Why an Energy Broker is Your Financial Guide to Savings

Just like you'd use a financial advisor for investments or a real estate agent for property, an energy broker navigates the complex electricity market to get you the best deals.

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How Energy Brokers Work

Brokers act as your advocate in the energy market, using their expertise and supplier relationships to secure better rates.

1

Analyze Your Usage

Review your bills, usage patterns, and load factor to understand your profile

2

Shop Multiple Suppliers

Request quotes from 5-15 suppliers simultaneously to maximize competition

3

Negotiate Terms

Leverage volume and relationships to secure better rates and contract terms

4

Manage Your Contract

Monitor market, alert you to renewal windows, handle supplier issues

No Cost to You - Here's Why

Energy brokers earn a commission from the supplier (typically 1-2¢/kWh), which is already built into wholesale rates. This means:

  • You pay the same whether you use a broker or go direct
  • Brokers have incentive to find you the best deal
  • No hidden fees or markups

How Brokers Add Value:

  • Access to multiple supplier quotes simultaneously
  • Understanding of contract terms and hidden fees
  • Market timing expertise for contract negotiations
  • Ongoing contract management and renewal alerts

Actual savings vary by customer based on current rates, usage patterns, and market conditions.

Common Myths About Energy Brokers

"Brokers are pushy salespeople"

Reality: Good brokers educate and advise. They succeed by building long-term relationships, not pressure tactics.

"I can get the same rates myself"

Reality: Brokers have wholesale access and volume leverage that individual businesses can't match.

"There are hidden fees"

Reality: PUCO-licensed brokers must disclose all compensation. Ask for it in writing.

"My usage is too small"

Reality: Businesses using 25,000+ kWh/month can benefit significantly from broker services.

Top Ohio Energy Brokers

All brokers listed are PUCO-licensed and specialize in commercial accounts

Verde Energy

Specializes in fixed-rate contracts for commercial accounts

Strengths

Fixed rates Green options No cancellation fees

Min usage: 50,000 kWh/month

Constellation Energy

Large commercial and industrial specialist with hedging options

Strengths

Custom contracts Demand response National coverage

Min usage: 100,000 kWh/month

Energy Harbor

Ohio-based supplier with competitive rates

Strengths

Local support Nuclear/clean energy Flexible terms

Min usage: 25,000 kWh/month

Direct Energy Business

Full-service energy management for businesses

Strengths

Online portal Budget billing Energy audits

Min usage: 75,000 kWh/month

IGS Energy

Ohio-headquartered with strong local presence

Strengths

Local expertise Solar options Price protection

Min usage: 30,000 kWh/month

Verify PUCO License

Always verify your broker is licensed by the Public Utilities Commission of Ohio (PUCO). Licensed brokers must follow strict consumer protection rules.

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