Aggregators for TPIs

Unfortunately, often big suppliers will not want to work with small or new brokers. This is often because they already work with enough brokers or because they believe the reach of smaller, newer brokers to be inadequate for their customer base.  

Here at Niccolo we want to support other smaller, newer businesses and offer them the same chances we appreciated when starting out. Like us, many small-to-medium sized suppliers will be very open to partnering with smaller brokers. The more suppliers you can partner with, the better for your business, reputation, and growth. There are a lot of suppliers – too many for most small brokerages to contact themselves individually.  

To help with this problem, many brokers use aggregators. Aggregators are a sort of energy-industry bridge for smaller brokers, providing them with access and reach to loads of suppliers. By increasing the reach of their brokers, aggregators also help brokers to access cheaper, wholesale prices for energy. Savings whenever possible are key for small businesses; why pay more for energy when that money may be better spent on improving marketing and expanding your customer base?  

Aggregators act like a sort of glue which helps entities (whom otherwise would be largely unable to) to engage with platforms and organisations, and customers. Usually aggregators provide software, access to money and lending funds, and commission processing functions. They are to both the customer’s and to the company’s benefit and convenience.  

One area that aggregators are particularly invaluable in is data security. Software can be expensive and is a big are many small brokers will have to scrimp and save on, often resulting in poorer quality frameworks which may not be able to offer them the security they need to protect their business. This is a huge opportunity for small brokers to benefit from.  

In this article we are going to take a closer look at some of the main aggregators. If you want more guidance, advice and support to apply to partner with these aggregators then you can contact us at Niccolo Gas; we are always happy to help.  

POWWR 

POWWR is the new name of two UK and US-based companies that have merged, POWWR and UD Group. This transatlantic coalition provides end-to-end global services and insights. The scope of this aggregator is an invaluable asset to any broker.  

The merger establishes both organisations as market front-runners, growing a reputation for their high-quality front-end sales, contracts, and risk management solutions. They are comfortably expert in finding solutions for retail energy brokers.  

POWWR provide both brokers and suppliers with software tools to grow their businesses. These tools allow brokers and suppliers live and cost-effective access to the wholesale utilities market, meaning cheaper prices to pass onto customers! Keeping costs low is an excellent, proven way to attract and retain customers to grow your brokerage. 

Their software cloud compares prices across the industry (saving your brokerage LOTS of valuable time), generates quotes, can produce verified contracts and supports you in managing your business journey and development.  

Below is a demonstration of what POWWR offer: 

Solutions for You  Explanation Benefits for You 
Web CRM A cloud-based CRM and procurement platform  Quick and easy quoting and contracting 
Price Comparison Website Comparing prices for energy across the industry Have the most competitive prices 
Registering you with suppliers Connect you with both large and small suppliers Establish relationships with suppliers to build a customer base and generate income 
API Integrations Compile all the software you use into one area Integrated systems heightens efficiency and improves accuracy of data 

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QUBE.Direct 

QUBE.Direct are the first technology company who offer energy brokers access to cloud-based pricing solutions – another trailblazer! These cloud-based solutions offer a fantastic range of product choice, creating savings for the brokers to then pass onto their customer base.  

Both domestic and business energy users are supported under QUBE’s consultancy, ensuring better service delivery to a wide range of customers.  

Switching contracts has never been more simple as QUBE always put customer experience first!  

ebroker 

ebroker provide integrated software solutions for energy brokers, specifically tailoring them to individual business models so every customer is assessed and treated as individuals.  

ebroker offer some free platform options, as well as paid-for licensed services. They work with small and large suppliers, including all of the Big 6! Their diverse and esteemed list of connections would be hugely beneficial to a broker. Also, as aforementioned, it is near impossible for brokers alone to form contact with larger suppliers (let alone the Big 6!) and so working with ebroker would provide a small broker with an incredible opportunity to grow their reputation and reach.  

ebroker provide tailored services for different businesses depending on your current situation, such as pathways for brokers with supplier relationships already and those who are just starting out. This means that brokers of all sizes – start-ups, small, and medium current capacity – can benefit from a tailored service from ebroker.  

