How it works
How a tender works
A tender with Business Savings Guru has five steps: you sign a letter of authority, we build the register of every meter, suppliers quote on the same basis, you choose on total yearly cost, and we check the first bills on the new contracts.
- Nothing is agreed until you sign a contract
- Our commission disclosed on the contract you sign
- A named account manager for every portfolio
The five steps
- 1
Letter of authority
You sign a letter that lets us ask suppliers for your contract details and quotes. It does not commit you to anything.
- 2
The register
We list every meter, supplier, rate, end date and notice period, and flag anything on out-of-contract rates.
- 3
Quotes on the same basis
We approach suppliers from our panel of over 20 energy suppliers, and those who quote do so for each site on the same terms and consumption, so the figures can be compared fairly. We aim to provide quotes within 48 hours of receiving the information and authority needed, depending on the complexity of your requirements.
- 4
Your decision
You see each option's total yearly cost and what is fixed and what can change. Our commission is disclosed on the contract you sign.
- 5
Switch and check
We handle the switch, then check the first bills on every site against the new contract.
How we are paid
At Business Savings Guru, we believe customers should understand how their energy broker is paid. Our commission is clearly disclosed on the energy contract you sign, so you know how BSG is remunerated before you commit. How broker fees work
Questions we are asked
How long does it take?
What do you need from us?
Who will we deal with?
What happens after the contracts start?
Read next
- Multi-site energy brokerOne register of every meter, one end date, one tender for the whole portfolio.
- How energy brokers are paid, explained openlyHow UK business energy brokers are paid: commission built into your rates, fixed fees, what Ofgem requires suppliers to disclose and what to ask.
- When to renew a business energy contractWhen to renew a UK business energy contract: start 6 to 12 months early for larger users, know your notice period and avoid costly out-of-contract rates.
