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Business Energy Claims
Detect Hidden Commissions, Learn the Signs, and Protect Your Business Interests. Connect with Our Expert Mis-Selling Team for a No Win, No Fee Assessment.
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Learn more about Business Energy Claims
Unfortunately, an industry-wide problem has been reported which shows that many companies have been mis-sold gas and electricity.
Third parties are charging commissions that are not made explicitly clear from the outset, resulting in much higher energy charges. This is clearly unjust and needs investigating.
Energy brokers legally must disclose any commissions earned, but over the years many have made misleading statements or concealed their financial incentives.
How do I know if I have a business energy mis-selling claim?
If you have been paying a certain amount in energy for the past few years, it can be easy to overlook those charges and aim to search for a new broker at the end of your contract. This could leave you seriously out of pocket. If you notice that your bills have risen sharply recently or simply feel you’re paying more than you should, don’t hesitate to seek legal advice from our expert mis-selling team.
Energy brokers work on your behalf and therefore have a duty of care to find you the very best energy deals for your business. Rates should always be competitive. Most importantly any additional compensation added by the broker should be made clear from the outset. Deliberately mis-selling energy in a way that benefits the broker is surprisingly common and an obvious breach of trust. So don’t just presume that prices have gone up and you’ve got to make do.
What are the signs of having been mis-sold?
When you contact the broker directly to question the energy price, they’ll likely reassure you that everything is fine. After all you have a professional relationship with them and presume, they have been looking after both you and your business.
They may have told you that the service was free, or that the broker got their commission from the supplier they place you with, and it is built into the unit price they arrange for you which is often not disclosed.
If you weren’t informed about broker commission at the point of sale, or within your business energy contract, you may be a victim of misselling. You may be able to claim the full amount of the commission back as damages and get a reduction in your energy costs. At Iridium Law, we operate our Business Energy Claims on a No Win, No Fee basis. This means that, at no cost to you, we will check whether you have a valid claim.
*Terms and conditions apply. You may be charged if either we or you terminate the agreement early, depending on the circumstances.
Please refer to your Damaged Based Agreement (No-Win-No-Fee) for more details.
Our No-Cost Guarantee
All of our banking fraud claims are handled on a ‘No Win No Fee’ basis, which means that you do not have to worry about any financial risk at all. If your claim is unsuccessful, it will not cost you anything.*
We appreciate and understand that you are already out of pocket because you have lost money from your bank, so we do not consider it is fair to ask you to risk losing any more money by making a claim.
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At Iridium Law, clients are our primary focus. We deliver consistent, high-quality representation resulting in successful court outcomes. From our first interaction, to the last court appearance, we will provide you with sound advice and comprehensive advocacy.
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