Below is a demonstration of what ebroker can offer: 

Solutions for You  Explanation Benefits for You 
Commission Retention Retain 90% of the commission you make as a brokerage Greatly benefit from the opportunities an aggregator provides without sacrificing profit 
Send unlimited E-sign contracts No matter which license scheme you opt for, there are no limits on the amount of contracts you can send for e-signing  Have the opportunity to exponentially grow your business and stay relevant with simple and efficient e-sign documents 
Supplier Integrations Compile all the suppliers you use into one software Integrated systems heighten efficiency and improves accuracy of data 

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OnlineDIRECT 

Marketed as the refined energy aggregator, OnlineDIRECT became the first business energy aggregator back in 2003. Trailblazers for the industry, OnlineDIRECT has provided market access and industry support to thousands of brokers; now that is a reputation you can trust.  

With and impressive track record of initiative and excellence, OnlineDIRECT go way beyond simple aggregation. They pride themselves on offering unique training, support and technology services. OnlineDIRECT ensure that the brokers they partner with really are partners, and that mutual support and respect is essential to their market relationships.  

Below is a little look at their success: 

B2B Energy Contracts which have been set up, processed, and managed by OnlineDIRECT More than 500,000 
Contract Submission Time reduction, using their award-winning technology platform energyengine 50% 
Brokers currently partnered with, accessing their support services, supplier portfolios and pricing strategies 2,000 

OnlineDIRECT’s goal is to build brokers long-term success for their business meaning they will not just spend the bare minimum time to get you where you need to be. Instead, ample time will be taken to ensure you achieve where you dream of being.  

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evolve (Love Energy Savings)

evolving your brokerage should be the top of your priority list. Take advantage of evolve’s infamously, industry-leading commission rates, easy-to-use management portal and friendly UK based offices to grow, expand and improve your brokerage! 

Evolve partner with some of the biggest energy suppliers, including all of the Big 6. Charging no subscription fees, evolve provide comprehensive and accessible advice to brokers of any size.  

Evolve ensure they meet the needs of their brokers: 

  1. comparing more than 150 live tariff options from suppliers to allow brokers to see the most competitive prices, 
  1. instantly submitting contracts,  
  1. CRM system allowing sale cycle and commission management, 
  1. compliance and regulatory support,  
  1. giving brokers autonomy over the relationships they form through evolve, and  
  1. news updates shared regularly to keep brokers in the loop of the market. 

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Utilitrack  

Utilitrack are one of the fastest-growing utility brokerages in the UK! Utilitrack will work with you to enhance your skills as a professional. Their service is regarded as ‘quote though to contract’, offering comprehensive support for both customer and broker throughout the whole process of signing customers. Whether you are a broker starting from scratch or attempting to streamline and improve your existing, profitable brokerage, Utilitrack has an option to help you. 

Utilitrack want to offer brokers a simple, effective approach. Using their tracking systems increases efficiency as well as providing clarity and understanding for both brokers and customers. Sales will come quickly with the reputation Utilitrack are building for themselves, there are no limits of size or income potential – whether you start of small, or large, you still have the potential to grow your brokerage to 6 figures! 

Below is what Utilitrack can offer your brokerage: 

Solutions for You  Explanation Benefits for You 
Simplicity Clear, well-structured software and documentation Ensure accuracy, clarity and clear communication between customer and yourself – this infamously helps build retention 
Tracking System Schedule all contracts for their start and end dates  Staying on top of contract end dates and renewal is important and will save time on tedious administration processes, so that more time can be spent enhancing your customer’s experience. 
Efficient Integrations Compile all the documents and files you use into one software Integrated systems heighten efficiency and improves accuracy of data 

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Open Energy Market 

The Open Energy Market platform is an award-winning software you can use to buy, manage and forecast business utilities.  

Live, secure, and accurate information, the Open Energy Market service delivers massive savings. Savings are driven by competition and expert understanding of the energy market, whilst ensuring the service remains tailored and individual to each business’ needs.  

Open Energy Market is the smartest way to trade, buy, report, and forecast on commercial energy consumption – try it today! 

Solutions for You  Explanation Benefits for You 
Data Hub Accurate energy data all compiled into one easy location Connecting meters, supplier data, and internal reporting means that all your admin can be located in one easy location 
A Human Touch First-class advice offered by real people Staff will work with your company to understand your personal, corporate goals, helping to make a plan informed by their understanding of the industry which will shape your business into a success 

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