How to Make a Successful Hidden Commission Business Energy Claim: A Comprehensive Guide
Introduction: In the UK, many small businesses have unknowingly fallen victim to mis-sold business energy contracts due to hidden or secret commissions. Energy brokers, who act as intermediaries between businesses and energy suppliers, have been concealing their commissions, resulting in inflated energy prices for unsuspecting businesses. If you suspect that your business has been affected by hidden commissions, SortMyCash and our partner solicitors are here to help you make a successful claim. In this comprehensive guide, we will walk you through the process of filing a hidden commission business energy claim and offer tips for increasing the chances of a successful outcome.
Step 1: Identify the signs of mis-selling: Before starting a claim, it is essential to understand the signs of mis-selling. Some indicators that your business energy contract may have been mis-sold include:
- Your broker did not disclose the amount of commission they were receiving
- You were presented with only one energy option after the broker claimed to have conducted a comprehensive market review
- You were bound to a lengthy, multi-year agreement without being informed of the contract duration at the time of sale
Step 2: Gather evidence: To support your claim, you need to gather relevant documentation, such as:
- The name of the energy broker you used
- Copies of your energy supply contract (or invoices if the contract is unavailable)
Step 3: Contact SortMyCash and our partner solicitors: When you are ready to pursue your claim, get in touch with SortMyCash by filling in our simple online form or emailing us at EnergyClaim@SortMyCash.co.uk. Our expert partners will evaluate your case and provide guidance on the next steps.
Step 4: Prepare for the claims process: Our partner solicitors will handle the claims process on a no win, no fee basis. To ensure a smooth process, cooperate with their requests for information and promptly provide any necessary documentation.
Step 5: Understand the potential compensation: Compensation amounts can vary depending on the specifics of your claim. While the average claim is around £25,000, amounts can range from £2,500 to over £2 million. Keep in mind that compensation typically equates to around 20% of your total energy bills over the affected years.
Conclusion: Filing a hidden commission business energy claim can be a daunting process, but with SortMyCash and our partner solicitors by your side, you can navigate it with confidence. By following this guide and working closely with our team, you can increase the chances of a successful claim and recover the compensation your business deserves.
Ready to start your no win, no fee business energy claim? Click here to visit our main page and begin the process today with SortMyCash and our expert partner solicitors.