UK Independent. Sourced. Primary. · Est. 2024

Compare Business Electricity Limited | Energy Brokers | Ringwood | Est. 2006

Compare Business Electricity Limited is a energy brokers registered in Ringwood, established 2006. View company details, send a free enquiry and verify FCA status. Kaeltripton Financial Index.

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Compare Business Electricity Limited

Energy Brokers · Ringwood, Bournemouth · Est. 2006

20 years
Active Trading
Active
CH Status
1,073
Monthly Views
18
Enquiries

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Company Registration Details

Registered company nameCompare Business Electricity Limited
Companies House number05737144 →
Company typePrivate Limited Company (Ltd)
Registered addressUnit 1, Austin Park, BH24 3FG
City / RegionRingwood, Bournemouth
Date incorporated2006
Years trading20 years
CH statusActive
SpecialismRecorded activity: 46180
Index statusClaim this listing →

About Compare Business Electricity Limited

Founded in 2006, Compare Business Electricity Limited has been active for 20 years — a period that spans significant change in the UK financial services landscape, including post-financial crisis regulatory reform, digital transformation and the economic disruption of recent years. The firm's continued active status through this period reflects operational stability.

The Kaeltripton Financial Index records 4544 energy brokers nationally, 35 of them in Bournemouth.

Verify dispute-scheme membership and ask for the broker's complaints procedure in writing.

What Energy Brokers Do

Business energy brokers, often called third-party intermediaries or TPIs, arrange gas and electricity contracts for non-domestic customers. Ofgem's non-domestic reforms mean suppliers may only work with brokers signed up to a qualifying dispute resolution scheme.

Contract timing usually matters more than small unit-rate differences: notice periods and renewal windows drive the outcome.

How to Choose the Right Energy Broker

Before engagement, bound the letter of authority in time and scope, and obtain commission disclosure in writing. Establish how many suppliers will be approached for your profile and whether the panel includes the majors.

Payment typically comes from the supplier as an uplift on the unit rate, spread across the contract's consumption.

Frequently Asked Questions

Are energy brokers regulated in the UK?
There is no direct licence for brokers; regulation reaches them indirectly, since suppliers may only work with brokers in qualifying dispute resolution schemes, giving microbusinesses an Ombudsman route.
How are energy brokers paid?
Commission from the supplier, embedded in the rate, is the norm. A transparent broker will quantify it unprompted; for microbusinesses, disclosure is required.
Can an energy broker save my business money?
In most cases, through a mix of supplier access and renewal-window discipline; missing a notice deadline costs more than most rate differences, and preventing that is much of the service.
What should I have ready when approaching an energy broker?
Bills with meter point numbers, your contract end date, current pricing and usage estimates are the working set; the notice period on your current contract is the critical date.
What is automatic rollover and how do I avoid it?
Rollover happens when a contract end passes without notice served, renewing the supply, often at materially higher rates. Avoid it by diarising the notice window and serving notice in writing inside it.

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Important notice: This page presents publicly available information from the Companies House register. Kaeltripton.com is a directory service and is not affiliated with Compare Business Electricity Limited or any listed firm. This page does not constitute financial advice. Always verify a firm's regulatory status on the FCA Register at register.fca.org.uk and its Companies House status at companieshouse.gov.uk before entering into any arrangement.

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