Next, it is important to have solid supplier and/or broker relationships. Most energy brokers who are just starting out need to align themselves with a larger broker to take advantage of their licenses and supplier relationships. If you are planning on filing for your own energy broker license, then you must develop relationships with retail energy suppliers directly.
These relationships are key to making your broker business work. Without pricing from multiple suppliers, it will be hard to compete against other seasoned energy brokers. In fact, Diversegy has a program in place for start-up brokers who can use Diversegy’s footprint and infrastructure to have a turn-key business overnight.
The Benefits Of Partnering With a Broker Like Diversegy
As a new energy broker, it can be quite difficult to establish new supplier relationships with advantageous payment terms. For these reasons, many start-up, and seasoned brokers for that matter, elect to work through larger broker organizations.