UK Independent. Sourced. Primary. · Est. 2024

Innovation Tenders Ltd | Energy Brokers | London | Est. 2019

Innovation Tenders Ltd is a energy brokers registered in London, established 2019. View company details, send a free enquiry and verify FCA status. Kaeltripton Financial Index.

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Innovation Tenders Ltd

Energy Brokers · London · Est. 2019

7 years
Active Trading
Active
CH Status
1,150
Monthly Views
16
Enquiries

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Company Registration Details

Registered company nameInnovation Tenders Ltd
Companies House number11898315 →
Company typePrivate Limited Company (Ltd)
Registered address1 Kings Avenue, N21 3NA
City / RegionLondon
Date incorporated2019
Years trading7 years
CH statusActive
SpecialismRecorded activity: 82990 (other business support services)
Index statusClaim this listing →

About Innovation Tenders Ltd

Incorporated in 2019, Innovation Tenders Ltd is an established firm with 7 years of trading history. The company has built its practice during a period of significant evolution in the UK financial services market and continues to operate as an active registered company.

London accounts for 1041 of the 4544 energy brokers tracked on this index.

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. Broker conduct in the microbusiness market is policed through supplier obligations and dispute-scheme membership.

Much of the saving comes from avoiding rollover onto default rates rather than from rate negotiation alone.

How to Choose the Right Energy Broker

The two documents to insist on: written commission disclosure and the terms of the letter of authority. Ask which suppliers the firm actually tenders to; panel breadth varies widely between brokers.

The cost of broking is normally inside the price per kWh; disclosure rules for microbusinesses make it visible on request.

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?
The standard model is an uplift on the unit rate paid by the supplier across the contract's consumption; ask for written commission disclosure before signing anything.
Can an energy broker save my business money?
Often, though the saving usually comes from avoiding out-of-contract and rollover rates as much as from negotiated pricing; access to supplier pricing for your consumption profile does the rest.
What should I have ready when approaching an energy broker?
Meter point references from your bills, contract end and notice dates, current rates, and consumption figures; with those, a broker can tender your supply accurately.
What is automatic rollover and how do I avoid it?
It is the automatic renewal that follows a missed notice deadline, typically at worse rates. The defence is calendar discipline: know the notice period and act inside the window.

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Important notice: Data on this page comes from the public Companies House register. Kaeltripton.com is an independent directory service, unaffiliated with Innovation Tenders Ltd 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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