Energy brokers are compensated for their expertise and contract negotiation services. One of the most common ways an energy broker collects his fees in through the supply rate itself. As long as you are affiliated with a licensed brokerage firm, you have the ability to build your fee into the customer’s energy supply price so they do not need to pay you directly. In this instance, the energy supplier compensates the broker by paying the licensed brokerage firm its commission or fee. This is the most painless way to handle a customer relationship as a broker does not need to invoice his customer directly.
On the other hand, brokers or consultants who are unlicensed are not permitted to add their fee to the energy supply price and must be compensated directly by the customer. Due to the challenge of having accounts receivable and needing to invoice your customers directly, it is much more advantageous for an energy broker to align with a licensed brokerage firm like Diversegy. It is also recommended to align yourself with a brokerage firm that is licensed in all deregulated states so that you have the ability to collect your fees nationally. Diversegy is a nationally licensed brokerage firm holding electricity and natural gas licenses in all deregulated states.