Utility brokers launch their own industry body

May 19, 2011 - PRLog -- Utility brokers launch their own industry body

New forum launched to improve utility industry and protect businesses

A new group has been set up to regulate and improve the operations between commercial utility brokers, suppliers and clients.

The ‘Aggregators Forum’, launched by Andy Pilley, managing director of Commercial Power, held its first meeting earlier this month with the support of almost all other aggregators, Benjamin Dexter Ltd, Billscutter Ltd, Lourdes Associates Ltd, Commercial Energy Ltd, Utility Renewals, Commercial Utility Brokers Ltd, Business that Connects Ltd and Utilitywise Ltd.   These companies represent some of the main aggregators in the UK, which act as super brokers dealing with a network of smaller brokers.  As a group, they handle around 80% of all new commercial utilities contracts written.

With no existing regulatory body, the Aggregators Forum has already gained full support from many of the largest licensed gas and electricity suppliers in the UK.

The aggregators plan to answer calls from many quarters in recent months for self regulation of utilities broker activity to include streamlined guidelines for them all to work to, improved training and performance monitoring and a number of changes to the market place are being actively discussed

Andy Pilley, founder and managing director of gas and electricity aggregator, Commercial Power, comments:

“I decided to take the lead and to bring the key aggregators together, so we can improve the industry’s standards with a group effort by clear and effective self regulation of our industry.  It is vital that we team up with a joint mission to benefit and improve our sector.  By the aggregators talking to each other, not only will brokers benefit but more importantly so too will the business owners who are taking out new utility contracts.”

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Media contact: Meg Pugh @ MC2 (0161 236 1352)

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