selling energy?

[jamie750xx]

There seems to be a plethora of companies selling gas and electricity contracts to the business market

is there a market for brokers targeting residential customers? doesnt seem to be any info online

it used to be a thing where you were paid say a couple of hundred per account and now that everybody is wanting to reduce their bills it looks like a possible venture going forwards

[Frimley111R]

Problem is that consumers consume less and therefore the commission you get may just not be worth the effort.

[mcflurry]

Thought Uswitch, Money Supermarket and the like were the "brokers", at least until 90% of the suppliers went under?

[Simpo Two]

jamie750xx said:

is there a market for brokers targeting residential customers?

I thought the days of cold callers asking 'Would you like to save money on your energy bills?' was over. I used to reply, 'No thanks, I'm loaded'

[AlvinSultana]

https://www.bbc.co.uk/news/uk-england-lancashire-6...

[Geoffcapes]

The issue with residential brokerage is that you'd be lucky to make £10 commission for each contract you switched.

Hence Uswitch was set up, by the big energy firms. And they've cornered the market. Until money supermarket came along.

Technically energy companies make a loss on selling energy top domestic customers (paperwork and admin mainly), but it's a necessary evil for them as the government tell energy companies they have to offer a domestic product.