Energybid is a live auction, not a one-shot quote. Suppliers keep bidding lower in real time, for as long as you leave it open, and you accept a bid whenever you're ready. No broker, no hidden commission, just one flat fee when you say yes.
Around 3,000 energy brokers arrange contracts for UK businesses. Most add their commission to your unit rate, so it’s baked into every kWh you use for the length of the contract. You never see it as a line item, and nobody asks whether you’d like to pay it.
Commission is added to your rate, not shown on your bill. On a typical SME contract, it can run into thousands.
Most brokers only ask a handful of suppliers to quote. The rest of the market never sees your contract.
The more energy you use, the more the broker earns. That’s no incentive to find you the cheapest deal.
Ofgem is reviewing how third-party intermediaries in business energy are paid and what they have to disclose. Energybid was built around a flat, visible fee from day one. Transparency isn’t something we’re adapting to. It’s the whole idea.