- We are totally independent, and tender to all licenced retailers.
- We include all relevant data to avoid any unnecessary risk margins.
- Our unique tenders are designed to attract maximum retailer responses.
- Once offers are received EPS runs a blind auction to drive to the lowest possible ‘commission free’ price.
If you’re a purchasing manager and running the process yourself, you know that entering a new energy contract can be a minefield – especially if you only do it every few years, that’s where EPS comes in.
Fee-for-Service Model with no Commissions
EPS stays totally independent by not charging commissions on large market contracts, this allows us to avoid conflicts of interest and focus on getting you the best deal.
Why commissions work against you:
- Commissions inflate prices: brokers’ commissions are added to the raw rates, pushing contract prices higher, the exact opposite of achieving the lowest possible prices.
- Commissions divide loyalties: commission-driven brokers often have quotas or preferred retailer arrangements, Our sole focus is securing the lowest price for our clients.
- Commissions push the wrong contract Length: commission brokers prefer long-term contracts to lock in their income. When market prices are high, opting for a short-term contract can be a smarter choice.
We understand that there is a convenience in not having to pay a broker direct for their service, so our solution is:
- EPS arranges for our fee-for-service to be added to the metering charges and recover we our fee from the meter provider. Instead of expensive commissions being added to the rates you pay and then paid by the retailer to the broker.
This let’s your company grow and EPS maintains our independence while negotiating:
- Cheaper energy rates, and lower metering costs for you.
Our fee-for-service is added to your metering charge whereas commissions are hidden in your energy costs.
The Due Diligence we Provide as an Independent Third Party
Having access to your interval meter data on a daily basis enables us to provide:
- Accurate annual tariff reviews to ensure your sites are on the most cost-effective network tariffs for the site’s load-shape.
- Account validations to independently verify the accuracy of your energy bills, ensuring that any overcharging by your energy provider is reversed.
We use the only meter provider that has the software to allow the due diligence of an independent third party to ensure any retailer overcharging is corrected.
You Stay in Control
We research the market daily and arm you with facts and figures you need to help evaluate your options. We empower you to make informed choices – and take control over the final decision.
Blind Auctions
The issue with electronic reverse auctions, put simply is when the winning retailer knows what their competition is offering, they have no incentive to offer you their floor price. This problem is solved by making our reverse auctions blind, incentivising retailers to bid their lowest possible price.
Looking After You is our Team’s Top Priority
Energy Price Solutions is built on a client-focused culture, and our highly skilled team of responsive professionals ensures that you get the best experience we can provide. We believe these attributes are just as important as having the right service design. Our proven system of staff selection and training enables us to consistently deliver quality service every step of the way.
Simplicity is the EPS Way
The benefits of our service don’t stop once you have the lowest price. Everything we do is geared around our clients saving money and making securing cheap energy simple.
We provide a complete account management service; we liaise with retailers and network service providers to sort out any site or account issues that may arise.
What you get with our Energy management service:
- Ongoing Monthly Consumption & Budget reports.
- Monthly Account Validation using actual market data to have any retailer overcharging corrected.
- Monthly Detailed Summary Report.
- Monthly reporting on Power Factor and we can provide Power Factor reviews when required.
- Annual tariff reviews to ensure sites are charged the lowest possible network costs.
Our clients retain all savings we generate because we have no shared savings agreements.
We also help with National Greenhouse and Energy Reporting (NGER scheme).
Our service design, culture, and professional staff set us apart from our competitors, allowing us to develop long-term relationships with clients.
Energy Price Solutions is Quality ISO 9001 certified.
What you get with our Energy Management Service
- Ongoing monthly Cconsumption & budget reports.
- Monthly account validation using actual market data to have any retailer overcharging corrected.
- Monthly detailed summary report.
- Monthly reporting on power factor and we can provide power factor reviews when required.
- Annual tariff reviews to ensure sites are charged the lowest possible network costs.
Our clients retain all savings we generate because we have no shared savings agreements.
We also help with National Greenhouse and Energy Reporting (NGER scheme).
Our service design, culture, and professional staff set us apart from our competitors, allowing us to develop long-term relationships with clients.
Energy Price Solutions is Quality ISO 9001 certified.