.” But, there are actually a few reasons why they might want to consider changing brokers

1. They’re not happy with the service

If they’re not happy with the level of customer service they’re receiving, it may be time to switch brokers. They have the power to choose their energy provider, so they should feel comfortable and taken care of by their broker. If they don’t, it’s time to find someone new. 

2. Their rates have increased

If their energy rates have gone up, it may be time to switch brokers. A good broker will work to get them the best rate possible. If their broker isn’t doing that, it’s time to find a new one.

3. They want to go green

If they’re interested in going green and using renewable energy, some brokers specialize in that. If their broker doesn’t offer what they’re looking for, it may be time to switch.

How to Switch Energy Brokers
Now that you have the reasons to switch brokers to present to prospects, let’s talk about how to walk them through the process.

1. Check if there are any cancellation fees

Before switching brokers, they should check to see if there are any cancellation fees. They don’t want to be stuck paying a fee just to leave their current broker

2. Choose a new broker

There are a few things to consider when making this decision. Provide them with all of the reasons why they should choose you as their new energy broker. First, by comparing your rates and plans to other energy brokers. Also showing that you are licensed and accredited. Then, direct them to your customer reviews so they can get a feel for the customer service they can expect.

3. Make the switch

Tell them that once they’ve decided, the process of switching is simple. All they have to do is contact you to make the switch.
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