Online Reverse Energy Auction Services
Historically customers have been offered little in terms of transparency or choice from energy brokers. Fixed price brokers often steer tenders towards suppliers with the highest commissions and flexi brokers often drawn customers into complex 'basket arrangements' designed for retention purposes.
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BuyENERGYonline are proud to be different. We offe...
BuyENERGYonline are proud to be different. We offer a refreshing and ethical approach to alleviate buyers of these problems, so that energy tenders can be conducted on a controlled, fair and fully auditable manner.
Using our reverse energy auctions is the logical way to shop for new energy contract. The process is very efficient and fully transparent. It also forces energy companies to under-cut each other to win or retain your business. This method secures the most competitive fixed price contract available so they can be benchmarked against all other flexible contract variants.
This revolutionary methodology was developed by energy traders and senior management from the broker networks who understand transparency, choice and value is essential for all tenders.
- All major UK suppliers use our software to submit their bids into the auctions
- Both buyers and sellers can view and compare live bids during the auction
- Uniquely, our auctions accept multiple bids, to encourage suppliers to “sharpen their pencil”
- All energy contract variants available on the day of trading are compared like-for-like instantly
- On completion of the auction we provide a Comparison Report to advises clients on their options
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