BrightSourced helps smaller firms fight back against the price hikes from the big energy companies.
BrightSourced helps SMEs fight back against the price hikes of the big energy companies, with access to the energy expertise and buying power of the blue chips, through their new online cost comparison platform.
BrightSourced’s energy division “BrightSourced Energy”, has been managing energy for blue chip organisations for over 20 years, using their expertise and market insight, they have recently launched an online utility cost comparison platform to provide SMEs with access to real-time energy contract prices from the UK’s largest energy suppliers.
Energy is an integral part of how these SMEs operate, but often a forgotten overhead. They have always been at a disadvantage to the big Industrial and Commercial (I&C) users when it comes to buying energy, they don’t have the time and dedicated resource in-house to manage it themselves and can’t afford the costs involved with using specialists consultancies. Also their volumes typically don’t lend themselves to demanding the best possible prices from the energy providers when it comes to cost either.
As a result this has limited the available options for making an informed buying decision. Therefore many SMEs have resorted to engaging a broker they can trust to help them. This is made harder by the fact they are bombarded with sales calls from brokers, leading to confusion on which route to go down. This has driven an understandable apathy to the energy market and switching for a better deal - meaning the only winner in the long run is the energy companies, who continue to benefit from the greater margins SMEs typically pay.
In response to feedback from SMEs and market intelligence, BrightSourced Energy in partnership with Switching Energy, have taken their in-depth knowledge of the industry and created a market leading cost comparison platform that specifically meets their needs, simplifying the switching process and putting the business owner firmly back in control.
The comparison engine gives customers:
• Energy price comparison data from trusted suppliers
• Live contract prices that can be executed exclusively online
• Real-time credit checks (supplier dependent)
• 24/7 availability fitting around business owners needs
Simon Smith, Managing Director of BrightSourced Energy said
“We have listened carefully to SMEs and directly addressed the needs of time-poor small businesses, leading us to develop the online utility cost comparison platform. We can now deliver a solution that enables these types of companies to engage in the energy market via tools that work for them and their hectic work schedules.
We have years of consultative expertise working for large business energy users and helping them buy more effectively. We decided to partner with Jon Davies from Switching Energy, as he has experience on what SMEs need from an energy solution, having worked on the supply side for one the largest energy suppliers in the UK. Together it allowed us to develop an online platform to truly address their needs.
Our real-time cost comparison platform provides SMEs access to live contract prices for their energy from reputable suppliers and allows businesses to complete the journey from start to finish in their own time with no time-consuming verification calls.
Although at present we have only rolled out the site in the UK, we plan to extend to the European market moving forward.”
The cost comparison platform enables business consumers to access market-leading prices directly and in their own time; something particularly attractive amongst those companies that manage their administrative concerns outside of usual business hours.
It vastly simplifies the switching process and is the first one of its kind that enables businesses to obtain a quote, contract with the new supplier and switch within one transaction, mirroring the digital journey available within the domestic market.
Switching Energy’s founder Jon Davies said
“Having worked within the energy sector for many years, it was clear to us that small businesses needed easier, straightforward access to the energy market to truly reap the benefits of switching suppliers. Working with the expertise and buying power of BrightSourced Energy, the new switching platform enables small businesses to access market-leading prices at a time that suits them. Not only that, they can act immediately to secure that price in a single transaction. We believe this is a key step in encouraging more businesses to engage with the market and benefit from more favourable tariffs.”
BrightSourced, in partnership with Switching Energy empowers businesses to make more informed and timely decisions regarding their energy contracts, with the benefit of the immediacy needed for the small business sector.
To learn more about BrightSourced Energy and start your switching process please visit:
http://brightsourced.com/brightsourced-energy/sme-utility-cost-comparison-platform
PRESS RELEASE ENDS